The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1901-04-27
EXPORTS FOR FISCAL YEAR
WILL BREAK ALL RECORDS.
March Figures show n Decided De-
crease This Year of ImpOrts-In-
creased Exports Help the Farm
ers-ImpOrts Cost Less.

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 10000 in 1870 to $685..
0OO.OO0 in 1850, 81, O30, 100000 in 1892 and
81 1884, 600 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 .5OO,0O0,O00 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
$l,l4O,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 S42 292, $50 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,
COO,UOO 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 $40. 6s7. 337,
as against S4l ,S54 600 in the corresponding
months OF 1900, an increase of SIPS. s32 .67I
IN the net excess OF exports over imports
Tor the nine months OF 1901 as COMPARED
with the corresponding period of the fiscal
year 1900.
The farmers are apparently the chief
oeneneiAres In this remarkable increase in
our exports, and are in the fiscal year 1901
showing greater gains in their exports than
are the manufacturers, whose record in
1899 and 1900 showed greater percentage
OF growth than those engaged in agrieul.
ture. The analysis by the bureau Of stats
ties OF the March expectations of domestic
merchandise has not yet been completed,
out that OF the eight months ending with
February showed an increase of Sss 900, 900
ID the expectation of agricultural products,
and but 100000 each in manufactures
d and products of the mines, forests and fish.
cries.
his check in the growth of the exporta.
tlon OF manufactures is more apparent than
real being due in part to the absence of
statistics OF exports to the Hawaiian isl
IA ba Il Al
hieo 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
Tor the lack Of growth in the figures relat-
ing to the expectation of manufactures.
Values of Imports Less.
The reduction in the import figures Is
largely due to the reduction in price Of the
materials imported by manufacturers. and
occurs chiefly in the class ARTICLES in a
crude condition which enter into the var.
ious processes Of domestic industry Yet,
while the figures of value are materially
reduced, the quantities of these particular
articles imported for use in manufacturing
show little reduction. In India rubber for
instance the fall in value of imports during
the eight months ending with February.
1901, as compared with the same months of
1900, is from 81 10000 in 1900 to sI6.- |
OOO'OOO in 1901; yet the reduction in quan- |
tity is only from 100000 pounds to 3d.
$4,000 pounds in 1901, showing that the
chief reduction is in the price, rather than
the quantity imported. In raw silk the
value Of the importations 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.