New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-05-26
s1s0,0o0,0O0.
IBr rELEGRApH no. THE IkIpUNE.l

(BY TELEGRAPH TO THE IRIBUNE.l
Washington, May 25.-An analysis OF the vok
ume Of business transacted in the last three years
under the Administration Of President Harrison.
and another analysis of the volume of business
transacted during the last three years Of Mr.
Ceveand's term, may enable the impartial OBJ
server Of current events TO determine for himself
under which Of the two Administrations the coun-
try has been the greater gamer. and under which
it has prosperIJ more. And IT, after having de-
termined that qn stion in accordance with what
the figures show, that same impartial observer
should reach the conclusion that the condition"
he confronts now is infinitely preferable to the
theories he was asked to face four years ago,
he will certainly not omit TO render justice to
the wisdom, irmness and patriotism Of President
Harrisons Administration, TO which the country
owes, in large measure it's present prosperity.
EXPORTS.
During the three years enGing March 81, 1892.
the exports of merchandise from the United States
aggregated in value 50, PSI, ,l05, or an annual
average Of $9O7, ,0s3,73I.
During the three years ending March 81, 1889.
our exports Of merchandise aggregated $2,1 3d..
343, ,2S9 or an annual average value Of $719 7s1,.
096
II will be observed that the exports OF
merchandise during the three years ending March
81, 1892, exceeded those of the three years end.
ing March 81, 1889, by the sum Of 1851 ,s07, 7,90S.
or an annual average excess of 1,302,635.
IMPORTS.
The imports Of merchandise during the three
years ending March 81, 1892, amounted in value
TO 50 ,44O 053 ,s2s, and the value Of the imports
OF merchandise during the three years ending
March 81, 1880, amounted to S2.l3O,35s,9lO.
The annual average of the value of the imports
during the three years ending March 81, 1889, was
S7IO,l1O,637, and during the three years ending
March 81, 1892, Ss13,351,276.
EXCESS OR BALANCE OF TRADE.
The excess of exports over imports during the
three years ending March 81, 1880, aggregated
S2s, ,9s4,370, or a yearly average of $9,66l ,459.
The excess for the three years was as follows
1ss7-Excess of exports, $685. ,466: lsss-Ex-
cess OF imports $2O, O,O69,329; lss9-Excess OF i'm
ports, $lO,1Ol,75s.
The excess of exports over imports during the
last three years ending March 81, 1892. aggre-
gated $2sl i 81 1867, or yearly average excess OF
S9S, 45s. The excess OF exports over imports
in the three years ending March 81, 1892, was as
follows: -. ...s.,s.sas.---. ,,-f .
1890, s7s.s2s.sal; 1891. sss.s47.esa; 1892,
&I so, ,225,921.
IL will be observed then that the aggregate OK
cess Of exports over imports the balance Of trade
in favor of the United States during the three
wears ending March 81, 1892, reached the very
large amount Of $2sI 1885, as compared with
S2s ,os4,379, which was the balance Of trade for
the three years ending March 81, 1880
TOTAL FOREIGN COMMERCE.
Tie total value of the foreign commerce tim-
ports and exports of merchandise combined) during
the three years ending March 81, 1859. was
S42s9 7O2, 1919 and during the three years ending
March 81 1892, So 81 ,3O5 5,023-a large excess in
favor OF the last three years ending with March
81. 1892, of Ss7l ,602,s24.
During the twelve months ending March 81.
1889 the value Of merchandise imported free Of
duty amounted to 1924, ,29i,235, or 34.65 per cent
of tine total imports during that period. but during
the twelve months ending March 81. 1892, tho
value Of merchandise imported free of duty
amounted to S46l,473 $685. and constituted 55.l3
per cent Of the total imports for that period 10
will thus be observed that not only has our COM
mcrce greatly increased both in exports and i'm
ports during the three years ending March 81,
1892 but there has been n large increase in the
quantity and value of the imports of merchandise
which came in free of duty, and which consisted
Of such articles coffee, tea sugar, etc, that
enter almost wholly into the daily consumption
of the people
EXPORTS IN THE YEAR ENDING APRIL 80 1854
During the twelve months ending April 80,
1892, the exports of merchandise from the United
States attained the remarkable and unprecedented
value of 81 l,0Il, ,5Oj,.79, far surprising the ag-
gre2ate value of exports in any prior twelve
months in the history of American commerce. The
immense increase will be better appreciated when
compared with the value of exports of correspond.
ing prior periods:
For ending April 30 1891. ss79 59l 947
ending April 30, lS90...... Si7,694oS
For ending April 80, lSSJ.... 733 6Sl 125
months ending April 80, lSSS-..- $50 43t125
months ending April 80, 1sS1.... 3tg16S3I