The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1901-04-02
DECREASE IN EXPORTS
to China Have
Decreased 50 per cent

Washington, April THE record
OF eSporiatlon OF manufactures from ti,,
United States ln the fiscal year which
ends Ninety days hence Is not likely to
equal That of the preceding fscn year,
for three quite apr
A The :. ~arent reasons.
With eporters engaged in commerce
'no hawaiian islands are sSw rofus-
'ls to Iunish % tho bnreau ~ statistics
W. statements Of their exports as IN for
wv years holding that their exports
/ Ate ~ lQnger foreign commerce. a,d
.M"t therefore The bureau has no aiftbori-
~ inlie the usual statements which
foreign countries '"f
4ne exports Go Porto Rico are NOW
separately classified audi no longer ln-
clude 10 the general statement of foreign
commerce
- The exports 10 China have tompor-
auly fallen or 0ne-half hy reason of tho
unsettled conditions in that country.
The tot9l exports 60 the Hawaiian is-
lands in tue fiscal yenr 1870. were thirtecn
and "a hmt million dan0rs, and 10 Porto
Rico over four and "a half million dol-
lars, "a total of more than eighteen million
dollars. The shipments 20 portp Rico I'M
the present fiscal year show q large in
NANflHN WNNI ANNN wear ana nIINuIIMNNN
those 90 Hawaii have also Increased. but
neither OF these Us iacludcd in the export
usurps OF our foreign commerce IL ia
apparent that more than twenty million
dollars OF actual shipments from our
sorts in the fiscal year 1901 will not be
included in the general statement OF cx-
ports 10 foreign countries Whof TO this
is added the further fact that the exports
20 China, which in tie last fiscal year
were over tl3IWQ0Q0 Ia value have been
temporarily cuE down ono-half. Il is ap-
phrcEt that the years figures OF exports
% foreign countries VIII not furnish "a
fair or juat basis for comparison on for
measurement OF the general growth OF
our export trade.
The total exports for tho eight months
cnuing With February, 1901 show an I'M
crease or more than s9j ,G0oo0 over last
year but those Of manufactures alone
show but slight increase, and there is
reason 20 believe tha thu recorded total
Of manufactures for the fun fiscal yeai
viii, for the above reasons, fan somewhat
below that Of the preceding year This
IS due 20 the fact that "a large proportion
OF our exports TO Hawaii Porto Rico and
China are manufactures, and that the
apparent reduction for The reasons above
explained IN the Hawaiian aud Porto
kcau figures ana the real reduction I'm
the EXPORTS 90 China by reason OF tenn
por8ry conditions. therefore relates al
most exclusively TO the class OF exports
designated as manufactures.
announcer cundllon Mhich mas tendency
TO reduce tho total value OF exports OF
manufactures is found In the fact that
prices Of manufactured articles ia many
cases have fallen because Of the reduction
In the cost ot raw material from which
they were produced, and that the exporta-
tiOn OF an equal or even greater quantity
supplies Of smaller figure In the statement
Of values by which the export movement
is necessarily measured.
it Is quite probable In view of TIE facts
above outlined that the record az eXnOrtg
OF domestic manufactures In the fiscal
year 1901 may show an apparent reduce
| tion. thought the fact that more than
S20. 90 600 worth Of actual shipments from
our ports which were formerly counted
! as foreign commerce no longer appear
IN thes. statements will account for the
| reduction. which VIII thus be more ap-
parent than real.