The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-11-11

nine months of the calendar year, shows
very important variations frcm that of the
same time of 1879. The imports amount to
SolSS0O,OOO, against 1855. 100000 last wear.
while the exports are valued at $500 Goa. 900
compared with S5l7. 20000 in 1879: show.
ing an increase of Sl92,610O0O in the inn
ports and of Sl0i 800 900 in the exports.
FOR the last nine months, the exports of
merchandise exceeded the imports by S73,-
SUI UOO, and we made net importation of
specie amounting to 500 100000, leaving A
balance in our favor of S44 100000. For the
same period of last year, the merchandise
balance was Sl6l50000Oin our favor, and
we received (net S25 800 900 of specie; leay-
Ing balance in favor of the United States
of $lS6,t00,000
The Commercial Bulletin of New York,
says:
The very much larger ratio of increase on
the Inn orts than on the exports shows at
what a rapid rate the irregularity between
the two movements that has existed during
the late exceptional years is being extin-
gulshed But the disparity is still so great
as to require q considerable importation OF
specie TO adjust the balance. The balance
Tor the first three quarters of this year proba-
bly, barely sutHcel to pay eight on our i'm
ports, brought 10 foreign vessels, aud to
liquldate the Interest on oar obligations held
in other counties; while during the same
penod Of 1879, we must have re, eived from
abroad something near $l00,0O000O of secu.
rites IN settlement, 1t hardly admits of a
question whether We can continue much
longer to export in excess Of our imports to
such an extent MS to bring hither in settle
ment very considerable amount of for
eign gold. So long as Europe had to
pNrt with It's specie in order to obtain bread
from us it had no alternative but to let it
come. But those necessities are now far less
urgent than they have been, and the time
must be very close ut hand when the great
banks Of Europe will begin to consider
whether they can afford to part with more
gold. At present the drain falls almost ex-
clusively, in TIE last issue, upon France,
which can part with considerable sum out
OF h9T vast stock without severely feeling the
effect; but even there uneasiness begins to be
felt, and if the demand should happen to be
transferred from Paris to London an event
quite possible when England begins to buy
wheat freely-we shall soon see steps taken
to check the movement, for the present
active revival of British commerce would be
sharply checked by an important withdrawal
of gold from the country.
A good deal is written and said about the
slow movement Of cotton this year, but &C
cording to the Commercial and Financial
Chronicle the movement is in excess of any
one of the four preceding years. The re-
ceipts from all the ports from September
to October 90, this year, were |, 1894 296 bales,
against 222 1856 bales to the same date of
1879; 1005 355 bales in 1878; 1927 bales in
1877, and 1,009,547 bales in 1876. The ex-
ports from all porIs tor the same time were
G9S, l03 bales this year, against $4,000 in
1879, and 432, 842 bales in 1873.
Wooden manufactures in this country have
increased fully so per cent. within ten years,
1870 to 1880, and cotton manufactures
20 per cent? silk manufactures are
now three times as great rs they were in
1870 the raw silk consumed the last year
having been Sl2,000OO0 in value. The
values are assumed above, footing 500 000,-
0OO are therefore not in excess, but rather in
deficiency. Ca the other hand, the importa-
tions were, in 1879, cottons, Sl992S, 80 !;
woolens. 1913, 795 81: silks, $24, 9l3 1913 ; to.
gether S67, 737 $50. These were some mil,
lions less in 1878, being then SG4, las, 1853,
while in 1880 there were exceptional i'm
porta;ions, increasing the total to over $780,
900 600.
The following, derived from the reports of
the bureau OF statistics for the last ten
years, gives the values of American m nufac-
tured cotton goods exported in each of the
fiscal wears ended June so: