Word: exports
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Dates: during 1930-1939
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...foremost expert on lighter-than-air craft, arrived in the U. S. from Germany last week to try to get some helium for German dirigibles. The U. S. has practically all the helium there is, Germany has practically all the dirigibles. The National Munitions Control Board approved the export last November, but since helium is a natural resource, the Interior Department has final say. Secretary Ickes, not convinced that Germany would use the non-inflammable gas for commercial purposes only, has held up the shipment...
...usual for the U. S. to have a favorable balance of trade-i.e., to export more goods than it imports. In the first quarter of 1937. however, because of the 1936 drought there were unusually large imports of agricultural goods which gave the U. S. an unfavorable trade balance of $113,959,000. Last year there was no drought and therefore U. S. trade figures for the first quarter of 1938, released last week by the Department of Commerce, again recorded a favorable balance. What was more, the balance was a sizable $320,662,000. Reasons for this were...
...appear was any sign of industrial revival sufficient to bounce rubber up again. But the I. R. R. C.'s 1934 agreement on planting bases expires this year. So the I. R. R. C. again met in London last week, this time to establish not only the export quota for the next three months, but a new planting limit. Recognizing the present slump, I. R. R. C. set the quarterly quota at 60%. Optimistic for the long pull, however, I. R. R. C. upped its bases along a graduated line. The 1934 base was 996,500 tons. Last week...
...International Steel Cartel and the Steel Export Association of America have decided on common export price levels for the ensuing fiscal, or cartel, year at lower levels than previously in effect. . . . Moreover, export quotas on some dozen steel commodities have been assigned to various member countries. Thus the U. S. has been assigned definite tonnages which it can sell monthly to Brazil, Argentina, Japan, China and other important steel-consuming countries...
...week's end no steelmaster had yet denied these statements, nor the Journal's added assertion: "The foreign delegation tendered an order for 20,000 tons of steel to two of the leading members of the Steel Export Association of America as a gesture of goodwill before leaving for home...