The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-07-29
OUR COUNTRY'S TRADE.
A STATISTICAL STATEMENT FRoM
TIE TREASURY.

The Total Value of the Country's
Commerce During the Past Fiscal
Year the Greatest in the Country's
History. and That of 1890 Exceeded
by $50, lel ,9o3.
| WASHINGTON, July 2s.-The bureau OF
statistics Of the treasury department. has
! to-day issued summary statement and re-
view Of the foreign commerce and immi-
| grafton Of the United States during the
| fiscal year. ending June 80. 1891. Il gives
also s. comparison Of the imports and ex>
ports 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 exceeds the total value of the commerce
of 1890 by $50, 1911, SOB.
THE RECORD OF 1890.
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 Sl59, 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, 1863. Our
total commerce during the past fiscal year
amounted to 81 .729, $3.50 1863.
WHERE THE INCREASE COMES IN.
During the year there was an increase in
our imports of merchandise, in order of
magnitude, in the following articles:
| Coffee, tin plates, hides aud skins, fruits.
chemicals sand drugs, india rubber and
| gutta percha, sugar and molasses, etc.
There has been a decline in the value OF our
| imports Of wool and manufactures thereof; ;
| silk and manufactures thereof; hemp and
| lute and manufactures thereof; ,
breadstuffs; and animals. The total value
of our imports Of merchandise during the
last year was $S44, 905, 491.
VALUE OF OUR EXPORTS.
The total value Of our exports Of mer.
chandise during the same period was
1884 ,425, 405 which shows an excess in favor
OF exports during the fiscal year of
$39, 1924. There was also an excess of
exports Of domestic merchandise over such
exports of the prior year Of 1884 ,737.
has been in the following articles,
stated in the order of the magnitude of in
crease: Raw cotton provisions, refined
suger, 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, 7OS, 1898, breadstuffs
Sl27, SOS, 092, provisions $l38, 1868.
VALUE OF THE IMPORTS.
Since the new tariff law has been in
operation, from Oct. 6, 1890, to June 80,
1891, inclusive, the total value OF the i'm
ports of merchandise was $3.50, 206 ,OO5 as
compared with $59S, 769, 9O5, the value of
such imports for the corresponding period
| of prhf Job oh H..
months of 1891 of $3l, 436, 100. The
value of the imports of merchandise
admitted free of duty during
the nine months ended June 80,
1891 was 1926, 963, 665, while the value of
such imports for the corresponding period
of 1890 was $20S, 1888, S73, showing an in
crease in the imports Of free merchandise
during the past nine months Of 2S6, &c.
1872. During the same period ended June
30, 1891, the imports of merchandise paying
duty was of the value of 1894, 242 $40, as
compared with 1889, 1856. 032 for the CORE
spending period of 1890, 80 that it appears
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.
FREE IMPORTS INCREASED.
ut will be seen them" says the statement
that during the nine months since the new
tariff went into effect of the total value of
the merchandise imported into this country
1896 per cent came il free, while during
the corresponding period of 1890 34.9s
per cent. was admitted free. In
fact, it appears that the value OF
the merchandise imported free during
the last nine months Of the past fiscal year
was greater by $50. 900, eO0 than the value OF
| such merchandise admitted during the whole
Of 1890, and nearly $4o.Ooo, 600 greater than
during the prior fiscal year ended June 80.
1897 The exports of gold and silver dur.
ing last fiscal year were slo6, 1893, 2SS; and
the imports were s39.2l2, 1884, an excess OF
imports of $72,516, 954. The exports OF
gold during the last fiscal year were $685.
36S, 622. The imports Of gold were els, 246,.
5l2, showing an excess OF exports of gold OF
S6S. III, no, the largest excess Of exports OF
gold in any year Of our commerce.