Baltimore commercial journal, and Lyford's price-current. [volume] (Baltimore, Md) 1840-1849, 1847-11-27

CHINA.-conN1ERCE wITHTHE U. STATES.

ClINA.-CONMEhOEsN w / L IL he u - n lA'''
The commerce between the United States and
China although of long standing, has OF late years
been rapidly growing in Importance. In former
years. very large proportion OF specie was required
on part carry this trade, but latlcrly there
has been favorable change in our favor III this re
spcct, and there now many articles OF domestic
produce which find ready market in that country.
Among the most important of these articles are do
nestle cotton goods; which compete successfully IN
the Chinese market with the English fabrics
The value of commerce with China Tor the
two years ending on the Both June, l,I6, will be
seen from the following statement from Official docu-
mcnts:
Exports. Imports
Domestic Foreign
Products. Products.
lS44-5 ....u 81, 079,3ll.. : l96,634 $l,2>o,9i /
1856 .......l,I7s,lSS... 53,553 b,593,9ol
The amount of specie exported during the two
years. was as follows: lS14-j, : l63,IlO, OF which
Sl5S, $50 was foreign coin, and should be deducted
from the exports Of foreign products in the above Ia
Bile. In 1856, the amount OF spIcl" exported was
Sll2,574, of which i O7,Nil was foreign coin.
The following is a statement OF the imports INTO
China from the United States for the year ending
June 80, 1871.
Domestics pcs $40 ,322 Flour .......jrlS. 500
Vans. -. ,pictls 2,9lO Rrcad..... l5s.l9903
Lead. $50. pigs. 4 $50 Beef. ....... bES. 229
Copper. ....... -. ~ Pork ....... -
Spcitcr ............55O Furs ............ l0527
Cochincal. .Ca'nS.. ia Candles go. Grs. .2dJ
Ginseng picldS.. .2,I9O Specie. S7&3,i33
OPIUM .CheStS $50. ~
1t will be seen that the leading article imported
from this country domcstics, which for the last
two years has amounted in value to more than half
of the aggregate import The article OF Flour Is,
we believe a new article of export from this country
China though considerable quantities are exported
to the East Indies.
The principal articles which we receive from China
is Tea the consumption Of which in this country, in
crcases gradually with the population The export
of tea from Canton TO the United States in lN4o b
was Is SOP 1872 lbs, and in Nl6-I, l~,S,6,2'I lbs.
Besides Teas we import from China considerable
quantities of Silks Grapes Casia, and other articles,
the value and proportion Of which for the last two
years may be seen from the following table prepared
from official documents:
lS4i-5. $500.
Teas .................S5 ,730.l0l go. 6.592,o Sl
Other articles ....... 200, Sl3.....l, Isl
The commerce of China with the United states,
exceeds in value that with any other country, except
Great Britain. The following table showing the
principal exports of Teas to different countries for
two years ending June 30, 1871, shows marked
difference in favor of Great Britain and the United
States:
1856. 1-l6-7.
To Great Britain 80. .ljs.57 622 SOB. SO as ,339
United States 5O2 OJ2 IL ,~bb, 81
Holland ............3 054, 1870. -. 3, 05i, $40
Hanscatic Towns ...... 3S3, 252. l,Ol '20o
France ...... ........ 3G4, $50 ..226, ~
From the statistics which we have given above, IT
will be seen that our commerce with China has al
ready become one of much magnitude. 1t has yearly
increased in value and will doubtless continue 10 in
crease, long the concliaory policy ever adopt
cd by country towards that nation, IS continued
This commerce employs some Of the finest vessels
in the world.-BostoH Journal