OCR Text |
Show MANUFACTURES. AND FOREIGN TRADEi More than one-half of the foreign trade of this greatest year of American Ameri-can commerco is conducted by or on behalf of our manufacturers? Over 50 per cent of tho exports In the ten months ended with October were products pro-ducts of the factories of the United States, and 52 per cent of the merchandise mer-chandise imported was for use in the factories The value of factory products exported ex-ported in the ten months ended with October was $607,000,000 worth of manufacturers ready ,for consumption consump-tion and $321. 000,000 worth of manufactures manu-factures for further use in manufacturing, manufac-turing, thoir total forming 50.3 per cent of the entire exportation of domestic do-mestic products, this being the first time In which manufactures formed as much as 50 per cent of the exports of the period in question The value of crude materials imported for uso in manufacturing was $521,000,00.), and of manufactures for further uso In manufacturing $203,000,000, the combination of the two classes of materials for use in tho factories forming 52 per cent of the total imports im-ports of the period under review and justifying the statement that over one-half of the commerce of the year has been by or on behalf of the manufacturers man-ufacturers of tho country These figures also seem to fully Justify the prediction of the statistical division of the bureau of foreign and domestic commerco that the exports of manufactures in the year ending with this month will exceed $1,100,-000000, $1,100,-000000, since a continuation during November and December of the monthly average attained in the ten months would bring the total above that sum. The value of manufacturers' manufactur-ers' materials imported during this ear will apparently exceed $900,000,-000, $900,000,-000, making the aggregate value of merchandise imported and exported by or on behalf of our manufacturers over $2,000,000,000. against less than sl.tion.iino.O.io a decade ago |