The Bridgeport times and evening farmer., 1918-11-08
u S. MAY Be The
CLEARING HOUSE
FOR ENTIRE WORLD


come after the war a great clearing
house for international trade cannot
yet be determined with accuracy, but
certain it is that the foreign merchan-
disc re-exported from the United
States has shown tremendous gains
during the war period, and in the year
which ends with next month will be
about three times as much as in the
year preceding the war and four times
as much as a decade ago.
The total value of foreign merchan-
disc re-exported in the calendar year
1918, according to a compilation by
The National City Bank of New York,
will approximate S1OO,O00,OO0 against
$64,0O0,O00 in 1917, $60,O00,O00 in
1916, and $4,000, 900 in 1913.
Up to the war period the growth in
re-exportation of foreign merchandise
had been slow, the total value of for
eign merchandise re-exported from
the United States having been $10,-
600, 900 in 1879, $13,000,0O0 in 1889,
100000 900 in 1899, $27,0O0,OO0 in
1909 and $36,00O,OO in 1918. Then it
began rapid advance as above indi.
Gated and in 1918 the total will APP
proximate and perhaps cross the
S100,00O,000 line. The total for the
nine months ending with Sept. 9.
1916, is $71,684,49 against $43, 405,-
ASS in the same months of 1917
Should this great show of increase
continue during the entire year the
| total for 1918 would exceed 500, 000,-
| 900 against s64,OO0,O0O in the former
| high record year of re-eXportation Of
| foreign merchandise.
Exports Principally Food.
Fnodstuffs and manufacturing ma
| terials are the chief articles in which
! this increase in re-exportation of for
| eign merchandise occurs. Rice, corn,
wheat, tobacco fruits, fish, fresh beef,
! tea, beans and peas show large in
crease in re-exportation. So have also
! certain manufacturing materials es-
| pecially sisal, leaf tobacco, raw silk,
and pig iron. OF rice chiefly from
Japan the quantity re-exported in the
seven months of 1918 was 100000
| pounds, valued at $3,904,000 against
i4,272,0 900 pounds valued at $308,0OO
| in the corresponding period of 1914
all of which preceded the war. This
great wheat growing country also re-
exported no less than $4,000 bushels
which had been brought in from
abroad chiefly Canada against $4,000
bushels in 1914, the value in the seven
months of 1918 being $2,598,00
against $6S5,00O in the same months
of 1914.
Tapioca which we bring largely
from the Latin American countries
shows a tremendous increase in re-ex'
portation, the figures for the sever
months of 1913 being $1,917,0O(
against 900. in the corresponding
months of 1914.
Cocoanut meat or copra brough
chiefly from the Philippines and othel
} Pacific islands showed a total of 2S2,
600 pounds in the seven months O.
} 1918 against only 100 pounds in thu
corresponding months of 1914. FISH
re-exported In the seven months o
1918 aggregated $1.17O,O00 in valu'
against $168,OO0 in the corresponding
months Of 1914.
Manufacturing Materials Scarce.
In manufacturing material there ar
a. few articles showing increases blu
in very large proportion of cases tn
: re-exportation in 1918 is material,
less than that of 1914, this being du
of course to the very large demand
of our own manufacturers for manu-
: featuring materials. OF wool the re
: exportation in the seven months o
1918 is but 477,000 pounds agains
i, 8, $4,000 in the same months of 1913
!; while of tin the quantity re-eXporte
in the seven months of 1918 is bu
$4,000 pounds against 10000
pounds in the same months of 1914
Raw silk chiefly from Japan, shows
material increase in 1913 when com
pared with 1914 both in quantity an
l value, the stated value of raw sill
exported in the seven months of 191
being $2,537,00O against s35S,OO0 i
the same months Of last year.
: India rubber, there is a marked In
e crease, the total re-exported in tn
S seven months of 1918 being $4,000
y pounds against 2,595, 900 pounds IN tn
d same months of 1914, while Of hide
the total quantity re-exported in tn
It sevei. months of 1918 was 4,422,OO
n pounds against 1901, 900 pounds /
l. the corresponding months of 1914.
% Coffee and cocoa chiefly from Lati
W America show a marked increase l
g the quantity re-exported. the tott
A quantity of foreign coffee exported i
: the seven months of 1918 having bee
25,66s, 900 pounds against $4,000
" the same months OF 1914. and of coco
A. 7,1S8,000 pounds against 2,lOo,oOe
the same months of 1914.