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COIFIOUTIAL 1<br />

U.S. Imports: Back to Prewar Level<br />

Offshore tonn09e is expected to reach threeyear<br />

high. Shipping avo liable now to meet<br />

quotas of most essential commodit ies.<br />

Geagrophiool pollem d world markets shifts.<br />

AS AN IMPORTI!R, the U.S. is getting<br />

back to its Prewar stride. This year.<br />

ocean- borne imports ere expected to<br />

reach 36.000,000 l ong tons-169> over<br />

1943 end 91 over 1939.<br />

In 1941, the u.s. lola8 stockpiling<br />

strategic materials --rubbe~ maniMese,<br />

bauxite, copper, etc. -end sea-borne<br />

imports soared to an al1-till\(l high of<br />

nearly 46, 000,000 long tone. Then ln<br />

1942 merchant ship losses were heavy,<br />

Fer ggstern markets were shut off, and<br />

imports fell almost S~to the lowest<br />

level in a decade. But in 1943, >ohen<br />

new ship construction was running well<br />

ahead or sharply reduced sinkings, im­<br />

POrts began to rise again:<br />

Offshore Imports<br />

(millions of long t ons I<br />

1939oo 00 00 00 33.1<br />

1940. 00 00 00 0 36. 1<br />

194loo 00 00 00 0 4:>.7<br />

1942oo 00 00.. 24.2<br />

1943oo . . 00 00 31.0<br />

1944 •• 0 0 0 0 0 0 36 .0<br />

On a dolla r-value baele, t he gain is<br />

even greeter. So far this yea r, t he<br />

value of impor ts has been running at A<br />

rate more than :;OJ, higher than i n 1939.<br />

But this is explained by hl gher commodity<br />

prices and by t he ehlft from<br />

bulky low-value goode to small hi gh-<br />

COMEBACK IN IMPORTS<br />

After o 10-yeor low in 1942, offshore tonnage imports ore expected to be 9%<br />

higher this year thon in 1939, olthou

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