The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-05-18

] preston ABOUT the QnfaVOfaDle trade
balance Of ethe Centrosoyuz, we must
point out that the Centrosoyuz ex-
ported, through the Exportkhleb,
grain to the value of e2,306,77
From this it follows: that the export
of the Centrosoyuz amounted to
s4,687,621 (e2,380,843 plus $780,
778) and the imports amounted to
3,139,323, AS the figures show, the
Centrosoyuz has a favorable balance
/ in which the exports exceed the inn
ports by e1,54S,298.
We shall now briefly give an out
line Of the strength of the Centrosyuz
on the markets Of the various coun-
tries.
The London branch of the Cen
trosoyuz undoubtel lily occupies first
place-29 per cent of all foreign trade
goes through that office. During the
last year the London offices sold ex-
ported goods to the value of 9104,-
900 (43.7 per cent of the entire ex-
port) and bought to the value of
3554,743 of import goods (17.6 per
cent Of the entire imports).
The Berlin office occupies second
place. It sold exported goods to the
value of 9205,317 GO per cent? and
bought imported goods to the value
of 1867 PAT (31 per cent of the entire
imports). On the whole 81 per cent
of the foreign trade of the Centric
soyuz passed through the Berlin Of
flee. Summing up the figures Of both
offices, it may be stated that so per
cent of the entire foreign turnover
Of the Centrosoyuz passed through
the London and Berlin offices.
The Shanghai office of the Centric
soyuz was organized for the sole
purpose of purchasing tea, as has
been stated above; 95 per cent of the
tea purchased last year was bought
in Shanghai (Hankow). Besides tea
Ito the value Of f627022), fats were
purchased in Shanghai to the value
of e12,919 to meet the requirement
Of the Centrosoyuz on the Shanghai |
Of the Centrosoyuz On the Shanghai !
market equals III per cent of its
foreign trade.
The Riga, Reval and Hardin offices
have been organized chiefly as tran
sit stations-Reval and Riga shipped |
the exported goods Of the Centric
soyuz to Western Europe (a-i the
imported goods from Western Europe
to the U.S.S.R); Hardin ships the
Siberian and Far Eastern furs to
America, where our furs are being |
sold on the New York Marke-. The
Hardin office. apart from shipping |
furs and buying live stock as meat
for the Far East, of which we spoke /
before, is also supplying the Mon
golian co-operatives with commodities
from the Chinese market.
The strength of all these offices in
the general trade turnover is insig-
nificant their strength lies pri-
marily in their transit and storing
operations); it amounts to: in Riga,
81 per cent, Reval OIL per cent and /
Hardin 1.S per cent of the entire
foreign trade.
The New York Office occupies third
place in the foreign trade Of the /
Centrosoyuz. Exported goods sold /
through the New York office amour /
ted to e687,867 (furs and flax pri-
marily), and purchased import goods /
to the value of e90,357.
The entire turnover Of the New
York office comprises 14.1 per rent
of the general foreign turnover of
the Centrosoyuz.
The Paris office sold export goods
to the value of e226,65S and purchased
import goods to the value of G261,-
952 textiles, haberdashery), it's
strength being SO per cent of the en-
tire foreign trade.
Finally, there is the office in
Persia. It purchases rice and dried
fruits on the Persian market. On the
whole the purchases on the Persian
market amounted to 9504,122; the
sales Of export goods consisted of
sugar and textiles (955,789). The
turnover of the Persian office
amounted to 1912 per cent of the
general turnover of the Centrosoyuz
on the foreign markets.
In this survey of the export and
import activities of the Centrosoyuz,
the business relations of the latter
with the foreign co-operatives have
not been pointed out. In the next
issue of this Bulletin, survey will
be given of the relations of the
Centrosoyuz with the co-operatives
abroad.