New-York tribune., 1902-10-16
EXPANDING FOREIGN TRADE.

~AL iNHiNE fOhEIFN TRADE.
September statistics Of imports and exports
VIII not prove satisfactory reading for the
calamity howlers who have been prophesvinr a
declining volume Of foreign commerce. and Of
fering wholesale tariff reduction as a panacaa
The Official report is so remarkable as to call
for careful examination particularly I'm regard
10 exports Shipments Of merchandise during
the month Of September were valued al S1I5
52l.9S4. which largely exceeds every month
since January and shows gain ~ IS 30 O.S
over the same month last year This is the first
time the figures Of 1901 have been sllrua sses
this year. abnormal conditions in Few indus
tiles having interfered with exports heretofore
Even now the movement OF corn is light but a
year ago the effect Of a short crop and high
prices was beginning to be felt exports amount
ing to only 3.O67.O76 bushels compared with
i've times a much IN normal years only
321,6i3 bushels went abroad during September.
1902, more than 10 per cent Of last years move
ment which is a decided gain compared with
preceding months. The showing for October will
be still better and by the end Of the year il is
probable that normal outgo will be reached
In other products Of farm and plantation there
was liberal movement and the total value Of
the great staples exported was $7,SG5 q9S larger
than in September, 1901, leaving moderate in
crease over last years shipments as 10 manu-
featured products. Notwithstanding the phenom-
email domestic demand. 1t is in this light that
the increase is especially gratifying. There would
De little occasion for national pride IL home
markets were dead and large sales were made
abroad by big concessions in prices in order 10
dispose Of surplus stocks But at present there
Is no such condition Of burdensone supplies
On the contrary. domestic trade is active and
foreign customers are frequently ignored. while
purchases of raw materials and partly manu-
featured goods abroad were so large as To make
the total imports during September reach the
exceptional total value Of SS7 S19 TO7 COMPARED
with the months exports this shows decrease
Of $2TIO2.277 but compared with other high
records Of imports it is found that an were sur
passed with the single exception Of April. 1897
when goods were being rushed in regardless ~
needs, IN order 70 anticipate the higher tariff
ABOUT 10 take effect Compared with the same
month last year. imports increased $50 992 S94
or nearly one-third. Special conditions in tho
IRON ana steel industry account for part Of
TINS gam and the movement Of coal will in
crease the current months figures
Inc most striking increase over last wears a,
ports occurred in cotton, which matured ynrcb
earlier than usual, and was freely taken nv for
elgn mills During September the outgo reached
O""5 bales. valued at $29. 9.930Sl5. compared
'-N'- ""-''"~ pdies last year, worth SIG 4!)S of6
Ihere was a slight increase in average exnort
price or two-hfths of cent a pound Instaad
OF the decrease of more than one-half that an
peared IN the August comparison Of wheat ana
Hour exports there was "A gain of oyer ,v,o
million bushels but for three months tbar. :,
sun decrease Of about twenty million brsboIa
compared with last years UNPARALLELED ht,
ments. Prices Of meats are stiu bevora ~
feach OF many foreign consumers live stocl -,
ports falling off about $1.OOOOO0 IN VOL.
and provisions $4,25OO0O although axpor,s -
september, IDOL were not especially heavy. ON
the olher hand, last years outgo of natro1o,,,,,
was phenomenal, so that the decrease of on
VOV'V0o gallons is in part explained. The los, -
value was 81, ,SS3.599 ''S III
Although silver bullion has been avaroe,,u
close 10 the lowest price on record tba 80
ol exports was almost equal TO last vear,s -
ui0@''ls d considerable increase in quantity sen,
OUT Ihere were less than the custopar,, a.,
ports OF gold only S3,Ol2. 800 being rece,,,a5
against Sll'9O5'43l last year. On both r,er'
oH@nolse ana specie movement foreign credits
We're increased during September so7 40 S-e
against sS1.O6O.5OO last year. T-'''s-'''O'