The state capital., 1891-10-17

eF TO j VI. WHICH was Sio,7JU.4ZJ. DuTlHS Hso
same eleven months of lsg)-91 the value
OF the expofts of merchandise has ex'
ceeded the value 6f tile imports by the
sum of s77,s6 1886. The impo tar1te OF this
large excess of exports over Inn
ports will be appreciated when it is CONS
pared with the excess OF exports of the f1s-
cal year 1890, whelf 1t was s6S, ,51s,275 In 1889
| the balance of trade was against us. and the
imports exceeded the exports s5,731.277. In
1883 the balance against US was still larger.
and the imports exceeded the exports s2S,i
022, ,607. 1t will be observed that the increase
i'll the value of our exports of merchandise
Is large and very gratifying. The value OF
our exports for the eleven months ending
August 81, 1891, viz. sSio571,3n, exceeds the
value of the exports for any year in the his.
tory of our commerce, except the fiscal
years 1881 and 1890. The value of our exports
for the twelve months ending August 81. 1891,
which includes September, 1890, and the first
eleven months under the new taritf, was
s9t ,96i 43S or I'm fottnd numbers about ~ ,00o.-
OC0 greater than during any Previous fiscal
year. This large volume of exports OF mef-
chandse and the excess of the same over
the value of imports of merchandise is very
gratifying.
CHARACTER AND VALUE OF EXPORTS.
The large increase in our exports Is al
most wholly confined to two classes--yiZ:
The products of agriculture and maiuiac'
cultural products during the twelve months
ending August 81; 1891, was sGi3, I'LL .265,
against $780, 425 Oi6. for the like period OF the
prior year, an increase of s3o. 2S6,2i7. Ihe
exports of manufactured products amounts
ed to Sl7O,560 31l, against s150,5704l for tile
prior period, an increase of $l9963,2I0. Ihe
combined increase in these two classes or
xports amounted to s55, ,269 4S7. During the
month of August, 1891, there was an increase
| in the value Of exports OF the products OF
agriculture as compared with August, loao,
of SIS 1892 and an increase OF manufac-
lures of s5t9, 9,552. There was also an increase
| in the products of fisheries and of miscel-
laneouS products.
| IMPORTS AND EXPORTS UNDER RECIPROCITY.
The reciprocity clause of the new tariff is
opening new markets and increasing the de-
mand for our products. During the year
ending June 3d. 1sy) our exports of domestic
products to Brazil amounted to Sl1, ,912. i96,
| and in 1891 to S1f.0ig 273, an Increase of ST.
| 146,777. The treaty with Brazil went into cf
| feet April last, aud it is not to be expected
| that the results will be very marked as yet
| During the five months ending with August
| H. 1890, our domestic exports of mer.
chandise to Brazil amounted to 5,l33, $50,
and during the same period of 1891 under
| the operation of the reciprocity treaty. to
| Sc, SOB, 1872, an increase of s1.169,592. During
| the month of August last alone, as compared
| in the value of our exports of merchan-
disc to Brazil of s702, 1908. This increase in
| exports to Brazil since the reciprocity treaty
I went into effect was mainly in locomotives,
steam engines, machinery and cars for
| tramways and railways, wheat, flour, bacon,
! boards, planks, etc. There has been de-
crease In the exports of wheat, lard and cot
| ton manufactures Our trade with Brazil
will doubtless continue to largely increase.
The reciprocity treaties with Santo Domingo
and with Spain concerning the trade rela-
| tions with Cuba and Porto Rico did not go
| into effect until September /, and rs yet
| there are no available statistics to show
the effects of the treaties upon our COM
| merce. These will appear later on, and will
| probably show an increased demand for our
products During the year ending June 80,
| 1884, the value of our imports of merchandise
was From Cuba, LIZA, 395; Porto Rico,
| s. 16i,1I0; Stnto Domingo, 16l0,3S0 During
the same period the value of our exports to
these same countries was: To Cuba, S12,-
| 22l,sSS; Porto Rico, 81, ,234 Santo Do.
| mingo, 81, ,023,751.
Our imports from these islands consist
principally of sugar and molasses, tobacco
and manufactures thereof, and fruits and
nuts. Our exports to these islands arc
| chiefly of prov visiOns. comprising meats and
dairy products, breadstuffs, manufactures
| of iron and steel AS these islands hav3
| imported from other countries largely of
| these and other articles, and by the recent
reciprocity treaty the heavy tariff has been
| in part or whole removed from the products
| that will be exported to them from the
United States, it Is reasonable conclusion
that there will be marked increase in our
| exports of agricultural and manufactured
products, more nearly equaling our large
imports from these islands.
| PRICES OF LEADING ARTICLES.
| Much inquiry has been made in relation to
prices OF leading articles, and for informa.
| tion upon this subject tables of prices OF
| numerous articles obtained from the most
| reliable sources are furnished as follows:
| 1870. 1891.
| Cotton cloth, per yard ........$ G9l2 OS7s
| Printed cottOns, per yard. t6l2 t6
| Iron nailS...... ........... 1 % 80
| steel nails. 10 80
| Steel rails. 81 oO 50 fiF3
| Binders twine, four grades,
| average. ge....................... 1874 S1I6
| SUGAR.
Cut loaf, sc in 1891, against -16c in 1890.
! Crushed, sc i'm 1891, against 1-16c in 1890
| Granuated, 4ssc in 1891, against Csc in
| 1890.
| Standard A (grocers) ,4A cents 1891, against
| 6sec in 1899.