The Archive · 1938

Drop in World Trade

Geneva, Apr. 15.

An unusually sharp decline in world trade and a continued de-0 cline in industrial shares were indicated today in the monthly Bul-latin of Statistics of the League of Nations.

The bulletin revealed that the January to February drop in world trade was valued at US$100,000,000, as compared with the US$4,000,000 drop in the corresponding period in 1936.

Both exports and imports for the period were reported to have declined in fourteen countries, The countries included the United States, Britain, Germany, Canada and Argentina.—United Press.

Text read from the printed page and cleaned; old type leaves the occasional error.

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