The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1891-07-29
BALANCE OF TRADE
Official Statistics on American
Imports and Exports.
AN UNPRECEDENTED BUSINESS
Amount OF Free Imports shipments Of Gold
welsh Tin Plate Makers Do Not
Fear American Competition.

WASHINGTON, July 2S.-Tne bureau OF
statistics OF the treasury department has
issued review of the foreign commerce
and immigration of the United States dur
ing the fiscal year ended June PC, 1891. 1t
gives also a comparison of the imports and
exports for the past nine months. during
winch the new tariff has been in effect,
as compared with the corresponding nine
months OF the preceding year. The total
commerce OF the past fiscal wear was the
greatest IN the history of the government,
and exceeded the total value of the COM
merCe of 1890 by $50, 1y1. 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
oy Sl09, 6Oo,O63. Our total commerce dur
ing the past fiscal year amounted TO 81, 49,
33O,oy During the year there was an in
crease OF our imports of merchandise, in
order OF magnitude, IN the following arti-
Giles: Coffee, tin plate, hides and skins,
fruits, chemicals and drugs, india rubber
and gutta percha, sugar and mOlasses, etc.
There has been decline in the value OF
our imports of wool and manufactures
thereof, hemp and jute and manufactures
thereof, boeadstuffs and animals.
The total value Of exports merchandise
was 1854, 425, 405, which shows an increase
in favor of exports during the fiscal year
of 81, 5l9,9l4. There was also an excess of
exports OF domestic merchandise over such
exports the prior year of S26, 941, 49,. The
increase in exports mas been in the fol-
lowing articles stated IN the order of mag
nitude OF increase: Raw cotton, provisions,
refined sugar, cotton manufactures, copper
and manufactures thereof, iron and steel
and manufactures thereof
The value of the leading articles of ex-
port from the United States during the
past year was as follows: Cotton, $3.50, 7OS,-
o9o: breadstutfs, Sl21, COS, 092; provisions,
Sis, .6:SS. Since the new tariff law has
been IN operation, from October g. 1890, to
June 80, 1891, inclusive, the total value Of
imports OF merchandise is 5000, zoo, COS,
compared with S59S, 769 sos for the cor
responding period in 1890, which shows
an excess for the nine months of 1891 of
S3l, 436, 100. The value of imports of mer-
chandIse admitted during the nine months
ended June 80, 1891, was S295. 900. COS,
while the value of such imports for the
corresponding period in 1890 was $685.
yo3.o1S, showing an increase in imports
free during the past nine months OF
So6, SIy, 1y3. During the same period ended
June 80, 1891, the imports of merchandise
paying duty was of the value of 1891. 242,-
$40 as compared with S2o9, 7SG, O32 for the
corresponding period of 1890. So il ap-
pears there has been a decrease during
the last nine months of the fiscal year
1891 in the value of dutiable imports OF
S55, 543, 692.
During the nine months since the new
tariff went into effect of the total value OF
merchandise imported into the country
1876 per cent came in free, while during
the corresponding period in 1890 34.9 per
cent. was admitted free. IL appears the
value of merchandise imported free during
the last nine months of the past fiscal wear
was greater by S30,OO00OO than the value
of such merchandise admitted during the
whole OF 1890, and nearly $40, 900, COO greater
than during the period of the fiscal year
ending June 30, 1889.
Exports of gold and silver during the
last fiscal year were SOS, 72y, 2SS. and i'm
ports SO, ,;}S4, an excess of exports of
So, 5l6, 954. Exports of gold during the
last fiscal year were SIS, 1853 622, imports Of
gold, SIS, 246, 512, showing an excess of ex-
ports of s6S, liz, ll0, the largest excess of
exports of gold in any year of our COM
merce.
There has been large increase in the
volume of immigration into the United
States during the last fiscal year. The
total number arriving was $50, 4j6. as
against 45l, 2l9 during the previous year,
an increase of 104, 277. This increase is
largely from the following Countries Italy,
%. 1854; Austria Hungary. Il, sol; Germany,
y, ID; Russia, including Poland, ., 245.