Business & Finance: Foreign Trade

James A. Farrell, U. S. Steel President, has for 30 years been preeminent in sending American business across the water. Last week he invited nearly every financial and industrial group in the U.S. to associate itself with the 11th National Foreign Trade Convention. It will be held in Boston, June 4-6.

Said Mr. Farrell:

"The foreign trade of the United States for 1923 averaged more than $26,500,000 for each working day of the year. Exports alone averaged $13,880,000 per working day. Imports were over $12,600,000 a day.

"Almost two-thirds of these exports were the manufactured...

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