The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1901-04-26
EXPORTS FOR FISCAL YEAR
WILL BREAK ALL RECORDS.
March Figures show "A Decided De-
crease This Year of Imports-In-
creased Exports Help the Farm
ers-Imports Cost Less.

cfs-lmDOrts tOSt
Washington, April 23-The fiscal year
1901 seems likely to exceed any preceding
year in its record of exports from the
United States. The steady growth of our
exports from 1892, 100000 in 1870 to $780,
100000 in $780, 81 ,O3O 100000 in 1892 and
81 1884 100000 in 1900 has been a subject of
much attention and much favorable COM
ment, but it seems that 1901 is to surpass
the record OF the year 1900 and bring the
export figure nearly if not quite to the
81 00,OO0,O00 mark. The March import
and export figures, just completed by the
treasury bureau of statistics show total
expectation from the United States in the
nine months ending with March, 1901, Of
81 l40,l70,72S, or $S6,540,032 in excess OF
last year, which held the highest record in
the history of our export trade.
Another interesting fact developed by the
March figures of our foreign commerce is
that imports seem likely to show decided
decrease in 1901 as compared with 1900,
while the exports are showing the increase
above indicated The figures of the nine
months ending with March, 1901, show
decrease of $42 ,292 500 in the imports, as
compared with those in the corresponding
month of the preceding year. Thus the ex-
cess of exports over imports in the nine
lonths under discussion is more than $780,
100000 greater than in the corresponding
month of last year and far beyond the fig
ures of any preceding year. The excess OF
exports over imports in the nine months
ending with March, 1901, is $540,6S 1887,
a. against SAL ,S54 ,666 in the corresponding
months of 1900, an increase of $l2S, S32,67l
in the net excess of exports over imports
for the nine months of 1901 as compared
; with the corresponding period of the fiscal
year 1900
The farmers are apparently the chief
benefciaries in this remarkable increase i'm
t our exports, and are in the fiscal year 1901
e showing greater gains i'll their exports than
= are the manufacturers, whose record in
e 1899 and 1900 showed greater percentage
T. OF growth than those engaged in agricul-
a ture. The analysis by the bureau of statis-
= tics of the March expectations of domestic
merchandise has not yet been completed,
d but that of the eight months ending with
IL February showed an increase of $SS 100000
y in the expectation of agricultural products,
and but $2,OOO,0OO each in manufactures
and products of the mines, forests and fish
% cries.
;. This check in the growth of the exporta-
O. ton of manufactures is more apparent than
% real, being due in part to the absence OF
/ statistics of exports to the Hawaiian isl
% ands, to the separation of the trade of Porto
4 Rico from the regular statements of foreign
/ commerce in the returns to the bureau OF
statistics, while the temporary reduction in
the exports to China due to the disturbed
conditions in that country, also accounts
Is for the lack of growth in the figures relat
/ ing to the expectation of manufactures.
i Values of Imports Less.
al The reduction in the import figures i:
g largely due to the reduction in price of th'
materials imported by manufacturers, anC
=, occurs chiefly in the class ARTICLES in
crude condition which enter into the var
- ious processes of domestic industry" Yet
while the figures of value are material,
" reduced, the quantities of these particula
y articles imported for use in manufacturing
show little reduction. In India rubber, TO
=. instance, the fall in value of imports durinl
=, the eight months ending with February
10 1901, as compared with the same months o
= 1900 is from $2l 100000 in 1900 to $40
a 100000 in 1901; yet the reduction in guam
! tity is only from 33,000,000 pounds to 49,
-, 100000 pounds in 1901, showing that tn
20 chief reduction is in the price, rather thai
the quantity imported. In raw silk tn
value of the importations falls 81 per cent
while the quantity falls but AZ per cent
u, and in other importations of manufacturer:
w. materials the reduction in value is create