Publisher's Synopsis
Excerpt from Foreign Commerce of the Philippine Islands: July-December, 1910 and 1911, and the Years Ending December, 1909, 1910, and 1911
The cotton trade in 1910 surpassed all records and reached a value of over ten million dollars. In the reduced total of 1911 practically all contributors of any importance shared in the reduction except the United States and Japan. Textiles, which comprise the greater part of this trade, declined from to but American goods continued to show increased values and represented over half of the redriced total. The introduction of American textiles into the Philippines is one of the most striking results of the establishment of free trade, with the value of these imports in 1908 against in 1911. Prints comprise about 25 per cent of cotton textiles and are for the most part of American origin, as well as the relatively small trade in unbleached goods. In the two leading classes of bleached and dyed textiles the United States furnished slightly less than half of the totals, and these imports by months were fairly constant from foreign countries, but it is to be noted that there was a marked shrinkage in imports of American dyed textiles as well as of prints from both the United States and other sources during the latter half of the year.
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