Business Administration: Theory, Practice and Application. [Vol. 1] Business Economics - Unknown

Year.	Pig iron produced in United States.	Crude steel produced in United States.	Per cent of domestic iron used in home industries (fiscal year).	Price per ton of pig iron, No. 1 foundry.[GG]	Price of steel rails per ton.	Wire nails, price per keg of 100 lbs.	Imports of manu- factures of iron and steel.	Exports of domestic manu-factures of iron and steel.
	Tons.	Tons.
1880	3,835,191	1,247,335	78.44	$28.48	$67.52	…	$71,266,699	$14,716,524
1881	4,144,254	1,588,314	90.23	25.17	61.08	…	60,604,477	16,604,767
1882	4,623,323	1,736,692	89.36	25.77	48.50	…	67,976,897	20,748,206
1883	4,595,510	1,673,535	91.44	22.42	37.75	…	58,495,246	22,826,528
1884	4,097,868	1,550,879	94.20	19.81	30.75	…	40,147,053	21,909,881
1885	4,044,526	1,711,920	96.43	17.99	28.52	…	33,610,093	16,592,155
1886	5,683,329	2,562,503	93.92	18.71	34.52	$3.51	37,534,078	15,745,569
1887	6,417,148	3,339,071	93.13	20.93	37.08	3.15	49,203,164	15,958,502
1888	6,489,738	2,899,440	95.17	18.88	29.83	2.55	48,992,757	17,763,034
1889	7,603,642	3,385,732	97.35	17.76	29.25	2.49	42,377,793	21,156,077
1890	9,202,703	4,277,071	98.10	18.41	31.78	2.51	41,679,591	25,542,208
1891	8,279,870	3,904,240	99.12	17.52	29.92	2.04	53,544,372	28,909,614
1892	9,157,000	4,927,581	99.01	15.75	30.00	1.70	28,928,103	28,800,930
1893[HH]	7,124,502	4,019,995	99.39	14.52	28.12	1.49	34,937,974	30,106,482
1894[HH]	6,657,388	4,412,032	99.64	12.66	24.00	1.11	20,925,769	29,220,264
1895[HH]	9,446,308	6,114,834	99.79	13.10	24.33	1.69	23,048,515	32,000,989
1896[HH]	8,623,127	5,281,689	99.07	12.95	28.00	2.54	25,338,103	41,160,877
1897	9,652,680	7,156,957	99.77	12.10	18.75	1.46	16,094,557	57,497,872
1898	11,773,934	8,932,857	99.79	11.66	17.62	1.45	12,626,431	70,406,885
1899	13,620,703	10,639,857	99.80	19.36	28.12	2.60	12,100,440	93,716,031
1900	13,789,242	10,188,329	98.55	19.98	32.29	2.76	20,478,728	121,913,548
1901	15,878,354	13,473,595	99.71	15.87	27.33	2.41	17,874,789	117,319,320
1902	17,821,307	14,947,250	99.01	22.19	28.00	2.15	27,180,247	98,552,562
1903	18,009,252	14,534,978	94.92	19.92	28.00	2.13	51,617,312	96,642,467
1904	16,497,033	13,859,887	98.95	15.57	28.00	1.96	27,028,312	111,948,586
1905	22,992,380	20,023,947	99.27	17.88	28.00	1.93	23,510,164	134,728,363
1906	25,307,191	23,398,136	98.94	20.98	28.00	1.98	29,053,987	160,984,985
1907	25,781,361	[II]23,360,000	97.83	23.89	28.00	2.18	40,587,865	181,530,871

Year.	Pig iron produced in United States.	Crude steel produced in United States.	Per cent of domestic iron used in home industries (fiscal year).
	Tons.	Tons.
1880	3,835,191	1,247,335	78.44
1881	4,144,254	1,588,314	90.23
1882	4,623,323	1,736,692	89.36
1883	4,595,510	1,673,535	91.44
1884	4,097,868	1,550,879	94.20
1885	4,044,526	1,711,920	96.43
1886	5,683,329	2,562,503	93.92
1887	6,417,148	3,339,071	93.13
1888	6,489,738	2,899,440	95.17
1889	7,603,642	3,385,732	97.35
1890	9,202,703	4,277,071	98.10
1891	8,279,870	3,904,240	99.12
1892	9,157,000	4,927,581	99.01
1893[HH]	7,124,502	4,019,995	99.39
1894[HH]	6,657,388	4,412,032	99.64
1895[HH]	9,446,308	6,114,834	99.79
1896[HH]	8,623,127	5,281,689	99.07
1897	9,652,680	7,156,957	99.77
1898	11,773,934	8,932,857	99.79
1899	13,620,703	10,639,857	99.80
1900	13,789,242	10,188,329	98.55
1901	15,878,354	13,473,595	99.71
1902	17,821,307	14,947,250	99.01
1903	18,009,252	14,534,978	94.92
1904	16,497,033	13,859,887	98.95
1905	22,992,380	20,023,947	99.27
1906	25,307,191	23,398,136	98.94
1907	25,781,361	[II]23,360,000	97.83

