Arizona republican., 1902-03-03
OUR TRADE
WITH JAPAN
United States OCCupisd Third
Place in 1901
A Steady Increase Over The Previous
Year Not withstanding the extra
ordinarily High Price of American
Cotton.

washington, AaIcn (Sp2clal)- he
recent high price OF American
cotton caused the United States to take
third rank in 1901 in the list of coun-
tries from which Japan drew her i'm
ports and transposed India to the sec
ond place. leaving the United Kingdom
still at the head of the countries from
which Japan draws her inportations.
The December. 1901. statement of the
commerce CT Japan, which has just
reached the treasury bureau OF sta
tistics. shows that the imports of raw
cotton into Japan from the United
States. which amounted to 1,112S3l
pictuls (pictul equals 1893 pGunds), fell
to 43S 432 pictuls in 1901: While the i'm
ports of raw cotton from India in
creased from 766,S47 pictuls in 1900 to
1,667,425 pictuls in 1901. The value OF
the imports of raw cotton from the
United States fell from 27010.1 13i yen
(yen equals 49.S cents in 1900 to T.
9S6,74S yen in 1901: while that from
India increased from 1858, ,925 yen in
1900 10 So 11S,S31 yen in 1901. The aver
age price per picul OF American cotton
imported in 1900 was 24.27 yen, and in
1901 1888 yen; While the price per picul
of the cotton from India was 23 % ven
in 1900 and 22.S6 yen in 1901. 1t will be
observed that American cotton in
creased 16.7 per cent in cost per picul
in 1901 compared with 1900. while India
cotton fell in price about > per cent.
and that the average price of American
cotton was in 1901 23.9 per cent higher
than that of Indian cotton. With an
increase of 16.7 per cent in the price
of American cotton and n decrease in
the price of Indian cotton. thus bring
ing the cost of American cotton nearly
"a per cent higher than that from India.
the result was inevitable marked re-
duction in the imports of American cot
ton and a marked increase in the i'm
ports of Indian cotton.
Notwithstanding. however, the tenn
porary check in imports of this single
article by Japan from the United States
the general imports of that country III
1901 give to the United States a very
satisfactory standing and show that
aside from the abnormal conditions ~
which this single article. cotton, is af-
fected, Japan continues to increase her
demands upon the United States. They
"lso show that the growth in imports
from the United States during the
period 1S90-1901 has been much larger
S4ict-i - ciil any OtlASl NOuIllIN III llt
world. Taking the total imports into
Japan, including both manufactures
ard ray materials the imports from the
United States have grown from 6.S14-
53l yen in 1890 to ~. 76g. I25 yen in 1901:
those from German from 6,S56. 955 yen
in 1890 to 2S, 32G, ,G97 yen. those from the
United Kingdom from 2G.619, lO2 10 So
515.1Sl yen, those from India from 500
SSl yen in 1880 to -, 719, 800 yen in 1901
those from China from S.S49 6S5 yen in
1850 TO 27,256.979 in 1901. Thus while the
United States is temporarily transposed
to third place in the list of countries
from which Japan draws her imports,
by reason of the abnormal conditions in
the price of cotton, the record of growth
is more favorable to the United States
than that of any other country. the
imports OF the United States into Japan
being in 1901 more than six times as
great as in 1890: those from India less
than fiev times as great; those from
Germany four times as great: those
from China three times as great, and
those from the United Kingdom about
twice as great in 1901 as in 1890.
The following table shows the total
imports into Japan from the United
States. United Kingdom. Germany
China and all other countries i'll 1890
and 1901 respectively: