The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-08-25
EXPORTS BRING IN
MORE READY CASH
Cotton and Tobacco Selling
Higher in Foreign Lands,
Thus Helping South.
CoTToN's INCREASE is GREAT
.C0TToN's INCREASE is GREAT
All American Products, Both
Raw Material and Manufac-
lures, Bring More Money.

WASHINGTON, D. c., August pa
The advance in prices. which is to a
considerable extent responsible for the
large increase in the total value OF
imports In recent years, is apparently
also responsible In some degree for the
Increased 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 1893,
showed marked advances in prices of
imported articles. and that this advance
In prices per unit or 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
IKE analysis OF the exports just COM
pleted 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
ported. the growth OF domestic ex-
ports from s1,204. 100000 In 1899 to
s1Ss4, 100000 1907 is duo In no In
considerable degree to advance in prices
Of the articles forming that trade.
In attempting to determine this ques-
ton of the relation between higher
prices and the increased value Of Inn
ports and exports the Bureau OF Sta
tistics has included in its calculations
value are shown, both In tn e imports
and in exports. and is thus able to de-
ternlfne tho percentage OF lncrea Sc In
stated value of each, article In 1907
over 1899, the year 1899 being selected
for comparison because imports have
just doubled in value since that date.
while exports have increased about so
per cent. In value in the same period.
FoodstufYs Much Higher.
While the detailed statement pre-
pared by the Bureau shows the ad-
vance in prices per unit Of quantity In
hundreds OF articles exported, 1t has
selected from this list forty principal
articles. whose value aggregates about
tWo-thirds of the total exports, and by
stating tho increase In both quantity
and value OF Zach article, shows to
what extent tho increased valuation in
| the exports of 1907 Is due to increased
quantities, or to what extent higher
prices have caused the advance in
stated value.
OF the forty articles which it thus
includes In Its analysts of exports in
attempting to determine to wha, ex.
tent advance of prices per unit OF guam
| tity is responsible for the increased
value OF expectation, twelve are food
stufrs-wheat, corn, -four cattle, fresh
beef, bacon, hams, pork, lard, cotton
seed meal cotton-seed oil, and olec
OIL This small group OF a dozen arti.
cles of food products shows an aggre-
gate OF about 100000, 900 in the ex.
ports of 1907. Flour shows an advance
4 of but per cent. In price per unit OF
quantity, cattle Of 43 per cent, whea,
81 per cent. fresh beef IL per cent.
hams 22.s pcr cent, corn SAL per cent.
oleo oil 3i.4 per cent, canned pork
S7.6 per cent, bacon 43.2 per cent, cot
ton-sced meal AIT per cent, lard 81
| per cent, and cotton-seed oil $50 pei
cent.
Cottons Advance OF Per Cent.
The second group includes manufac
turers' materials. both in the crud,
state and partially manufactured 70
i further use in manufacturing. tn,
dozen articles selected aEgregatint
! over s70o.000.000 In value. and includ
ing raw cotton, copper infpigs or bars
\ lumber, tobacco, timber. COAL rosin
4 paraf'ln, faxseed. phosphates and crud
/ mineral oil. Raw cotton (upland), G
which the value exported in 1907 wa
/ $3.50, 100000, against S207,00ooD0 Il
4 1888, shows an advance OF g2.7 ne