Evening star., 1932-04-04
TOXIC SECOND BEST
CUSTOMER OF j. S.
Purchases Continue to In
crease as EngIand's Buy
ing Falls OFF.

Japan continues to be the second
best buyer of this country's goods ac-
cording to figures released today by the
Commerce Department.
While Great Britain led the Japa-
neSe in total purchases for the month
of February, according to the depart
ment's tables of total values OF exports
and imports. the Far Eastern country S
purchases amounted to $40, 742.l6 or
an increase of Sc, ,481 .296 over the same
period last year, and the British pur-
chases fell off from S38,6l0982 for
February. 1881. to $33,306227 for the
same month last year.
Meanwhile, the japanese government
is shipping $2,3l0,000 in gold to the
United States today. according to a
H. A. Butts at Toxic, to boost its credit
here.
Bonds to Be Issued.
According to the report the govern
ment expects 70 issue bonds to the eX-
tent of S155, loo, 900 in the next fiscal
year. Butts reported this figure does
not include bonds authorized at the
last session of the Diet to meet the ex-
penses of the military operations in
China.
1t was reported that the Bank of
Chosen, the South Manchurian Rail-
way and the Oriental Development Co.
will loan the new Manchurian govern
ment 100000.
For the first two months of this year
this country has exported to Japan
goods having total value of $37 687,
900. an increase of over $l0,000,0O0 in
comparison with the first two months
~ IN Great RrifQ in
for the same period showed a decline
of approximately $4,000 900 in COM
parison with the first two months
of 1881.
Imports from Japan during February
showed a decrease Of approximately
So. 600 900. while Great Britain's exports
to this country decreased 81 900 900 in
comparison with the same month last
year.
"War" Brings Slump.
Military activity in Shanghai and in
other sections of China during February
is believed to have been partly re-
sponsible for a slump of approximately
$4,000, 900 in this country's exports to
that republic. In February, 1881. this
country exported to China a total of
s5.839, 900 in goods, while for the same
period of this year the value OF ex-
ports decreased to $2,33l ,981.
The Soviet Unions credit situation,
together with it's tremendous buying
campaign in this country last year were
believed responsible for the decrease of
approximately s19.O0o,000 in this coun-
try's export trade with Russia during
February.
Exports from this country to France
and Germany during February showed
decreases of $5.000.000 each.
The total exports from this country
during February amounted to Sl53,924.-
528, a decrease of S70,420,944 in COM
parison with the same month last year
Total imports for the month amounted
to $l30,977,l14, a decrease Of $43,969,-
23l for the same period of 1881.
Sixteen Countries Buy More.
Comparing the February export fig
ureS with those of January, it was re-
vealed that Is countries showed sub
stantial increase in purchases of goods
from the United States.
Due mostly to the rush of goods to
England to beat the new tariff barrier
effective March !. this country's exports
TO Great Britain increased $4,000, 900
during February. Heavy shipments of
cotton to japan were said to have been
responsible for an increase of S4, 600. 600
In purchases by that country during the
same period
Purchases by Chinese merchants In
the Philippines Of American goods, due
mostly to their boycott activities against
Japan, were believed responsible for an
increase Of more than 81 ,00O, 900 in this
country's trade to the islands.
Canadas trade also showed an in
crease OF approximately s2,0O0,00
Other countries showing an increase
in trade with this country during Feb
ruary were Belgium, Czechoslovakia
Greece, Russia, Switzerland. Argentina
Brazil, Chile, Peru, Australia, British
India and British Malaya.