Barre evening telegram. (Barre, Vt.) 1898-19??, 1902-08-11
ANNUAL TRADE REPORI
Record of Foreign Commerce FOR f'S'
cal Year Of 1902.
IMPORTS VERSUS EXPORTS
shortage In Corn Crop '"""
proueht. Cut Down Our eon'
button to the Outside ""F'~
Az to Raw Materials, ETC.

Washington. Aug. 1.-THE story o.
our foreign commerce III the As."
wear 1902 is told in outline IN the opvD
inc mage of the annual report OF tne
chief of the treasury bureau OF s'a
tistics as follows: .a
The foreign commerce of the lhl'eu
States in the fiscal year l'N'- was nv.
than in any year of its history eAeeps
1901. Compared with 1871 there was
reduction of about $l0G,oooooo II, e.
norts and an increase of about 49,
600 600 in imports. The reduction ~
exports was chiefly due to the sllo'''
age in the corn crop of l9ol' lhe re-
duction in the price of cotton ana an
unusual home demand for iron anu
steel manufactures. The increase III
imports was chiefly due to larger DE-
mands for foreign materials for use III
manufacturing.
The shortage of the corn crop OF
1901, due to drought, reduced the corn
expectations in the fiscal year 1oo-
$50 OOO, 900 bushels below those OF l9ol
and caused reduction of $6I, oOo,ooo
in the value of corn expectations. Inc
export price of cotton averaged ABOUT
a cent pound below that of the pre-
ceding year. and, although the ex-
portations exceeded in quantity those
in 1901 by about 1700o0,0oo pounds,
the total value of the cotton exported
fell nearly $23,OOO,O0O below that OF
1901. In iron and steel the increased
demand at home. coupled with ap-
normal conditions in the foreign mar
ket caused a reduction of about Sl9,-
100000 in value of our exports of that
class of manufactures.
Increase In ImpOrtatiOns.
In importations there was an in
crease of $7O,O0O,00O in material for
use in manufacturing, $2O,U0,OOO in
manufactured articles ready for con-
sumption and $12,OOO,000 in articles
of voluntary use, luxuries etc, but a
decrease Of 100000 in foodstuffs.
Importations of raw materials for use
in manufacturing amounted to $685.
100000, which was $5S.0O0,00O in eX-
cess of the preceding year, and of arti-
Giles partly manufactured for use in
manufacturing the imports were SOL
100000, an increase of $12,OOOOOO.
This brings the total importations of
manufacturers materials imported far
above that of any preceding year in
the history of our commerce and in
dustries.
che chief reduction in the exports Oc-
CURED in the commerce with Europe.
Compared with the fiscal year 1901
the total exports to Europe fell off
$l2S,O0O.G00 and those to South Ameri-
ca $6,00O,0OO, while those to North
America increased S7.OOO,OOO. to Asia
and Oceania $13.OOO,OOO and to Afri-
ca $S,oOO,000. The reduction in the
exports to the United Kingdom was
$S3.OO0,000, to Germany $4,000. 600,
to the Netherlands S9OOO,OOO and to
France, $7.O0o,OOO.
Reduced the Quantity of Beef.
These conditions, coupled with the
increased demand of the home mar
ket. also reduced the available quaint.
ty of beef and beef cattle for exporta.
ton and caused an advance in the
price of beef, and the expectation of
beef and beef cattle fell off about $40 :
100000. Thus the falling off in corn
and cornmeal, oats and oatmeal and
beef and beef cattle amounted to near
ly $oO,O0O,OOO. OF the $4,000, 600 re-.
duction in the exports to the United
Kingdom about $31, 100000 was in
corn, $11,000,000 in cattle and fresh
beef, $5,OO0,000 in oats and over $40
100000 in cotton, although the quanti-
ty of cotton exported to that country
Increased meantime about 5000 GOO
pounds as compared with the wear i'm.
mediately preceding. OF the $4,000.
600 reduction in exports to GERMANY
S14,0OO.OO0 was in corn and about 81 =.
100000 in cotton, although the ouanti-
ty OF cotton increased about IS. OoO NoO
pounds as compared with the wear i'm.
mediately preceding. To Asia. Africa
and North America there was q de.
cided increase in expectations.
Manufacturing Figures.
The increase in imports, as alreadv
stated. was chiefly in manufactured,
materials, which formed larger ~
tai than in any preceding year in tho
history OF our commerce and indus.
tries. The total importation of NAM
facturers' materials amounted To Sa1u
100000 or $7O,OOO,OOO more than ~
1901, and formed 46 per cent Of tho
total imports against ~ per cent in
1901. OF this $4l9,O0O,OOO of NAM
facturers' materials imported the VALVE
Of $32S, 00O,0 900 represented articles ~,
a crude condition for use in mannfoa
turing and $91, 100000 articles portlv
Or wholly manufactured for use ~
manufacturing.
OF the $32S, 100000 worth of rou
materials imported for use in MAN.,
featuring the principal articles were.
Hides and skins, $5S,OOO. 600: nv,
silk, S42,00o.0OO; fibers, $50, 00o ooo.
rubber. $50, 600 900; copper, $50, ooo on".
wood and lumber, $40, 600: wo v'
s1S,0O0.OOO; tin, S19,000,OOO; toha
s15, 100000; cotton, $12,OOO.OOO Will
chemicals, which are chiefly used ~
manufacturing, amounted to s5s0oo
700. N''