The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1902-05-13
CORN AND EXPORT TRADE.

The United States maintains its posi-
ton at the head of the worlds export
ing nations, despite the temporary re-
duetion in the value Of exports due to
the shortage in corn available for ex-
portation. The export figures for the
nine months ending with March. as
shown by the report of the treasury
bureau of statistics. indicate a drop of
s5s, 6S1 ,957 in the total value of exports.
When it is considered, however. that
the value Of corn exported fell, owing
to the shortage in the corn supply, 81
million dollars below that for the cor
responding period Of last year. and that
cotton, owing. solely to a decrease in
price. fell y million dollars below the
exports Of the same period Of last year,
the entire decrease is more than &C
counted for. Corn exports fell from 146
million bushels in the nine months of
the fiscal year 1901 to "a million bushels
in the nine months of 1902. Cotton ex-
ports increased 344 million pounds, but
owing to reduced prices, fell II million
dollars in the total value exported.
These two items-due in the case Of
corn to the shortage at home caused by
the drouth of last year. and in cotton
to the reduced prices in the markets of
the world-more than account for the
reduction of SO millions in the total ex-
ports.
notwithstanding the reduction of So
millions in exports, the grand total of
domestic exports from the United
States exceeds that of any other coun-
try The figures of domestic exports
for the nine months ending with March
are; From the United States, 81. 062 432, p
1853; United Kingdom, 81 019, 466. 4s7. The
fact that the commercial and fiscal
years of the various countries differ in
dates of termination renders q COM
parison by parallel years difficult, but
the bureau of statistics in it's statement
of exports Of various countries gives
the monthly average of each during the
year or the portion of the year which
its latest figures cover. This analysis
shows that the average monthly expor-
tatiOn of domestic merchandise from
the United States exceeds that of any
other nation, that the United Kingdom
stands second. Germany third, France
fourth, Netherlands fifth and British
India sixth in the list of exporting ma
tons On the other hand, the list of
importing nations shows that the Unit
ed Kingdom stands first, Germany sec
ond, France third, the United States
fourth, Netherlands fifth, and Belgium
sixth in the relative demands upon the
markets of the world.
One especially marked characteristic
Of the commerce of the United States.
in comparison with that of other coun-
tries, is it's large excess of exports over
imports. OF the 80 countries whose av-
erage monthly imports and exports are
shown by the bureau of statistics, only
Y show an excess of exports over i'm
ports. These II countries are Argen-
tina. Brazil, Bulgaria, Canada. Chile,
Egypt, British India. Mexico Russia,
Uruguay, and the United States. The
average monthly excess of exports over
imports in the case of India amounts
to about 8 million dollars and Russia
also has about 8 millions; while that
Of the entire list of countries which
show an excess of exports over imports
exclusive Of the United States)
amounts to but 80 millions per month,
while from the United States alone the
excess of exports over imports is S42,
637 127 Der month