Year.	Price per ton of pig iron, No. 1 foundry.[GG]	Price of steel rails per ton.	Wire nails, price per keg of 100 lbs.
1880	$28.48	$67.52	…
1881	25.17	61.08	…
1882	25.77	48.50	…
1883	22.42	37.75	…
1884	19.81	30.75	…
1885	17.99	28.52	…
1886	18.71	34.52	$3.51
1887	20.93	37.08	3.15
1888	18.88	29.83	2.55
1889	17.76	29.25	2.49
1890	18.41	31.78	2.51
1891	17.52	29.92	2.04
1892	15.75	30.00	1.70
1893[HH]	14.52	28.12	1.49
1894[HH]	12.66	24.00	1.11
1895[HH]	13.10	24.33	1.69
1896[HH]	12.95	28.00	2.54
1897	12.10	18.75	1.46
1898	11.66	17.62	1.45
1899	19.36	28.12	2.60
1900	19.98	32.29	2.76
1901	15.87	27.33	2.41
1902	22.19	28.00	2.15
1903	19.92	28.00	2.13
1904	15.57	28.00	1.96
1905	17.88	28.00	1.93
1906	20.98	28.00	1.98
1907	23.89	28.00	2.18

Year.	Imports of manufactures of iron and steel.	Exports of domestic manufactures of iron and steel.
1880	$71,266,699	$14,716,524
1881	60,604,477	16,604,767
1882	67,976,897	20,748,206
1883	58,495,246	22,826,528
1884	40,147,053	21,909,881
1885	33,610,093	16,592,155
1886	37,534,078	15,745,569
1887	49,203,164	15,958,502
1888	48,992,757	17,763,034
1889	42,377,793	21,156,077
1890	41,679,591	25,542,208
1891	53,544,372	28,909,614
1892	28,928,103	28,800,930
1893[HH]	34,937,974	30,106,482
1894[HH]	20,925,769	29,220,264
1895[HH]	23,048,515	32,000,989
1896[HH]	25,338,103	41,160,877
1897	16,094,557	57,497,872
1898	12,626,431	70,406,885
1899	12,100,440	93,716,031
1900	20,478,728	121,913,548
1901	17,874,789	117,319,320
1902	27,180,247	98,552,562
1903	51,617,312	96,642,467
1904	27,028,312	111,948,586
1905	23,510,164	134,728,363
1906	29,053,987	160,984,985
1907	40,587,865	181,530,871

[GG] Not made in commercial quantities in the United States before 1887.

[HH] Democratic and low-tariff years.

[II] Preliminary figures.

Annual Production of Bessemer Steel Rails in the United States from 1867 to 1907, and their Average Annual Price at the Works in Pennsylvania.

Years.	Gross tons.	Price.
1867	2,277	$166.00
1868	6,451	158.46
1869	8,616	132.19
1870	30,357	106.79
1871	34,152	102.52
1872	83,991	111.94
1873	115,192	120.58
1874	129,414	94.28
1875	259,699	68.75
1876	368,269	59.25
1877	385,865	45.58
1878	491,427	42.21
1879	610,682	48.21
1880	852,196	67.52
1881	1,187,770	61.08
1882	1,284,067	48.50
1883	1,148,709	87.75
1884	996,983	30.75
1885	959,471	28.52
1886	1,574,703	34.52
1887	2,101,904	37.08
1888	1,386,277	29.83
1889	1,510,057	29.25
1890	1,867,837	31.78
1891	1,293,053	29.92
1892	1,537,588	30.00
1893	1,129,400	28.12
1894	1,016,013	24.00
1895	1,299,628	24.33
1896	1,116,958	28.00
1897	1,644,520	18.75
1898	1,976,702	17.62
1899	2,270,585	28.12
1900	2,383,654	32.29
1901	2,870,816	27.33
1902	2,985,892	28.00
1903	2,946,756	28.00
1904	2,137,957	28.00
1905	3,192,347	28.00
1906	3,791,459	28.00
1907	3,380,025	28.00