The times. [volume] (Richmond, Va.) 1890-1903, 1899-05-02
HIGH WATER MARK.
Our Exports Of Manufactured Pro
ducts Last Month Largest known.

=
WASHINGTON. May 1-Spocal-
American manufacturers made their high
est record in foreign markets last month.
The figures of the March expectations,
which the Treasury Bureau OF Statistics
issued this month earlier than ON amy
previous occasion. show that the March
expectations OF manufactures We're $685.
o25. i3. or moro than % per cent. in exc
cess ~ any PRECEDING month. I'm March
last year the export. tlOns OF manuf8o-
lures were S2s2ii4I0; in March. i,'i
$3.50 1861. ana in March. 1856
Sal-5.la5 On only two occasions-March
and December. 1s93-have tho exports OF
single month ever reached S2So0.0o
while I'm March. 1880 they were ae al-
ready indicated. &6 ops. 733-on incrca "a
OF 80 per cent. over those OF the proceed
ing mOnth-Febuary. 1899
Prior o. 1897 exports OF manufactures
never averaged On any month as much as
IS million dollars for each business days
five months of 1893 they averaged mill
Hon dollars for each business day, but
10 was left for March. 1892 to make the
average OF more than million dollars
for each day In the month, or an average
OF 81 00l for each business day.
The Increase IN the expectations ~
manufactures IS apparent On nearly an
lines. Exports Of cotton cloths increased
from 1900 $50 yards In March. l@S 20
43-.i.fll Yards ia March. 1900 and ~ this
amount tho exports 10 China alone were
Pr t225fi yards aaginst l365.SH yards in
March of last year.
From whatever standpoint tho March
record or The exports ~ manufactures is
considered. fl is not only interesting but
surpr ing For rho first time n our his-
tory tho exports OF manufactures formed
moro than ono third Of tho total exports.
The highest record ever made for Cd come
piete year was that Of 1897. when manu-
features formed zsS per cent Of the total
exports. while tho March 1900 figures
snow manufactures 10 be- 1913 per cent of
the total exports for that month Prior
20 l"S imports OF manufacture always
exceeded the exports OF manufacture.
The fiscal year 1so9 showed me exports
~ manufactures 20 Doe % per cent. in
excess N the imports OF manufacture.
This was looked upon ms abnormal bee
cause Or the small importati0ns ~ manu-
features Immediately following tho en-
actment OF the tariff law ~ 1857 and n
was assumed that importations of manu-
features would Increase and perhaps.
again exceed the exports OF n7nufac-
tnred articles Instead OF this the March
exports of manufactures are. in round
numbers 59 per cent in excess OF the
imports Or manufactures while for the
nine months tho exports OF mauufac.
ture. amount - t2ig Ci5 against siqi
22fcI worth OF imports OK manufac-
lures during the same period Thus. not
wlthstanding the fact that the imDorta-
ton OF manufactures has slightly in
creased during the fiscal year $500 com
,,sra1 with the corrosnondfDo. mouth,
~ the preceding year. the exports OF
manufactures for the nine months are 25
per cent greater than tho imports %
manufactures. and FOR the single month
~ March. as already indicated. are 81
per cent greater than tho imports of
manufactures.
sim another curious and extremely In
,aresfine fact t. that moro than one
hair az the exported manufactures go 20
tha great manufacturing countries OF the
world.