The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1910-05-24
OUR TRADE With
PANAMA GROWS
Commerce Between U. S. and That
Republic For Year Over
$22,0O0,000
much MERCHANDISE SHIPPED
Fiscal Year Ends Next month and Fig
ures Shows Remarkable Gain in
Business. sto0,0Oo,00o in Past
Seven Years.

Washington, ID. c., May 24.-Trade
between the United States and the re-
public of Panama will exceed s22,000.-
900 in the fiscal year which ends next
month and for the seven years since
the republic of Panama came into ex-
istence will approximate $100OO0,000.
About nine tenths OF this total,
speaking in very round terms, Is mer-
chandise exported from the United
States to Panama.
Even these figures do not show the
grand total of merchandise sent from
the United States to, Panama during
this period, since such portion of the
supplies for the Panama canal and
those engaged in its construction as
were sent from time to time upon gov
ernment vessels were not included i'm
the figures reaching the bureau of
statistics OF the department of COM
merce and labor. by which this state
ment of trade with Panama Is reported.
Just what proportion OF the mer-
chandise sent to Panama has been for
use in the construction of the canal
connot be definitely determined
though the British minister at Pana-
ma recently estimated that about one
| fifth of thhe total imports of the re-
public were for the commissaries Of
the Canal Zone, approximately two
fifth of the total imports of the re-
naming two fifths for general use.
The trade with Panama has steadily
grown and the figures of both imports
and exports for the fiscal year 1910 will
exceed those of any earlier year. In
1904 the earliest fiscal year for which
figures have been presented by the
bureau of statistics. imports from Pan
ANA were valued at $440,747. BY 1906
they had grown to $1,056,Ss7 and In
1909 were s1,676.s94.
Meantime exports to the republic
show an even more rapid growth, hav-
ing advanced from $979,724 i'm 1904 to
s12,46O,2S9 I'm 1906 and $16,797,530 In
1909. In the nine months ending with
March, 1910, imports were s1,596,O4S
against $1,139,4SS in the corresponding
period of the preceding fiscal year and
exports s15,308.5S5 against $125O5,60I
Indicating that for the complete fiscal
year which will end June 30 next the
imports from the isthmian republic
will exceed $2,OO0.000 and the exports
thereto $2O.OO0.O 900.
Bananas, vegetable ivory. India rub
ber and cattle hides comprise the prin-
cipal articles exported from Panama
In the nine months ending with March
the latter period for which detailed
statistics are available. the imports OF
lbananas aggregated 2.506,000 bunches
valued at $604,5S1; india rubber, 292''
pounds, valued at s214.976; vegetable
ivory 4,6s9,545 pounds, valued at sl47''
261. and hides of cattle. 617642 POUNDS
valued at s67654.
Iron and steel manufactures, mea
and dairy products, breadstuffs' ium'
her. coal, cotton manufactures, expio'
siyes. cement, boots and shoes, cars
carriages. etc. constitute by far th'
larger part of the merchandise export
ed TO Panama; while soap. malt IL
ouors. sugar. Illuminating oil. scientific
Instruments. india rutJber manufactur
es. fruits and nuts, eggs, copper man
ufactures, chemicals and lubricatin'
oil are also exported in consideraoi'
quantities.
with few exceptions all of the arti
,cles named show increased exports u
the present year. Those OF iron am
steel in the nine months ending VIII
lNarch of the year named increases
from ss.s39691 in 1909 to s4.oS2322 II
1910, the principal growth occurring u
structural steel. pumps and pumping
machinery. iron sheets and plates an
wire. while steel rails, builders hard
ware and locomotives decreased.
Meat and dairy products as whoi
Increased from s1.163.733 in 1909 t
! 8, 2o7. .2so in 1910: boards, deals an
planks from s5166S9 to sS1s,Sss
hreadstuffs from s5444os to s62s,ss'
fhe growth occurring chiefly In -four
Ibitumirous coal from s67745S to 1896
sss. cement from si07.345 to s702,5bi
> explosives from $27,660 to ss22'6Sl
cotton manufactures from s52l.576
. $500. 96S, and boots and shoes fro'
sa47. ass to s475.ss2. the comparisons
each case being between the figure
for the nine months ending VII
March. 1909. and those for the col
resnondinc months of the current yea