The Archive · 1937

AMERICAN TRADE

WITH FAR EAST

Exports To China And Japan Show Sharp Drop Washington, Nov. 4.

The Secretary of Commerce, Mr. Daniel Roper, to-day pointed oni that American trade with Japan and China had dropped off sharply during September, Exports to China during that month, he said, amounted to $1,559,000 as compared with $6,081,000 during August while imports from China during September were valued at $5,711,000 as compared with $1961000 the preceding month.

Trade with Japan showed a corresponding drop, the Secretary pointed out. Exports to Japan during September were valued at $16,842,000 as compared with $24,644,000 the preceding' month. Imports from Japan in September amounted to $15,988,000, dropping from $16,297,000 in August. A The decline in exports to China was attributed to the absence of Chinese importation of aeroplanes, railway ties, refined copper, and barbed wire, all of which had been leading articles of export to China before the outbreak of Sino-Japanese hostilities. Other items suffering severe reduction in export to China included unfabricated iron and steel plates, black steel sheets,. gasoline. illuminating oil, trucks, gasoline and busses.

Reduced exports to Japan during September included gasoline, fuel oil, wood pulp, crude oil, refined copper. pig iron, unfabricated iron and steel sheets and tin.

Mr. Roper said he believed Japan probably had sufficient tin and scrap iron and therefore found it unnecessary to maintain high imports of these items.—United Press.

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

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