The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1904-03-10
TRADE or olsruRsEo


TERRITORY.
The total commerce Of the territory
fronting upon and Immediately ada
cent 10 the scene of presenl hosiili
tics aggregates. in round terms about
5000 900 Of which considerably
more than one half is imports Japan's
commerce is abou, equplly divided
between imports and exports. but IN
the case of China and Asiatic Russia
imports greatly exceed expor s. ana
this is also me of Hong Kong, which
masses most 81 ts imports on into
china and draws from China most OF
the articles which become its exports
Probably three-nfths of the total com
merce OF the countries In question,
taken as whole. is in the form of
imports. and the United States is year
by years supplying a larger share OF
these imports of the countries in
question and gaining upon other
countries In the relative share which
20 supplies thereof OF The exports
from the countries named the United
S ates is the largest single purchaser.
The tea. the raw silk, he manufac-
tureJ silk. the rice, the mattings. and
O. her products Of this character which
form the bulk Of the exports OF China
and Japan go more largely to the
United States than 10 any other single
country of the world while as TO
Asiauc Russia and Korea their ex-
pors are az present so small as to be
OF ii tie importance IN discussion Of
the commerce of the countries in
question
The more important al the exports
OF The United States to the section
in question are cotton and cotton
goods kerosene. -four, lumber manu-
facmrers Of iron and steel, manufac-
lures Of leather. and tobacco, Raw
cotton exported TO this particular sec
ion of the world goes chiefly to
Japan. and The market in Japan for
American cotton is influenced largely
by the surplus OF cotton in India,
which is Of shdrter staple and there
fore OF lower price In years Of short
supply in India Japan turns to the
United States for is raw cotton, but
in years Of plentiful supply in India a
large proportion of the raw cotton pur-
chases Of Japan are the product OF
Indiu In cotton manufactures China
is the most important customer The
leNports Of cotton manufactures tc
China ia the past year have materially
falleu on. though the reduction in i'm
ports Of American cot.ons into China
lis no greater .proportionately than the
reduction in such imports from othel
countries. This reduction in impoT
tations of Gotten goods In o China b
due in part to the unsettled condi
tons which hae prevailed during th'
wear and in part to the increased i'm
porta ons OF co ton yarn and increas
ed domestic production of co.toi
goods
Kerosene is an even more import
ant item in our exports to the Orient
and IN this article the rade is barely
holding rs own. kerosene from Russi,
and sumatra proving a very ACTIVE
competitor To China the exports o
mineral oils from the United State
huctuate grea ly. ranging an the wa
rcm 20 to So million gallons per an
num In 1901, for example, the iota
was p million gallons; in 1902, .
millions. and "A 1903, about 20 mil
ions To Hong Kong the shipment
are more eady. ranging from 10 q
rs million gallons per annum. II
Japan the shipments also huctuate Il
lscme degree, thJugh no, so greatly a
IN The case Of China. In 1898 h
tofaI IN Iapan was 30 million gallons