The evening times., 1899-07-07
GROWING EXPORT TRADE
A Worldwide Demand for Ameri-
can Products.
Receipts From Europe Slightly
Diminished Because of the Plenti-
ful supply Of BreadstuHs-spai
and Germany Taking More of Our
GoOds-Asia and Africa ms Markets.

A study of the details of exports from
the United States during the fiscal year
just ended shows that almost every part
OF the world has evfnced an increased de-
sire for American products. Europe is the
only part of the world which has failed
TO increase the amount of money paid to
this country for its products and this Is
solely due TO the plentiful supply OF bread
stuffs in that part OF the world in 1899. as
compared with 1898, and the consequent
decrease in price paid per bushel, thus
making a slight reduction in Americas
cash receipts from that part OF the world.
To Asia, 10 Africa, to South America, to
Mexico, to Canada, and to the Hawaiian
Islands and Oceanica Americas sales have
increased in quantity and value as COM
pared with the phenomenal year 1898, the
only grand division from which the coun-
try's receipts have been smaller this year
than last being Europe. and even there the
reduction is confined to- the four countries,
United Kingdom, France, Belgium, and
Spain and as already indicated, is due to
the fact that large home supply of bread
stuffs has reduced their payments to the
United States for this class Of products
To British North America the exports in
the fiscal year 1899 will be in round num-
bers S90, 600, ,0ee as against $4,000, 0Oo last
year; to Mexico, the exports will be about
S25, 900, ,0G0 as against S2l ,2G5. .008 last year;
to Cuba the exports will be about S1S,000.
600 against IS, $50, ,09e last year; to Porto
Rico the total will be $500, 900, against
81, 500 600 in 1898, and to the entire West
Indies group the total exports OF the year
will be $35, ,o000 600 in round numbers,
against S2e 439, ,eOe last year.
South America, to which America S
sales in the past have not shown as rapid
an increase as those to other parts of the
world, shows slight gain in 1899 and will
reach total of over $35, 1000 600, against
$33. .S21 600 last year. To Asia the exports
of the year will be about SAT 900 ,000 as
against s44, $4,000 last year, China show
ing an increase of over 33 per cent and
Hongkong about an equal increase. while
Japan, which purchased enormous quanti-
ties of raw cotton and various manufact-
ured goods from the United States last
year. has somewhat decreased her pur-
chases in these lines so that the total TO
Japan during the year will show reduc-
tion Of over 5000, 900 compared with 1898
but an increase of S3, 600, 900 compared
with 1897. Oceanica shows remarkable
gains, the total for the year being likely
to exceed S30.o00,000. against $21, ,991, 900
last year, and to Africa the exports of the
year are in excess of those of any preced-
ing year.
Europe, as already indicated, is the only
grand division which has reduced the
amount of money sent to the United States
for its products, and this reduction is con-
fined to the four countries, United King
dom, France, Belgium. and Spain. The
value Of exports to the United Kingdom
for the year will be more than S25, 600 900
below that of last year, while the reduc-
tion in the value of American exports to
France will be more than see. 0.000.0 900, to
Belgium about $4.o0o,000, and to Spain
about 81. 100000. This reduction occurs al
most entirely in food products, and es-
pecially breadstuffs.
year ago, owing to the shortage in
breadstuffs in all other parts of the world,
the United States was selling wheat at 81
a bushel while now with good crops in
Europe and elsewhere the export price of
wheat is but about three-fourths that of a
year ago, and as a consequence the coun-
tries which were sending large sums to
the United States for this purpose are
somewhat reducing their demands upon
this country and paying smaller prices for
that which they purchase. The reduction
in value of wheat sent to Europe in eleven
months of 1899 compared with the eorre-
spending months of 1888 is in round num-
bers $4,000, 900, while France in the elev-
en- months reduced her purchases of wheat
from the United States from $27 161, 900
in eleven months of 1893 to $1,644 732 in
eleven months of 1889.
The United Kingdom has also reduced
her purchases of live cattle about 81 ,000,-
coo in the eleven months of 1899, compar-