Arizona republican., 1909-06-22

and Cuba. for the u months ending
with December, 1908, a fall OF 20
millions in her imports. Thus in
nearly all of the countries which we
may class as our principal customers,
general importations show a marked
decline.
This decline in demand by the great
importing countries of the world has
made itself apparent in the export
figures Of nearly all exporting coun-
tries. The Australian Commonwealth
shows a drop of SO millions in ex-
ports in the calendar year 1908 as
compared with 1907: Brazil a drop
of 40 millions in the year 1908 as
compared with 1907; Germany a
drop of % millions in her exports for
the calendar year 1908: Mexico
decline of s millions for the s months
ending with February, 1909, COM
pared with the corresponding months
of the preceding year: Russia a drop
Of ~ millions in the calendar year
1905 compared with the Immediately
preceding year; Switzerland a drop
Of - millions in 1908 compared with
1907: and the United Kingdom a drop
Of 220 millions in the 10 months
ending with April 1909. compared
with the corresponding period of the
preceding year.
The principal articles in which the
falling off in our own exports occurs
are cotton, corn, wheat meats, man.
ufacturers of iron and steel, manufac-
lures of copper. and manufactures Of
wood. Cotton, for the II months end
ing with May, 1909, shows a fan of
about 20 million dollars in the value
compared with the corresponding
months Of the preceding year. This
fall is entirely due TO lower prices,
the quantity OF cotton exported in the
II months ending with May being
624 million pounds more than in the
corresponding months of the pre-
ceding year, while the value fell prac-
tically 20 millions below that of the
much smaller quantity of the last
year. The figures Of the Bureau of
Statistics show the total quantity of
cotton exported in the IL months end
ing with May, 1909, at 4,3O2 ,925, 7O7
pounds against 3.67S.99I416 in the
corresponding months Of the preced-
ing year, an increase of So, ,291
pounds while the value in the II
months ending with May, 1909, is |
stated at $4O2, 367,132, against SAIL
754,301 in the same months of the
preceding year, a fail in value Of
s19, 3S7, 1863, against an increase in
quantity of e23.92S,291 pounds. In
wheat the fall in the value exported
is % million dollars; flour II millions,
and corn millions for the II months
ending with May, 1909. compared
with the corresponding months of the
preceding year In these latter articles
prices rule higher in 1909 than in
1908. and the fall is therefore due
solely to the reduction in quantity
exported. In beef cattle the value |
Of exports in the IL months ending
with May, 1909, fell II millions be- !
low those of last year, while fresh |
beef shows a fall of millions fresh |
and picked pork millions; and lard |
4 millions these reductions being due |
in all cases to smaller quantities ac- |
tually sent out of the country, the |
prices in 1868 quite as high as IN |
19O7-S.
Manufacturers Of iron and steel |
copper. and wood also show a falling |
off Iron and steel show a drop of AZ |
million dollars; copper a drop of q ]
millions; lumber and timber a drop Of I
about 10 millions; and cars and car
riages a fall of millions. These [
especially in manufactures |
Of iron and Steel and copper, are due
in part to lower prices; though in !
many cases the quantities also show /
a decline, as a result of the general |
decrease in importations in all parts
of the world.
In round tons it may be said that /
Of the approximately 200 million do
lars Of reduction in exports from the
United States which will be shown
by the trade figures of the fiscal