The Denison review. [volume] (Denison, Iowa) 1867-current, 1912-06-12

decrease in imports of automobiles.
Thus in the period from 1899 to 1904
the value of the domestic manufac-
lures of this class of articles increased
about $25,0O0,00O, from $5,OOO,OO0 in
1899 to $3O,OOO,OOO in 1904, an increase
of $25,O00,O00; while in the period
from 1904 to 1909 the value of the
output increased practically $22O,OO0,-
900, from $30,000,000 dollars in 1904
to $249,000,00 in 1909. Accompanying
this notable growth in production,
the imports of automobiles decreased
from four and one-fourth million dol
lars in 1906 and four and three-fourths
million in 1907 to approximately two
and half million dollars in 1912.
While France still leads the world
in exports of automobiles, the United
States surpasses that and all other
countries in rapidly of growth of
production and expectation. For ex-
ample, our own exports of that class
of articles have increased from $5,-
100000 in the calendar year 1908 to |
nearly $2O,OOO,000 in 1911; while in
the same period those of France in
creased from $24,640,0O0 to $31, 700,-
900; those of the United Kingdom
from $7,60O,O0O to $51,5OO,OOO; those
of Germany from $3,00O,000 to $11,-
100000; and those of Italy from 49,
100000 to $6,100,000 Thus in the
brief three year period from 1908 to
1911 there was an absolute gain of
about $15,000,000 or 900 per cent in
exports from the United States; of
$7,90O,000 or over 100 per cent from
the United Kingdom; of 100000 or
266 per cent in those from Germany;
and of 100000, or slightly more than
10 per cent in those from Italy.
Approximately Is per cent of the
automobiles exported from the Unit :
ed States are shipped to Canada;
about 40 per cent to Europe, chiefly
Great Britain; about 20 per cent to
British Australia; about per cent
to South America; and smaller pro-
portions to Mexico the West Indies
and various countries in Asia, Gee
ania and Africa. During the 10|
months ending with April, the latest
period for which figures Of distribu-
ton are available in the Bureau of
4,716 automobiles were ex-
ported to the United Kingdom, 1924
to Canada, 1904 to British Oceania,
I 1882 to South America, 40 to Asia
and other Oceania; and 1872 to all
other foreign countries. There were
also shipped, during the same period,
40 automobiles to Hawaii, 342 to
Porto Rico and II to Alaska.
OF the automobiles imported into :
the United States, France supplies
about one-half OF the S45 machines
imported during the 10 months end
ing with April, 339 were from
France, 10 from the United King /
dom, lis from Italy, 108 from Ger
many, and lib from all other
countries.
The fall in export price of automo-
biles is an especially striking feature
Of the Bureau of Statistics figures.
They show an average valuation for
all automobiles exported in 1909 of
81, 800 each and in 1912 of $3.50, the
average export price in 1912 being
thus but little more than one-half
that of 1909. This remarkable fall in
the average valuation of the automo-
oiles exported is due in part to a gen.
eral reduction in the selling price of
during the period in
question, a disposition on the part of I
to reduce the price of
he machines to meet popular demand
)ut more especially to the fact that
arge numbers of partially used, or
second hand machines are in recent
years being exported to Canada, Mex
co and the West Indies, thus reduc-
ng the average valuation of the en-
ire number exported.-Jefferson Bee.
~@,A-enc Ed -hE MnrNDICr