The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1904-09-17
AMERICAN EXPORTS CHANGING.

Manufactures formed nearly one
9 EhaIf of the exports from the United
States in the month of July. Speak
q ing with statistical accuracy, they
2 formed 1927 per cent of the total do
, nestle exports. For the first time in
!. the history of the United States man
ufactures are exceeding agricultural
products in the expectation of domestic
, products Figures just issued by the
, Department of Commerce and Labor,
through its Bureau of Statistics, show
that in the month of July manufac-
lures exported amounted to 40 million
dollars. against 81 millions of agricul-
turaI products; and in the month of
June manufactures amounted to nearly
AZ millions, against 371s millions of
agricultural products. In former years
agricultural products have greatly ex-
ceeded manufactures in the exports of
the country, and it is only in recent
months that manufactures have equal
ed or exceeded agricultural products
in the export statements.
| Even in the seven months ending
with July, 1904, agricultural products
exceeded manufactures by nearly 100
million dollars, but in the month of
May, 1904, manufactures for the first
time in the history of the country ex-
ceeded agricultural products in the
statement of domestic exports, and this
was again the case in June and in
July. In the month of May, 1904, ex-
ports of manufactures exceeded agri-
cultural products by about 1 million
dollarS; IN June the excess of manu- [
features over agricultural products |
was nearly million dollars; and |
in July the excess of manufac-
lures over agricultural products |
was nearly million dollars. In the |
three months of May, June, and July, |
1904, the total value of agricultural
products exported was $1o6, sos, 1S3, |
while the total value of manufactures
exported in the same period was $780,,
7ss, 769.
the expectation of manufactures is
shown by a comparison of the figures
of 1904 with those of earlier years. The
total value of manufactures exported
in the months ending with July, 1904
is 1886, 495,72S, or an average of more
than 40 million dollars per month. II
the months ending with July, 1908,
the total was $244,607,8 an average
of So millions per month. At this rate
of increase the exports of manufac-
lures during the calendar year 1904
would exceed those of 1903 by about so
million dollars, and bring the grand
total for the year far in excess of any
| preceding year.
While 1T is true, as above stated, that
the exports of manufactures in the
months Of May, June, and July have
exceeded the exports of agricultural
products, it should not be understood
that the total manufactures exported
during the entire year will exceed the
total value of agricultural products ex-
ported. It is quite apparent, however,
that the proportion which manufac-
lures form of the total exports is
steadily increasing and that the pro-
portion which agricultural products
form of the total exports is steadily
decreasing.
| In the fiscal year just ended agricul-
tural products formed a smaller per-
centage of the total exports than ever
| before, falling for the first time below
sixty per cent. In 1880 agricultural
products formed eighty-three per cent
of the total exports; in 1890, seventy
four per cent, and in 1904, 59.4 per
cent. Manufacturers in 1880 formed
ia per cent of the total exports; in
1890, us per cent, and in 1904. 81. 50
per cent. The total value of agricultu-
raj products exported in 1880 was $685.
100000; in 1890. $3.50, OOo, ooo and in 1904.
sS5S,OO0.000. an increase in 1904 of %
per cent over 1850. Manufacturers ex-
ported in 1850 amounted to SOB OOO, 900;
IN 1890, s151,oo000o, and in 1904. 1852
100000, an increase in 1904 of $40 Der
lcent over 1850.
That this change in the character of
the exports Of the country-a move
ment from agricultural products toward
manufacturers due rather to an in
crease in the home production of manu-
features than to any actual decrease in
the home production of agricultural
products Is apparent upon a study of
the statistical tables of the Census Blu
reau and Bureau of Statistics, which