Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1902-07-26
EXPORTS FOR 1902
FALL SHORT OF 1901
Last Years Drought Cuts Down
the Foreign Com
merce.
BIG REDUCTION IN CORN
Live Stock, Beef and Cotton Show o
Marked Reduction-Fisures Given
by the Treasury Bureau of
Statistics.

Washington July 1S.-It is now prac.
ticable to determine the effect of the
drought of 1901 upon the export trade
OF 1902. The treasury bureau of sta
tistics has just completed its prelim-
mary figures on the exports of bread
stuffs and provisions and as they show
abou 81 per cent of the total exports,
a reasonably accurate measurement Of
the expectation of articles affected by
the drought Of lest year can now DO
made. The tables show the xports of
quantities and value of corn and corn
meal, oats and oatmeal. wheat -four
and other breadstuffs, also live cattle,
fresh beef n other beer products as
well as other provisions. The direct
and most marked reduction OF course
Is in corn, which was most largely af-
feCted by the drought Of 1901. The eX-
p~ortation of corr at the principal
ports, shown by the preliminary report
of the bureau of statistics, amounts to
20, 900, 600 bushels in the fiscal year end
ing June 80. 1902, against l76, 900, 600 at
the same ports in the preceding year,
the value for 1902 being SIC, 600, 600
against $50, 900, 900 In the preceding
year, a reduction of 500, 900, 900; the
complete figures will probably show the
total exports at about q, Zoo, 600 bushels,
against 1O1 600, 900 in the preceding
year.
Expectations Of corn meal have also
fallen from $1,000, 900 in 1901 to 81, COO, 600
In 1872, making the total reduction in
corn exports in round terms, as shown
by the preliminary figures, SCI 900, 600.
Compared with the fiscal ear 1900 the
reduction is still greater; the corn eX-
ports of the fiscal year 1890 were the
largest in the history of our export
trade, having amounted to 213, l2S, 4l2
bushels, while for the year just ended
the complete figures will amount to
about q, coo, eco bushels.
But the effect OF the drought upon
the export trade did not stop with
corn, though in this item il is most
largely apparent. The reduction in
the quantity Of corn available for live
stock naturally increased the consump-
ton of oats and, as a result, the cX-
portation of pats fell off from 81, 000,-
0O0 bushels IN the fiscal year 1901 to
10, 900, 600 bushels in 1902, and the value
from about $l2,0 coo, 900 In 1901 to $4,000,
coo in 1902. in oatmeal, expectations
fell from 30 OO0,0 900 pounds in 1901 to
90, 600, coo pounds in 1902, while the value
fell from ST. $50, 600 in 1901 to a little
over 81, 800, 900 n 1902. Thus the reduc-
ton in value of the exports of bread
stuffs, clearly traCeable 10 the drouth,
was: Corn and. corn meal $67, 900, 000;
oats and oat meal $50 600; total, $751;
600, 900.
Two more marked reductions In the
expectations Of products of agriculture
are beef, including live cattle, and cot
ton. The expectation Of live cattle has
fallen from 401 900 in 1901 to 319, 600 in
1902; the expectation of fresh beef from
$50, coo, 600 pounds in 1901 to 800, 600, 600
in 1902, and the total value of cattle
and beef products has fallen from $50,
600, 600 in 1891 to 500. 000, 600 in 1902, q
loss of $ll, GOO. COO. In cotton the re-
duction is wholly due to the reduced
prices, the quantity exported for the
year being 100, 0CO. eco POUNDS greater
than in the preceding year, while the
value a $2i, 600, 600 less than the pre-
Ceding year.
One other item of exports which will
show a marked reduction during the
last year is iron and steel. While the
total figures Of eXDOrts have not beer
received by the bureau of statistics
sufficient have been received to justify
an estimate that the reduction in eX-
ports of iron and steel will amount in
round terms to $40, 0O0, 900, due in n
large measure to increase in the home
demand upon u manufacturers, and
in part to the decreased demand
abroad. The principal reduction in
the export trade OF the year will then
stand. Corn and corn meal and oats
and oatmeal, SIS, 00O, O0O, due chiefly tc
n drought OF 1901; beef and beef cat
tie, $11, 900 1000, due to the increased
home demand and shortage in mater.
ial for feed of stock; cattle, $24, 600.
900, due to reduction in prices; manu-.
f~actureres of iron and steel, 500, 900.
600, due to increased home demand
and decreased foreign demand.
Thus in the -four items of exports
corn and oats, beef and beef cattle, raw
cotton, and manufactures Of iron AM
steel, the reduction for the fiscal yea,
will amount to about $3.50, O00, 900, whil
the total reduction in all exports Il
about 500, 600, 900, thus indicating tina
the general exports aside from thes
four classes, in which conditions wer,
abnormal, will show a satisfactor.
growth when the complete fifpres o
the fiscal year are presented.
Exports in the twelve months endinj
Tune 80 We're:
Breadstutts- 19O0-1901. 1901 1906
Barley, bus........... 6,133, 9i2 S,j00,J SO