The Washington times., 1902-05-05
united STATES LEADS
THE WORLD IN EXPORTS
Head of the Nations Despite
Shortage in Corn.
TREASURY BUREAU FIGURES
Statistics for Nine Months Show Falling
Of of S5a,68I I,es7-Cotton Dropped OF
Twelve Millions, Owing to Decrease in
Prce-Increase in Humber of Pounds.

The United States maintains its position
at the head of the worlds exporting ma
tions. despite the temporary reduction In
the value of exports due to the shortage
in corn available for expectation. The
export figures for the nine months ending
with March. as shown by the report of
the Treasury Bureau of Statistics, indi-
cate drop of s5S,6s1, ,957 in the total
value Of exports.
When 1t is considered. however. that
the value of corn exported fell: owing to
the shortage in the corn supply, 52.OO0.-
0C0 below that for the corresponding
period of last year. and that cotton, ow-
ing solely to a decrease in price. fell
sl2,0O00oO below the exports of the same
period of last year, the entire decrease is
more than accounted for.
Corn exports fell from 1is0GO. 900
bushels in the nine months of the fiscal
year 1901 to 2i,e00,OOO bushels in the
nine months of 1902. Cotton exports in
creased 5iI,000.000 pounds, but owing to
reduced prices. fell SIP ,000. 600 in the total
value exported. These two items-iue in
the case of corn to the shortage at home
caused by the drought of last year. and
in cotton to the reduced prices in the
markets of the world-more than account
for the reduction OF $4,000. 900 In the total
exports.
Leads the Nations.
Notwithstanding the reduction OF S5a.-
100000 in exports, the grand total of do
nestle exports from the United States
exceeds that Of any other country. The
figures OF domestic exports for the nine
months ending with March are: From
the United States. S1.o62, ,i32,15s; United
Kingdom, sl.0ls, ,466. .437.
The fact that the commercial and fiscal
years of the various countries differ in
dates OF termination renders a 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. BY this process il is
practicable to show the relation Of the
various countries in the supply which
they furnish to the markets OF the world
Average Monthly Expectation.
This analysis shows that the average
expectation of domestic merchan-
disc 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 export
ing nations. On the other hand, the list
of importing nations shows that the
United Kingdom stands first, Germany
France third, the United States
fourth, Netherlands fifth. and Belgium
sixth, in the relative demands upon the
markets Of the world.
Exports Greater Than Imports.
One especially marked characteristic OF
the commerce of the United States. in
with that of other countries,
is its large excess of exports over i'm
ports. OF the thirty countries whose
average monthly imports and exports are
shown by the Bureau OF Statistics, only
twelve show an excess of exports over
imports. These twelve countries are Ar
gentina, Brazil, Bulgaria, Canada Chile
Egypt, British India. Mexico, Russia, Uru-
quay, and the United States. The average
excess OF exports over imports
in the case of India amounts to about !
81, 100000. and Russia also about s. .OOO.- |
BOO, while that OF the entire list OF coun-
tries which show an excess of exports |
over imports Exclusive of the United |
states) amounts to but s3S, 100000 per |
month, while from the United States alone |
the excess Of exports over imports is si2,- |
S37, ,127 per month.
A Comparative Statement.
The following table shows the average |
monthly imports and exports of the prin-
,ipal countries of the world during that |
part of the fiscal year for which figures
nave been received by the Bureau OF Sta
.istics: