Foreign Trade of the United States Increases

Review and Herald Publishing Association · Tacoma Park Station, Washington, D. C. · Nov 4, 1915

Foreign Trade of the United States Increases

THE phenomenal trade balances which foreign commerce is creating are steadily adding to the wealth and to the financial power of the people of the United States. The Washington Post of October 21 gave the trade balances in favor of the United States as officially reported for the preceding five weeks as:—

Sept. 18, 1915 ............ $35,423,734 Balance for the week ended Sept. 25, 1915 ............ 27,528,703 Balance for the week ended Oct. 2, 1915 ............ 35,469,722 Balance for the week ended Oct. 9, 1915 ............ 35,880,000 Balance for the week ended Oct. 16, 1915 ............ 43,912,598

The editorial comment of the same paper on these figures is noteworthy:—

Based upon these statistics, commercial experts compute the trade balance in favor of the United States for this present fiscal year as approximately $2,000,000,000, or about double that of the record-breaking fiscal year ended June 30, 1915.