The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1901-04-25
a REooRp BREAK1Na ZEE.

The fiscal year 1901 seems likely to Elk
coed any preceding year in its record OF
exports from the United States. The
steady growth OF our exports from 1872
million dollars in 1870 to s25 million dol
lars in 1850. 1,O30 millions in 1892 and l.
as4 millions in 1900 has been a subject
Of much attention and much favorable
comment. but 1t seems that 1901 IS to
surpass the record Of the year 1900 and
bring the export figure nearly II not
quite to the billion and a half mark.
The March. import and export figures,
Just completed by the treasury bureau
of statistics, show a total expectation
from the United States in the nine
months ending with March. 1901 of ST.
40, 10, 72s, or $50. 540.O32 in excess Of last
year which holds the highest record in
the history Of our export trade
Another fact developed by the March
figures Of our foreign commerce is THAI
imports seem likely to show a decided
decrease in 1901 as compared with 1900,
while the exports are showing the in
crease above indicated. The figures Of
the nine months ending with March.
1901 show a decrease OF $42, 292, $50 IN the
imports. as compared with those in the
corresponding months Of the preceding
year. Thus the excess Of exports over
imports in the nine months under dis
cussion is more than S100,000000 greater
than in the corresponding months Of
last year and far beyond the figures Of
any preceding year. The excess Of ex-
ports over imports in the nine months
ending with March, 1901. is $40, 6s7, 1877,
as against s411. $50. 666 in the correspond
. Gee
$50. gu 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
benehciaries in this remarkable increase
in our exports, and are in the fiscal year
1901 showing greater gains in their ex-
ports than are the manufacturers. whose
record in 1899 and 1900 showed a greater
percentage of growth than those engag-
ed in agriculture The analysis by the
bureau OF statistics of the March expor-
tatfons of domestic merchandise has not
yet been completed, but that Of the eight
months ending with February showed
an increase Of So million dollars in the
expectation of agricultural products and
but about $4,000. 900 each in manufac-
lures and products of the mines, forests
and fisheries
The reduction in the import figures is
largely due TO the reduction in price of
the materials imported by manufactures
and occurs chiefly in the class Articles
in a crude condition which enter into
the various processes Of domestic indus
try Yet, while the figures of value are
materially reduced the quantities OF
these particular articles imported for
use in manufacturing show little reduce
ton. In India rubber, for instance. the
fail in value Of the imports during the 8
months ending with February, 1901, as
compared with the same months Of 1900
is from 81 million dollars in 1900 to 16
millions in 1901; yet the reduction in
quantity is only from 80 million pounds
in 1900 to 30 million pounds in 1901.
showing that the chief reduction is in
the price rather than the quantity i'm
ported In raw silk the value Of the inn
portations falls 81 per cent while the
quantity falls but AZ per cent. and in
other impOrtations Of manufacturers
materials the reduction in value is
greater than in quantity.