Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1911-12-21
Foreign Commerce
OF United States.

The foreign commerce of the United
States in the year aboutu to end viii
show an Increase of over 200 million dol
lars when compared with the immediate
ly preceding year and a larger total thar
in any earlier year of our commerce
| Imports, while falling below those oil
1910 in the earlier months, have, in The
closing period of the year shown q
marked increase, indicating that the tota-
for the year will differ but little from
| that of 1910, which made the highest rec
1 ord in the history of the import trade
| Exports are larger than In any earlier
year and manufactures exported also
make their highest record, reaching ap-
proximately one billion dollars IN the
calendar year 1911. The approximate to-
| tai for the year, based upon 10 months
record already compiled, are: Exports,
| over two billion dollars; imports, IL bill
| lion dollars, of which over one-half en-
| tered free of duty.
Considering the great groups of arti-
Giles, the noteworthy changes are, in the
case of imports, a falling off in manu-
facturers' raw materials and in finished
manufactures; in the case OF exports,
general increase participated in by all
the important groups. foodstuffs, manu-
features, and manufacturers materials.
Comparing the 10 months movements IN
the years named, imports of crude food
stuffs increased from 1lS million in 1910
to AS million in 1911; while foodstuffs.
partly or wholly manufactured, decreased
from 1863 million to ISL million; manufac-
turers' raw materials, from 452 million to
422 million: manufactures for further use
in manufacturing increased slightly,
from 237 million to 242 million dollars.
and finished manufacturers decreased
from 80 million to 294 million dollars.
Exports. on the other hand, advanced in
the case of crude foodstuffs, from 70 mil
lion to IS million dollars: foodstuffs,
partly or wholly manufactured, from 203
million to 247 million; manufacturers
raw materials. from 4S7 million to 49,
million; manufactures for further use in
manufacturing, from 23f million to 267
million; and finished manufactures, from
Az million 10 53l million dollars
The principal imports of tlfy.full year
grouped according to magnitudcs OF val
ues, will show: Sugar. over3fohr billion
pounds valued at about 105 million dol
lars: chemicals, drugs, etc., 80 million
dollars; coffee, 800 million pounds, valued
at about 81 million dollars; hides and
skins so million dollars; india rubber, 10
million: cotton manufactures and raw
silk, about IS million each, fiber man.
ufactures IS million wood and manufac-
lures so million; fruits and nuts, over 40
million; block and pig tin, 40 million
diamonds, 33 million; whole copper manu-
features, unmanufactured fibers. iron
and steel manufactures, silk manufac-
lures, leaf tobacco and oils, will show
a total of about 80 million dollars. Art
works, furs and fur skins, and wool VIII
Aggregate about 25 million dollars each
Fin the years imports. Lower prices con-
tributed to the fall in valhe of imports
oSsysugar and india rubber the decrease
iIf value being far greater than IN guam
tity. Hides and skins show marked
| reduction in quantity as we'll as In value
of imports. Tin imports are about the
| same in quantity but much greater IL
value. due. % higher prices.
Cotton is stir the leading article OF
fexport, its total for the year. over a half
billion dollars, exceeding the combined
value of the two great classes next III
rank, iron and steel manufactures, about
UliltlOIy anu iIltelt anu uoiS PlOtaNt7
100 million. The exports of cotton in 10
months aggregated 2945 million pounds,
valued at 81 million dollars, the largest
value in the history of American COM
merce and but slightly less in quantity
than the high record total of 3052 million
pounds exported in the 10 months of 1905.
Iron and steel also made a new high
record in the 10 months of 1911-2o6 million
dollars, against 164 million last year
Substantial Increases also occur in other
leading articles, and the complete year
will probably record a total export Of
over 125 million dollars worth of bread
stuffs, over 100 million of mineral oil.
nearly 100 million of copper. 40 milliorA of
cotton manufactures, IS million Of a6h-'
cultural implements, about So milliQH ~
cars and carriages, and % miIlionsq on
chemicals and medicines.
Considered by countries, large increases
occur in the exports to Canada, Germany,
Netherlands, Japan, the United Kingdom,
Australia and Belgium. and lesser in
grasses in those to South America, Cuba,
China and many other countries. While
imports as q whole decreased, there we're
increases in those from Japan, India,
Egypt and other countries OF Africa,