Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1899-06-03
EXPORT VOLUME LARGE.
Our Shipments Abroad Are Still tnor-
nous.
Demand for Manufactured Goods Increases

treasury bureau Of statistics, averaged
more than 800. 100000 a month, ana
were nearly $50, 600. 900 greater thah
those of any preceding year IN our ms
| tory. And this happened Wheh the
| whole world aside from the thltcu
| States was short of breadstuls anu
was looking to the United States WIN
an unusually good crop for its supply
| In 1899. with the outside world gener-
ally well supplied with its own bread
stuns, the United states continues 10
| export at the rate of more thah $loo'-
600, coo a month. and up to this time mas
exceeded by $lO000,000 the wonderful
| figures of the corresponding months 81
last wear. This is the more remark
able as the export price Of wheat is
now Is cents a bushel, against 81
year ago. and during the entire ten
months has averaged but IS cents
| bushcl. against an average Of % cents
in the corresponding months of last
year: while cotton during the ten
months has averaged but 512 cents a
pound. against an average of pract-
cally six cents in the corresponding
months of last year. Thus the United
States. in the face Of the reduced for
tlSl utIldHU lbi bItdtSluliS anu ttt-
ton due to the enormous worlds sup
ply of those articles has during the
first ten months of the fiscal year 1899
exceeded her exports in the cores
ponding ten months Of 1898.
This record of total exports in the
face of the tremendous fall in the
value Of breadstuffs and cotton is due
to the great success of American
manufacturers in foreign fields The
detailed figures Of the bureau Of stats
tics covering the ten months ending
with April 1899 show that the exports
of manufactures in those ten months
have been s215,97S, 300. against SPA 737.
o02 in the corresponding months of last
year, an increase Of II per cent. while
the exports Of products of agriculture
We're S611.573,545. against $719.012 $50
decrease of nearly five per cent. Thus
agriculture has lost Sal 600 GOO in the
years exports, while manufacture has
gained $il000,00
Curiously. the largest increase in cx-
ports of manufactures is in iron and
steel and manufactures thereof The
recent advance in prices Of iron and
steel led many persons t. believe that
''' Nl'i - III lll'lS'' llIi'S NtlUltl Itll
off, but it appears that prices abroad
have advanced iii about tn" same pro
portion as in the United states. and
consequently the increase in price
rath"rincreasad the number If dollars
worth Of material exported AT least
the figures IF the bureau of statistics
show that IN tn" ten months ending
with April, 1899, the exports Of iron ana
| steel and manufactures thereof have
amounted to $16.251.136. against SIS.
20. lba in the corresponding ten months
OF 1878, $i6,565,116 in the correspond
ing months " 1862 ana S2&. SG5. IT III
n" corresponding months of 1926
IhuS exports "f iron and steel have in
creased 81 per cent in the last year ana
nave considerably more than doubled
in four years
fLen N the month NJ April. III the fac,
I ,h' higher prices the exports Of iron
'INi Sl'rI ani manufactures thereof
! thnunitd To- NWH. I'll. against 81 2,tV l66 II,
NprlI "t IaSt N"ar. Manufactures VT cp+-
l"n are also showing remarkable in
cr"aS" In lNH uv.r those In 1N,,N NH. rt1rn
| her OF yards of cotton cloth oxnnr-,J T.,
w" I'm months ending with Npri ~ .S4
h-"N2I. aEIinS' 2lI7N2.71u i'm the CORES
| i.f''.IIl- months VI IASt wear In Increase
| "I more than ~ per cent. though tho pric,
averaged slightly less. being if u,r can't
P'F YARD IN tb" ten months Of I>gN-gq
| against I9 per cent i'm tho tan months nf
| IH'-'N- IA" bulk in tho increase of cN-
P'rLs lh cotton cloth is tu China whirn
| on"k from MS IN the last ten months III
'-I.'tN yards. against NSgli 1862 in thu cor
iiiSSP'hIinE months Of last year Other
INES ot manufacture also Show gr.tify-
ing gains. Agricultural implements. for
instance. Increased from ST. l51 ufI III fen
months OF the fiscal year 1SlS to $S.S51. I&I
~ lSH. an increase Of considerably NOR
than ~ per cent. Manufactures Of con
PR snow an increase Of S.5O0mO in tina
last ten months over the currcsDondin..
months q last year. Instruments ana
apparatus Tor scientific purposes in
creased - per cent. amounting to NOR,
imam S3.5oo01 in the ten months inst rnd
III. NcEeta nlc oils show an increase OF
teh months 70 nearly S1l ,00m0 There Is
scarcely an instance Of consequence III
IWhlch manufactures show a falling off.
Inc only marked example being rctincj
mineral oils, which have fallen less Than
$!"""o below the figures NJ last wear,
fNtn II provisions there has been n
ntdtked increase in expectation. in spite
n the lear that the events of the last
rev months might render certain classes
q err provisions unpopular in foreign
markets. the total value Of provisions cx-
ported amounted in the first ten months
OF the fiscal year 1899 to $40 72S qGq
against Sl3L 401 366 in the corresDonding
months OF 1898 ana $l1i.10S 725 in the cor
responding months of 1897. while in canned
Il
SllEht gain over the corresponding months
OF last year, ana in the month or April
the exports uf canned beef were more
than 100000 pounds in excess of those nr
April 1898. W
The single class Of our exportattons
winch shows a marked falling off is as
mas already been pointed out, agricultu-
raj products, and this reduction is due al
most entirely to reduction in values not
quantities. While the value of wheat ox
ported in the ten months Of 1894 was but
NZllt,''6 against Sill. i95 $50 in the CORES
pohdihg months of the preceding fiscal
year, the number Of bushels exported i'm
ne zen months of 1899 is actually greater
.nan mat OF the corresponding months of
ln.N; being l25,35I $50 for 1899 against 122
"l,'h' Tor 1873. The exports of corn have
fallen off about 10000 coo bushels. showinr
mat foreign countries still draw upon us
LOT corn only in proportion to the scare
ity of other brcadstufs in their own
markets, though the fact that in the fax
OF the ample supply of brcadstuffs abroad
our sales Of corn in the last ten months
nave amounted to III, 000OOA bushels
SHOWS that this class of our productions
mas gained permanent foothold abroad
and especially in Europe. which took 195
U",om Of the 1il ,0n0000 bushels cxnorfnd
during that time.
IN imports there has been Al increase
~ $9i"o,Wn. or about ten per cent oyer
laSt year Of this increase so. 600 900 Is in
sugar q which the 1898 imports were an
h'lHdliN Ight ny reason of the over
supply brought in prior to the enactmen:
o. o. me DlngleN law i'm 1897 while ahour
S-n"""o Of the increase is shown i'm man
ufactured articles ana so 900 OO0 in I,,y-
no,