New-York tribune., 1922-07-23
Overseas Trade

Exports of electrical equipment for
hydro electric plants show an enorm-
GUS increase for the last six months.
The electrfcation of railroads in
Chile and Japan called for large lots
of equipment The Westinghouse and
kept busy on this work. France has
been heavy purchaser Of equipment
from Westinghouse. Ono lot OF
thirty-two cars went forward recently.
Agricultural implements and ma"
chinsry are going forward in large
lots to Latin America. Exports to
Europe have fallen off considerably
this year. Europe has always been
the largest buyer Of this class of
machinery, but harvests in Spain,
Itals and France show crop short
age. Russia will have surplus yield
but purchased machinery mainly from
Germany and Sweden.
The Irish Free State is potential
government reports show that this
country, about the size Of the State Of
Indiana, $4,000 square miles, has
foreign trade Of $500, 100000 year,
with exports and imports about the
same. England takes 90 per cent of
her exports and supplies 81 per cent
Of her imports. Imports from the
United States have averaged only about
$45,000,00O for the last three years,
whereas the total imports exceeded
$500 100000 a year. 1t is q remarkable
fact that Ireland shipped eggs to Eng
land last year alone valued at more
wear valued at $31 100000, Of which
the United States supplied only $780,
Oo0. Ireland's exports to the United
States are chiefly linens, to the value
Of $21 10000 a year, and our principal
exports to Ireland are automobiles
and gasoline, as we'll as leaf tobacco
and foodstuffs. We have an excellent
opportunity now to develop trade di-
rect, as steamers leave here regularly
for Belfast, Dublin, Cork and the West
Coast. Glassware, furniture, mems and
women's wear and manufactures in
general can be sold readily. Credit
conditions are good. Deposits in banks
throughout Ireland aggregate $780,
600 900, or, as the last reports show,
nearly 20O,000,000. 1t is more than
likely that a trade commissioner will
be named shortly by the Department Of
Commerce, to be stationed at Dublin.
Statistics show that more than 49,
100000 motor cars and trucks are ct
present in use throughout the world.
More than 100000 are owned in the
United States.
The international exposition at Mex
leo City is scheduled to open Septem-
Der 1s. The centennial exposition at
Rio will not open before October 1. ow-
ing to delay in the construction of ex
hibition buildings. The United States
exhibits building is now under way.
1t is expected that the British pavilion
will be the show place of all foreign
exhibits, as no expense is being spared
to make it attractive: The United
States government building will be
used as headquarters for all our Off
cials after the exposition closes.
The Standard International Corpora
tion is making extensive plans for the
exploitation of Mexico, particularly in
railroad equipment, construction works
and sanitary supplies. General Goe-
thals is chairman of the board of
directors.
Large shipments of Australian wool,
stored at Boston for many months, are
being shipped to England. The new
clip from Australia is now in transit
from the Antipodes. Meanwhile there
is quite demand for Australian woods
in the London market.
Oil we'll supplies and other equip
ment have been shipped into Mexico re-
Gently, one lot for government account
being valued at 100000.
The largest potash plant in the world
is rapidly nearing completion near New
Brunswick, N. j. 1t is believed that
American manufacturers now have
the facilities and product to meet Ger
man competition.
The Ford plant in Cork, Ireland, re-
Gently installed machine tools from the
Ferracute Machine Company, of Bridge