Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-09-23
NEEDS OF NATIONS
ABROAD INDICATED
By U. S. EXPORTS

N--, r=f 10 IS. EuTOD6 ara
probably the most definite Indication
OF needs, In the opinion Of
=: G. Montgomery.4C Chief OF the Food
stufrs division Of the United states
bureau OF rore1gn and domestic COM
merce: He points out that there have
teen neavy exports Of food and cot
Ton curing III last three months
Rsr.oo @ . Year when exports to
Europ are usua lily the iiehtest-and
says that this As a fact worthy OF con-
,s~tderation. ~ oon
win the European countries slow
! recovering in industrial Activities
II is-,to be expected that their most
pressing needs would DO food proI.
ucSg ana raw materials, he says.
termintnE the normal export for q
particular month" Mr.. Montgomery
continues in the current issue of the
commerce reports. but in order to
nave some standard OF comparison
tne AVERAGE exports for each month
tor e nve-year pre-war period, 1910
ts14. nave been calculated and are
frequently referred to.
declining exports from January to
NAY: took arsharp upturn in June.
yhich continued for July, The ex-
ports Tor July were twice the normal
pre-War exports for that month. Lard
and cured pork products constituted
about four-ffths Of the total. Lard,
WnfcR declined from February to
a took Q sharp upturn in June,
which was continued in July, the ex-
ports for the three months being FL
e00, 900. 5000 900 and $4,000. 900
pounds. respectively. Cured pork.
which remained at around so, 900 900
pounds Der month from February to
June. rose to $1,000, 900 pounds in
July.
Wheat (and wheat products cal
cuiated as wheat) exports continued
In large volume for the month Of July
amounting to q total Of 10000, 900
bushels or about four and a half
lime the pre-war average exports for
July. Ordinarily the movement OF.
the y. wheat drops to about
atga low level through July. taking 4
sharp upturn in August. reaching
maximum In October and gradually
declining again IN FEBRUARY. For the
a beginning ana downward
trend to May was about normal. but Z
large increase In exports began in
April. four months earlier than usual,
when 8 100000 bushels were export.
ed. almost I'VE times pre-war exports
for this month. The high exports
have continued through July.
before the war Russia furnished
nearly one-half OF the wheat imports
OF western Europe. The great loss 81
wheat from this source has been
largely made UP by increased produc-
ton in the western hemisphere and
Australia. The unprecedented takinEs
OF wheat during the last TIRES months
Indicate that Europe 10 purchasing It's
supply earlier than usual, Wheat 1s
In a very strong statistical position.
The European takinEH Of other grains,
principally r have been unusually
large since last November, and for the
last two months have been about nine
times the takings for the name months
in pre-war years. It may also be OF
interest to note that shipments Of
cotton, after being below normal from
August. 1920. to April. 1921, have
been considerably above normal for
the last three months.
The export vaiue OF agricultural
products = shown an unusual up
turn since May, Norraaliy agrtcul-
tural exports decline IN yalue from
January to July ana increase rapidly;
the wheat and cott0n@crops are mov
Ing, The upturn In value. however,
began last Ma y$four months earlier
than usual.
This recent unusual demand by.
Europe for foodxproducte and cotton
may be taken an a probab1e indica-
ton Of export demands for the near
future, Europe must buy carefully,
but food and raw materials are press,
Ing necessities In industrfaI recovery.
There Will probably be continued de-
mand Tor these products In the COM
Ing months"