The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-05-15
COMMERCIAL MATTERS.

Inc lr1sh papers STATE tnat the NUMBER OF
emigrants from Ireland in 1874 was 1928
less than 1873.
At the different Philadelphia ship yards
there is considerable activity, but less than at
this period last year.
In 1873 Prussia produced 81, 347 900 tons
of coal, of the value of ELS, 900, 0O0 The
mines belonging to the State produced about
1900, 600 tons. Prussia, therefore, in the
produce of coal, ranks next to England and
the United States.
Commerce Of the United States,
From the New York Bulletin, 18th ins..l
From the official statement of the Bureau
of Statistics we compile the following table,
showing the imports of merchandise for the
month Of March, for the first quarter of the
calendar year, and for the first nine months
of the fcal year:
IMPORTS EXCLUSIVE OF spEc1E) GOLD VALUE,
1875 1874
For March .$55, 082 IA $3.50 425
mos. ending March 81. lao, 1861 i49 7s4 65s
mos. ending March 81. 1896, 1868 435 Alb, ZIG 56s
1t will be seen that while, as we showed
last week, the merchandise imports for Feb
Tuary exceeded those of last year, those Of
March fall below those Of 1874 by So, 267, 2S1.
For the first quarter of the calendar year the
receipts of merchandise are S959S, 1872 less
than In 1874; while, as compared with the
same period of 1873, they show decrease of
Sd, 26S, 764 Thus we have clear evidence
that the trade of the first three months Of
this year showed no recovery from the COM
mercial depression which set in with the
panic. Taking the nine months extending
from the first of July to the end of March
last, there was o decrease of S14, 848, 100 COM
pared with the same period of the preceding
fiscal year.
As this reduction is but five millions greater
than that shown in the foregoing comparison
tor three months, it follows that the decrease
in the import trade has been especially i'm
portant during late months. In order to
estimate the full extent of the effect Of the
panic upon the imports, we must compare the
nine months ending March 3lst with the
same period Of the fiscal year 1928, upon
which comparison we find q decrease of
$50, BOG, 1873, which is at the rate of II per
cent. Considering that this reduction has
fallen chiefly upon manufactured products,
the effect of the contraction of business here
upon European industries will appear to be
very important
We find the same general decrease in the |
export trade as in the imports, the ratio of
reduction being much larger in the exports |
than In the imports, as will appear from the |
following companion:
Dec in Dec. in
imports. exports. |
For March. g. 267 28l So 91p 166
Three months. 9,598,122 o. 76s O41 |
Nine months. ----..------- H.Sl8,130 40, l53, 692
The exports Of produce and merchandise
show decrease of $38, 76S, 900 for the first
three months of the calendar year, and of
$49, 153, 600 for the first three quarters of the
fiscal year; while the reduction in the imports
for the two periods respectively is So, sos, 900
and Sl4, 848 600. This disparity of reductions
in the inward and outward movements calls
for corresponding variation in the specie
movement
For the first quarter of the calendar year,
the net export of specie was sc, 266, $40
greater than last year; and, for the first three
quarters Of the fiscal year, the excess in the
net export was 24973, 476 over the same
time of 1874. Thus, it will be seen the
deficiency in the exports of produce and
merchandise has been only partially made up
by shipments of gold and silver; how far the
deficiency has been set off by re-
mittances of securities it is impossible to
Judge; there seems, however, some plausible
ground for supposing that an adverse balance
has remained, calling for the large shipments
Of the precious metals which were made in
April and are still in progress.
The following table shows the trade of
esch of the five leading ports of entry during
last month:
Imports Exports of
Of %dse Of mdse Total trade
New New York sio $50 $50 d5s
philadelphia 49,. 3,5a67l2 2,37l,l57 5s97s69
Baltimore 4,ns52s 1855, s29 67O135'
New Orleans. s5O,l54 IL 960;235 1878 392
The import trade at New York was s36, 2OO,-
300, against 81, 000, 900 at the four other
ports; the export trade was about equally
divided between this port and the four others,
and our export and import COM :
MERGE united was $685. 500, 600 compared with
s34, 600, 600 at the other leading ports.
It deserves to be especially noted as a
symptom of the late course of trade that the
amount Of goods in bonded warehouse was
increased from S39, 08O, 288 at the close of
February to S45, 1876 1875 at the end of March.
The value of goods in warehouse at the be-
ginning and end of March compares as fol-
ows with the same period of last year:
1875 1874.
IN March 1st ... 49,, $50 2s8 $54, 1914, 500
IN March 31st..... \. 45,325,1 1875 56,Ol9,34
All steamboats, and hotels use Paragon Yeast
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