New-York tribune., 1901-12-23
NO REAL REDUCTION N EXPORTS.
THE APPARENT DECREASE IS DUE TO
LOWER PRICES AND ABSENCE
OF DATA.

Washington Dec. % (SpeciaD.-That the reduction
in expectations Of manufactures is largely due 10
reduced prices and absence of data on the coF1-
merce with Hawaii and Porto Rico is apparent
from figures just compiled by the treasury
Bureau Of Statistics The reduction in the total
value of exports of manufacture is. has ALREADY
been stated, chiefly in iron, steel, copper ana min
eral oil. The reduction in mineral oil now amounts
10 about IS 0000D0 the eleven months ending with
November, while in quantity exported there mas
been an actual increase of seventy million gallons
as compared with the eleven months of 1900 In es-
ports of wire in the months ending with Octo-
Der the value of the exports shows decrease
while the quantity in that time increased over
eleven million pounds compared with the same
period of last wear In locomotives there is an IN
crease in the number actually exported and d oe-
crease in value amounting to nearly s5oo"e. Or oar
iron the average export price a pound IN the zen
months of 1901, compared with the corresponding
months of 1900, shows a decrease of :" per cent
wire rods decrease in price a pound OF over 81
per cent; blets ingots and blooms over L per cent
reduction price; steel rails, reduction OF 1" per
price tin plates. reduction OF 70 per
cent price a pound structural iron ana Steel ;
per cent cut nails II per cent: wire. Is cent
and articles of iron and steel show about the
of reduction in prices per unit OF quah'-
ty Among all the articles of iron and steel eXorte
in which quantities as well values are given ana
an opportunity thus afforded TO determine the ex-
port price pound, about three -fourths OF them
show reduced prices for each unit Of guanuty the
The fact that of the merchandise sent 10 IIS
Hawaiian Islands or Porto Rico has been ineluGfeo "a
the statement of experts to foreign countries doo
takes from the statistics OF mapufactGrss =
ported $4,000 600 which would be inclqoeo II
the methods followed in former years when raw az
and Porto Rico foreign territory were applleai
the present time. Estimates by the 3 bureau @ q
Statistics based upon statements obtained regaro.
ing Shipments between the United States and these
islands in the present year put the value OF the e
ports Hawaii in the ten months endlng " NioIi -
October at about S24 1900. and to Porto Rlco a.
SIS 100000 making it apparent that our exports ~
those islands in the months in question amour
70 about S3O000.or0 while an examination OF lne
class of merchandise exported TO them IN lollLel
Years indicates that more than one-half is manu-
factures This would indicate that considerape
share of the apparent reduction in exports OF
features is the absence of statstics OF SNIP
ments of anufa ctures those Islands the expol g
to which were formerly included IN the statements @
~ foreign commerce. Add to this the facts SHOWN
in tbe above statement regarding the reduction IN
export prices of iron and steel and mineral OIL ana
large proportion of the apparent reduction IN eA-
7orts of manufactures is accounted for
The tables which follow, prepared py the IFeds,
11rv Bureau Of Statistics, show the quanuts, anu H
value and the export price per unit OF quaattLy IN ~
1900 and 1901 also the percentage or reductlon ~
price per unit of quantity in those ma anuiactureS
iron and steel IN which the export statement III
cludes quantities well as values: