The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-23
WAR OPENS WAY FOR
AMERICAN METALS
Merchants Association Weekly.
"Greater New York." Points
to Opportunity.
STUDIES EXPORT FIGURES

Excellent opportunity for increasing
exports OF American metal and metal
products as the result OF the war is
pointed out by Greater NetU York, the
weekly publication OF the Merchants AS
sociation. Growing exports of finished
products of iron and steel are noted. 1t
Is shown that while products of blast
furnaces are exported only to the extent
of per cent. of the annual production
OF 391.42s,0o0 and crude iron and steel
exports are only . per cent. of the $685.
$4,000 production. foundry and machine
shop products are exported to the amount
OF per cent of the total production of
s1.22s,475.00o. Firty-four per cent Of
the annual production of s3oSS6.0 900 of
pipes and fittings aud IL per cent of
the S53,"66,000 yearly production of light
hardware and tools are exported.
IL is estimated that only .003 of l per
cent. OF this country's exports of loco
motives and only p of 1 per cent OF
structural steel exports go to Europe
1T is probable that these shipments
to other parts OF the world will be de-
pressed for a considerable time" gays
tho article. This Is true because Of the
withdrawal OF European capital, which is
so closely associated with these projects
throughout the world on tine other hand.
shipments of wire have already increased
and further Increases are confidently ex-
pected.
Tin is imported into this country al
most entirely from Europe, or through
Europe from the Straits Settlements.
South America. SC. The ore could well
be brought to such port as New York
and reduced here, TO the very great saving
OF American users"
Loss is looked for in exports OF agri-
cultural machinery. SO per cent. Of the
s40,57e.o0o exports going TO Europe.
The total production Is said to be sl46,-
$4,000
"On the other hand" says the article.
the agricultural sections OF the United
States should increase the domestic de-
mand which absorbs three-quarters OF
these products manufactured in the
United states"
Exports OF cash registers. typewriter'
and calculating machines are likely 10 be
much hurt by the war az 81 per cent. OF
the exports 20 10 Europe.
"One OF the noticeable features in the
development OF American trade during
the last Ave years has been a remark
able increase in the exports Of Ameri-
can electrical machinery. apparatus and
supplies" says Greater Ncr York. I'm
practically all foreign countries there
have been very extensive hydro electrical
Developments In 1905 the total value
of the exports Of American electrical
machinery, apparatus and supplies
amounted 10 sl2i5o0oo. while in 1913
II reached s2677? oOo--a very striking
increase"
Txr ,rts ~ electrical machinery are s27.
oil 900. IL per cent. Of the production.
Eleven per cent Of the exports 20 to
Europe. Exports Of other machinery are
so2.t20 900, per cent. of production.
Th!rty-one per cent. OF the exports go 70
Europe,
Germany has been the great compet'-
tor OF the United States IN exports OF
electrical machinery" says the article,
and the temporary elmlna-'on OF Ger
man competition in foreign markets gives
the American manufacture an eNcep-
tioual opportunity.
There are four great groups OF inn
portant markets for electrical machinery
and electrical supplies North America.
South America the British oversee
colonial possessions and the markets IN
the Far East. In each OF these divisions
American products have gained strong
foothold. and IN each of these markets
there is splendid opportunity for
large extension IN their sale
Germany sells So S66.000 to Japan.
against sl,iT07s7 sold by this country.