The sun., 1918-07-16
NEUTRAL EXPORTS
FALL OFF GREATLY
American Business Conducted
With Europeans Since June.
1917, Smallest in Years.
DROPS TO $4,000 .OOO
Reductions in Sales Chiefly in
Materials Wanted by Central
Powers, Says City Bank.

Americas entry into the war or,,.s,v
affected the trade relations between ~,
country and the European reutrals, a..
cord!ng TO a compilation OF trade ra,,,
made public by the National CITY RAJ.
yesterday. Trade OF the United STAT,
with Denmark. Norway. Sweden. Meth.
erlands. Spain and Switzerland In ~.
fiscal year Of 1918 was the smal,.,
in many years while that OF 1917 wa,
the largest in the history OF Amer,,a,
commerce.
The six most important neutral COIN.
tries of Europe bought only about sl.;.
900. 900 OF American goods in the 1914
fscal year. compared with virtually
s4oo.ooo.Ooo worth the preceding ven
and s3oo.oOo.Ooo worth in 1916. I,
1915 the value OF goods exports to thos.
countries totalled s3so.ooO. 900, and ~
1914 $1S3,00o.0oo.
"These reductions In our exports IA
the neutral countries Of Europe" say,
the banks statement. occur chiefly /,
the class OF materials likely 10 h.
wanted by the Central Powers, and th,,
Of course would he foodstuffs and ma.
teriai available for the battlefield. o-
the production OF such material q,
wheat. for example. tho exports to IN.
neutrals for the ten months OF the nsc,i
year 1915 were over $4,000. 1000 bu.h.l.
in tho same months of 1917 22.oOO0Oo
and in the corresponding months Of 1919
only 100000 bushels. Corn 10 Der.
mark and Netherlands alone was In IN.
1917 period over 100000 bushels. and
in the 1918 period less than loo 0Oa
Dried apricots ito Denmark. Neither
lands and Sweden in the ten months n
the fiscal year 1915 were o.joo.ons
pounds, and in the CORRESPONDING
months Of 1918 only 1000 pounds.
Prunes in the 1916 period were over
100000 pounds. and in tire 1918 "a.
Rod only 100000 pounds. Sole leather
to the entire neutral group In tie ten
months OF the fiscal year 1916 was over
81 0 100000 in value. and in the lalS
period less than 81 100000. or picked
beef the total to the neutral group was
in 1916 over 100000 pounds. and in
tho 1913 period nothing
'Cottonseed and lirseed meal have al.
ways been important articles OF our cv.
ports to the northern group OF neutra',
including the Netherlands and the scar.
dlnavian states. where they are qlgcN
used for cattle food. The cotto-sast
meal and cake exported to the Ne'he-.
lands and the Scandinavian states in rs
ten months OF the fiscal year 1916 was
S31, 100000 pounds. in the correspondents
months OF 1917 77s.0oo.ooo pounds ari
in the same months of the fiscal wear
1918 only 100000 pounds Linseed Of
cake and meal also showed a simila-
falling off. from 4s3.0o0O00 pounds IN
1915 to 100000 pounds in 1918
"All OF the oils going to the neu'-a,
countries are of course much reduced
since our entrance into the war. Hunt
mating oil dropped from Zoe 600 ma
gallons In 1916 and 5000. 900 - INi-
to less than 5000. 900 in 1918. luhrs,a.-
ing oil from $4,000 900 gallons to noo.
600 gallons. naphthas from s,oooNh'
gallons to less than 1000, 900, cottors,ei
oil from 10000. 600 pounds to less Thar
100000 pounds and resin from IA non
barrels in the 1915 period 10 moth - N
1918.
ION the import side there is 'sss
change. The total imports into ,ha
United States from the six neutras us~.
$40 100000 IN the fiscal year 19,I
1922 900 900 in 1917 and will aggregate
for the full fiscal year 1918 about SIS.
100000"