Little Falls weekly transcript. (Little Falls, Morrison Co., Minn.) 1894-19??, 1898-06-10
A sPLENp,pTRADE RECORD

mOQCuS ago AeoV UAo VOL "A0AA
Spain would seriously impair our
export trade, but there has been
no severe backset, as some predict,
and the merchants who have sui
fered at all have been those en-
gagged in the South American,
Central American and West In
dian trade; but the check on that
trade appears to have been only
temporary, as orders for goods
have been resumed to consider
able extent and the goods shipped
on neutral vessels are scarce.
American manufacturers are do
ing we'll in South America with
railway supplies and material, and
electrical machinery. In that
latter trade our manufacturers
have made wonderful gains all
over the world and five big estab'
lishments in this country are hard
at work supplying the export
trade in electrical equipment.
American iron, raw and manu-.
featured, is going to Great Brit.
ain, France, Germany, Russia and
Asia.
In the far orient the current
government report shows that the
United States, as yet, supplies
only little over 4 per cent Of all
the imports into that REGION and
takes 8.65 per cent of all the ex'
ports from it. We are now be.
ginning to make inroads in that
market, which promise great
expansion of our trade there.
Some points in the growth ofour
export ira de are of interest.
In 1s92:(fiscal year,, :the total
iron and steel exports from this
country were $29. 100000 and in
nine months of the present fiscal
year, they have been about $780,
900, 900. Four years ago we ex-
port ed 1857 tons Of steel rails to
ell countries but Cuba and last
year the export to all countries but
Cuba was 1o7, 991 tons and in the
nine months of OF the present lis
cal year the aggregate export was
1923, IT'S tons, of which Japan alene
took 80, 1858 tons. This country is
furnishing steel for the Clyde and
Belfast shlpbuilders and we 'can,
today, build steel ships cheaper
than any country in Europe
can and that is the reason Russia
has placed orders with American
shipbuilders for some $40, 200
worth of warships. Locomotives,
337 in number, have been export.
ed fro m American works between
J July i, 1897 and April 1, 1898.
So moves the export trade and
we shall get our share of Asiat'c
com MERGE in spite of European
co mpetition. As all Asia is to be
reti culated with railways and ma
chinery for developing untouched
resources must be supplied during
the twentieth century, our coun.
try has sure prospect of supply.
ing a vast amount of the material
needed.
The history of our foreign trade
for the past twenty months is a
history of successful effort of our
manufacturers to extend it. The
excess of our exports over imports
for the nine months ending March,
1898, was $40, 961 900, as COM
pared with an excess of 1928, 49,.
600 in the corresponding period in
the fiscal year 1897. The big
gold importations did not exhaust
our credit balance by any means
and it is probable that it will in
crease steadily through this last
month of the fiscal year. For a
country engaged in an extensive
war, our trade experience at home
and abroad is certainly most graft
flying.
ParkertoWn Items.
Alex Oby is visiting in Staples. he
and his sister Miss. Julia, who
has been attending school In that
| nlaCo arc oYnoctod homo fhia vvook