The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1903-11-24
ExoEEDEp BUT ONCE.

Five million dollars a day is a snug
sum for the people of a single country
to realize as the sale of the products of
their farms, factories. forests. fisheries,
and mines. The exports of domestic
products of the United States in the
month of October, 1903, averaged more
than million dollars for every day in
the month"; and for every business day
in the month averaged practically mil
lion dollars a. day. The total exports of
the months, as shown by the figures of
the department of commerce and labor
through it's bureau of statistics,
amounted to $16O,37e.o 59. which would
average more than million dollars for
every day in the month and practically
6 million dollars for each business day
in the month. From the port OF New
York alone the exports of the month
were $51, S67, 942, or nearly million dol
lars for each business day of the month
This expectation in October, amount
ing to 160 million dollars. exceeds that
of any preceding month in the history
of our commerce with the single excep-
ton of October, 1900, when the total was
$l6S, 389, $50. For the ten months ending
with October the total exports were ST.
149, 694, 1888, and for the II months ending
with October the total was 81, 422. SS7, 954
These totals for ten and twelve months,
respectively, are larger than in any pre-
ceding year except 1901 and 1900. in
which the ten and twelve months totals
slightly exceeded those of the present
year.
Imports in October also exceeded those
Of any preceding October, with the sin
gle exception of October. 1902. They
amounted to $s1, 931, COS, or little over
21s million dollars per day. The exports
were, as already shown, over million
dollars per day, thus leaving the aver
age total excess of exports over imports
~ million dollars per day. The total
excess of exports over imports for the
month of October was $7S,439o54, or 81
$50, 292 for each day in the month, or ST.
9O5, $50 for each business day in the
month.
OF this enormous total of $50 millions
of exports, or million dollars day for
each business day. the largest single
item was cotton, amounting to so mil
lion dollars, while the remaining 100 mil
lion dollars was divided among other
farm products, manufactures. the prod
ucts of the mines, forests, and hsherles-
The high prices of cotton during the
past few months resulted in reduction
of purchases abroad in the earlier
months of the year and thus shortage
of stocks, and as a consequence the first
month of the cotton year, October,
showed very large expectation of cot
ton and at unusually high prices, the
average price per pound for cotton ex-
ported being 1O1 cents, against an av-
erage of "a cents in October, 1902; 81
cents in October, 1901; SO cents in Octo-
ber 1900, and cents in October, 1899
A comparison of October exports with
those of October of earlier years Illus
trates the remarkable growth of our
export trade. In 1870 the october ex-
ports were 90 millions; in 1880, 50 mil
lions; in $780, % millions, and in 1900
1853 millions, the largest exports for any
single month in the history of our COM
merce, and in 1903. 100 millions. or more
than in any preceding month except
/ that of October, 1900.