New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-23
JUMP IN FOREIGN TRADE
Both imports and Exports in
1912 Show Record.

Washington, Dec 22.-The foreign
trade Of the United States in 1912 will
show a higher record in both imports and
exports than in any previous year. Eleven
months figures. just compiled by the Sta
tistical Division Of the Bureau of Foreign
and Domestic Commerce, indicate that the
imports Of the year will approximate ST.
soc, 100000, against 1853, 100000 in the
former high record year Of imports, 1910.
and that the exports will approximate 81
400, oOO, 900, against s2,O93, 100000 in the
former high record year for exports. 1911.
The calendar year will break all records
in the value of both imports and exports.
In one feature, however, that of excess
of exports over imports, the record of
the year will fail below that Of certain
earlier years. The excess of exports in
1912 will apparently be about 5000, 1000,
while 1908 showed an excess Of exports
of $685., 600 600 and 1900 an excess Of eX-
ports of S649,000 600.
The exact figures Of the eleven months
are, for imports. S1.664. 5000 600, against
s1,426, 100000 in 1910 and 1892, 6OO,O 600
in 1911. The value of the merchandise
which entered free Of duty in the eleven
months Of 1912 was 5000, 600. 900, against
! s694, $50 900 in 1910 and S71A490,000 in
the corresponding period of 1911. The
| amount which paid duty in the eleven
months OF 1912 was s761,900,0O0, against
1871 ,S62,0 900 in the corresponding months
| Of 1910 and s677,194,O0O in the same
months of 1911. For the single month
| of November, 1912. the total imports We're
! 1853 900 600, of which sS9.600,O0O entered
| free Of duty and s63.40O,0OO paid duties,
the share Of the imports which entered
| free of duty being in November. $50 per
cent, and in the eleven months, 54.2 per
| cent.
, on the export side the eleven months
! figures Of 1912 are $2,14S.000 600. and for
| the single month of November S277, 300
| OO0 suggesting that II December trade
equals that Of November the total i'm
ports of the year will be about $500
/ 600. OOO against $1,562,900,0 goo in 1910 and
! 81 ,533, 600 900 in 1911, and the exports
about $1,000, OOO,OO in 1912, against ST.
/ S6G,30O0OO in 1910 and s2O92, 100000 in
1911, the first year in which the exports
had crossed the $4,000. 900 600 line.
! The increase in imports occurred espe-
cially in manufacturers raw materials.
which for the ten months for which de-
tailed figures are now available amount
ed to $523,S73,0SS, against 1927 ,5O3,273
in the same months of last year, an in
crease Of over 100000 or about %
per cent, in this class alone.
On the export side the increases oc-
| CURED chiefly in cotton, wheat and manu-
features. while foodstuffs other than wheat
J show a further decline.
The increase in both imports and eX-
ports was apparent I'm the trade with all
parts Of the world. Exports to Europe
| show i'm the ten months for which de-
tailed statistics are available a gain from
s1.O15, OOO, 900 in 1911 to S1.1O3, 100000 I'm
1912: those to North America, from $500
OOO. 600 to $473, 600, 900; to South America,
from SOS, 900, 600 to s114,0OO,OOO; to Asia,
from S76,5OO,O0O TO s96, 900 900; to
Oceania, from s57,OOO,O0O to 100000,
and TO Africa, from s2O,OOO,oOO to $22,-
| OO0 600