OVERSEA SLUMP
AUSTRALIA’S BIG CUT. United Press Association.— Pj Electric > Telegraph.—Copyright.] WASHINGTON, December 7. The United States Department or Commerce has announced that the value of the United State-s foreign trade for the first ten months of 1930 declined by over two billion dollars on both imports and exports, below a like period for 1929, when the total figure was 8123 millon 271 thousand dollars, compared with 5,928 million 810 thousand dollars for 1930, The United States exports to Australia for the first ten months of 1929 totnlled 168 million 84 thousand dollars. For the same part of 1930 they were only 96,124,000 dollars. The imports to United States from Australia for the same period of 1929 totalled 51,000,000 dollars, while in 1930 they were but 29,000,000 dollars. It is announced that the Soviet alone showed increased purchases of American goods. The imports and exports trade with Britain and Canada both decreased -sharply this year.
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Hokitika Guardian, 9 December 1930, Page 2
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155OVERSEA SLUMP Hokitika Guardian, 9 December 1930, Page 2
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