The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1912-04-04
Billion Dollar
Mark iI7Exports
Of Manufactures from United
States Most Likely to Be
Passed This Year.

WASHINGTON. Mar. 29.-Manu-
features exported in February 1912
exceeded In value those OF any earlier
February. and the total for the eight
months ending with February was
also greater than in any correspond
ing eight months Of preceding years.
The total value OF manufactures ex-
ported in February was eighty-two
and one-haR million dollars, against
seventy-two million in February 1911,
sixty-two million In February 1910,
and fifty million in February 1903.
For the eight months ending with
February the total was 639 million,
against ST. million for the cores
ponding months OF 1911, 4911a million
for the same months OF 1910, and 42O
million In the corresponding months
of 1909. Should the rate OF Increase
over last years figures reached by the
eight months ending with February
continue during the remaining four
months Of the fiscal year, the tota!
value of manufactures exported for
the year ending June 80, 1912 would
exceed one billion dollars. The total
value of manufactures exported for
the year ending June 80, 1911 was
9o7 million dollars, and as the gall
in the eight months thus far recorded
amounts TO sixty-eight million dol
lars, it seems probable that the gain
for the complete fiscal year will be
fully 100 million dollars, bringing the
total value OF manufactures exported
to foreign countries for the first time
above the billion dollar line. A total
OF more than one billion dollars worth
of manufactures passed out OF con-
.tinental United States in the calendar
year 1911, but this included shipments
to our own noncontiguos territories,
while the present indications are that
the total to foreign countries alone
for the year which ends June 80. 1912,
will exceed one billion dollars in
value.
This increase Of ten and one-half
million dollars in exports OF manu-
features In the month OF February,
and of sixty-eight million in the eight
months ending with February is d.
ylded between the two great groups,
Manufacturing ready for consump-
ton and manufacturers foru further
use in manufacturing. ~ Thepgroup
Manufactures ready for consump-
ton" shows an increase Of about
seven million dollars in February
and about fbrty-eight million in the
eight months ending with February;
while the group Manufactures for
further use in manufacturing shows
gain of about three and one-liali
million for the month of February,
and twenty million in the eight
months ending with February
About one-third of the increase oc-'
cured in iron and steel manufactures.
The tStal value Of iron and steel man
ufactures exported in the eight
months ending. with February 1912.
was 1874 million dollars, against l42
million in the same months of last
year, and for the single month of
February, nearly twenty-five million
dollars, against eighteen and one-half
nilnlion in the same month last yea7.
In the meantime imports of manu-
features show slight reduction when.
compared with the corresponding
imports of last year. The total value
of imports of manufactures in Feb
ruary 1912 was forty-nine million dol
lars, against fifty million in February
1911, and in the eight months ending
with February 1912, 429 million
against 446 million in the correspond
ing months of the preceding year.
Finished manufactures show a ma
terial decline in the imports of the
eight months ending with February,
amounting to 24S million dollars in
value, against 256H million in the
same months of last year, while man
ufactures for further use in manu-
featuring show an increase, being in
the eight months ending with Febru-
AIRY 1912, 1917 million dollars in
value, against 1897 million in the
same months OF 1911.
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