Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-08-29
AMERICAN TRADE
WITH RUSSIA IS
.GROWINGRAPIDLY
Larger Percentage of Increase
is Shown Than With Any
Other Nation

CHICAGO. - United States trade
with Russia shows a much larger per-
| centage OF increase than that with
other belligerent country. Exports To
Russia in the fiscal year ending June
30 1916, we're ten times as much as
fer the fiscal year ending June 30,
1914, while exports to France and
Italy, increased about fourfo1d. and to
Great Britain threefold.
Furthermore, the character of the
exports to Russia indicate perma-
nency in the expansion. A large pro
portion is made up OF industrial pro-
ducts useful In peace times as well
as for war purposes. American man
ufacturers regard Russia as their best
field for foreign trade after the war
for the following reasons: ....s. ri
During the ten years between the
Russo-Japanese war and the present
ear Russia's wealth doubled. Rus.
sia's population is large, three times
that of South America, and yirile.
The peasantry has been awakened by
the war and vodka has been abolished.
The empires resources are rich be.
yond calculation, and the impending
economies development promises to
parallel that of the United States in
In the pioneer days. .
Russia Seeking Machinery. 49,
All classes of Russians are cooper
ating for the first time to adopt mod
ern methods and machines, especially
those Of the United States, with which
the most intimate and elaborate re-
lations are sought. Information re-
eeived here from Ambassador Francis
at Petegrad is highly encouraging to-
producers and distributors who are
willing properly to supply the things
needed by Russians.
American bankers and business men
VINO nave personally looked over the
opportunities throughout the empire
say the demand will be unlimited for
high class machinery and engineering
supplies and tools, ETC., and there will
be no quibbling about reasonable
prices or terms and no doubt as to
the financial stability of the buyers.
American capital i'm considerable
amounts is finding its way into Russia
now, being attracted by the extroardi-
narily high return upon the invest.
ment. It is believed that ruble ex.
change will recover relatively fast
after the war The form of Russian
most sought by American
capital is the Russian government
51a per cent. international loan, duo
In 1926. -,
Loan TO Get High Profit.
The loan. bond dealers say, stands
to net IL per cent. If held to maturity |
and exchange fully RECEIVERS.
1t is calculated that Russia will |
build 5000 to 1000 miles OF railroad
annually after the war. Covering one
seventh of the earth's surface, the |
empire has less than one-sixth as
many miles of railroad as the United |
States, about one-third of its size For |
transportation as we'll as Industrial |
Russia must look largely |
to United States capital, as the neigh
boring countries will have all they |
can do to take care of themselves,
English, French, Belgian and German
capital has been largely invested in
Russia. s.s ..
Before the war Germany almost mo-
nopolized the Russian market, partial
" by reason of commercial treaty
and partially through remarkably
shrewd methods of trade exploitation.
Fully $100,000,000 of American exports
10 Russia annually, the great bulk OF
he business, moved in German ships
and passed through German hands
which seized the prestige as well as
he profit.
seeking Copper Control.
Indications are that the belligerent |
nations are actively endeayoring to
secure or at least tie up, the copper
output of the United States for 1915,
of Germany and Aus.
ria are In the market with inquiries
or quantities larger than ever before
FAMED In a single transaction. The
.ffort is apparently to secure from
so, GOO, 900 to 50,000,0 900 pounds for
delivery in 1917. ~
Large producers are naming 26k
o 81 cents per pound for small lots
or October November December de.
VERY, but have named no figures on
arge quantities. It is understood
hat If the negotiations, now in the
preliminary stage, are concluded
the copper will be stored
ere until the end of hostilities anu
hen shipped to Germany, Austria and
turkey.