The Providence news. (Providence [R.I.]) 1891-1906, 1892-12-06

value Of this increase are shown by the
fact that the excess in the trade or 1892
over 1891 was wholly in the value Of ex
porus, for there WAS n decrease in the
value OF imports OF Sl7,5l 154
The value of our exports during the
fiscal year 1892 reached the highest fig
ure in the history of the government,
amounting TO 81 ,030 27s, las, exceeding bv
sl45, 191, ,33S the exports of 1891 and ex-
| ceeding the value of the imports by S202, =
SI5.6S6. "A comparison Of the value of our
| exports Tor 1892 with the annual average
| Tor the ten wears prior to 1891 shows an
excess OF S265, 1861, or of 3i65 psr cent.
The value of our imports OF merchan-
disc for 1892. which was SS29, 402. 462, also
exceeded the annual average value Of the
| ten years prior to 1891 bv sl35 2l5 $40.
| During the fiscal year 1892 the value of
| imports free OF duty amounted to Si57,-
| 9J9, COS, the largest aggregate in the his.
| tory OF our commerce. The value of the
import OF merchandise entered free OF
duty in 1892 was 50. 80 per cent of the total
value OF imports "a co pared with 43 335
per cent in 1891 and 33 Go per cent in 1890.
In our coastwise trade most encourag-
lug developing is In progress there hav-
ing been in the last four years au increase
of 16 per cent.
Internal Commerce.
In International Commerce, the statis-
tics show that no such period OF prosper
ily has ever before existed. The freight
carried in the coastwise trade OF the great
lakes in 1890 aggregated %, ,295, 951 tons on
the Mississippi, Missouri and Ohio Rv
ers and tributaries, in the same year the
traffic aggregates -, 405, ,046 tons, and the
total vessel tonnage passing through the
Detroit river during the year was
2l,6S4,OOO tons. The vessel ton
age entered and cleared in the
freight trade of London during 1890.
amounted to l3,4SO, 767 tons, aud of
Liverpool, lO,9il.S00 tons. total for
these two great shipping poris of "a 422,-
56S tons, only slightly in excess OF the
vessel tonnage through the Detroit river,
and IL should he said that the season for
the Detroit river was but 22S days while
of course in London aud Liverpool the
season was for the entire year The yes
sci tonnage passing through the 81.
Mary's canal for the fiscal year 1892
amounted 90 1,92S,S1i tons, and TIE
freight tonnage OF Detroit river is esti-
mated for that year ut % 000 600 tons.
against %, 209, ,6l9 tons in 1891
The aggregate traffic on our railroad for
the year 1871 amounted 10 104, 39s 900 tons
OF freight compared with 69l ,3l4, ,437 tons
IN lS9O. an increase of 1904, l72 tons.
Money In Savings Banks.
Another indication II the general pros.
perity Of the country 1, found in the lact
that the number Of depostors i'm savings
banks increased from 693 $40 in 1860 To
4 4,5.S,s93 In 1890, AN increase of 5l3 per
cent aud the amount Of deposit from slig-
"a ,5Oi In 1850 TO 81. .53i s44, sos Ia 1890. AN
increase Of 92l per cent. In 1891 the
amount OF deposits in savings banks was
~ l,623,OD,1g9 IL is estimated that 90 ner
cent OF these deposits represent the saw |
Jugs VI wage earners. The bink clear. |
ances for nine months ending Sept. 20 |
1891, amounted to s4l. .049. 300, SOS. For the |
same mouths I'm 1892 they amounted TO |
so. lS9.6Ol,g41, an excess for the nine /
OF -, l40, 2ll, l39.
Work and Wages
There never has been n time i'm our his.
.ory when work was so abundant or when
wages were as high whether measurel |
by the currency in which they are paid or
BY their power to supply the necessaries
md comforts of life. IL is true that the
market prices of cotton and wheat have
been low. IL IL one OF the uufavorable
Incidents of agriculture that the farmer
an not produce upon orders. lie must