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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