Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1899-06-08
UNCLE SANS PROSPERITY.
OUR FOREIGN TRADE THE LARGEST
ON RECORD.
Statistics Increase Over 1898 in tho
Expectation of Napufactured
Articles.

our foreign commerce IN the fiscal year
lSD Will be even more remarkable than
that of the wonderful year 1898. Our ex-
pCstS in 1888 aNcsHgCd more than $lUO.WO,-
O'0 per month and were nearly 500 0UO, 900
greater than those of any preceding year
III our history And this happened when
the whole world aside from the United
states was short in brcadstuns ana was
looking to the United States with an uu-
usually good crop for its supply. In 1922
with the world generally well supplied
with its own bgCad1tuffs, the United
states continues to export at the rate OF
more than 10000 90 a month. and up to
this time has exceeded by slopU,mo the
wonderful figures of the corresponding
months of last year. This is the more re-
markablc because the export price of
wheat is now - cents per bushel, against
81 year ago, and ducing the entire ten
months has averaged but - cents per
bushcl, against an average Of 93 cents IN
the corresponding months Of last year.
while cotton during the ten months has
averaged but jla cents per pound. against
an average of practically cents in the
corresponding months of last year. Thus
the | ntted states, ia the face OF the re-
duccd foreign demand for tveadstuffs and
cotton, due to the enormous worlds sup
ply of those aTuCles, has. during the ten
y
her exports in the ten months Of 1898.
This remarkable achievement of keeping
up the record of total exports in the face
Of the tremendous fall in the value of
breldStuffs and cotton is due to the great
success of American manufacturers In for
eign fields. The detailed figures OF tn"
treasury bureau Of statistics, covering the
ten months ending with April. 1892 show
that the exports OF manufactures in those
ten months have been 275.97S 300, against
1921. ,002 in the corresponding months OF
last year, an increase of II per cent; while
the exports Of products of agriculture
weve Si17,J7334J. against S7lg. 0l2 So. It de-
crease of nearly per cent. Thus agsicul-
ture has lost Al $4,000 in the years ok
ports. while manufactures have gained
Al ,o00,OCU
CurOusly the largest increase in export 5
OF manufactures is in iron and steel and
manufactures thereof The recent advance
in prices Of iron and steel led many pcO-
pie to believe that ouS .xports in those
lines would fan off. but it appeared that
prices abroad have advanced IN about tn"
same proportion as in the United States
ana that consequently the increase in
price rather increased the number Of dol
lars worth of material exported. At least
/ the figures of the treasury bureau of sta
tistiCs show that in the ten months end
ing with April. 1898 the exports OF iron
and steel and manufactures thereof have
amounted to $50 1876 against 81, pa. li5
in the corresponding mOuths of 1898; So
80 lld in the CORE spending months OF 1897,
and S33 36J, ga in the ten months Ot 1886.
Thus exports of iron and steel have in
creased - pc cent ia the past year. and
have considerably more than doubled in
four years. Even i'm the month of April
in the face of the higher prices, the ex-
ports Of iron and steel and manufactures
thereof amounted to 81. 039 1871. against So
n he lc Of L. 81
YeaC. Manufactures of cotton are also
showing a remarkable increase in lNH9
over those of lSgS The number Of yards
of cotton cloth exported in the ten months
ending with April in $50, GO, 81. against
2l1,1S3,170 in the corresponding months Of
last year. and an increase Of more than
80 per cent. though the price averaged
slightly less. being 80 cents per yard n
1.-The ten months of 1899. against 40 cents
in the ten months Of 1898. The bulk Of
the nCreaSe in exports of cotton cloth Is
to China, which took from us in the pa I
ton months 17l,92l .14S yards. against SIS
1853 in the corresponding months of last
year Other lines of manufactures also
show grdtifyinG gains. Agricultural IN
plemcntS for instance, increased from s.
lj7GA In ten months OF 1878 10 $s,N5ll3l N
1872 an increase Of considerable NOR than
~ per cent. Manufactures of coppr show
an incSClSe of $4,000 in the ten months
over the corresponding months of last
year Instruments and apparatus for
scientific purposes increased ~ per cent,
amounting to over 800 900 in the ten
months just ended Vegetable oils show
an increase of moe than - per cent aud
amount in tho ten months to near,y sE,-
Oop0oc. ana th.Se is scarcely an instance
Of consequence in which manufactures
show a falling off. the only marked tN-
ample being in refined mineral oils, which
have fallen less than s2,@oooo below the