The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-06-02
.FOREIGNCOMMERCE
For the Fiscal Year Of 1899 Will
be Remarkable
IN EXCEEDING THE RECORD
Mnde in the Previous Year, Which
Averaged More one H undref MILL
ion Dollars per Month, In Exports.
The Increase In Exports of Manu-
features IA Showing That as.
tounds European Conntrica

WASHINGTON. June 1.--our foreign
commerce In the fiscal year 1899 viii be
even more remarkable than that Of the
wonderful year 1898. Our exports In
1898 averaged more than 500 .ooO. 900 per
month and were nearly $780, 900
greater than those OF any preceding
year In our history. And this happened
when the whole world aside from the
United States was short In breadstuffs
and was looking to the United States
with an unusually good crop for Its sup
ply. In 1899, with the world generally
well supplied with It's own breadstuffs,
the United States continues to export at
the rate OF more than slO0,oO0,O0O O
month, and up to this time has exceed.
ed by SO, 100000 the wonderful figures of
the corresponding months OF last year.
& This is the more remarkable because
the export price Of wheat Is now 75c per
bushel. against 81 year ago, and dur
Ing the entire ten months has averaged
but 75c per bushel against IN average
Of sac in the corresponding months of
last year. ~hile cotton during the ten
months has averaged but SIC per
pound, against an average OF practical
~ &C In the corresponding months OF
last year. Thus the United States, In
2 the face OF the reduced foreign demand
for breadstuffs and cotton, due to the
enormous worlds supply OF those arti-
cles. has during the ten months Of the
fiscal year 1899 exceeded her exports In
the ten months OF 1885,
This remarkable achievement of keep
ins up the record of total exports In the
face Of the tremendous fall In the value
OF breadstuffs and cotton Is due to the
great success OF American manufacture
ers in foreign fields. The detailed fig
ures OF the treasury bureau Of statistics
covering the ten, months ending With
April. 1899. show that the exports Of
manufactures In those ten months have
been s275.97S.3oo. against 1884, .0o2 In
. the corresponding months of last year.
Oil iuSleasc VI ~ ptt Ceut' Willie tue eN-
ports Of products of agriculture we're
SGT. 573.345, against s7l9,012,S59, a de-
crease Of nearly per cent. Thus agrI-
culture has lost sal. 100000 In the years
exports, while manufactures have gain
ed S41,O00,000.
Curiously the largest increase In cx-
ports OF manufactures Is In Iron and
steel and manufactures thereof. The
recent advance In prices Of Iron and
steel led many people to believe that
but It appears that prices abroad have
advanced In about the same proportion
as in the United States and that conse-
quently the increase In price rather in.
creased the number OF dollars worth OF
material exported At least the figures
Of the treasury bureau OF statistics
show thai In the ten months ending
with April 1899, the exports Of iron and
steel and manufactures thereof have
amounted to s76.25l. 1876. agains. $685.
1865 In the corresponding ten months OF
1000. SfO,uuO,llU Ill tHt corresponding
months OF 1897. and s33,a65.674 in the ten
months OF 1896. Thus exports OF iron
and steel have increased IS per cent In
the past year and have considerably
more than doubled in four years. Even
in the month OF April In the face of the
higher prices, the exports OF Iron and
steel and manufactures thereof
amounted to s9,03913l, against $6,3OS. 96G
in the corresponding months of last
year.
Manufactures OF cotton are also show.
ing a remarkable Increase In 1899 oyer
those OF 1895. The number of yards of
cotton cloth exported in the ten months
ending April is s33o. go s21. against s2l7..
7S3.f70 In the corresponding months OF
last year nm Increase Of more than 20
per cent. though the price averaged
slightly less. being ACC per yard in the
ten months of 1899 against 4.9c in the
ten months Of 1sas The bulk of The in
crease in exports of cotton cloth is 10
China which took from us in tho mast
ten months III of .748 wards. against S. :
9II3s9 in the corresnonding months Of
last wear, Otbcr lines of manufactures
MISC show gratifying gains. Arrlcul-
turol ,mn,ements for instance In.
creased rro,r a. ,s7 ae. In Ton unon,hs of
1sos IN IS s51 Is1 IN 1909 nm Increase NJ
consldera NV more than 20 pcr cent.