Imperial Valley press., 1917-02-20
LARGE GAINS IN U. SIS TRADE WITH JAPAN

Trade of the United States with Japan practically
doubled in 1916. A compilation by the Foreign Trade
Department of the National City Bank of New York
shows an increase of 1876 per in the exports to Japan
in the calendar year 1916 and increase OF 73 per cent
in the imports from that country The total vaue of the
trade of the United States and Japan in 1916 S291
100000 against in 1913 the former high rec
ord year.
In fact, the trade with all Asia shows very large
gains in 1916 the exports to all that continent Except
the 900 sent to Asac Russia for transfer thence
to Russia in Europe) S7210 900 in 1916 against
100000 in 1915 and $685. 100000 in 1914, and the i'm
ports from Asia S51 100000 against S3O6 900 in 1915
The greatest growth however in Asiatic trade has
been with Japan which the exports of 1916 $780,
100000 against S46OOO0OO in 1915 and s42OOOOOO in
GA The imports from Japan in 1916 were 000OO
against S108 00000 in 1915 and S106O00000 in 1914.
Manufacturing material forms by far the largest
,art of the exchanges between the two countries Raw
otton formed in fact nearly onehalf of exports to
Japan while silk formed nearly twothirds of i'm
oors from that country In fact the United tSates took
very large proportion of Japans available silk in 1916
official figures showing that of her total silk
ports amounting 900 in the eleven months end
ng with November 1916 less than s10OO0OO00 worth
we're the United States. Other important articles
forming the trade between the two countries about
S20000OO worth of pig copper sent from Japan to the
United tSates S60O0000 worth of ea $600O000 worth
If silk fabrics, and S5000000 worth Of soya bean
o On sde exports to Japan other than cotton in
GUIDED 100000 worth Of structural iron and Steel
S500O00 worth OF TIN Plates ST. 900 600 worth of
pipes and fittings nearly 100000 worth of sole leath
er 100000 worth of Illuminating oil and nearly 81 OOO
0C0 worth Of parafne and considerable quantities of bar
iron and STEEL Partly manufactured material for further
in manufacturing such steel bllets and bars are
also important feature of exports to Japan and
pig copper is very considerable factor in our imports
from that country The total value of cotton exported
to Japan IN the eleven months of 1916 for which the De-
partment OF Commerce figures available amount
ed to S756O4 while total exports to Japan in the
same eleven months S94342014. Raw silk import
ed from Japan In the eleven months Of 1916 for which
figures available amounted to S101 019643 while to-
tai imports from Japan in that eleven-month period were
1882, 116.
This new demand of Japan upon the United States
Tor materials is result of the very great
increase In the manufacturing industry of that country
since the war; and especially in 1916 The whole Orient
has apparently found Japan its most convenient source
OF supply Tor manufacturing and her exports to Asia as
whole IN the eleven months ending with November
amounted TO ?zoOOOOO0 against S154 900 in 1915 and
very large gains amounting in the eleven months of 1916
to SoOOOOOO against S36O00000 in the same months of
t9lo ana IN the months of 1914 To Brit
sn nda the exports OF the eleven months of 1916 are
100000 against Sl9000000 in the same months of
last year and $4,000 900 in the corresponding months of
the preceding year, and to our own Phippne Islands
tney are over S5O0O000 in the eleven months of 1914
against about nall that sum in the corresponding months
of 1914 % 0
Japans exports Of cotton manufactures show ran;d
Increases haVlng peen Sl6OOOOOO in the eleven months
or 1910 against 900 in the same months off 1o15
and S57 100000 in the corresponding months of 1911
ABOUT 6O per cent OF the exports of cotton
go TO Chlna TO Which exports of cotton cloths
IN 1916 fell to less than $2O0OOO against o4 in
1913 ABOUT 70 per cent OF the cotton used bv Janan
in her manufactures in drawn from the TTnited S+tt
the remainder chiefly from India
President Wilson says he wants simple naugura-
Gion but far he has not offered tn ride to +bo oo