Norwich bulletin., 1921-01-17
EXPORTS. OF MANUFACTURERS
 CONTINUE To4lhcREAsE

Manufactures continpe to increase the proportion which they form in our export trade. They actually formed over 51 per. cent. of our total domestic exports in the ten months ending with October. 1920, against 45 per cent, in 1910, and 35 per cent in 1900. In fact, says statement by The National City Bank of New York; imanufactures ,ex- ported in the ten months. ending with October. 1S20, were 1s per, cent great
 CT in value than in the same >months of
 1913, while, the remainder Of. the do-
 rneatfc. merchandise exported shows an actual deere ease. in the same period. In
 the ten mont nths. ending wftla October
 mapufaetures expolted showed an in- crease azofS $s30, ,eoe, ,ooo over the same period of last year, while all. other do-
 mestic merchandise exported showed an actual deeai1e of si35 y000 ,000. 5.. This con ii Aueds growth inAthe. exports of finished man ufactur res, right down to
 the latest date p0ssfbls ls+the end of October, I S29;-is, adds dssthe banks statement,t especiallys interesting in view of H;thess expressed 9belief that a large part of theF growth iii our<expofts of finished manufactures rWasS dues to. the absence Iof: European5Ena anufactures in the turing, world and would therefore eprovegsbut temporary when our European rivals should be- gin re- exploiting the noh-manufactilr- | ing sfield<the world over. this return | to export tation of manufactures and the renewed exploitat ton of the foreign l field, the manufacturing countries of Europe have been busy since, the re-
 turn to-. peace and especially. in. the | calendar year 1920, and while it9 is a fact, that the, exports of4Great Britain, France, Belgium and. Italy, now the | chief manufacturers of Europe, do
 show big, increases in 1920 as compar- ed with 1913, it is also fact; that man. 1 ufactures continue to form down to
 the very latest date, possibleg an in | creasing share of the domestic exports
 from: the United. States, stotaling -@ir
 the ten months ending with October
 s, 40, 659, ,0eo against $2,90s, ,000, 900 1T
 the same months 6ff last. year, making
 it perfectly clear that the grand total of nanufa cturers exported in the cal 1 endar year 1S2o&will5 exceed $4, 900, 900,
 6eo*Agdnsts s4s5, ,ooo, ee6 Mathe .calen.
 dar years.1sts, and 1..eo, ,ooe, ,o6o iin4 tht
 year immediately preceding the war
 the. fiscal year 1914 f. $7e7,0oe;eee ,oeo il
 1s1s,; and $4s5. .ooo,eoo, in 1880. rs F.:
 This Affaetl that iiithe gexportaden 0
 manufactures, continues4tos grow doWI
 to the latest possible date seems tt
 justify the hope which had beent.fel that the. manufacturers of ethe ;Unitet
 States would come to the rescue of it foregln strade and sfill4 the kgap whicl might otherwise come through a fal
 off in theis quantity of food and raS
 materials which we shall be able t spare for Sthef foreign world. :. Cotto1
 is our chief raw material for. export ation and when we find that in 1s1
 we could on1ys spare; to ssthe, foreig1
 world 47; per Cent of our product a against s7 perJ cent. in. 1913 and
 per cent in 1s1i; it would appear tha our&exportation of raw }manufacturin materials is declining, while the fac that our exportation of ffoodstuffs i I the ten months: of 1926, showed a ia in, value of 20 per cent. as compare F with tie sam e months of the preced fl Y. .t.-.