Evening star. [volume] (Washington, D.C.) 1854-1972, 1902-07-14
EFFECT OF THE DROUTH
Falling off in the Export
Trade.
SHIPMENTS OF CORN
SALES OF CATTLE AND BEEF PRO-
DUCTS DECREASE.
Preliminary Figures Completed by the
Bureau of Statistics-Compariso
With Preceding Years.
OF CORN

1t Is now practicable to determine the
effect of the drouth of 1901 upon the ex-
port trade of 1902. The treasury bureau
of statistics has just completed its pre-
liminary figures the exports of bread
stuffs and provisions and, as they show
about 81 per cent of the total exports, a
reasonably accurate measurement of the
expectation of articles affected by the
drouth of last year can now be made.
The tables show the exports of quantities
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. The
direct and most marked reduction, OF
course. Is in corn which was most largely
affected by the drouth of 1901.
Expectation of Corn.
The expectation of corn at the principal
ports, shown by the preliminary report Of
the bureau of statistics. amounts to twenty
six million bushels in the fiscal year ending
June 80. 1902. against 176 900 at the same
ports in the preceding year, the value for
1902 being s16.0O0OoO against So 600 900 in
the preceding year, a reduction of SG6,000,-
oNo; the complete figures will probably
snow the total exports at about 1900 go
pusheis against 1Sl 100000 in the preceding
year Expectations of cornmeal have also
fallen from $2,0o0,O0o in 1901 to 81, 80 600 in
1902, making the total reduction in corn
exports in round terms. as shown by the
preliminary figures, S67, 600, 600 COMPARED
with the fiscal year 1900 the reduction is
still greater; the corn exports of the fiscal
year 100 were the largest in the history of
our export trade, having amounted to 213.-
1Zo,4i4 bushels, while for the year just end
ed the complete figures will amount 70
about 100000 bushels.
Effect on Oats.
But the effect Of ha
export trade did not stop with corn. though
in this item it is most largely apnaran+
Inc reduction in the quantity of corn avail
able for live stock naturally increa sod tb,
consumption of oats and as result the
expectation of oats fell off from 81. 900 900
bushels in the fiscal year 1901 to 10 600 600
bushels in 1902, and the value from bout
Sl2oo0oo0 in 1901 to s4oOoOO in 1902 In
oatmeal expectations fell from 90,O00.0O0
pounds IN 1901 to $4,000 600 pounds in 1902
while the value fell from s. 80 900 in 1901
to a little over $1,000, 900 in 1902 Thus the
reduction in value of the exports of bread
stuHs, clearly traceable to the drouth was:
Corn and cornmeal, SG7 900 900; oats and
oatmeal SSUO,O50; total, SO 00oO00
Cattle and Beef Products.
Two other marked reductions in the ex-
portatlon OF products Of agriculture are
beef, including live cattle, and cotton The
expectation of live cattle has fallen from
40l 600 in 1901 to $4,000 in 1902; the expor-
tation of fresh beef. from 3J0, 900 900 pounds
in 1901 to 00O0, 900 pounds in 1902 and
the total value of cattle and beef products
has fallen from $50 900 900 in 1901 TO $50 :
100000 in 1902, a loss of S11 900 900. In cot
ton the reduction is wholly due to the re-
duced prices, the quantity exported for the
year being 16O,0G0000 pounds greater than
in the preceding year while the value was
S2i,ooooo0 less than the preceding year.
Iron and Steel.
One other item of exports which will
show marked reduction during the last
year is iron and steel. While the total ig-
ures of exports have not been received by
the bureau of statistics sufficient have been
erceived to justify an estimate that the
reduction in exports of iron and steel will
amount in round terms, to $4,000 900 due
In large measure to increase in the home
demand upon our manufacturers and in
part to the decreased demand abroad. The
principal reduction in the export trade of
the year will then stand:
Corn and cornmeal and oats and oatmeal
S15,000000. due chiefly to the drouth of
1901. beef and beef cattle. 81 900 900, due
to increased home demand and shortage in
material for feed Of stock; cotton, s24 &C.,
600 due to reduction in prices; manufac-
lures of iron and steel. S20,09o, 900, due to
increased home demand and decreased for
eign demand.
Thus in the four items of exports-corn
and oats, beef and beef cattle, raw cotton
and manufactures of iron and stee-the
reduction for the fiscal year will amount to
about %, 8G0 600 while the total reduction
in all .lports is but about $50, 600 0e0 thus
indie. ing 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.