New-York tribune., 1905-04-02
OPEN DOOR BENEFITS.
american Exports to China More
than TrebIed in One Year.
IFaoM TIE TRIBUNE puREAu.l

Washington. April Exports OF cotton cloths
to China from the Cnned States in the first eight
months of the present fiscal yea broke all previ-
Gus records and indicate that total exports to
China IN the twelve months ending June 80 next
VIII reach the unprecedented figure Of 100000.
While to the Orient whole the total will prob
ably approximate $3.50. COO IN value These
clusions are based upon figures just compiled by
the Department OF Commerce and Labor through
It's Bureau Of Statistics. which show that our ex-
ports to Asia and Oceania in the eight months
ended with February, 1906 amounted So. .523 4l2
practically equal to the total shown by the full
twelve months Of the fiscal year 1903 and exceed
ing the total for the eight months of any preceding
fiscal year.
Prior to the present fiscal year our exports to
Asia and oceanie had never reached so much as
S0o,00QoO0. save in the exceptional year 1900 when
the total was Sl0SS5.0s2 compared with $61s267s
In 1897 sS.2S5176 in 1889 SOS O2lS in 1902 and $685.
O2o2s in 1904 while for the eight elapsed months OF
the fiscal year the total has already reached
the unexampled figure OF 92.523.42.
The principal Oriental countries to which this
$925OO.GO0 worth OF merchandise was exported are:
China. S2S.0OOO0O: Japan s260OOOOo: British Aus
tralasia, sl766s.OO0; Hong Kong nearly 100000;
British East Indies 100000. and the Philippines.
about S3,5O0O00.
To China our exports during the eight months
under review show remarkable gain over previous
years, being $2sO0OC0 in the present fiscal year to
date as against s. 100000 for the same period OF
last year Sl55O0.o0O for the corresponding months
Of 1902 and s1O90O.Oco in the same months of 1900.
At the present rate Of expectation total sales
to China will reach fully S4OO0OOOO for the full fiscal
year which ends three months hence. Cotton cloths
contribute more than half the total value Of our
sales TO China 1900 our exports during the first
eight months of the fiscal year amounted TO H0.-
10000 and of this value $4,000 represented the
value of the l88OOo00o yards OF cotton cloths sold
in the Chinese markets. In 1905 our exports to
China show. already stated, for the first eight
months of the fiscal year total OF SIS 600 and
of this SIS 10000 represented the value of the
2609OOcO yards Of cotton cloths exported from the
United States TO that country.
To Japan, which stands second in the purchase OF
American merchandise by Oriental countries.
exports during the eight months ended with Febru-
airy, 1895. also established high record, being
SZ5 e30742 against Si564321 in 1904 SIG 6S345S5 in
1852 and S. les S65 in 1885. the figures in each
relating to the first eight months OF the year
While cotton cloths form the principal item in our
exports to China cotton contributes by far
the largest item in our exports TO Japan, though
the quantity huctuates considerably from year to
year. according TO the level of prices prevailing in
the United States When the price OF American cot
ton becomes abnormally high Japan purchases
large share OF her raw cotton from India. that
cotton being OF shorter staple and therefore
lower in price.
During the eight months ended with February.
1906, the expectation of raw cotton Japan from
the United States amounted 10 6T7S5. SIS pounds,
valued S7.oS7lS5. the average export price being
TO Japan l04 cents a pound and 10 all countries
SO cents. During the corresponding months OF the
preceding year. when the average export price of
lis cents. exports OF that article to
Japan amounted TO but 2O1T7.1u pounds. valued at
llls cents q pound. In 1850 when the export price
averaged but IA cents pound. Japan took during
the first eight months Of the fiscal year u700OOo0
pounds Of cotton. In 1901 the price OF cotton
in the United States advanced to IS cents and
Japan took but 7,666.0oO pounds during the eight
months under review. IN lSU5. when the export
price about cents. Japan took I2 900 pounds
Of the year but in 1904 the export price had
advanced TO II cents a pound that country pur-
io1ver p' prices n the TnIed States
American raw cotton, the exports during the first
than treble the amount exported JhiJher in the
same months OF the preceding year
Otner important items il exports 10 Japan
are; Refined mineral oil. 81. l.47O.O0S in the eight
?Hss m @ oI ri9 d1T s. SS5 T in Is as as ant z 3
6l6 last year sole leather $262 5 in 1905. against
as IN Ss-'9Si iasI year GSaS p @ ana ca5 S @
ures being in each case those for the first eight
alone our exports 10 Japan were $s rs. and
like average for the remaining four months would
year at the high record total OF 100000.
increases
and Japan would seem 10 Justify the expectation
that our total exports 70 the Orient i'll the fiscal
year 1868 viii be BY far the largest record ap-
prOximatng $l40OJJOQQ In value while IL the ship
meuts Hawaii from the United States be in
cuded 4 total Of Sl50.0UOo0 would probably be
reached. For the eight months alone the exports
exceeded by over S23.CQ0,0Q0 those for the CORE
spending period of any preceding fiscal year. being
S52tGOO as against $50 000,c0O the figure shown by
the eight months period of the high record year
If however 10 this S92,523.412 of exports
Asia and Oceania in the eight months there be
added the $I.3159l3. the value of shipments 70
Hawaii from the United States. total sales TO
the Orient during the period named would be prac-
ticay 10000 600 in value, or at the rate of $780,
O00UJ0 per annum.
Considering the Oriental countries in the order of
magnitude OF their purchases of merchandise from
the United States the figures for eight months Of
the present year, in comparison with the CORE
spending period OF the preceding year are: China,
SIS 646 IN 1888, against $l14.5JS in 1904 Japan
Sl7 SIZE against $S461,359 in 1901: Hong Kong
S. in 1905 against $Sl33 40S in 1904: Hawaii
s. 9l3 in 1876. against $99S12S in 1891; Philip
pine Islands S36f9.44 against S3276.733 in 1901
and India and other British East Indies $,O12 S74,
rs against S3,593973 in 1894 The total imports Of
about 81 900 600 600 per annum that our exports
still form but about 10 per cent Of their annual
purchases from foreign countries.
The following table shows the exports OF
cotton to Japan and OF cotton cloths TO China IN
the eight months ending with February of each
fiscal year from 1893 TO 1905;
Exports OF Exports OF
Eight months raw cotton cotton cloths 70
ending with Japan from the China from the
Febrlary- United States United States.
ACKNOWLEDGEMENTS. "S46d66l S1.U62
1895 - 5394 2016,S56