The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-06-06
RECORD-BREAKING YEAR
EXPORTS OF MANUFACTURES WILL
EXCEED IMPORTS $5O,OOO,oOO.
Greater Foreign Demand for Amer
lean Mechanical Products than
Ever known Before.
Special to the indianapolis Journal.


WASHINGTON, June 5.-The manufac-
the fiscal year which closes with this month
their greatest record in competing for the
markets of the world Not only will the ex-
ports of manufactured articles for the fiscal
year exceed those of any previous year.
but for the first time in the history of the
country they will exceed the imports of
manufactures. In the ten months of the
fiscal year. whose detailed record the
Bureau of Statistics has just completed, the
exports of manufactures exceeds by over
$40 900 the value of the manufactures i'm
ported, and it is probable that for the full
years record this excess will reach $50.010,
900. In no preceding year in the history of
the country have the exports Of our manu-
features equaled in value the imports of
manufactured articles. In the fiscal year
1897 the imports of manufactured articles
exceeded the value of exports Of manufac-
lures by the sum of $27 .S62,217; in 1896 by
$104, 75s,734, and in 1895 by 1921, 413,7SS.
Nearly every branch of our great manu-
featuring industries has shared in this
growth of our sales to other parts of the
world. The exports of agricultural imple-
ments, for instance, which in 1883 were
about 81, 800, 600 in value, will in the year 1898
engines, whose expectation in 1885 was less
than 100000 in value, will in 1898 reach
probably 100000 orders for more than $50
engines having been placed with the great
manufacturing establishments during the
past two months for use in China, Japan.
Russia. Egypt Australasia and South
America. Bar IRON of which we exported
900 pounds in 1883. will amount to 10000
900 pounds of exports in 1898. Builders
HI of which
valued at S,442,635 were last fiscal year
"a l52. 1886 in value. The exports of cut nails,
which in 1888 amounted to H. 963,654 oundS,
will in 1893 amount to more than S5,O0o,0O0
pounds, an increase of 200 par cent, while
wire nails have increased over 1000 per
horseshoe nails in 1888 being 1,54707S pounds,
while those of 1898 will reach nearly if not
quite 20,O00,C00. Exports of iron plates and
sheets, which in 1889 were less than 100000
pounds, will in the year which ends with
this, month amount to nearly 10000 pounds,
Wills those p OF i Sse 4a PLATES ana lass &
exceed 10000, 900 pounds in 1895.
The total value of the exports of manu-
amounted to s17,7eS.OS4. will in 1898 exceed
$50, 100000 The exports of leather and manu-
features thereof, which in 1883 amounted to
0o0,000 in value. Exports of illuminating
oils, which in 1888 amounted to 56.000,0 00
gallons will in 1898 exceed soc. 900, 600 gallons,
while. lubricating oils which in 1888 were
less than %, 100000 gallons, will in 1898 reach
55e00,0OO gallons. The expectations of
paraffine and paraffine wax, which in 1888
were 36000.000 pounds, will in 1898 reach
lac, COO, 600 pounds. Soap increases from 49,
900, 600 pounds ia 1883 to over q, 100000 pounds
in 1898. glass and glassware from 1881 ,62S in
Der from 1868 1867 in 1888 to $1,S07. las in 1897.
Manufactures of cotton show an increase
of so per cent. in the value of their exports
during the past ten years; exports of chem
icals have also increased so per cent. in
value during the same time. Manufactures
of brass have increased from $30S, 124 in 1888
of copper. including ingots and bars. which
in 1855 were $3,S12,7 9S were last year $751;
621, 125, and seem likely to exceed that sum
in 1898. In numerous other manufactured
articles there have been similar gains, near
ly the entire list having shared in greater
or less degree in the growth of the export
trade during the past decade. The total ex-
portation of manufactures in 1888 amounted
to $3.50, 300 0S7 and in 1898 seem likely to reach
nearly or quite $4,000 900.