The Providence news. (Providence [R.I.]) 1891-1906, 1903-06-20
BANNER
YEAR FOR
COMMERCE
Exports and Imports Of the
US. Larger in l9O2.03 Than
During Any Preceding Year.

Eleven months figures OF the treasury
bureau OF statistics. now completed show
that the foreign commerce Of the United
State Will be, in the year about TO
end, the largest in the history OF the
country. Imports Will. for the first time.
exceed a billion dollars, and exports will
be larger than In any preceding year ex-
cept 1901.
The eleven months figures which Jus
tify this assertion show that the i'm
ports OF the eleven months ending with
May were s943. .597. 1874. and the exports
81, ,324, 493. .293. For the twelve months end
ing with MAY imports are H.ol6.12,24S.
and the exports, N,4l3,73377s As the
largest imports In any earlier fiscal year
were 1903 32O. GAS. in 1902. II Is quite APP
parent that the total imports OF the pres
ent fiscal year will exceed those OF any
preceding year, and that they Will also
exceed a billion dollars. since they have
not fallen below 73 millions in any month
OF the past year and are in the eleven
months within 81 millions OF the billion
dollar line.
AS the largest exports OF any preceding
year except 1901, and those OF the eleven
months ending with May were 81, ,324, 49,
293. and the smallest exports OF any
month in the year were IS millions, II Is
apparent that when the month Of June
is added, the export total for the year
will exceed that OF 1900. and will pass
the 81, 400. 900, 600 line.
The largest total commerce by which
Is meant the imports and exports COM
bined. OF any earlier year was that oil
1901, 2,310. .937. .l56. As tho total Imports
and exports for the eleven months end
Ing with May were s2.26s, ,0so. .ss7. and the
combined imports Of the l!ghtest
month of the present year were i62 NH
lions IL is apparent that the commerce
OF the twelfth month added to the total
already shown by the eleven months will
make a grand total exceeding that of
1901. which showed the largest total of
imports and exports combined
IL was only in the year 1872 that the
total commerce first touched the one
billion dollar line and In 1900 ii frst
touched the two billion dollar-line. Run
ming back through the century. IL may be
said that the total imports and exports
OF 1900 amounted to 1s2 million dollars:
in 1880. IA millions: I'm 1850 3l3 millions:
IN 1850 6s7 millions In 1870. 3sS millions.
In 1872 the total commerce for the first
time crossed the billion dollar line, being
for that year, 81. .070. 772663: In 1850 II was
1903 millions and In 1890. l.647 millions
In 1900 IL first crossed the two billion dol
lar-line being in that year 2,2A millions;
lions; and In 1903 seems likely TO exceed
400 millions.
for yourself: see IL she hasn't been as
OF the moro than one billion dollars
worth of imports for the full year. man.
ufacturers materials will form nearly
$500 900. 900 value In the 10 months whose
figures are completed by the treasury
bureau OF statistics manufacturers ma
terials formed 41ts per cent. Of the total
imports and in the latest month avail-
able. April they formed 49.77 per cent.
The percentage which these materials
for use of the manufacturers form of the
grand total Is larger I'm that part OF the
fiscal year whose figures have completed
than OF any preceding year. In 1902
manufacturers materials formed 46.1 per
cent. of the total Imports: In 1900. as
per cent; I'm 1895. ~ per cent: in
81 per cent: in 1890 "a per cent: In
1885, 231 per cent: In 1870 232 per cent. .
in 1860. 264 per cent. and in 1s4o p 2 per
cent. OF the total imports