Norwich bulletin., 1920-09-01
CONTINUED GROWTH IN
 EXPORTS OF MANUFACTURES

Manufac res continue the chief char acteristic O. our exI ort trade. They have formed says a statement by the National City bank of New York, 52 per cent. of our exports in the current. calendar year, and in the months of May and June 5s per cent. as against 4S per cent. in the same months of last year. The total value of manufactures exported in the calendar year 1920 will, says the banks statement, be not only the largest ever recorded but will considerably exceed $4,000 100000 as against slightly less than $1.GO0, ,0o0,0 900 in the calendar year 1914
 Details of the distribution of manufac- lures in the fiscal year 1920, which are | now at hand. indicate that the world is demanding from us the class of material, required for the immediate use of it's peo- pie. Food, clothing and certain trans portation facilities must be had for im- mediate use, while other lines, such as the building of new railways and fac | tories and the replacement of machinery l operated during the war, can be tempo rarily deferred, awaiting adjustment of costs, and the big increase characterizing | our 1920 exports of manufactures oc- cured in articles required for immediate use.
 Textiles exported in the fiscal year 1920, says the banks statement, aggre- gated s4S5.00o.0 .0t0 against s32SOOO, 900 in 1919, and only SS1, 900 900 in the year preceding the war, an increase of 30 per cent. in value over last year and of 500 per cent. over the fiscal year 1914 Leather and manufactures thereof amounted in 1920. to s292, 900 .00O against s1S3 900 900 in 1919 and s5s.0O0 900 in 1914, an increase in value of 60 per cent over last year and approximately 400 per cent. over 1914. Wood manufactures az gregated s1s9, 100000 in 1920, an in- | crease of 61 per cent over last year mineral oil exports in the various manu- factured forms aggregated s40,0O0, ,000 in the fiscal year 1920. an increase of q per cent. over the immediately preceding year; manufactures of rubber s70. .000. .0UO. an increase of 5S per cent. over last year and more than 400 per cent over 1914 while automobiles capped the climaxe with an increase of 100 per cent as com pared with last year and 700 per cent. as compared with 1914.
 Transportation is an absolute reuuire- ment of commerce, and the present de- mand fer transportation facilities for inn mediate use is evidenced by the fact that the export of commercial cars in 1920 was $42G00,000 against s33, ,0o0, 900 one year ago and only $1,000.000 in 1914; the value of cars for steam railways exported. III 1S-U was S54UUO,OOO against SS2 2,000,- 600 one year earlier, and S7 900 900 in 1914. and of locomotives exported in 192J $43, 900 900 against s25. 900 000 one year agD and $500 ,000 in 1914 The railways i themselves are apparently having to wait until the railway world can catch its breath after the war for the exportation of rails. track material. ties. and car wheels show no increase over 1919 despite the fact that cars and locomotives show an increase of S0 per cent. in value ex- ported in 1920 compared with 191s
 In other particulars it is apparent that the immediate requirements of man are characterizing the worlds demands upon us. Of cotton goods alone the exports in the fiscal year just ended were Ss64.- 000,000. or an average of a million dollars a day against only s232. .000, 900 one year ago and s51, ,000, 900 in 1914, and while a Ipart of this increase is' due to higher prices, the increase in oantities exported
 is very large. Cotton cloths show total
 for the year 1920 of Ss7. 900 900 yards
 against 570.000.OO yards one year ear
 Her, and 415.000. .000 in 1914. while knit
 goods are s5200,0O0 against s27. .O0 900
 one year earlier and only S25OO 900 in 1914. In woolen goods. of which we
 scarcely expected to become any consid-
 erable exporters the total for 1920 was
 S56000 600 against s31 1000 900 one year
 ago. and less than s5.000.OOO in 1914
 while in silk manufactures. for which WIG bring the raw material from other parts
 were sS6,000, 900 against less than s3 000. .-