New Britain herald., 1925-01-03
RUSSIAN TRADE
 WITH ]. $. JUMPS
Dealings With Soviet Exceed
 Those With CzariSt Russia
'y The Associated Press.

By The Associated Press.
 New York, Jan. 3. - The United States did 50 per cent more business with soviet Russia in 1924 without official recognition than with czarish Russia before the war. according to claims made by soviet representa- tiyes here today.
 The soviet's three principal trad ing companies here footed up their ledgers for the 12 months ending December 3l last to report a trade turnover through their hands be- tween the two countries of $63,4l6,- 147. They then added 10 per cent to cover transactions presumably concluded in Moscow. Berlin, Lon- don and other European centers, making an estimated total of s69,- 757,761. This exceeded by $2S,257,- 761 the pre-war turnover in Rus sian American trade of about $46,- 500,00
 The present turnover of s69,75f,- .7G1 represented actual exports from the United States to Russia of $6e,- G92,549 and imports of s10,723,589, leaving an apparent trade balance in favor of this country of about S41,- 9GS,951, according to the books.
 The three concerns individually showed:
 All-Russian Textile Syndicate, Inc, exports, $42.70O,O0o. Antorg Trad ing Corp, exports, $s,412,573; inn ports, $6,9S4,99S. Centrosoyuz America, Inc, exports sS2,692,549; imports. $10,723,59S.
 Something to wear apparently pro- vided the principal commercial bond between the United States and the soviet union during 1924. Statistics of the trading companies show that our heaviest 12-months shipment to Russia was cotton; our greatest i'm port, furs. Otherwise, the trade pie ture as seen from this end was largely one of exports: agricultural and other machinery forming the bulk of the outgo.
 Cotton bought here for export
  during the year, according to the figures of Russian Textile Syndi- cate, Inc, its chief handler, was 2G5,645 bales, two round bales being figured as one square bale, valued at s42,700,000. A fleet of 26 vessels was specially chartered to transport these cargoes overseas to Murmansk. Remittances of money 10 finance these transactions were reported re- ceived here from Moscow via Eng land. Bankers and brokers in Lon- don were said to collect a continu- ous "service" fee for acting as go- between, for the two countries.
 Furs gathered by Russian trap pers and coming here in part ex- change were estimated at more than $S,000,00Q. The Antorg Trading corporation handled $6,6O0,6s2 of this, and Centrosoyuz America, Inc, representing tho Russian "coopera- tives," reported furs the principal item in its list of imports here.
 The soviet union will likely con- tinue to be in the Amercan cotton market longer than it's economists and agriculturists had expected. They had drawn up a five-year growing plan by which Russia's over cotton crop was to have caught up with the demand for staple by it's textile industry some time in 1926. The cotton mills however, it is now reported officially. have expanded too rapidly for these calculations.
 Cotton mills in Russia, after slumping to 5 or per cent of pre- war production in 1920. are now op- erating on a 55 per cent basis, says Fritz F. Kilevitz, president of All- Russian Textile Syndicate, He says cotton gins increased there from 43 in the last year to 67 at the open ing of 1925. The quantity of fin- ished goods had been doubled in the past two years, and Mr. Kilevitz es- timated the 1924-25 output at 1,- S00,000 metres.