The weekly chieftain. [volume] (Vinita, Craig County, Okla.) 1905-1913, 1912-01-26
OUR TRADE
WITH CHINA

Trade of the United States wit
emma in the calendar year Just ende
|, approximated So million dollars il
value, of which about % million rep
resented the value of exports to- an,
81 million that of imports from China
Exports to China show distinct sign,
OF recovery from the depression which
nrst became pronounced in 1906 and
continued without abatement down ID
the end of 1910. In 1906 our exports
10 China rose to the unprecedented
total of SO million dollars: the next
year show ed shrinkage of nearly so
per cent, the total for 1906 being but
80 million; and each succeeding yeay.
showed a smaller total until 1910. when
Z &le hgures stood at less than 16 mil.
lion dollars or $2,0OO,O00 less than in
1901, decade ago. The first II
months of 1911, however, recorded a
Total export to China of 21 million dol
lars, November alone showing a total
OF 2 million dollars, indicating that for
the II months ending with December
. the total will be fully 90 million dol
lars. Imports from China continue at
practically the same rate as shown by
earlier years, the estimated total of
% million dollars for 1911 comparing
with 50 million dollars in 1910, "a mil
non in 1907, 29 million in 1904. and 26
! million In the calendar year 1902.
Cotton goods, Illuminating oil, flour.
IRON and steel manufactures and lum.
per are the principal articles forming
our exports to China. In that trade
cotton cloths have long held first place
and for many years steadily increased
until in 1905 they rose to the high rec |
ord total of 563 million yards valued at
s5SR million dollars, and in 1906 at. |
tanned a total of 271 million yards. I'm.
medlately following these unusually
large expectations, however, and as a
result, in part at least, of excessive i'm.
'portatlons of cotton cloths into China
immediately following the close of the
husso-Japanese war, there ensued
period of decreasing exports of Amer
lean cotton cloths to China and in /
ISO1 the total dropped to SO million I
Yards A slight recovery began in {
1908 and in 1909 the total was 154 mil. Ii
hon yards. In 1910 the total again IL
sas5pped to 66 million yards, while last t
year showed signs of Improvement q
}he monthly exports in the closing s
9art OF the year being from three to It
tour times as large as in the initial It
months and the II months totals t
standing at approximately 110 million {
5ards valued at 71a million dollars. c
or Illuminating oil the exports from it
he United States to China have since Il
S9O4 ranged between and 10 million
ollars per annum, except in 1906 s.
Fhen the total was about million n
ollars. In the calendar year 1911 the S
ptal was about 7 million dollars, com. liz
ared with million in 1910, 91a mil Ell
ion in 1908, and 21a million in 1900. liza
% China our exports of flour, which W
ell to unusually small totals in 1909 LA
nd 1910, rose to million dollars last ot
ear a sum only exceeded by the high w
cord total of million dollars record as
I in 1907. Iron and steel manufac- al
lres are also important factors in our tn
xports to China, nails and spikes, pl
heets and plates, locomotives. and Iur
EEL rails being the principal items. CO
asst year our total exports of iron
Id steel to that country exceeded 9 W,
illion dollars. We also exported to of
hina last year about Y million dol CT
rs worth of tobacco and manufac- Ise
res thereof. In some years the ex- tn
orts of lumber to China are large. we
@st year the total for the class desig. Hi
tied as boards, planks, joists. etc. an
IS about 100000, and in 1910 a little Co
raxas1 100000. 8
hlOhl Shihd tHc CHieI imports into Cl
Q United States are silk, wool, rice. Ok
at skins, tea, mattings, and bristles ne
e import annually from China from the
ITO 40 million pounds of wool. from an,
70 million pounds of silk about 10 Iusi
llion pounds of goat skins, about 80 to
llion pounds of tea. from Is to % ate
lion pounds of rice, and about 19 the
lion square yards of mattings. no,
assured by value, the principal ar me
les imported last year ranked about be
follows: Silk, 12 million dollars: ch,
4, Az million; goat skins, 3 mil Pa,
n: tea, million; mattings, 1926 k
bristles, 100000; hats and ma Ch,
lals for, 100000; rice. $500. 900; Int,
| firecrackers, 100000 Che
\ general view of our exports to Int
ma during tha last - vearc and tha ~,