The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1911-08-11
Financial i: Commercial 3. Promotion
FOREIGN TRADE

The foreign trade of the United
States during the fiscal year ending
June 80 reached total of $3,576,676,- |
$50, which figure far exceeds that OF
any preceding year and compares with
S3,301 ,932,1j0 last year, S2,974931, 1928
in 1909, S3,O55 115,13S in 1908, S3,315,- |
272, SOB in 1907, the previous high rec
ord, and $2,97O, 426,946 in 1906. OF
this vast total, exports accounted for
$2,04S,691 1892, which exceeds by a very
considerable margin any previous
years total, last years exports
amounting to only $1,744,9S4,7 20, while
in 1909 they we're $1,663, oil ,1O4, in
1908 $1,S6O,773,346, in 1907 $1,SS0,S51,-
O7S and in 1906 $1,743, S64,5O0. Imports
amounted to $1,527, 9S5,OSS, a falling
off of $2S,962, 342, from the $685. 47,-
43O of last year, but were much larger
than those of any other year, compar-
ing with $1,311, 920,224 in 1909, ST.
94,341, 1872 in 1908, $1,494,4 21 ,425 in
1907 and S1,226 ,562 446, in 1906 The
most favorable feature of the state
ment is the large excess of exports
over imports, this amounting to $780,
7O6,3O4 as against only $1SS,037,92O
last year, 1851, O9O,SSO in 1909, $685.
431 ,554 in 1908, $446,429, 653 in lvvn
and S5173O2O54 in 19O6.-Dun's Re-
view.
Annnnnnnnnnnnen1An OBSERVATION-DISCLOSURES
and Property on the West Coast of
Vancouver Island" and American
, Owned Ships Flying Foreign Flags.
In the last named article, which is
by Robert Dollar, of the Dollar
Steamship Company, of San Francis
co, is found the following;
"A carefully prepared list of Amer
lean citizens who are known to own
ships sailing under foreign registry
shows 20 large vessels, including the
largest ships afoat. Their gross reg
istered tonnage amounted to 1,900,-
: 4S7 tons. 1t is impossible to get a
complete list as the vessels stand in
the names of foreigners or foreign
: corporations, so it is quite safe to say
there are at least 100000 tons more.
This would make 100000 gross tons,
y being just about double the tonnage
, owned by Americans and flying the
, American flag and engaged in foreign
commerce.
e This should bring very forcibly to
= even those who are not engaged in
! foreign trade that there is something
radically wrong when forty of the
large shipping companies who are pro-
hibited by our laws from successfully
operating these ships under the flag
, Of their country are compelled to put
their property in the name of for
eigner to get the protection of the
flag of his country"
Puget Sound Second to New York.
Seattle Post-Intelligencer: The rec,
. ords of the custom house during the
fiscal year ended June 80, 1911, show
that the shipping interests of Puget
sound have made a most satisfactory
> increase and that the amount of ton
n mage engaged in the foreign trade
was the largest in the history of the
- district and that it is exceeded by
. only one port in the United States
that of New York.
;, The number of American vessels
= entering during the fiscal year Is
), 1,261 as against 1,15S in the proceed
ing year. Entrances of foreign yes
= sells show a much greater gain, the
lumber being 1923, against 1913 il
: the preceding year, or a gain of lSC
: vessels. The total amount of ton
- mage engaged in the foreign trade o.
the Puget sound district, including
J. American and foreign craft, is 2,150,
G 085 tons, an increase of 3S3,4O5 over
y the fiscal year of 1910. The increase
- in American tonnage is only 2,77l
c tons, while that of foreign craft is
9 979,6S5, which bears out the oft
p repeated statement that American
Il vessels are rapidly being driven from
# the sea insofar as our foreign com
merce is concerned.
!. The clearances for the year were
n American, 1,94S, representing S15,OS'
>. tons, a falling off of 1860 compared
with last year, while the clearancei
of foreign craft were 1,54S, with {
# tonnage of 1,47S,S4S, or a gain of 255
0e5 Tho total pun,har Of vessel
clearing during the year, including
American and foreign bottoms, il
O 1892, with a tonnage of 2,293,935.
: Since 1905 foreign bottoms hav
f been gradually gaining in the matte
+. Of handling the commerce of Puge
sound. In that year American toI
I mage clearing was 99S,68O agans
!, 495,O25 foreign in 1906 American