The sun., 1917-07-31
FOREIGN TRADE AT
N TEN BILLION MARK
q. s. Exports and Imports Of
Merchandise in 1917 Fiscal
Year $4,000, 100000.
BIG JUMP IN SOME LINES
other Commodities Drop Heav-
ily-Gold and Silver Fig
ures 1892, ,381,000.

More than 10000. .00op 300 worth OF
merchandise and precious metals passed
through the custom houses of the
United States in the hscal year Just
ended. "A compilation by the National
City Bank of New York puts the total
Of imports and exports OF merchandise
in 1917 at $500, ,Ooo. 900. against $s.bSl,-
100000 in 1915. s4,44s.ooo, 900 in 1915
and st.259, 100000 in 1914. The gold
and silver imports and exports Of 1917
aggregated sl,SS2.Ss1, ,o0c.
Imports are set down at s2,6S4.ooo, 900
IN the fiscal year 1917. against s1,Ssl.-
100000 in 1914. a gain OF $4,000. 900.
or 40 per cent. in the three year period :
the exports at ts.2So. 900, 900 in 1917,
against S2,ssb, ,0o0, 900 in 1914, a gain OF
eS,sl5. .000, 900. or l65 per cont. and the
total trade at 3s,s14,000,00 against
ts.25s 900 900, a gain OF 100 per cent.
The fact that the export trade OF the
country has increased only 16b per cent.
IN the three years OF the war will be a
surprise to many who. based their esti-
mate of growth in exports upon the fire.
quently published figures showing enor-
nous increases In certain articles, espe-
cially those required for war purposes
Explosives, for example. show total ex-
ports in 1917 more than 100 times as
great as in 1914; horses and mules
twenty times as great; sugar thirty-five
times as much in value; firearms
thirty times as great: zinc and brass
nfty times as much In value: CONNER
cial automobiles forty times, and con-
densed milk twenty times as much In
value as In 1914.
On the other hand cotton shows ar
actual decline, having been in 1915 but
$3.50, ,oo0.0 900, against S610,oo0.ooo In
1914. Naval stores in 1917 were much
below the figures in 1914. Agricultural
implements exported in 1917 were about
two-thirds as much in value as in 1914
hides and skins showed a decrease oi
more than one-half; cottonseed oil was
less; tobacco slightly less, and lumber
ever one-half less
Wheat and -four exported in 1911
amounted to 38ss. 100000. against S142,'
100000 In 1914 corn in 1917 to $76,'
900, 900, against 37,000.000 in 1914 mea'
and dairy products in 1917. approx
mately, S40o. 900, 900, against $4,000.
900 IN 1914: condensed milk in 1917 tc
y2a,ooo,o0 against but a little over IL.
100000 in 1914; sugar in 1917, $4,000.
1914; brass and manufactures thereof
IN 1917. $sss. 900. against $7.5oo.ooo
Hinc and manufacturer, $4,000. 900
against less than S1.oo0,o00; copper. ap
proximately. $500. 900. 200. against si46.
o0o.o 900; gunpowder. 3s60.oo0, 900
against less than s1.0o0.000: CONNER
csal automobiles. $t3.000.00o against 81,
100000; tinplates. S2s.0o0.ooo. agains
es.sSo.00 and iron and steel and man
eifactures thereof .$1.117 900, 900, agains
1881. 900. 900 in 1914.
~ On the import side the increase wa
chiefly in material for manufacturing
Ths total importation Of raw materia
for use in manufacturing in 1917 wa
@1,1oo, 100000. against t6S3,000.000 II
1slt; OF manufactures foryuse in man
ufacturing, 34s5.oo0.o00, against Ss1s,
100000, while manufactures ready 70
use showed q fall amounting to $S70.
100000 in 1917, against S44e.000.o00 Il
1914. Raw cotton imported in 1917 wa
oS7.000.0o0, against @19.467, 900 in 1914
india rubber. $13S.o00.0o0. against S7l,
$4,000; hides and skins, $216. 900 ,00C
against S120.2e0, 900, and copper, 3122,
900, 900. against S54,292.00o. Sugar i
1917 was S237. 7.000. 900, against 3I01.64s,
900 in 1914, and cacao. $4,000. 00C
against S20,7sS, 900 in 1914.
The movements OF the precious metal
IN 1917 were Gold--Imports, $977.176.
900; exports, $291. 900 (; excess of i'm
ports, $6s5,256,000. Silver-Imports
es5, ,0o4, 900; exports. $7s,2S0. 900; exces
Of exports, $43,276.o00.