Arizona republican., 1907-08-26
WHY EXPORTS
 ARE GREATER
Largely On Account of Ad-
 vanCed Prices
Some Facts and Figures Gathered by the Bureau
 of Statistics.

Washington. Aug. 25.-The advance in prices, which is to a considerable extent responsible for the large in- crease in the total value of imports in recent years, is apparently also re- sponsible in some degree for the in- creased figures of the value of ex- ports. An analysis recently made by the bureau of statistics of the imports of 1907 compared with those of 1899 showed marked advances in prices of imported articles and that this ad- vance in prices per unit of quantity is largely responsible for the increase of over 100 per cent in the total value of imports into the United States since 1899. A like analysis of the exports just completed by the bureau shows also a marked advance in prices of the great articles forming the export trade. and indicates that, while there have been material increases in quantities exported, the growth of domestic ex- ports from 1.2O4 million dollars in 1899 to 1854 millions in 1907 is due in no inconsiderable degree to advance in prices of the articles forming that trade.
 In attempting to determine this question of the relation between high CT prices and the increased value of imports and exports the bureau of sta- tistics has included in its calculations every article in which quantity and value are shown. both in the imports and in exports. and is thus able to de- termine the percentage of increase in
 .ol. ~T .r- l. over 1899. the year 1899 being selected for comparison because imports have just doubled in value since that date. while exports have increased about 50 per cent in value in the same period.
 While the detailed statement pre- pared by the bureau shows the ad- vance in prices per unit of quantity in hundreds of articles exported, it has selected from this list forty principal articles. whose value aggregates about two- thirds of the total exports. and by starting the increase in both quantity and value of each article shows to what extent the increased valuation in the exports of 1907 is due to increased quantities, or to what extent higher prices have caused the advance in it's stated value.
 Of the forty articles which it thus includes in its analysis of exports in attempting to determine to what ex- tent advance of prices per unit of quantity is responsible for the increas- ed value of exportations. twelve are foodstuffs-wheat. corn. flour. cattle. fresh beef. bacon. hams. pork, lard. cotton seed meal. cotton seed oil, and oleo oil. This small group of a dozen articles of food products shows an ag- gregate of about 100 million dollars in the exports of 1907. Flour shows an advance of but 1 per cent in price per unit of quantity. cattle of 4.3 per cent. wheat 5.1 pert cent. fresh beef F per cent. hams 22.s per cent. corn 34.1 per cent, oleo 3f.4 per cent, canned pork 37.6 per cent. bacon 43.2 per cent. cot ton seed meal. AT per cent. lard 56 per cent, and cotton seed oil 5S.2 per cent.
 The second group includes manufac- turers' materials. both in the crude state and partially manufactured for further use in manufacturing. the dog en articles selected aggregating over 100 millions in value and including raw cotton. copper in pigs or baE, lumber. tobacco, timber. coal rosin. paraffin. flaxseed, phosphates. and crude mineral oil. Raw cotton (up- lanD' of which the value exported in 1907 was 4s0 million dollars. against 2O1 million in 1899. shows an advance of 92.7 per cent in value per pound. Copper. of which the value exported in 1907 was s9 million dollars, shows an advance of 5s.5 per cent in value per pound. Lumber, of which the exports amounted to >tO million dollars. shows an advance of 5s.4 per cent: sawed timber. 13 million dollars in value. shows an advance of 112.9 per cent: i: rosin. amounting to over II million dollars. shows an advance of 202.7 per cent; while bituminous coal shows an advance of 243 per cent. anthracite coal 1s.S per cent. paraffin 25.6 per cent. flaxseed 26.6 per cent. crude min- eral oil 13 per cent. and phosphates 3.2 per cent increase in price per unit of quantity in 1907 over 1899.