Wichita eagle., 1889-08-07
TIE BALANCE OF TRADE.

During the free trade administration
of President Cleveland, the balance o
trade in our favor, which had beer
steadily maintained since 1876, gradual,
declined, and in 1888 was changed int,
a balance against this country, amount
ing to nearly $2S, 900, 900, which has now
been liquidated by the export of gold
Since the new policy of the present ad
miniStration has been inaugurated, tn,
current has turned, and at the close O
the fiscal year 1889, we find the advers,
balance reduced to less than $4,000, 900
The following condensed statement i!
from the New York Tribune:
COMMERCE AND IMMIGRATION.
| The value of imports of merchandise
during the last fiscal year amounted t.
$745, 1877 ,476, and of exports to $742. 401,
799, an excess of imports over exports Of
! $2,725,6 T. Of exports, the value of do
nestle merchandise was $3.50, 262, 606
and the value Of foreign merchandise
$12,119.19
The total value of imports and exports
of merchandise was $1,4S7, 529, 275. as
against $1,419, Oil ,621 during the fisca
year 1888, an increase Of $67, CIT, 645.
The value of imports of merchandise
amounted to S745, ,476, as againts
1922 ,951 ia during the fiscal year 1888,
an increase of $21, 70,362.
The exports of merchandise Amounted
to S142, 401 ,799, as against $685., 954. 507
during the fiscal year 1888, an increase
of SAC, 49,, 292.
The value of exports of merchandise
during the last fiscal year was larger
than any other year since 1888, and was
only exceeded by the exports of 1881,
1882 and 1888. The value of imports of
merchandise during the last fiscal year
was the largest in the history of our
commerce, being larger than in the year
1882, when it amounted to. S724 ,639, 214.
During each of the years from 1916 to
1887 inclusive there was an excess of eX-
ports over imports of merchandise, the
yearly average for that period being
1874, 3SS. 312, and amounting in 1881 to
$3.50, 712, us. During the fiscal year
1888 the value of imports of merchan-
disc exceeded that of exports SOS, 002, 607,
and during the last fiscal year only
S2.725,6T.
The exports and imports of gold and
silver during the last nScal year were as
follows: Exports, 500, 641 ,533; imports,
S2S. 963. 013-an excess of exports over
imports of $67, 67S, 400. The excess of
imports over exports of specie during
the fiscal year 1888 was S12. 923, S03. and
during the fiscal year 1887, $24. 113, l01.
The exports of gold during the last fiscal
year were the largest since 1864. and
amounted to $50, ,2S5. The imports
of gold amounted to only S10,2S4,-
SIS; an excess of exports over imports
of $40, 66s.421. This excess of exports
over imports of gold occurred mainly in
May end June last, amounting during
those months to $50, 900, 900.
There has been considerable decline
in the volume of immigration into the
United States during this last fiscal year.
the number arriving being 1854, as
against 5S9,Sl5 during the fiscal year
1883, a decrease of 101, POI. This decline
was mainly in arrivals from the follow
ing countries: From Great Britain and
Ireland, decrease of q ,60s: from Italy.
26.229: from Norway and Sweden, "a
1876; from Austria Hungary, II, 637, and
from Germany, 10, 1873.