The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-15
FALLING OFF IN EXPORTS.
STATISTICS SHOW A LOSS OF $780,
100000.

Treasury Bureau of Statistics Gives
Figures for 10O2-LargeIy Due to
Drought of 1901. which Cut Down
Exports From 176,OOO,OOO Bushels
to 20,OOO,OOO Bushels, and Caused
Reduction of other Food Exports.
Shortage mt Home Cut Down Cat
tie and Beef Exports and Big
Home Demand Kept Iron and steel
mt Rome.
Washington, July Alt is now
practicable TO determine the effect of
the drouth of 1901 upon the export
trade of 1902. The Treasury Bureau of
Statistics has just completed its pre-
liminary figures on the exports of
breadstuffs and provisions and, as
they show about 81 per cent. of the to-
tai 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 corn meal, oats and
oatmeal, wheat -four and other bread
stuffs. 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. The expectation of
corn at the principal ports, shown by
the preliminary report Of the Bureau
of Statistics, amounts to 26 million
bushels in the fiscal year ending June
30, 1902, against 176 millions at the
same ports in the preceding year, the
value for 1902 being $4,000, 900, against
SS2, 10000 in the preceding year, a re-
duction of $50, 200, 900; the complete fig
ures will probably show the total ex-
ports at about 100000 bushels,
against 100000 in the preceding
year. Expectations of corn meal have
also fallen from 100000 in 1901 to ST.
000,0 900 in 1902, making the total re-
duction in corn exports in round terms,
as shown by the preliminary figures,
$6i, 100000 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 213,-
123,421 bushels, while for the year just
ended the complete figures will
amount to about 100000 bushels.
Did Not stop with Corn.
But the effect of the drought upon
the export trade did not stop with corn,
though in this item 1t is most largely
apparent. The reduction in the guam
tity' of corn available for live stock
naturally increased the consumption of
oats and. as a result, the expectation
of oats fell off from 100000 bushels
in the fiscal year 1901 to 10000, 900 bush
els in 1902, and the value from about
$12,000,000 in 1901 to $4,000, 900 in 1902 In
oatmeal expectations fell from 90,000,-
900 pounds in 1901 to 900 pounds
in 1902, while the value fell from 81, 225,-
900 in 1901 to a little over $1,150,000 in
1902. Thus the reduction in value of
the exports of breadstuffs, clearly
traceable to the drought was: Corn
and corn meal $67,000,000; oats and oat-
meal $4,000, 900; total $75, 000, 900.
Two other marked reductions in the
expectation of products of agriculture
are beef, including live cottle and cot
ton. The expectation of live cattle has
fallen from 401 900 in 1901 to 319, 600 in
1902; the expectation of fresh beef,
from 350.000,000 pounds in 1901 to. 300,-
100000 pounds in 1902, and the total
value of cattle and beef products has
fallen from $50 100000 in 1901 to $69, 000,-
600 in 1902, a loss of 100000 In cot
ton the reduction is wholly due to the
reduced prices, the quantity exported
for the year being 1900 900 pounds
greater than in the preceding year,
while the value was $23,000,000 less than
the preceding year.
why Iron and steel Was short.
One other item of exports which will
show a marked reduction during the
last year is iron and steel. While the
total figures of exports have not heen
received by the Bureau of Statistics,
sufficient have been received to Justify
an estimate that the reduction in ex-
ports of iron and steel will amount, in
round terms, to $40, 900, 000 due in a
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 corn meal and oats
and oatmeal $75,OOO,OOO due chiefly to
the drought of 1901; beef and beef cat
tie $l1 ,000,0 900, due to increased home de-
mand and shortage in material for
feed of stock; cattle, $24, 000, 900, due to
reduction in prices; manufactures Of
iron and steel $20 200, 900, due to in
creased home demand and decreased
foreign demand.
Thus in the four items of exports
corn and oats, beef and beef cattle, raw
cotton, and manufactures of iron and
steel, the reduction for the, fiscal year
will amount to about $3.50, 000, 600, while
the total reduction in all exports is
but $90,000,000, thus indicating that the
general exports aside from these four
classes, in which conditions were alb
normal, will show a satisfactory
growth when the complete figures of
a GOV Owe