The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1891-08-12
OUR FOREIGN COMMERCE.
That of 1890 the Largest in the
History of the Country.
Official Report Of the Bureau Of
Statistics.

The Bureau Of Statistics Of the United
States Treasury Department issued from
Washington review Of the foreign COM
merce and immigration of the United States
during the fiscal year ended June 80, 1901. II
givesal also comparison of the imports and
exports of the past nine months. during
which the new tariff law has been in effect
as compared with the corresponding nine
months Of the preceding fiscal year.
The statement says that the total value of
the commerce of the past fiscal year WAS the
greatest in the history Of the Government
and exceeded the total value of the COM
merce Of 1890 by the sum Of $50. l9l, SOB. The
commerce Of 1890 was the largest for any
year in the history Of the Government up to
that time, exceeding the commerce Of the
prior year by the sum of Sl50, ,6O6, O66, so
that the value Of the total commerce Of the
last fiscal year exceeded the total value Of
the commerce Of 1889 by S341, ~, ,SS9.
Our total commerce during the past fiscal
year amounted to 81, T29 800, $685. During the
year there was an increase in our imports OF
merchandise in order of magnitude, in the
following articles: Coffee, tin plates hides
and skins fruits, chemicals and drugs india
rubber and gutta percha, sugar and molas-
ses, etc. There has been q decline in the
value Of our imports Of wool and manufac-
lures thereof, silk and manufactures thereof,
hemp and jute and manufactures thereof,
breadstuffS and animals.
The total value Of our imports Of ner-
chandise during the last year was SS44. $685.
491. The total value Of our exports Of mer-
chandise during the same period was 1854 ':
425, ,405, which shows an excess in favor OF
exports during the fiscal year Of $50. 5ls, 914::
There was also an excess Of exports 1T
domestic merchandise over such .x-
ports Of the prior year OF S26,9tl,-
T37. The increase in these exports 1as
been in the following articles stated
In order of magnitude Of increase:-Raw
cotton, provisions refined sugar, cotton
manufactures, copper and manufactures
thereof. The value Of the leading articles of
exports from the United States during the
past year was as foilows:-Cotton, $500, 7OS,-
S9S; breadstuffs sl27, ,66s, ,O92; provisions,
$l3S, 1766 63S.
Since the new tariff law has been in opera
tion, from October 6, 1890 to June 80, 1881,
inclusive, tie total value of the imports OF
merchandise was $3.50, 206, ,005, as compared
with s59S, 769, 905. the value of such imports
for the corresponding period of 1892 which
shows an excess for the nine months OF 1871
Of $3l, ,436, 100.
, The value Of the imports OF merchandise
admitted free Of duty during the nine
months ended June 80, 1891, was S295, $685.
6S5, while the value Of such imports for the
corresponding psrioi Of 1890 was S2OS, 49,.
S7S, showing an increase in the imports or
free merchandise during the past nine
months Of SS6, 6,919, 192.
During the same period endet June 81,
1891, the imports Of merchandise paying
duty was Of the value Of 1884, ,42, S4O. as
compared with 1889, 7Ss, 032 for the CORES
pondng period OF 1890, SO that it appears
there has been a decrease during the last
nine months of the fiscal yea: 1891 In tho
value Of dutiable imports OF S55, 543, 692.
It will be seen then, says the statement,
that during the nine months since the new
tariff went into effect Of the total value Of
merchandise imported into this country
1895 per cent came in free, while during
the corresponding period of 1890 34.S per
cent. was admitted free. In fact, it appears
that the valu, Of merchandise imported free
during the last nine months Of the past fiscal
year was greater by $50, ,000, QUO than the
value of such merchandise admitted during
the whole of 1890 and nearly $40, ,O0O, OOO
greater than during the prior fiscal year
ended June so. 1889.
The exports of gold and silver during the
last fscal yeer were slOs, 729, 2Ss, and the
imports were ss6,2l2 3S4, an excess OF e1,
ports Of $72, SIG, 954. The exports of gold
during the last fiscal year were SS6, 800, w
The imports of gold were SIS, 24S .5la.
showing an excess Of exports of gold OF
$681l7, ITO, the largest excess OF exports OF
cold in apy wear OF our commerce.