Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-02-03
VAST INCREASE
IN IMPORTS Of
LUXURIES FROM
THE EUROPEANS
National City Bank of New
York Issues Statement On
Trade Conditions During
Close of Last Year,
LITTLE COMING IN
FROM CENTRAL. POWERS
For 1919 Germany SoIdS8,-
100000 Worth; Austria
S2,000,000 and Turkey
$4,000, 900,
Especial Correspondence to The journal, /,

w IOOOIOOO anu VI MY
$4,000 0l000'
Especial Correspondence TO The JournaI,l
New York, Feb. 2.-One Of the
surprises of the after-the-war
trade of the United States is the
large increases in quantities OF
merchandise being sent us from
Europe. II has been asserted that
Europe would have little which she
could send to the United States in
exchange for merchandise, but Of
ficial figures of imports from that
continent in the calendar year will
show a total considerably more
than double that &C t9tS. While
the details of December are not yet
available, the official figures for
eleven months ending with Novem-
ber put the imports from Europe
at $653,379. 1000, against $292,454,
coo in the same months of 1913,
and partial reports for December
indicate that the total from Europe
in the full year 1919 will approxi-
mate 750,000,000, against $31S,-
100000 in 1918, and form a total
larger than that of any year since
1914. The 1919 figures will appar-
emily show an increase of about 1875
per cent over those of 1918, the
closing year % the war
Nol from Central Powers.
The big increase in Europes
shipments to the United States Is
not due in any great degree, says
ii statement of the National City
bank of New York. TO the resump-
ton of trade by the central powers.
The figures for the eleven months
ending with November show that
the total of 1919 imports from Ger
many were but ahcu. $4,000, 900;
Austria Hungary, $2,000,000 and
turkey, $4,000, 1000, Nor is the in
crease from the neutrals as great
as had been expected. the increase
from the Scandinavian states be-
ing but about $I3,000,000; and
from Switzerland, ss,000,0o0:
though Spain does show a compar-
ative'y large increase, $2S 100000,
and Netherlands q gain of $50 ,000,-
600.
The bulk OF the increase of $780,
600, 900 in our Imports from Eu-
rope in the eleven months ending
with November comes from the
three most active participants in
the war on the allied side, Great
Pritain France and Italy. The mer-
chandiSe from Great Britain inn
ported in the eleven months end
inc with November starts at $751;
600 900 against $i40,000,00 In tho
same months of last year; from
rranco, St07. 100000 against s56.-
0n0. 900 in the corresponding
months of 1918, and from Italy,
$4,000, 600 against $23,o0O,o00,
Thus these three most active OF the
allies in the war show an advance
from s219.000,OO0 in the eleven
months of 1918 to $426,000,000 in
the same months of 1919, an In
crease of nearly 100 per cent.
Largely Luxuries.
The big increase in merchandise
which we are drawing from Eu-
rome OCCURS largely in luxurie7.
Cotton laces and embroideries I'M
norted, chiefly OF European manu-
facture. showed in November 1919,
e.. $4,000 against S659,000 in No
vomber, 1918, and will total about
600 in the full year; dia-
monds and other precious stones,
practically all Of which are brought
from Europe, chiefly from the
Nother'ands showed in November.
1919. sS,433,000 against $1,459,0OO
in November OF the preceding year
and for the full calendar year 1919
will exceed 800, 100000, against
in 1918; art works luV
wears old and over, amounted IN
the eleven months ending with No.
vember. 1919, to over $12,V00'ouV
aas against a little over $4,00V,Upu
in the same period of 1919; ollVe
oil. OF which the imports In 1918
amounted to only $450,000 was In
tbe eleven months of 1919 s16,49S.-
900, though 1t is proper to add that
very large proportion OF tnts
came from Spain, the quantity from
italy. however, advancing tro".
$50 900 in the eleven months OF
t9tS to S59T. 600 IN tho correspond
ing period of 1919; furs. drawn
chiefly from the United Kingdom,
to s12 100000 in the
tie tic over $s,0O0,oo0 In the
eleven months of 1919 against a
same months of 1918: currants.
chiefly from Greece, show a total
of 1000, 900 pounds in the eleven
months OF 19t9,and 5,000.0p0
mounds in the same months of the
preceding year: of artificial silk.
chiefly European product, the inn
ports of the eleven months of 1919
are $3,424.000. as against s2o5,000
in the corresponding months Of
1919; pearls from France in the
eleven months of 1919 are $4,594.
300 against s1t1,0o0 in the same
of the preceding year, and
from Great Britain s5,076,0o0 /
against $377.000 in the same
of 1913. In few articles
required for manufacturing there
are also increases from Europe.
raw silk from Italy s15,S10,00o
against s53,622 in the same months
Of last year, and India rubber.
which England is again beginning
to draw from her colonies. s23, 3,130.-
600 in the eleven months of 1919
against s3.724.000 in the same