New Britain herald., 1930-10-22
Manufacturers of New England Report $l96,000 00,000 Exports,
 Small Part of Total Business

lueStlOnnalfeS were mailed 10 all manufacturers (approximately g. 000) who were believed to export some portion of their product. Of the 1000 replies, some 4,00O indi- reported exports, and over HOO re- ported imports. Among other ques- tions, the schedule asked the value and quantities of manufactures ex- ported in 1928, the percentage which such exports bore to the total an- nual business, the trend of the ex- port business in recent years, the geographic regions to which exports were made, the importance of vari- ous export routes, and the factors considered in selecting these routes. Information was also requested re- garding the kinds of imports used by reporting manufacturers the ap- proXimate quantities imported, and their value. Answers to these ques tions are fully presented in the 33 tables, IS charts, and terse descrip- tive matter of the survey.
 Value and Nature of Exports
 Major classes-The total value of exports reported by more than 2,OO0 New England manufacturing con- cerns was approximately s196,0O0,- 900. Among the II major classes shown, machinery and vehicles was the most important class, with a value exceeding $4S,000,00O, or about 25 per cent Of all exports from New England. This is follow ed closely by metal manufactures, and the two classes together make up nearly half of the total value. The largest number of manufactur- CTS engaged in exporting were found in the metal groups. with textiles next, and wood and paper third
 Individual commodities. Of the 45 principal commodities exported by New England manufacturers, leather ranked first, valued at near ly s2O,000,000 The next five con- modlties, in order of importance, were hardware, cutlery and mechan- ics' tools; cotton manufacturers; in dustrial machinery and parts (other than textile, electrical. printing, and agricultural, which were tabulated separately; rubber manufacturers; and office appliances and supplies Each of these six groups exceeded s10, 0,000,000 and together made up 90 per cent of the total value. It is significant that of the IA leading commodities exported, each exceed ing s5.000,000, all but 5 were metal products.
 Size of Annual Export Business
 Over half of the 1000 reporting manufacturers had an annual export business of less than $1O,000 each. The value of their aggregate exports, however, comprised but 1.6 per cent of the total. More than one-third of the firms had exports of less than $5,O0O each. and nearly half of these reported sales of less than S1,000 each. It is noteworthy that 14 per cent of the total number of compan- ies, whose exports exceeded $100,000 account for more than S6 per cent of the total value of exports.
 Percentage Of Total Business
 Over half of the 2,000 companies reporting, said their foreign sales ranged from 1 to 15 per cent of their entire business. The exports of these concerns accounted for 52 per cent of the total export value. The exports of 1O7 companies represent cd between 15 and 25 per cent of their entire business, accounting for 12 per cent of the total value for the section. Twenty mine companies reported that 50 per cent. or more of their total sales were made in for eign markets, and over half of these reported 75 per cent or more. These 29 companies, however, accounted for less than per cent of the total value of exports.
 Exports By Individual States
 Massachusetts Leather, the leading export for New England as q whole. in point of value, likewise ranked first in Massachusetts. It accounted for practically s per cent of the total state value. If leather. leather footwear and other leather manufacturers are taken together, their combined value exceeds 25 per cent of the total value of all exports from Massachusetts. More firms re- ported exports of industrial machin- cry than of any other commodity.
 Connecticut Exports of office appliances ranked first in Connecti- cut, accounting for approximately 19 per cent of the states value of ex- ports. It is significant that the first five exports from Connecticut, con- stituting over e per cent of the to- tai, are all metal manufactures of one form or another. The largest number of exporters was found in the hardware, cutlery and mechan- les tools group, which ranked third in value of exports
 Rhode Island - Exports of hard ware, cutlery, and mechanics tools ranked first in Rhode Island, ac- counting for approximately 33 per cent of the states value of exports, By far the largest number of export
 
 CTS were found in the jewelry group, which ranked fifth in value of ex- ports.
 New Hampshire - Exports of in- dustrial machinery and parts ranked first in New Hampshire, accounting for approximately 37 per cent of the states value of exports. The largest number of exporters was found in the industrial machinery and parts group.
 Vermont = Exports of industrial and parts ranked first in Vermont with other iron and steel second. These two groups, nearly equal in value. ac- counted for so per cent of the states value of exports. Tho largest number of exporters was found in the wood manufactures group, which ranked third in value of exports.
 Maine - Exports of paper manu- factures ranked first in Maine. ac-