New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-07-18
ENORMOUS EXPORT TRADE.
RECORDS OF AMERICAS FOREIGN CON-
MERGE SHOW GREAT GAINS.
EXPORTS FOR LAST YEAR DOUBLE THE IMPORTS
A WONDERFUL DEVELOPMENT IN THE
LAST QUARTER OF A CENTURY.

EXPORTS FOR LAST YEAR DOUBLE THE lMPohfS
a WONDERFUL DEVELOPMENT IN THE
LAST QUARTER OF A CENTURY
lBY TELEGRAPH TO THE TRrBuXEl
Washington. July 17.-The record OF this most re-
markable year in the commerce or the united
States. which has Just been completed By the Blu
reau OF Statistics, becomes especially interesting
when compared with that OF preceding years. Not
only does the years record surpass that OF any pre-
vous year in the total explorations and the exports
OF manufactured articles but for the first time in
the history OF the country the exports are twice as
great as tho imports. and the exports of manuia't-
exceed the imports OF manufactures. The value
OF the exports OF the fiscal year 1895 Is than
seven times that OF the expectations OF lsoo four
times much that In 1863 twice as much as
that in 1871 ca per cent than that in 1877,
p per cent in excess OF that OF the great CONNER
cal year Of 1852 and slsOCo0Go0 more than that in
the greatest year OF this country's export trade
1891
The balance II trade In favor OF United States
IA more than double that Of any previous year ana
nearly equal to that of the last five years combined
The net mportations OF gold exceed those Of any
preceding year in the history of the country. the
total gold imports in OF exports. being for
the full year sloissj.279 including COIN bullion and
ore while preceding year reached the $780,
10000 line in imports OF gold. When this is
added the fact that the imports Of merchandise Of
the year less than in any year since 1885, and
with this single exception. less than in any year
since 1879, II becomes apparent that the record Of
the fiscal year 1893 is an altogether unusual one.
FAVORABLE BALANCE OF TPADE
The balance Of trade in this countrys favor in
the yer under consideration Is S;l5259OA against
s2s6 2s3lA in 1891 1864 $50 in S7) s2597l27ls in
1851 s257 s1i23i I'm ls7S &y7i45950 I'm 1894 and 500
1856 in 1892 while other year. except these
mentioned reached the 500. cocoon line In its
! balance Of trade. excess OF exports over i'm
ports" rs it "a termed by the official reports Of the
Bureau of Statistics Indeed. it ia only since 1915
that the balance Of trade has been. rule I'm
favor Of the United States From 1921 TO 1876 there
were but sixteen occasions which the exports of
the year exceeded the imports. Since that time.
! however the balance of trade has De.n almost
constantly In this ccunys favor. only three years.
1853. Us? and 1893 showing an excess Of mporta OF
merchandise over exports The excess OF Imports
was $22j SO. while the excess OF exports over
imports since that time has been <S,lN26s.S0 Thus
the centennial year seems 10 nsye o.fn ,u u,s
point In this countrys coInmeIcal relatlois Tl,h
other parts Of the world. Agricultural produc-
Sa or This o Year 9 the history Of
| American commerce, yet they do not form as large
per cent Of the exportations Of he year 1895 are
products of agrculturt while in 1874 they We so
u per cent in 1851 more than y per cent, ana
in 1850 more than per cent In spte b %, 'n sn f an
usual demand from the home markets during tne
| iaiions Of manufactures they have not only sup
| Piled the home market but increased their exports
over those Of any preceding year so that the tota
| exportations Of MANUFACTURED goods In the year
| lust ended reaches nearly {36.''ocD. while IN no
| year prior 10 the centennial did they reach MS
| much sl00o0o.oo
| THE GAIN IN TEN YEARS.
| A comparison NJ the exports OF 1875 with those
| ~ isSs SHOWS an Increase Of practically 100 per
cent in that period tho total FOR 1855 being $685.
"a 5O7 against sl23l3ll Sos in 1895 This extension
| Of tho export trade has been in all parts OF the
world hut especially with the distant points ana
| with hose countries and continents which nut a
| decade ago bought but ttle Of America.
To Africa which IN lsSS bought products but a
| ufte over 100000 in value. this country has
| during the last year sold products worth VIZ
| 90 60O to Japan. which took but littla over W
10000 In 1855. sales in the year just ended "sI,
81 40 N0O in 1855. sales in lTS were sloc0e"; 70
! Austria Hungary. which took less than $go,Vp IN
| isSs sales in 1895 were over s. oOoMo Begun
| which took loss than $4,000 nm IN lss. took w.
GO ooo in 1895 Denmark increased her purchases
from 50 eco in 1855 $500 600 In lsss ne
Netherlands from slscooooo in 1855 70 abont SS 5,
000 nm in 1895: France from less than sP"o."n IN
1855 to nearly sooOOoOoo in lsss Germany fron,
i;6 so 900 I'm ISS to N50oN0o In 1928. BRUSH
| Torfr America from s7s ooooo0 in 1855 10 about
! Ss5 00 nm IN 1906 AMI tho United Kingdom from
| 1862 400 o00 in isss about si4O.000,0oo In l"s