Fisherman & farmer. [volume] (Edenton, N.C.) 1887-19??, 1891-08-07
OUR FOREIGN COMMERCE.
That of 1890 the Largest I'm 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 a review OF the foreign com
nerce and immigration Of the United States
during the fiscal year ended June 30 1891. 1t
gives also comparison of the imports AID
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 fisca1 year was the
and exceeded the tota- value of the COM
MERGE Of 1890 by the sum OF $50, 191, 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 1853, COG 066, so
that the value Of the total commerce of the
last fiscal year exceeded the total value of
the commerce of 1889 by $241, 797, $50.
Our total commerce during the past fiscal
year amounted to 81, 729, 33O, 89j. During the
year there was an increase in our imports of
merchandise in order of magnitude, in the
and skins, fruits chemicals and drugs, india
rubber ami gutta percha, sugar and molas-
seS etc. There has been a 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 mer-
chandlse during the last year was SS44 $685.
491. The total value of our exports of mer-
chandise during the same period was 1884,
425, 4O5 which shows an excess in favor of
exports during the fiscal year of $50, 519, 914.
There was also an excess of exports of
domestic merchandise over such ex-
ports of the prior year of $26,941,-
F37. The increase in these exports has
been in the following articles, stated
-. % -
cotton, provisions refined sugar, cotton
manufactures, copper and manufactures
thereof; iron and steel and manufactures
thereof. The value of the leading articles of
exports from the United States during the
past year was as follows:-Cotton, 1920, 70S,-
598; kreadstuffs, S127, 66s, 092; provisions,
S136, 176, 63S.
Since the new tariff law has been in opera
ton, from October 6, 1890, to June 80 1891,
inclusive the total value of the imports of
merchandise was $3.50, 206, O05 as compared
with $59S, 769 905, the value of such imports
for the corresponding period of 1890, which
shows an excess for the nine months of 1891
of S3i, 1876, 100.
The value of the imports OF merchandise
admitted free of duty during the nine
months ended June 80, 1891, was 1895, $685.
655 while the value of such imports for the
673 showing an increase in the imports OF
free merchandise during the past nine
months of $50, 979, 1872.
During the same period ended June 80,
1891, the imports of merchandise paying
duty was of the value of 1884, 242, $40, as
compared with 1899, 1876, O32 for the CORES
ponding period of 1890, so that it appears
there has been decrease during the last
nine months Of the fiscal year 1891 in the
value of dutiable imports of $50, 543, 692.
1t 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
1896 per cent. came in free, while during
the corresponding period of 1890 1892 per
cent was admitted free. In fact, it appears
that the value of merchandise imported free
during the last nine months of the past fiscal
year was greater by $50, 100000 than the
value of such merchandise admitted during
the whole Of 1890 and nearly S40,0000OO
greater than during the prior fiscal year
ended June 30, 1889.
The exports of gold and silver during the
last fiscal yeBr were sos, 70 2S6, end the
imports were S36 212, 1884, an excess OF ex-
ports of $72. 516 954. The exports of gold
during the last fiscal year were $50, 1863, 622.
The imports Of gold were S18, 246,5 12,
showing an excess of exports Of gold Of
$685. III, 10, the largest excess of exports Of
gold in any year OF our commerce.