The Republican journal. [volume] (Belfast, Me.) 1829-current, 1912-08-08
Manufactures Exported
From The United States in The Fiscal Year
| 1912 Cross The Billion Dollar Line.


From The United States in The Fiscal Year
1912 Cross The Billion Dollar Line.
WASHINGTON, D. c., August, 5, 1912.
Expectation of manufactures in the
fiscal year just ended more than justified
the estimate of the Bureau of Statistics,
Department of Commerce and Labor,
that the total value would in 1912 for the
first time cross the billion dollar line.
That bureau, which has just completed
its figures showing the expectation of
manufactures, states the total value of
manufactures exported in the fiscal year
at $1,021, 1853. 1913, of which 1914, 302, SOB
was the value of manufactures ready for
consumption and $347, 451, 015 that of
manufactures for further use in manu-
featuring.
This does not include foodstuffs which
have undergone process of preparation
or manufacture, since the bureau groups
articles of that class under the general
heading of food stuffs" exported. This
1,022 million dollars worth of manufac-
lures exported in the fiscal year 1912 is
more than double that of 1908, times
that of 1898, times that of 1896, times
as great as in 1894, practically times
as great as in 1890, and 10 times as great
as in 1876, the value of manufactures
exported in a single year never having
reached as much as 100 million dollars
until the year 1873. Comparing 1912
with 1902, decade earlier, the totals are:
manufactures ready for consumption, in
1912, GA million dollars, against 322
million in 1902; manufactures for further
use in manufacturing, in 1912, BAT million
dollars, against 1872 million in 1902; total
manufactures exported, in 1912, 1,022
million dollars, against Asa million dol
lars in 1902, having thus increased about
125 per cent. during the decade.
This growth in the exports of manu-
features is more rapid than that of the
other classes of merchandise. Manu-
features formed At per cent. of the ex-
ports of 1912, against 80 l-2 per cent. in
1902 and IS per cent. in 1892. This in
creasing share which manufactures form
of exports occurs chiefly at the expense
of food stuffs, which formed but about
20 per cent of the exports of 1912,
against approximately 80 per cent. in
1902 and so per cent in 1892
The principal articles forming this
billion dollars worth of manufactures
exported are: iron and steel, copper,
mineral oil, manufactures of wood, leath-
er and manufactures thereof, cotton
manufactures, cars and carriages, auto
mobiles, and paper and manufactures
thereof. The total value of iron and steel
manufactures exported in the year was
269 million dollars, against 92 million in
1902, decade earlier, and go million in
1892, two decades earlier. The chief
growth in the exports of iron and steel
manufactures has occurred since 1899,
the total value of the exports of iron
and steel never having touched the 100
million dollar-line until the year 1900,
and only crossed the 200 million dollar
line in the year 1911, when the total was
23l million, against 1853 million in the
year just ended. Machinery alone
amounted in 1912 to lis million dollars
value, and this does not include agricul-
tural implements, of which the years ex-
ports amounted to IS ~ million dollars,
or automobiles and parts thereof, which
amounted to practically % million dollars.
Automobiles show perhaps the most rapid
growth in the list of manufactures ex-
ported, having been, as above Indicated
e million dollars in 1912, against less
than l million in 1902, a decade earlier
The total value of complete automobiles
exported in the year is q 1-2 million
dollars, and to this must be added about
million dollars worth of parts of auto
mobiles and 2 l-2 million for tires, making
the grand total for automobiles and parts
thereof, including tires, about % million
dollars, against IA million in 1908 and
less than l million in 1902.