The Washington times., 1902-07-14
Treasury Tables Show
Quantities and Value of
Many Products.
BIG REDUCTION IN CORN
Decided Falling On in Iron and Steel
General Market Will Point to Salts
factory Growth When Complete Fig
u1es of Year Are Presented.

It is now practicable 10 determine the
effect Of the drought OF 1901 upon the
export trade of 1902 The Treasury Bu-
reau of Statistics has just completed its
preliminary figures on the exports of
broadstufTs and provisions, and. rs they
show about .. per cent of thc total ez-
ports, reasonably accurate measure
ment OF the expectation of articles at
fected by the drought of last year can
new be made.
Tho tables show the exports Of guam
titles and value of corn and cornmeal
cats and oatmeal. wheat flour. and other
breadstuffs. also live cattle. fresh beef,
and other beef products. as well as
other provisions.
Reduction in Corn.
The direct and most marked reduc-
tion, of course. is in corn, which was
most largely affected by the drought of
1901. The expectation of corn at the
principal ports. shown By the prelimi-
nary report of the Bureau of Statistics.
amounts to 26.OOO,O 900 bushels in the
fiscal year ended June 80. 1902, against
17G,009. GOO at the same ports in the
preceding year. the value for 1902 being
s16. .0OG ,0O0 against $50 ,OOo, 900 in the pre-
ceding year. reduction of S66.0c0,e COO:
the complete figures will probably show
the total exports at about 1900. 900
bushels, against 1s1.C00,0oc in the pre-
ceding year.
Expectations of corn meal have also
fallen from s., GOO, 600 in 1901 to $1,000. 600
in 1902, making the total reduction in
corn exports in round terms, as shown
by the preliminary figures. SCI, ,OO0,0 900.
Large Export Trade.
Compared with the fiscal year 1900.
the reduction is still greater; the corn
exports of the fiscal year 1900 were the
largest in the history of our export trade,
having amounted to 213123. .4l2 bushels.
while tnr the year just ended the COM
plete figures will amount TO about a..
coo. GOO bushels.
But the effect of the drought upon the
tADOTl lIdut dsu hOl sup Will IOi Il,
though in this item it is most largely
apparent. The reduction in the guam
tity of corn available for livestock nat
urally increased the consumption of
oats. and. as a result. the expectation of
cats fell off from 37,OOO000 bushels in
the fiscal year 1901 to 100000 bushels
in 1902, and the value from about sl2,-
600 600 in 1901 to 81 ,0O0. 900 in 1902
in oatmeal. expectations fell from 90.-
600 GOO pounds in 1901 to 50, ,000. 900
pounds in 1902. while the value fell from
81 250.000 in 1901 to little over l.5C0,-
0C0 in 1902. Thus the reduction in value
OF the exports of breadstuffs, clearly
traceable to the drought. was: Corn and
cornmeal. s67 GEO. 600; oats and oatmeal,
S, ,00e,oOn. Total, sT5,Oo00O0.
Expectation of Cattle.
expectation of products of agriculture
are beef, including live cattle. and cot
ton. The expectation of live cattle has
fallen from 4Oi 900 in 1901 to 319. .0u0
in 1902; the expectation of fresh beef
from $50 0O0. 600 pounds in 1901 to 30o.-
value of cattle and beef products has
fallen from $50. OOO, 900 in 1901 to $685.
600 600 in 1902, loss of 81 GOO, 900.
In cotton the reduction is wholly due
to the reduced prices. the quantity ex-
ported for the year being 10000, 900
year, while the value was s23, GOO, 900
less than the preceding year.
One other item of exports which will
.b rlr al 1,,r - Loo
year is iron and steel. While the total
figures of exports have hot been re-
oeived by the Bureau of Statistics,
sufficient have been received to
Justify an estimate that the re-
duction in exports OF iron and steel
will amount, in round terms, to $40. 600. =
600, due in a large measure to increase
ir the home demand upon our manu-
facturers. and in part to the decreased
demand abroad.
Increased Home Demand.
The principal reduction in the export
trade of the year will then stand: Corn
and cornmeal and oats and oatmeal.
s75. 900 OO0, due chiefly to the drought
o. 1901; beef and beef cattle. 81. 900, 600
due to increased home demand and
shortage in material for feed of stock:
cotton, $2i 100000, due to reduction in
prices: manufactures of iron and steel
$50, 900 900, due to increased home de
mand and decreased foreign demand.
Thus in the four items of exports
corn and oats. beef and beef cattle. raw
cotton, and manufactures of iron AMI
steel-the reduction for the fiscal year
will amount TO about sl3O, ,O00, COO. while
the total reduction in all exports is but
about s9O000,000, thus indicating that
the general exports aside from these
four classes, in which conditions were
abnormal. will show a satisfactory
growth when the complete figures of the
fiscal year are presented.