Evening star., 1940-10-18
Canadian Purchases
In i. ). al atKie,lesi
Point on Record
Shipments to Dominion
In August Reported
Above SGT SOC, 900
Special Dispatch to The Star.

NEW YORK. Oct. l8.-Canadian
purchases of American goods dur
ing August were the heaviest on
record, or at least since the World
War days, S. L. Miller points out
in the current Annalist. Imports
from the United States exceeded
SGT 500 900, a gain of $4,000, 900 over
the July total and s7,000,000 more
than the highest month the war
has yet produced.
Canada's dependence upon the
United States as a source of supply
has continued to grow with the de-
velopment of the European war.
In the first eight months of 1910
total imports from the United States
of America amounted 10 s463 04l 600,
or 679 per cent of all imports. In
the same period of 1899 American
goods imported were only 633 per
cent of all imported products, Dur
ing August, 1910, this proportion
rose still further to 698 per cent.
Sharp Rise Reported.
Canadian purchases have largely
been concentrated in the United
States and in British Empire coun-
tries. All imports into the Dominion
aggregated S682 ,433 900 in the first
eight months of 1910, an advance
of almost s24l 100000 over the SAL
767,000 of imports in the CORE
spending months of 1889 Ia pre-
Thic
largely from the United States,
sl83, 900 900; from the United King
dom. S28,OO0000, and from other
British Empire countries NOTABLY
India, Straits Settlements and Aus
tralia), s23,0O0,oo0.
The increase in exports from all
other countries was small, amount
ing to only s7,O0OO0O. Certain
South American countries and Far
Eastern nations shared this residue.
In some cases the increases were
spectacular. Imports from San Do
mingo Dominican Republic rose
from $4,000 in the first eight
months last year to s2,123,00O in
the corresponding period of this
year. Import trade with Brazil in
creased from S644,0 to S3.O67 900
and with Venezuela from 1868 900 to
So 229 900; business with Argentina
doubled.
Steel Volume Scars.
One might have guessed that the
chief products brought into Canada
were industrial raw materials and
manufactured products associated
with war industries. Those COM
modities and finished goods to show
greater gains over last year in
cluded raw rubber, cotton and wool,
iron ore, coal, the inorganic chemi-
Gals, semi-fnished and finished
steel products, machinery. trans
portation equipment and electrical
apparatus.
The increase in the importation
OF iron and its products accounted
for almost half the gain in total
imports during the month of Au-
gust. 1t appears that the Ameri-
can steel industry is the one trade
that has received the greatest stimu-
lus from the Canadian war effort.
Almost S28 900 900 of the almost
s31 100000 of iron and steel i'm
ports in August came from the
United States.
When related to exports the i'm
port figures indicate a considerable
worsening of the trade balance with
the United States. For while pur-
chases from America were $10,0OO,-
600 higher in August than in July,
sales to this country were only
s1,000,0 900 higher. The import bal
ance of merchandise trade with the
United States consequently rose to
almost $25,OO0,o00, as compared with
$4,000 900 in the preceding month.
The import balance for the first
eight months of 1910 Appropriated
$160 100000, or $40 100000 a month.
Exports of monetary gold filled
the gap to the tune of $134 900 900.
Since the Dominion had a favor
able merchandise balance with the
rest of the world, it may be pre-
sumed that all gold exports went to
the United States.