The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1918-08-06

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Foreign trade In the fiscal year
1s17-1s was only eisht-tenths Of
per cent below the record Of 1915.
IL, due to . 81 per cent decrease
in exports which reflected embar-
goes on exports. close conservation
Of shipping facilities. exclusion from
the custom house returns Of ex-
ports to our armies abroad and o
variety Of other real or apparen.
acuses. Submarine sinkings Of mer.
chant ships dwindled throughout
the year. and the June. 1918. record
was the most favorable in this re-
spect in twenty-five months. I'm.
ports ade q new high record and
gained IL per cent over 1s1s-17.
due probably. as much to higher
prices for commodities a. to any
other cause. The record month in
exports. January. 1917. was closely
approached in December Of that
year. while imports were greatest in
May this year. Silver exports made
a new high record. American mer.
chandise exports for forty-seven
months Of the war were nearly
10000. 900. 200 in excess Of i'm
ports, over double the latter. in fact
while gold imports were two and q
half time the exports Of that prec.
.ious metal.
WOOL
| TIE government plan for handling
the. foreign wool situation has been
announced. and . committee Of five
leading houses has been appointed
to act for Abe Quartermastsr' Corps
Until further notice all buying In
Uruguay and Argentina will bs con-
Quoted through that committee. The
official announcement says that this
action has been taken owing to the
uncertainty Of tbs shipping situation
and in order to conserve the use Of
shipping" II Is also announced that
the Quarteraster General will dis.
continue exercising the import II
cense option on all woods imported
from Uruguay. Argentina and soutl
Africa. except on such woods a. maj
have been bought, prior to July "a
1918. and q record of which Is or
file with the Wool Administrator
Boston importers have been makins
strenuous efforts to get the WOO
shipped from the River Plate bar
kets before July %, that had prev
iously been bought there for AmerI
can account. This wool had BEEF
held up. owing to lack Sof shipplni
principally. though prohibitiv
freights and Insurance and the pr
GRITTY given by the shipping board I
, the grades of wool particularly wan
ed for government purposes have al
10 been factors. Wool dealers an
!, importers have now been definitel
pushed out of tho business Of hand
ling foreign woods. II IL suppose
!. that some plan II being worked Il
governmental control. possibl
Through cooperation with Great Bri
jain. In order 70 secure needed sui
I lplies for army purposes. Work ,
!. handling the domestic wool clip
lsoins on steadily. with heavy arI
.Ivals from the west and . FREE d
! ltribution Of medium woods. thoul
I. fine and fine medium grades are .
=. eumulatins. Machinery has nc
Q been perfected for &As handling
black and gray woods. damaked 10
3. bury and seeded woods. and cot
e and purchasing agents have been {
!. ipointsd.
!. l0DD FONTS
III San Francisco notes that mini
/. Of low grade gold 10 almost At
Z, standstili. owing to high cost Of p
= duction and low purchasing power
the product. Other mining ops
:, lions are setivs. Owners Of salot
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