Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1895-04-11
FOREIGN TRADE FACTS.

FOREIGN TRADE FACTS.
The Now Tariff Law Producing Good
Results.
The new tariff was expected to In
crease our foreign trade and n is doing
so. 1t has added large sum to the
revenue already and the gain will
probably be sufficient by the last Of
June to prevent the expected deficit,
The new tariff has thus been, and will
continue to be, benefit to the govern
ment as we'll as to consumers--the
public.
The effect on our exports has not
been so marked, but a decided improve
ment is reported also here. Last year
our exports of domestic merchandise
fell off over s47, 0OO, 600 as compared
with the previous years. There will
be no such decrease this year. We may
not reach the figures of 1893, but the
probabilities now are that we shall.
One thing is certain-we shall beat iSst
years record. Our exports from New
York were larger during the week end
ing March 19-the one covered by the
latest weekly reports-than in the cor
responding week of last year, the year
before or any previous year. Merchan-
disc shipments from that port amounted
to 81, 600, 900 more in tho first eleven
weeks of this year than in the CORE
spending period of 1893.
The Globe-Democrat says the couu-
try's exports fell off Sa2, 0Oo, 900 in the
last quarter of 1894 as compared with
our record for the last three months of
1893. That Is true, but the paper should
have added that the loss was really an
evidence of improvement over the pre-
ceding quarters business, the decrease
that quarter having been nearly s40,-
600, 900. The decline of our export trade
last year began with the strikes of the
coal miners and coke workers in the
spring and the trade made little head
way from that time until fall On May
l our exports for the year were $50, oOO,-
900 heavier than they were in the first
four months Of 1898. Then long period
Of labor troubles set in and our foreign
trade suffered in consequence along
with almost every other kind of bust
ness. By the 1st of October the gain
of $50, 900, 900 had been changed to
decrease for the nine months to loss
OF $34, 100000. The average monthly
decrease in these five months from our
export trade in 1893 was more than
S12, 900, 900. For the last quarter it was
only about $1,000, 900. This period
should therefore be credited with
gain over the preceding one.
AS already stated, our foreign ex-
ports are now very large. The aggre-
To- oy. fho Ay.Sf orfo will l,o
if any behind the record made last
spring. The government export bulle-
tin for February shows gain of over
S5,O0O,O 900 in cotton and one of S375, OOO
in provisions, including cattle, hogs and
dairy products. In mineral oils, includ.
ing petroleum, an increase of S515,O0C
is reported. The gain that month in
these three classes of exports was So.
25S,O00 The only other class bulle-
tined consists of breadstuffs wheat,
corn and other cereals and their prod
ucts. The loss here was So, 900,
leaving a net gain of of S3,250,0OO. The
decrease in cereals was confined to
corn and barley and the only other
loss in breadstuffs was in -four. In
wheat, rye, oats and oatmeal together
there was an increase, as also in corn
meal
The latest report given out of our ex-
ports of cotton manufactures may be
found in the Financial Chronicle. 1t
is for the month of January and for
the first seven months of the present
fiscal year. According to this report
we exported as much in this line dur
ing the seven months as in the corre-
spending period of the last fiscal year.
The report for January shows a big re-
duction, but there was a good cause
for 1.-THE Chinese war. In January,
1894, we sent China 9,325, 900 yards Of
cotton cloth-nearly as much as to all
other countries put together. Last
January our sales of cotton cloth to
China amounted to only 2, 100, 900 yards.
Our trade in this line with Mexico, Gen.
trail America, South America and most
other parts of the world except China
increased. and now that the war in the
orient is about over, we shall soon re-
cover our lost trade with the Chinese.
Our prospects for a heavy export trade
were never better than they are right
now.
Our republican friends will have q
hard time in making political capital
out of the new tariff law.-St- Louis