The Bridgeport times and evening farmer., 1918-06-13
The World of Finance
|E UNITED STATES THE HORLD'S LARGEST EXPORTER
 1o OF MANUFACTURES

The United States has suddenly come~ the worlds largest exporter manufactures. Prior to the war, -0sding to a compilation by the tional City Bank of New York, we Id third place among the nations the world as an exporter of man. lctures, being clearly outranked in line by Great Britain and Ger my. With the opening of the war, wever, and the suspension of rmany's export trade, we took rank Et to Great Britain as an exporter manufactures, and with the enor- Dus foreign demand upon our fac ies we have now passed Great itain in the race and stand at the ad of the list>~of nations exporting nufactures.
 The worlds exportation of manu- ;tures in 1913, the latest normal ar in international, trade were, ac- rding to the banks compilation. ted in very round figures, Great itain $2,0OO, ,00O,0 900 of domestic Lnufactures exported, Germany $1,- ,OO0, 900 United States $1O99, 9,00O,- b, France 5,000,000, Belgium proximately $4OO, ,OOO,G4O, Austria ngary $375OO0, 600, Italy $275, 5,000,- D, Netherlands $250, 0,000, Japan 25,OOO,OOO, Switzerland $200,0OO,- D, India $125, ,OOO, 900, Sweden $100,- 900, Canada $77,000,0O0, Russia 900, 900 and Spain $50, ,000, all these figures being in very round ms. Thus the grand total of man Actures entering international trade
 ,e year beSore the war, was about .k00O, ,00O,0 900, of which the United Ates supplied about one-eighth, or round terms $1,000, 100000.
 About 90 per cent. of the manufac- res entering international trade in 13 was the product of countries W at war. In certain of the coun- es, notably Germany, Austria lngary, Belgium and Russia, ex- rtation of manufactures was sus- nded, and in others, notably ance, Italy and Netherlands, the portation was greatly reduced. In II others, however, notably the hited States, Canada and Japan, the oducticn and exportation of manu- ctures greatly increased following war. In the case of the neutral untries of Europe there was little ange and the official figures of eat Britain show comparatively tie change, though presumably ey do not include all of the war aterial sent out of that country by eg government especially that going France.
 The chief countries which show a arked increase in exportation of anufactures during the war are the hited States, Canada and Japan. IE e case of the United States the in ease has been especially in materia, the battlefield and the use of the lied troops, but there has also beer large increase in exports of oul anufactures to the neutral world tin America, Asia, Oceania, Afric; Id certain countries of Europe. Int tai value of domestic manufacture ported from the United States il e fiscal year ending with June, 1914 of which preceded the war, ag -egated $1,099, 9,00O,00O, in 1916 $3, I7 1000, ,00O and in 1917, $4,019,0O0, Do, while Great Britain's total ex brts of domestic manufactures il IF were but $2, 100000, or abou behalf those of the United States il at year. With the Central powers ussia and Belgium no longer ex brting manufactures, and France ally and Netherlands greatly reduc 2 their exports, it is estimated tha e total value of manufactures en ring international trade was bu ttle more than S8,000, 100000 O lIich the United States supplie early or quite one-half her total ex orts in that year having been a ibove indicated $4,019, 100000.
 Of this enormous exportation ( lanufactures of the United States i b17, practically four times as muc |ks before the war and twice as muc that of Great Britain in 1917, nor nan one-fourth was destined for th attlef1elds of Europe. Explosive hone amounted to S634, ,00O, ,OOt lanufactures of brass, largely fc reduction of shells $240, ,0O0, ,00t hemical which were large for tn manufacture of explosives s193,000 Do, firearms $97,000,OOO, wire $40 0O, 900 and zinc SAo,O00,O00. Tn btal of iron and steel manufacture all kinds exported from the Unite tates in 1917 was S1,235, ,000, ,00 gainst $S91, 100000 ir 1915. Muc the increase in manufactures othe han those for war purposes went latin America, Asia, Africa, Oceant nd other neutral countries of EuroI which the United States shove Arge gains in the exports of 191 ompared with those at the beginnir f the war.