Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1899-08-25
BUSINESS ACTIVITY.
FACTS ILLUSTRATING THE RE.
TURN OF PROSPERITY.
x.rse Increase in the deportation Of
commodi<ies used In Domestic Man.
u~factures, Together with a Decresse
In 1mports of Manufactured Articles.

Tue marvetOu6 revival of Industrial &C.
uvsty which followed so directly upon
the election Of President Mckinley
n the enactment Of the Dingley tar
IN are set forth In a statement issued
by the Treasury Bureau of Statistics.
1t Is especially significant Of prosper
q times among manufacturers that
articles required in manufacturing and
food stufs not produced In the United
states form the largest items Of the
increase In fmportations shown BY the
nscal year just ended. The statement
covers all articles or classes Of articles
IN which the importation increased or
decreased as much as 100000 dur
ing the year, and shows an increase in
importations in nearly all articles Of
foreign productiN required by our
m anufac turerR Unmanufactured
fibers, raw silk, crude rubber, bar and
block tin. hides and skins. undressed
1urs, cabinet and other woods, unman-
ufactured tobacco and chemicals for
use IN manufacturing, all show a
neavy increase. wool being the only
important item of material for the fac
tory which shows a reduction In i'm
ports.
In the ten great classes Of material
imported for use Of the manufacturers
-hoers, silk, rubber, hides, furs, tin,
copper, tobacco, wood and chemicals
the Increase amounts to about $4,000
VV, though the reduction Of several
million dollars in wool brings the net
Increase In manufacturers materials
20 something less than that figure. In
o stuhs the principal increase is in
sugar, tropical fruits and cocoa, the
Increase in these being above $4,000
oVo The very heavy importations of
sugar just prior to the enactment of
the tariff law Of 1897 made the sugar
importations OF 1898 extremely light.
SO that those Of 1890 show an increase
OF 90 per cent. in quantity over those
OF 1898. but many million pounds less
than those of 1897.
Among manufactured goods the finer
grades of cotton, silk and ibers show
the largest Increase, though mating,
china ware. dressed furs aud spirits
are slightly in excess of last year. Dia-
monds and jewelry show the largest
increase among the articles classed as
luxuries, though this is believed to be
due In part at least to a reduction in
duties under the act of 1897, which
was made in the belief that it would
reduce smuggling and thus bring with
IN the operations Of the customs law
many million dollars worth of this
class Of goods which had formerly es-
capped taxation. In manufactured
goods there has been a decrease in i'm
ports In a number Of important arti-
cles which come in competition with
American manufactures. especially in
wooden goods and tin plate. Coffee
also shows a decrease Of about $1O,-
100000 In value Of importations, large
~ due. however. to the decrease in
price rather than in quantity, tile aver
age price per pound in 1899 being more
than 10 per cent. below that of 1898,
while there is also a slight reduction
in quantities imported, owing to the
very heavy imports of last year.
The following table includes the ar
ticles or classes Of articles in which
the imports of the yen show an in
crease or decrease of as much as ST.
100000, and compares the imports Of
the year with those Of the two proceed
ing fiscal years: