The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1903-06-22
FOREIGN COMMERCE GOING
ABOVE THE BILLION MARX

Washington June 19--(Spec'al)-Ih
foreign commerce Of the United States for
Inc fiscal wear which will end on June
30 will be 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 Justify this assertion show that
the imports of the eleven months ending
with May were $9l3 597l94 and the exports
81. 324. 493. 293 For the twelve months end
ing with May the imports are $lol6d2'- as
and the exports. 81. ALB 733,1'6 AS the larS-
est imports in any earlier fiscal year were
1903 800, 9iS in 1902, 1t is quite apparent that
the total imports of the present fiscal year
VIII exceed those Of any preceding year
and that they Will also exceed $1,000 0eG~'
since they have not fallen below %3,-
100000 in any month Of the past year and
are in the eleven months within $51oo0'0o
of the billion dollar line. As the largest
exports Of any preceding year, except
1901 were $685. 4SS.0 l2, in 1900, and those
OF the eleven months ending with May
were 81. 81, 1873 1913 and tho smallest exports
of any month IN the year were $SS.Qo0. 900.
1t Is apparent than when the month OF
June IS added, the export total for the year
viii exceed that Of 1900. ana will pass the
81 400 600 900 line. The largest total com
merce (by which IS meant the imports and
exports combned) Of any earlier year
was that Of 1901, $3.50 937 156 As the total
imports and exports for the eleven months
ending with May were s., 26S $50, 49, and the
combined imports and of the lghtest
month of the present year were Sl62 00o,-
900 1t is apparent that the commerce or
the twelfth month added to the total al
ready shown ny the eleven months Will
make a grand total exceeding that OF l9ol
which showed the largest total imports
and exports combined,
it was only In the year 1872 that the
total commerce first touched the 81 0ooo 0o,-
600 line and In 1900 1t first touched the
s., 600 600, 900 line Running back through
the century, 1t may be said that the total
imports and exports Of 1890 amounted to
sl62. 900 O0O in 1890 $4,000 coo; in 1850, $31S,
600 000 in 1860 $6S7 600 00o in 1870, SS2S, coo,
900 In 1872 the total commerce for the
first time crossed the billion dollar line,
being for that year $l,07o. IT, 663. In 1880 It
was 81, SOB 000 600. and in 1890, ST. 100000.
In 1890 it first crossed the two billion dol
lar line, being in that year 1924 600; in
1901, S2311 100000; in 1902. $3.50. 900 900; and
in 1903 seems likely to exceed $500
100000
OF the more than one billion dollars
worth of imports for the fun year, manu-
facturers' materials viii form nearly $500
900 value. In the ten months whose
figures are completed by the treasury
bureau of statistics, manufacturers ma
terials formed a ~ per cent of the total
imports. and in the latest month available,
April. they formed 1917 per cent. The
percentage which these materials for use
of manufacturers form of the grand total
is larger in that part of the fiscal year
whose figures have completed than of any
preceding year IN 1902 manufacturers
materials formed 461 per cent or the total
imports; in 1860 49, per cent; in 1898, 420
per cent in 1880 81 per cent; in 1890. 81. 3
per cent; in 1889. 331 per cent; in 1870, 2S2
per cent in 1860 264 per cent; and in
1910. 2i.2 rer cent of the total imports.
Commerce in Philippines.
The condition of commerce in the Phil
ippines during the twelve months ending
December, 1903. as compared with figures
for the previous years of American occu-
patton is shown in interesting form by the
annual review of import and export fig
ures about to be published by the insular
bureau of the war department.
In the comparisons the general result
indicates a steady increase in the volume
of trade, imports during 1902 being greater
than ever before the value of purchases
amounting to So, $40 1876, as against $50 1872
All in 1901, which figures are exclusive of
gold and silver and large quantities of
material bought in this country and pass