Trade Gap Reverses? U.S. Exports Fall Behind Imports
A De Commerce compilation shows June exports down for first time since 1926 while imports exceed exports by large margins in early 1927. Economists question if the U.S. is slipping from its trade lead as European currency stabilization and foreign demand reshape patterns. May and June 1927 import totals surpass the same months in 1926 by substantial amounts, signaling shifting global commerce.
Trade balance shifts as imports regain ground in 1927
The article notes June 1927 imports matching or surpassing exports, with April to January losses totaling 22.0 million to 67.0 million and a net trade balance turning favorable by month. It highlights that six months of 1927 show imports exceeding exports by 40 million per month on average, and the 12 months ending June favor exports by about 720 million, signaling a potential unfavorable balance by year end if trends persist.
Musical Booze Hidden In Piano In Athens
In Athens Alabama Cecil Malone’s home a piano hid two gallons of aged corn whiskey found by officers R L Thomas and P Flynt. Mayor Sarver ordered Malone to pay fifty dollars to the city. Revival services led by Pastor M A Creel with Dr H Lee Boles drawing large crowds at Rogers Lot near the square. The county jail tightens as more prisoners and capital cases strain capacity ahead of September circuit court.
MENTIONED IN THIS ARTICLE
D. L. Rosenau, Jr
Athens
Ala
R. L. Thomas
P. Flynt
Christian Church
M. A. Creel
Old Rogers Lot
Public Square
Dr. H. Lee
Boles
Memphis
J. KE. Clem, Jr
Recognition of Mooresville SAR Chapter Acknowledged
Letters to the Moorenville chapter president praise the Mooresville unit of the Sons of the American Revolution for its growth and impact. A second letter proposes appointing a Mooresville member as Alabama state secretary-treasurer, highlighting the chapter’s valued work.
MENTIONED IN THIS ARTICLE
Mooresville
Sons of the American Revolution
Moorenville
National Committee On Publicity
Alabama
Ernest FE. Rogers
The
State Society
Potee Auvergnate Replaces Stew on Washday in France
In Paris French cooks abandon traditional Irish stew for potee Auvergnate on washday. The method uses a stew-pot filled with boiling water, 1.5 pounds salt pork, 0.5 pound sausage meat, four large carrots, and four large potatoes.
MENTIONED IN THIS ARTICLE
Paris
France
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