New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-07-04
.CT0RIES ACTIVE.
Exports Of Manufactures Exceed
Those Of agricultural Products.
IFHoM TuE TnIBUNE BUREAU. !


Washington. July 3.-Mauufactures and manu-
tacturers' materials form unusually important
/factoT On the figures Of American foreign com
meroe IN the month Of May, and. indeed, in those
OF the entire fscal year For The first time In the
history OF American foreign trade the value OF
.aaru@acij:res exported IA THE month 9: May eN-
oeeCed that OF agricultural products Tho total
value Of manufacture exported a. Ny. 1904, was
sssE5i5s. scGius, Sa..SLs,s, ttc value Of ayr
c-ltusai products exported. Ordinarily the value q
Agricultural exports is more -haa twice as great as
that OF ;oauulact.res cs ported.
There sas het1 only cne complete fiscal year -
the history ~ tie co1-ry's export trade in which
the tota. exports 90 UsE-- ares were even hai
ss rvcat - tie total exports Of agricultural prod
acts "a 1870 enc value ~ mauufae tures exported
Nae S4s2 ,--5 c.5 ~ ltursl products SS5S5'-
10. so thar iu taal particular year the value of
Tpouufactt.res exported WAS little more tLan one
haif that OF aEsll cultural products exported, but
never before had manufactures equaiiod or e@-
oc,ced Tie value Of aercul,ural products in Ameri-
can figures OF domestic exports.
This prepondorauoe Of manufactures IA the OK
ports does not by any means hold good Tor the en-
tire fiscal year. the total Of manufactures exported
in the eleven months ended with May. 1914, being
only lte than half the total Of agricultural
SSd1rss xoorte 1 scfDaii t5e6 .icultral
products exported by more than 100000.
features IN the foreisn trade IS thar ia the month
- .leg ~. iI;5
came witnin traction or per, cent OF eqaaling
that OF ali other articles imported The total value
v
$50, 665.215. and OF all other articles imported
SALES 535 the percentage which nauufac urcrs
materials formed Of the total imports OF the
being thus 4S. 03 per
These records % the exports OF May indicate
great activity the part OF the manufacturers OF
the United States. OF raw material imported for
use IN manufacturing the total for the month II
NAY was S5Qo000 In excess Of May, 1893, while for
the eleven months ended with May the total
only Sb,oio,O00 below that Of the C0TTesp OndiuE
months Of last year-a year IN which imports Of
manufacturers materials exceeded by more than
S50,OO,0Oo those OF any earlier year. IN partially
manufactured materials for in TnaIufa curing
AZ - az al
from Slse W0 in the eleven months ended with
Nay. 1893, TO S25O0CeO IN the corresponding months
ended with May, 1904; but IN materials the drop
IS only from 1901 000000 ia eleven months ended
with May, 1908 70 S2 100000 in eleven months ended
with May, 1905.
1t Is now apparent that the exports Of manu-
features for the fun asca year VIII exceed those
any preceding year IN the history of American
commerce. IN the eleven months ended with Nav,
1904 they amounted 10 $500 oo0 in round terms,
and as the single month II May showed q total eX-
portRtion Of SSS000Go0 Il IS beyond question that
June Will add sufficient amount 10 hiring the total
Tor the year past the high water mark Of 1888 SOL .5
made IN 1900.