New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-07-22
1--WE FOREIGN connERcE.

Imports Of merchandise during June main
taIned the remarkable movement established
earlier in the year. exceeding the corresponding
month Of 1901 by S4.30O447. while all records
were eclipsed during the fiscal year with an ag-
gregate value OF 1907 oil .3Os. II this total was
mainly due TO purchases abroad Of goods that
could be produced I'm this country. the exhibit
would not be encouraging, but more than a
third Of II was for crude materials for manu-
facture AID nearly fourth Of articles Of foods.
chiefly coffee, which is not grown here at all,
and sugar Of which the domestic output is
comparatively small YETI although increas-
ing. LuKuries, such as tobacco. jewels and
costly works OF art form another large per
centage Of the whole, testifying 20 the pros
porous condition Of this nation which can afford
to buy so freely OF these expensive wares.
While the exports for June appear unsatis-
factorily small. the loss is found 10 be I'm those
lines affected by special Influences and does not
indicate failure 10 hold foreign markets. Last
| years short crops and the reduction in avail
able supplies OF certain farm products naturally
reduced shipments abroad. especially as do
nestle needs have continued undiminished. But
| in lines unaffected by abnormal conditions the
outgo has been fully maintained, notably in
manufactured goods, for which domestic max
ers have secured firm hold on the markets of
| the world. Owing to agricultural losses how
ever, the months exports decreased $l3519 IA
in value, as compared with the corresponding
| month last year. and for the first time since
July, 1899, months exports fell below sIOO-
100000
Exports OF the great staple products are al
ways comparatively light in June but last
| months record was exceptionally Door II is
| necessary to go back 10 July, 1898 TO find
smaller monthly aggregate than the Si0627 lS2
In NTH ~.
month last year there appears a decrease of
| $15,759330 of which breadstuffs alone pro-
vided SlO,3D3.667. AS might be expected the
| loss heaviest in corn, Of which exports
were scarcely more than per cent of last
| years to quantity and about \ per cent in
value. S421 ,202, against ST., 263470 in June
| 1901. In wheat the decrease 81. 039 So and
| including flour. the cumulative loss was 1912
66I bushels. Despite the declines of the last
few months the total OF wheat and flour for
the fiscal year far surpassed all previous rec
| ords at 232,GS4,4 400 bushels. High prices for
cattle and provisions caused sharp reduction
| in the volume of foreign purchases the former
falling 81 %, 1897 and the latter S292693 The
decrease in quantity was of course proportion
ately larger. Cotton shipments We're also much
| smaller in size. but, owing to an average adj
vance OF S. a bale In price. the fall in value
was only $1.506.670. Exports of mineral oils
were the exception in this class increasing
| ll,63S,667 gallons in quantity and $500 339 in
value.
The combination of larger receipts and smaller
shipments naturally makes the net balance IN
this country's favor unusually smalI-S16 $40
1885, against $34, 369,G06 in June 1901 and
| $47, $50 two years ago. The movement or
specie was light, only 1868. 100 in gold going out
AGAINST $5.344.s44 year ago. which is ex-