Export of Ginseng for ten months ending April, 1908, was 144,533 pounds, valued at $1,049,736, against 92,650, valued at $634,523, for ten months ending April, 1907, and 151,188 pounds, valued at $1,106,544 for ten months ending April, 1906.
Since 1858 Ginseng has advanced from 52 cents a pound to $8.00 in 1907 for choice lots, an advance of 1400%.
In September, 1831, Ginseng was quoted to the collector at 15 to 16 cents per pound.
In the first place, practically all the Ginseng grown or collected from the woods in this country is exported, nearly all of it going to China, where it is used for medicinal purposes. The following figures are taken from the advanced sheets of the Monthly Summary of Commerce and Finance issued by the United States Department of Commerce and Labor. In the advanced sheets for June, 1906, we find under exports of Domestic Merchandise the following item:
Twelve Months Ending June.
Ginseng lbs.
| 1904 | 131,882 | $851,820 |
| 1905 | 146,586 | $1,069,849 |
| 1906 | 160,959 | $1,175,844 |
From these figures it is clear that the Ginseng crop is of considerable proportions and steadily increasing. It is classed with chemicals, drugs, dyes and medicines and is in its class equaled or exceeded in value by only three things: copper sulphate, acetate of lime and patent medicines. These figures include, of course, both the wild and cultivated root. A little investigation, however, will soon convince any one that the genuine wild root has formed but a small portion of that exported in the last three years. This is for the very good reason that there is practically no wild root to be found. It has been all but exterminated by the "seng digger," who has carefully searched every wooded hillside and ravine to meet the demand of the last few years for green roots for planting. Practically all of the Ginseng now exported will of necessity be cultivated. Of all the Ginseng exported from this country, New York State very probably supplies the greater part. It was in that state that the cultivation of the plant originated and it is there that the culture has become most extensive and perfected. The largest garden in this country, so far as known, is that of the Consolidated Ginseng Company of New York State. Here about ten acres are under shade, all devoted to the growing of Ginseng. The crop is certainly a special one, to be successfully grown only by those who can bring to their work an abundance of time and intelligent effort. For those who are willing to run the risks of loss from diseases and who can afford to wait for returns on their investment, this crop offers relatively large profits.