Rensselaer Semi-Weekly Republican, Volume 38, Number 18, Rensselaer, Jasper County, 13 October 1905 — NATION BREAKS RECORD. [ARTICLE]

NATION BREAKS RECORD.

Foreign Commerce Total for Fiscal Year Is $2,635,970,333. All records were broken by the fortign commerce of the United States during the fiscal year which closed June 30. For the twelve months the exports and imports were valued at $2,635,970,333, compared with $2,451,914,642 during the previous year, which was the largest on record. The imports were valued at sl.117,507,500 and exports at $1,518,462,333, both new high records. An unusual feature of American foreign commerce is the small increase in rustoms revenues, notwithstanding the large increase in imports. Dutiable merchandise imported reached a Value of 1600,071,238, an increase of $63,114,107 ever the previous year. Nevertheless, customs duties last year amounted to 1262,060,518. or less than $1,000,000 in sxcoss of the duties collected in 1904. Reciprocity with Cuba reducing the duties on sugar and tobacco, together with Imports remaining in warehouse upon which duties haven ot been paid, account tor tho small increase in revenues. The articles showing the largest increases in exportations during the eleven months for which details are available: Corn, an Increase of $16,000,000, as comriared with ths corresponding period of 004. Copper manufactures, an increase of $25.000,000, about one-third being in exports to China, where large amounts of copper are In demand for coinage purposes. Cotton manufactures, an Increase of $-’-,- 000,000, principally In exports of cotton cloths to China. , nAn ana Raw cotton, an Increase of $9,000,000 during the twelve months. Iron and steel manufactures, an Increase •f $23,000,000. 'itie principal articles showing decreased exports for the twelve months are: REDUCTION. Wheat ’M'SE Fruits and nuts 5,000,000 Provisions ...., • • 5,000,000 Unmanufactured wood t.-- «,oOO,voo The reduction of exports of wheat and wheat flour was due in part to the inadequacy of the domestic crop to furnish any considerable surplus over the home requirements, and in part to unusually large crops in foreign wheat-producing countries. Exports of wheat from the United States during tho fiscal year just ended have been even lower than the year before. Jewels valued at several thousands of dollars have been stolen from the home of H. Van Rensselaer Kennedy, in Hempstead, L. I.