The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-08-03
An Apparent Decline of S~23.342,5S3
Explained by the Treasury
Bureau of Statistics.
FIGURES FOR 1901 ANALYZED
AND COMPARED WITH THOSE OF
THE PREVIOUS FISCAL YEAR.
Part of the Apparent Loss I'm Value
of Exported Manufactures Due
to Lower Prices.
cial to the indianapolis Journal.

Special 10 the indianapolis Journal.
WASHINGTON, Aug. Exports of man
ufactures from the United States show an
apparent decrease of S23, 342, $50 in the fiscal
year 1901 compared with 1900. The detailed
figures having just been completed by the
Treasury Bureau of Statistics. it is now
practicable to analyze this decrease and see
how much OF it is real and how much Of
that which is real is due to temporary
causes.
AS has already been explained by the
Bureau OF Statistics, the export figures OF
1901 do not include the exports to the Ha-
waiian islands or to Porto Rico, which are
now customs districts of the United States.
The shipments of domestic products to
Porto Rico were, during the year, S6,S6l ,9l1,
and including the foreign with the domestic
products exceeded 81, 100000. For the ship
ments from the United States to the Ha-
waiian islands there are no official Stats
tics. the exporters having taken advantage
of the letter of the law and refused to give
this information To the Bureau Of Stats
tics; but the collector of customs at Homo
lulu stimates the shipments TO those
islands from the United States during the
year at fully $40. 900 900. This makes ST.
00,W CO., therefore, which should be added
to the export statement in an attempt TO
compare the figures of the present year
with those of 1900. An analysis of the ex-
ports from the United States to Porto Rico
and the Hawaiian islands last year shows
that fully two-thirds were manufactures,
and assuming this as a basis of the calcu-
lations for the present year there should
be added SIS, 100000 to the statement of
manufactures exported from the United
States. bringing the total up To s42S, 900, coo.
or only S5,c00,0N below that of last year.
The exports to China from the United
States fell off about $,000,0W in. 1901. COM
pared with 1860, the fall, of course, being
entirely due to temporary causes. An eX-
animation OF our exports TO China In 1900
SHOWS that practically all are manufac-
lures. so that the temporary reduction of
exports to China due TO the unsettled con-
ditions in that country, coupled with the
absence of export statistics for Hawaii and
Porto Rico, fully equals the entire decrease
in our exports of manufactures.
Ia four important articles of our manu-
featured exports, however, there is a ma
terial reduction in the value of exports
In 1901, compared with 1900. These articles
are: Copper, a reduction of S14, 100000; iron
and steel, a decrease of $500, 600, which
is entirely accounted for by the absence
OF figures on the exports to Hawaii. to
which the exports of iron and steel alone
from the United States last year were over
1000, 600; mineral oils, in which there Is a
reduction of S.S00,000 in value, and which
II uur NIlllItiy ~ al IShuCllOn III lHt SA-
port price of oils. the number of gallons
exported having actually increased from
SIT. 599. 1879 gallons in 1900 to $40, 49S. 964 gal
Ions in 1901: cotton manufactures. a re-
duction of IS, 0.OOO, which is entirely due
to the temporary falling off In our exports
TO China. the decrease in exports of cotton
goods to China in 1901, compared with 1909,
being S4,1S3. OtO, or more than the entire de-
crease in total exports of cotton manu-
features. Taking the entire available list Of
exports of manufactures numbering about
zoo distinct articles or classes of articles,
ii is found that so per cent. show an in
crease in value as compared with last year,
while in a considerable number of those
showing a decrease the loss is entirely due
to the reduction i'm price per unit, the
actual quantities being in several cases
grea Ter and the values less than last year.
The following table shows the exports
in 1900 and 1901 of all manufactures in
which the total exports in 1901 exceeded
81, 500, 900: