The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-06-26
FIGURES HARD TO BEAT.
The Years Export Record Almost I'm
paraIIeled.

New York Letter in Philadelphia Press.
A week from to-day the fiscal year 1S9s-99
ends and IL is said by experts, of whom
Maurice L Muhleman Is a representative.
that II will leave a record unsurpassed, UNI
matched in every respect but one. by the
record of any other fiscal year since the
government was established. The one ex-
ception is an apparent rather than a real
one. When the figures are made up by the
government statisticfans. Immediately after
Friday of next week, 1t viii undoubtedly be
discovered that the record of the exports
for the fiscal year ending June 80. 1898, was a
few millions greater than is the record Of
the year Just ending.
II is believed here, however. that this
difference In favor Of last year can be ex-
We're higher prices for wheat and some
other breadstuffs than have prevailed this
year. and that while the value of the ex-
ports is considerably less than that Of last
year. yet the quantity is about as large.
Then. too. last year was distinguished by
the attempts OF Mr.. Letter 10 corner the
wheat market, attempts that were reflected
IN. the prices and outward movement of
wheat.
But IL we have not made a record, so
Tar as breadstufs and wheat are concerned,
it Is reported at the custom house that we
have certainly made one so far as manu-
features are concerned. We have beaten the
export OF the products of our mills last
year by almost enough TO make good the
falling on In the value OF wheat and bread
stuns exported. The manufactured articles
that We have sold to the world have saved
our export trade so that we make a gross
own almost equal in exports to that OF
last year. while the total business carried
on with foreign countries. both export and
import. reaches about two billion of dollars.
or fifty millions more than the total figures
of the next best year. which was 1892.
II IL were possible to add TO the record
that VIII be made up Immediately after
June %. certain orders received this month
by some or our great manufactures. then
the record OF this year In exports, notwith
standing the falling Off In value OF wheat
and breadstuffs, would surpass that made
last year. But IL Is not possible to include
in the official record some recent contracts.
like that reported this morning from Pitts
burg. which will result in the export in
the next two years of nearly 3o.O0o tons
Of steel rails. worth about five millions OF
dollars. made by the Carnegie Company. 10
be laid upon some of the great railway
systems OF Russia.
In addition TO that there nave come
within a day or two other contracts from
Russia involving the shipment of something
like six millions dollars worth OF Ameri-
can manufactured products. principally cleo
trfcal apparatus and railway equipment.
This Is business done this year. But its man.
tfest results Will not be recorded until next
year and the year after.
Mr.. Muhleman, In speaking this morning
OF the record Of the year now ending, as
eerts that the report made by the Treasury
Department a day or two ago Is unparal-
Ieieds at least In the lesson that Is con-
tanned In the official figures. They show,
Nr. Muhleman says. quite as we'll as the
eznaxing reports OF c~Iearings at the clear
ms houses OF the country. that we are liv-
~ N IN era OF unprecedented prosperity.