The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-07-25
treat YEAR FOR BUSINESS.
WONDERFUL EXPANSION OF Ex-
PORTS IN TWELVE MONTHS
$6I5,:5s.024, or More Than Twice
as Great a. in Any Previous fear
-Au Countries Heavy Buyers.


tbs most remarkable year N the commerce
or the United States. which has just been
competed oy the bureau O. statistics, De
CONES especially interesting when cosapar-
81 with thar OF preceding years. Net only
doss the years record surpaSs that 90 any
previous year N the total exporra ions
and he exports OF manufactured articles.
but for The first tine II the history % the
country the exports are twice Is great as
tae imports. ani the exports OF Ganufac-
lures exceed the imports OF manufactures
The value OF the explorations Of Ghe fiscal
Year lS~ - more than seven times that of
ISIS. four times as much as N Isg, twice
i uluch So IN 1917. ~ per cent. more than
IN lss7, - per cent. in excess OF the great
commercial year Of lSse. and slsn.sls.e
more than the greatest year Of our export
trade-lsss. TIE balance of trade in our
favor IS more than double that OF any
previous year. and nearly equal 10 that
OF the past five years combined. The net
lnportattons Of gold exceed those OF any
preceding year In the history OF the coun-
Try. the total gold imports IN excess OF sx-
ports being FOR the full year SI04. rs. 30. IN
Gliding coin. bullion and ore while no pre-
ceding year ever reached the s1a a.oa.,l
line in net imports CT gold. When 10 this
Is added the fact that the imports OF mer-
chanGise Of the year are Iess than in any
= S-ia1r 100. d.sl Win tElls S-ESGS SXcGfs-
ton, less than in any year since 1879 It
becomes apparent that the record Of the
fiscal year lss is an altogether unusual
one.
The balance OF trade in or favor in the
year under consideration IS Ssl5 20 ga
against Szs6 3a IL. in ISL ss4 sol sos II 1879
SO, 1l2,Ils In ISL sa57 Sl4 "a IN 1873 sa3T.-
l45, so in is94 and sJg SO SIS in 1882. while
no other year. except these mentioned.
ever reached The 500 osal.D line in its bal
ance Of trade, or excess Of exports over
imports" as il IS termed by the Official
reports OF the bureau Of statistics Indeed
IL is only since 1915 that the balance Of
trade has been as a rule in our favor.
From 1871 10 1876 there We're but sixteen oc-
casions in which the exports % the year
exceeded the imports. Since that time
however. the balance of trade has been
almost constantly in our favor, only three
years. lSSs, 1879 and lss3 showing an ex-
cess OF imports OF merchandise over our
exports. The excess Of imports over ex-
ports IN the eighly-tive years prior TO 1876
was s, Us. ~ go while the excess Of ex-
ports over imports since that time has been
ST. 2ss 500 Thus the Centennial year
seems 20 have been the turning point in
our commercial relations with other parts
OF the world.
Agricultural productions OF course. form
a large proportion of the expectations Of
this greatest year in the history OF our
commerce. yet they do not form as large a
proportion as in many preceding years
Only Il per cent. or the expectations OF the
year 1898 are products OF agriculture while
In 1894 they were over y per cent Of our
total exports: in 1893 over "a per cent: IN
1899, over IS per cent: in ISL, more than
81 per cent, and in 1850. more than sS per
cent. OF the total exports. In spite % the
fact that the manufacturers OF the country
had an unusual demand upon them from
the home markets during the past YEAR by
reason of the unusually small importations
OF manufactures they have not only sup
piled the home market. but increased their
exports over those OF any preceding year
so that the total expectations Of nanufac-
tured goods In the year just ended reaches
nearly 500 90 90 while IN no year prior
10 the Centennial year did they reach as
much as sloo e6o.oo
A comparison Of the exports Of lsas with
those OF 1885 shows an increase OF prac-
tcally IN per cent in that period The to-
tai for lsss being sf15 "a ~ against g. 23I.-
sll s6s in 1875. This extension OF our export
trade has been in al parts OF the world
but especially with the distant points and
with those countries and continents which
but decade ago purchased bu, little CT
our productions.
To Africa. which II iSSs bought but a liz
tie over S.on 30 worth O. our productions
we have during The past gear. sold 81 9a-
ooo worth: - Japan which took but little
ever 81 go go worth In fSSS our sales n
the year just ended were valued At 81 Geo
90, 70 China, which took hut 81 80 60
worth n ISIS, We sold in lSas sleGo gao
worth. - Austria Hungary, which took
less than sooo 900 worth in 1875. our sales
IN 1895 ware over s C.o. 0 in value. Rel
gium which took less ,h3n s!neo eoo worth
in lSS took si300o 10 worth In 1885. Den
mark increased from g ds00n in lSSS TO
over si2 @9 N lS<S Netherlands from
sls"a 90 n 1SSS 20 ahou. sf5 go 0no IN 1Sas:
France from less thar $40 30 o.lo in 1855
81 ncar.v $40 0na 40 in 1S9S: Germany from
S$Goegl worth ~ iSSS 10 over sl-oe 30
worth in 1SaS Brtish North America from
sHS p"9o 81 lS>S - about *. or 90 IN ISqS
anI re Tn.:e1 Kingdom from S2s2 90 90
IN lS>s % about $40 a. 80 IN 1895
ALLAN r SLAISON.