New-York tribune., 1899-03-16
LARGE FEBRUARY EXPORTS.
WILL PROBABLY SHOW INCREASE OVER
ALL FORMER MONTHS EXCEPT
THAT OF 1895.
rBY TELEGRAPH TO THE rRrBrS

Washington March i5-FebrIary exports are
likely to prove the largest Of any February in the
history Of the United States export trade with tne
single exception Of that Of 1895 The preliminary
statement OF the exports of breadstuns provslons'
cotton and mineral offs issued by the Bureau OF
Statistics gives the total Of those articles AT S5sss
s94 against $is si3 SO in February. s37 and S2i'-
s73 IN Februa ry 1886 while. with the single excep-
ton OF 1898. February shows as large export OF
those articles The figures for February. 1898 ara
s62 OO9 53s about $4,000 greater than those or the
month Just ended.
The slight reduction in February. 1892 as COM
pared with the corresponding month Of 1888, doe.
not Indicate an actual reduction In exports, but
merely slightly lower price for some Of the lead
ing articles exported Wheat exports. for Instance
in February. 1880 nearly 100000 bushels.
against 10000 bushels in the corresponding month
Of 1895 while the value is given at E.335@Ss. against
Sc i34O2s In the corresponding month Of last year
The exports OF wheat in the eight months ending
with February. 1899. amount 10 loS.'0I@o bushels
against lOl. 1862 bushels In the corresponding
eight months Of last year. while the value Is onv
ISL 1903 against S93.9s2 SO In the corresponding
months Of last year. The exports ot corn III u's
eight months ending with February. 1899, amounted
to III sl17Ss bushels against i2055753 bushels In
the corresponding eight months Of last year.
slight reduction in quantity. though the Value OF
the corn exports for the eight months ending Win
February 1889 is si9.5s77o against Ai"S@-S Tor
the slightly larger quantity exported IN the'cof'~
spending eight moGths of 1885
PRICE OF WHEAT LOWER.
T, ,s therefore apparent that while export prices
of corn are slightly higher than those OF year
ago those OF wheat are materially less. and that
II is this reduction in the export price OF wheat
which Is making the apparent falling on IN Amer
icsn exports In other words Il is not a reduction
in volume Of exports but in the price ootainsa ara
Tor this largest article Of the United states export
trade -. A,,,oo ..
ar this time last year. the cotton-growels sro
more forrnnstsd 70 5sa az 7S mounds were valued
al 81 S26 is3 while 35ss255W pounds expor,se u
~ tbe average ex port price last year being below
six cents a pound while this year It IS consider
TIors ~ cotton in 1923 are larger than those Of
February 1897 or 1886 but considerably below those
ciAs aside from wheat February exports seem
likely be more satisfactory mar usual, ,ben IN
he corresponding months Of 1895. 1921 or l:n.
while manufactures continue me ,s s.sa,S ~, '"SA
over last wear and over any precedns yeir
REDUCTION SHOWN BY EXPORTS.
The reduction In prices OF agricultural products
IS plainly apparent in the relative proportion OF
the total exports which they form in tho seven
months ending with January In that period they
formed only 6en per cent of tho total EXPORTS
while in the corresponding months ot last ysar
they were 71sS per cent Of the total exports Manu-
factures make a satisfactory showing. tneir per
centage o, the total exports being A7t per cent.
OF last year. on only two occasions have the ex-
ports OF manufactures shown in the full fiscal ysar
as large percentage Of the total exports As In IN
the seven months just ended, although tne value
OF the exPoriatioqs OF other articles , mas t oeen zen
portations OF the fiscal year which ends June 20.
1899 will be the largest in IN me me ns,o sn C tne now
ing total of s7i9,5s3iS. against S7isS5lN IN the
the largest export record in the history OF United
States commerce.