The herald., 1898-07-08
Trade Statistics

Attention is directed by the chief of the
bureau of statistics of the treasury depart
ment to the interesting fact that s27 900. 900
worth of American manufactures were sent
abroad during the twenty-siX business days
of May. while only SIS ZOO, 900 worth of for
egn manufactures were brought into the
country during the same time. 1t has been
pointed out that our exports of manufac-
tured articles are this year. for the first
time in our history, exceeding our imports
Of manufactures and in the month of May
the phenomenal record was made of ex-
porting 80 per cent more of manufactures
than were imported of manufactures in the
same time. While the imports of manufac-
lures during the fiscal year have been much
less than in preceding years, and the de-
mand upon our own manufactures conse-
quently greater, they have steadily gone on
Increasing their exports SO that the total ex-
portatlon of manufactures during the fiscal
year about to end will exceed by fully sl2.-
100000 those of any preceding year in the
history of the country, and will be more
than double that of decade ago and more
than so per cent In excess of that of 1895.
There has been steady growth in the eX-
port of manufactured articles during the
fiscal year, The unusually large imports
of manufactures during the closing months
of the preceding fiscal year led to the eX
pectation that the expectation of manu-
features In the succeeding months would be
large, but an examination of the export
figures of the bureau of statistics month by
month during the year shows according to
the chief. steady increase in the exporta-
tion Of manufactures instead of the reduc-
ton which was expected to follow the alb
sorption of the immense volume of manu-
featured goods which were In the country
at the beginning of the fiscal year.
For similar reason 1t was thought likely
that the imports of manufactures in the
closing months of the fiscal year would ex-
coed those for the opening months. This,
however, has not proved to be the case The
imports which were valued at $22 345 $50 in
July, 1897, showed decline from that figure
for every succeeding month until March
when the high water mark for the year was
reached-namely. 1923 1913, 1886 From that fig
ure there was sharp decline in the next
two months. the total for May being $1S,-
l27411, or over S. 900 900 below the figures for
March and over $40OO,OO below those for
July, 1897 The exports of domestic manu-
features. on the other hand, showed a gain
Of over So 900 In May as compared with
the figures for July, 1897. The high water
mark for exports as well as for imports was
reached In March, when the total value of
domestic exports was s2s.214.45O The most
important in point of value of the manufac-
tured articles exported are agricultural i'm
plements, books. maps. and engravings
chemicals, copper and manufactures. cotton
manufactured, cycles manufactures of
fax, hemp and lutte. glass and glassware
instruments and apparatus for scientific
purposes. manufactures of iron and steel
manufactures of leather. mineral oils for
Illuminating purposes, paper and manufac-
lures thereof. paraffine and paraffine wax
tobacco. furniture and other manufactures
of wood.-Bradstreet's.