Albuquerque morning journal., 1913-05-02
OF TRADE
IS IN FAVOR Of
UNITED STATES
Secretary of Commerce VIII
liam RedfieId Quotes In
-tereStng Figures on Imports
and Exports,
lspeeInI oorre.pondrnee 10 NornInr lonrnn

Especial Correspondence to Morning JnurnaB
Washington. May T. Secretary
Of Commerce William c. kcdfield. IN
commentins today upon the detailed
figures concerning the imports and
exports of the United states for the
month of March and the nine months
ended with March. said M
The figures are striking. both in
their magnitude and in their details.
The aggregate business, inward and
outward, of the United states with
foreign countries for the nine months
was little in excess of $4,000. 600 600
-an impressive total which if mains
tained at the same rate would bring
the business for the entire fiscal year
Well in excess Of s4,1OO,0O0, 600.
Great Britain is our largest GUS
toner, buying from us over S47S.O00,-
600 apd selling us over S234.00O. 600
an aggregate for the nine months in
excess of SIP. 900, or total bust
ness of nearly SS0.0O0.O00 4 montn.
Canada is our second best customer
buying from as $500, 10000 in nine
months equal to nearly 81 100000
every working day. A pretty fair GUS
TONER, that Then Germany comes
third buying s26S,0Q0,00p from MS in
. months ana selling us $4,000. 900
She is a pretty fair customer. too
buys over S1.000,000 day And
fourth Genes France, to whom we
sold S120. 0.OOO.00O, and from whom we
bought $4,000. 600.
"It is when we come to look at the
details of our foreign commerce by
what are called great groups that We
get al the most striking facts. r. for
example, one is told that our exports
fell off in March, as compared with
the same month year ago, by about
81 S1S.000.00O, so that we only sold
s1S7. 7.o00,0 ,000 abroad in March. that
might not seem a favorable condition.
3ut when one looks a little closer. he
'lnds that the falling off was almost
Wholly in the sales of crude materials
'or use in manufacturing and that
80 far from a loss, there was an alb
iolute gain in the important items Of
which in the two im-
)ortant classes of manufactures for
'urther use in manufacturing and in
ready for consumption
actually increased in the month Of
darch by about $ts,000,0 600. So tho
mr. manufacturers held their grip up-
m the foreign markets of the world
more strongly in March than they did
year ago.
eThe figures for the entire nine
months are such as to give Just pride
O every thoughtful American to
O whose notice they come. Out of
he total transactions Of sS,30O,000,
100 there is a balance in our favor Of
little over $500. 100000. Doing pret-
y wen, that But q few comparisons
With 1912 make II look even better.
FOR example. our sales Of manufae-
ures for further use in manufactur-
ne increased over S56,000.0 900 and
ur sales Of manufactures ready for
se increased over the same period
asst year SSS,500.00O, an increase in
hese two lines Of manufactured
OCUS dl0Ht vi 0NtA - sHHNsVNN bS \
with the same period Of
lst year.
This does not look like weakness in {
ompetng power. especially when one
ooks at the table Of percentages pub
shed with the others, and finds that
he three groups, which include man
factured goods Of all kinds. consu
ute 5s.5 per cent Of our total ex-
orts"