The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1891-08-13
DEFERRED ARTICLES.
Our Foreign Commerce.

The is,sreau of Statistics of the Treas
ury De;,ssi s:aesat. on the 2Sth, issued 9
summary statement and review of the
foreign commerce and immigration OF
the United States during the fiscal year
ended June 3Oth, 1891. 1t gives also a
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 proceeding 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 exceeds the total value
Of the commerce of 1890 by $82, 49,, 1903.
The commerce OF 1850 WAS the largest for
any year in the history of the govern
ment up to that time, exceeding the com
MERGE of the prior year by the sum
$3.50, SOC, 066, SO that the value of the total
commerce of the last fiscal year exceeded
the total commerce OF 1889 by S241, 1884,
$50. Our total commerce during the
past fiscal year amounted to $l, 729, $780,
500. During the year there was an in
crease in our imports of merchandise in
the order OF magnitude in the following
blClCSt NOiCN, PAeSpNR3 14'AtSS 1AAN
skins, fruits, chemicals and drugs, india
rubber and gutta-percha, sugar, mo-
lasses, etc. There has been decline in
the value of our imports OF wool and
manufactures thereof, hemp and jute
and manufactures thereof, breadstuffs,
and animals.
The total value of our imports of mer-
chandise during the last year WAS $S44,-
9O5, 491 The total value Of our exports
of merchandise during the same period
was $685., 1926, 405, which shows an excess
in favor of exports during the fiscal year
of S39, 519,914 There was also an excess
of exports Of domestic merchandise over
such exports OF the prior year OF $780, 41,
1877. The increase in these exports has
been in the following articles stated in
the order of magnitude 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, $685.
1893; breadstuffs. 1927 ,66S, 092; provis-
ions, $13S, 176,63S.
Since the new tariff law has been in
operation-from October 9th, 1890, to
June 80, 1891, inclusive-the total value
Vi tllC lpOEto Ot nCiC1lddoAoC Wbo pocoi-
2O6, COS, as compared with $598, 769, 905,
the value of such imports for the CORE
spending period of 1890, which shows an
excess for the nine months of 1891 of
$31 ,436, 100.
The value of imports of merchandise
admitted free Of duty during the nine
months ended June Both, 1891, was $780,
963, 665, while the value of such imports
for the corresponding period of 1890 was
$208, 9S3, S73, showing an increase in the
imports OF free merchandise during the
past nine months of $50, 979 792. During
the same period ended June 30, 1891, the
were of the value of 1884 2242 $40 as com
pared with 1899, 1856, 032 for the CORE
spending period Of 1890; SO that it ap>
pears there has been a decrease during
the last nine months of the fiscal year
1891 in the value of dutiable imports OF
500, 143, 652.
1T will be SEEN" 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 1896 per cent. came in free,
while during the corresponding period
of 1890 "a. 90 per cent. were admitted free.
In fact, it appears that the value of mer-
chandise imported free during the last
nine months of the past fiscal year was
greater by $4,000, 900 than the value of
such merchandise admitted during the
whole of 1890, and nearly $40,o00,000
greater than that during the prior fiscal
year ended June 80, 1885,"
The exports of gold and silver during
the last fiscal year were $108, 729, 2S8 and
the imports were $50, 212, 344, an excess of
gold during the last fiscal year were
$50, 1868, 622, the imports of gold $18,246,>
512, showing an excess of exports of gold
of $68, III, ITO, the largest excess of ex-
ports of gold in any year of our com
MERGE