London, Aug. 18.
NFAVOURABLE indications of economic conditions in Germany were somewhat relieved by the publication today of the foreign trade figures for July which show exports for Greatar Germany during the month as having amounted to Rin. 470,000,000, representing an increase of Rin, 33,800,000 over June. Imports during the same period totalled Rin, 472,500,000, a decrease of Rin, 13,100,000, The unfavourable trade of Greater Germany has thus been reduced from Rin, 49,400,000 in June to Rin. 2,500,000 in July.
Finished goods dominated the in crease in exports, with a rise of Rin. 37,400,000, " The decrease in imports was mainly in foodstuffs, though pur-choses of raw materials and of semifinished goods increased.
"These figures, however, are not considered suMeient to warrant the supposition that there has been change in the general tendency of imports to increase under the need fof storage and exports to contract on contracting world market.
Commenting. on Germany's, finan. cial arists, the "Pinanclal News" states that, while a variety of factors have contributed to the decline, the basic factor has been the real sudden stringency of credit, resulting from major change in the financial polley, But the present dimculties cannot necessarily be interpreted as a. sign that capital and labour in Germany fare at last revolting against the increasing burdens imposed on them,
Text read from the printed page and cleaned; old type leaves the occasional error.