The Bridgeport evening farmer., 1916-11-10
=. Finance. Real Estate insurance @.
World of Finance finance
FOREIGN TRADE OF THE
 CALENDAR YEAR 1916

The foreign commerce of the United States in the calendar year 1916 will Approximate $s.ooo.ooo.o 900. or one hnfth of the entire international trade kof the world. It will be 50 ptr cent. kreater than that in 1915 and double hhat of 1914. A compilation by the Moreign Trade Department of the Ma lttonal City Bank of New York shows ithat the total foreign trade of the |year which ends with next month Iseems likely to approximate sS,00O,- 1000, ,00O against s5,326, 100000 in 1915 land $3,903 100000 in 1914. The ex- lcose of exports over imports in 1916 Twill approximate $3,o0o, 100000 Iagainst $1,768.SS4,0 in 1915, $324,- |34S,000 in. 1914 and $6s1,422,0OO in I1913.
 Complete figures for the commerce Iof the entire country in the nine months ending with September are at lhtnd, and also those of the port Of New York. an index of the trade of, the entire country, for the month of October. The figures for the nine months ending with September, 1916, show 8 total commerce of $5, 7S0. .0OO,-
 00o against $3,s33,0oo,000 in the same months of 1915 and $2,877, 100000 in | the corresponding months of 1914, the 1916 figures being thus 50 per cent. greater than those of 1915, and dou- IRte those of 1914.
 I This large increase in the foreign icommerce of the country is not en- jtirely due to increased quantities Of merchandise entering or leaving it's lorts, The fact, for examle. that wheat, (which was exported in November, I1916 at $1.19 per bushel is now quot ' ed in the New York markets at $2.0O ier bushel, suggests that the compar-, il atively small quantity of wheat now lbeing exported probably represents quite as large value as did the lar- ger quantities exported at this time g year ago. Cotton was being exported this date one year ago at 2 cents per l pound; now 1t Is quoted in the New York markets at approximately Is lcents. Copper ingots, of which the export price in. June, 1916 was 27.5 tcents per pound, were exported at an average of 17.s cents per pound in June, 1915. Sole leather, now being
 exported at 40 cents per pound was a year earlier only 30 cents; and can I ned beef exported in August at 23.7 cents per pound went in August of the preceding year at 16 cents. Iron and steel billets exported in August at $5S.40 per ton went in August last year at $21.92, and structural iron land steel exported in August of the cur rent year at $60.40 per ton was ex- ported in August of last year at $35.- 30.
 The increase in total imports is al- so largely due to advance in prices. Raw silk imported in August at $4.60 per pound was imported in August of the preceding year at $2.73 per pound. Jute and jute butts imported in June 1916 at $s3.51 per ton came in the preceding September at $43.59, while goat skins imported in August, 1916 at 37.4 cents per pound came in Au- gust of the preceding year at 2o.3 cents.
 Manufacturing material forms thus far A per cent. of the imports, manu- factures 31 per cent. and foodstuffs
 25 per cent. Of the exports manufac- turing material forms 12 per cent. manufactures 67 and foodstuffs 20 per cent.