Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1875-05-07
CUR Foreign Grade.

/ w = al aOoNb W ScAoIblSA VIC Cf-t
statistics of the exports and imports
of the United States as throwing light
on the state OF BUSINESS. Regarded
from this point of view, we shall find
that they afford interesting aud N
portant information. LIT US first loo K
at wnat IS sometimes called the 'sbai-
ance OF trade" In other words let us,
see whether our exports pay for orr
imports. Ne have taken the period
covered by the three calender years,
! 1872, 1873 and 1874. We have con-
| sidersd the trade III merchandise only,
and We have used Ill ali cases the gold
Values. We find that IL 1872 our i'm
ports exceeded our experts by tue i'm
mense sum OF $lS7, 1876, ,751, an excess
of imports greater th II has ever hap
| pened before OF since iii the history Of
! the commtIce Of the country. Ia 1873
! the excess. CT IMPORTS fell to So iJU.-
| III, ard in 1874 there was all excess of
! exports amounting tn 81. 756, 64e. So
| far, then, as touches our ind ebte dueSs
! 10 Iofei8a ere dI;Or.I, the 16Su.t OF ,Ft-
| trade in 1874 Is nearly two hundred
million dollars more favorable 70 us
! than it WAS ln 1872. The f.lrd tinaes
have been OF thaJ much service to IL.
Iroce2uI.g X To tXalnin- tie I'M
ports, we fu0 th@t the total value ii
the mr'chasIuI5e imported was 1850
964. t,)9 IN 1872. <55,'f, ,2lS 04S in 1879,
ana , JO2. II, 5U7 ia iS74-a rapid dc
cfease, aggt egatilg nearly one nun
ired III lion dollars when compared
with 1872 This Il crease is rarity the
result 81 pow rty, but mainly the effect
81 wholesome eeonUmY and retreDcil-
uleiit. The source both Of the poverty
ai.;t the economy Is tie crisis of 1873
dow much is due to necessity and
hu'y much to chuc in the retluct' on
"h.ch has taken place III our imports?
Ne axe nOt without some lnd C, tivI..'
Oh tins point. TIA, coffee and sugar
are three very important articles III
our import trade Nearly the whole
Quantity OF these Indispensable coru-
mOdItlea con tiilleti by our population
is impaired ii we We're real = 'grOuu2
down o. pn%er'y the imports of Il. 81
Articles would show decrease Such
however, is not the fac. r. 1872 ysc
imported tea, cUtfeo and brown sugdr
TO The value oi s5i43, 02l ,397, III 1873 80
the value Of Sll7, 5U7. .241. unti lii 1874
10 the value Of $i54, 457, 9ii. HAe de-
crease III cnr Impoitz has therefore
not been IN articles of necessity.
lake next the imports OF dry guodS,
cottnus, tgopltns, silks s,;.d ilucns. Ia
the consumption Of these th. re has
been tor two years past great deal Of
economy, and Eu greater economy,
perhaps, Ia the u5a Oi iOIe gn artIc e
than II those Of domestic n4.ti.uiactuTe
Ne tiud t0at Jur. totlj value Of Cotton,
woolen, silk aud itafn goods i'm ported
iatU t.:e county has deer sed tro0l
STAT, GJ2 7I3 IA 1872, 70 $.I26, 255, $50
IL 1873, and still further to $iUJ, ,234,
6Il III 1874. Tee zeal d. crease III con-
un nptsOI has Lot been so rapid as IL
I.cat.G by these figures, Tor two I,as-
ons. IL tne tirsi place, The Stucaa j.
the warehouses; and stores throughout
He cOuutTy are less than they were
two years ago, and III the secoAd
p!ac, the ca! .,e.iy ct our uW4 mnI4u-
featuring establishments is mucL
greater than II VAS at the beginning
Of 1872
Another class o. articles which We
used to import largely are the manu-
factures of iron and steel. Last year
We imported these articles TO the value
% 81, 50 /, 031; whereas III 1873 we I'm
ported them TO the value OF 40, t64,-
go, aId IA 1872 to the vaiue ii
SCI, 72l,227. 1t is hardly possible hat
he value If Our impurta,IOas Of lro:
and steel w,ii ever again reach the
large total OF 1872, aLu Ii Is not un-
likely that IN the course Of a few rei,.s
we may export IRON ald STEEL to E!i-
rope. Having touched on the nT;ncI-
pal articles imported, ana accounted
for tie falling off il their aggregnta
value, We pow turn to the exports.
Tte aggregate value cf The export,
Of mcrcnaudIse. Inc.udlng foreIcu
goods lie expo ted, has increased fTo..a
"A tosI # S468. 837. .9t8 IN 1872, 10
$567, 157, SGT III 1873, aua S5G9, So, DOB
IL 1874 This Increase is mainly due
TO the exports % breadstuff5 ard pro
Visions Lie currency value of the
exports Of these articles was s5i5l COL,
U16 III 1872; $2I0, JS4, ,9St III 1873;
&2221 5li.4lG III 1874. Oaly Il few
wears ago the value of our exports Of
,-utt Oil used to be more than Chat o. II
our 9th exports comujued but lat
wear it fell below that Of the bread
stuff ard provisions. The total cU
reucv value OF the cotton exported
was SI97 TOO. 6Ju III 1872; Sz2I. 1d8, G46
Ill 1873. ai.d :2iJ, 81, 40 IN 1871.
Cotton, t;sJ x fore, is n0 iOaSer king IL
our tur.Ign c-mmerce. Tie Sguta
has yield, Il - the superior numbers
and acrIvuy ot tue Vest.
Under Il %.are,a II taxation less Op-
pres. ". L, &, uAf.3-rct than that falsely
cuilr,i ''Elp,eu..>r," it would not b,.
nialtv years before the manufactured
good, of tie atlantic ) .ss5=s would
take high rank among our exports. -
Even low thy are growing IL lmpur-
tance. Fer example, III 1872 we export
, Il iron aud ettt! to ttIG value OF SlU,
U,},,, 20, IL 1879 10 the value of 9iZ, ,,
I2} $40. and iii 1871 to the value oI
$i.j, ,.}Ha 9}7. lhis, howaveT is not an
intaiit.ie sjSn that We can compel.
Wi IN foreigners for the foreign market,
but s!Id4I t;I.- circuH4 stuIces. Is rather
t r"t;ars!:,a - nd .cttiIg that our
manufacturers, b, ing uhabis 10 nahe
sale, at home, have, II some instances.
cJ51a,i.5. Il - -..cIIuce Thrlr piUducis to !
iUr. ;gnefs ~. tDe bet i; J.tli.thte
terms. Bus n'al kets gained undei
sucn cOmpu.einn are often keptln bet
ter tInl:-s. - l.'G5aL Lasijo IlLtt5t,'0tcG
-Ncir#i)Upfr.
The lo>aes by Saturdays f~e at
Montpelier viii aggregate Sl37, ,OO0.
The Edgcombe. Democrats no1ui,.ate ,
for Convention OH the 18Th oi dune.
4 desperado killed d policeman al
PIvnonth, y ass, who attempted to +
arrest uim.
About dozen disguised meu last /,
week release q d prisoner. contAEed ICr
theft, from the Asha county jill.
4 water spout Oh Sunday lIftid tle /