The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1892-08-03
OUR FOREIGN CjMMGRCE.
The Nations Trade Account for
the Fiscal Year.
The Balance of Trade in Our
Favor $2O2, 2,944, 342.

s. &. Brock, Chief of the Bureau Of Sta
tisticS has completed his statement OF for
sign commerce for the month of June and
the fiscal year ending June 3D. 1892. 1t is a
remarkable and gratifying showing OF the
value of our foreign commerce, which IS
mprecedented in the history Of this coun-
try. The aggregate value OF the im-
ports and exports of merchandise
attained its highest point. amount
ing to 81, ,85I, 726, 9l0 as against 81
DS, 397, ,0O6 during the fiscal yea"
1891, an increase of Sis, 329, 9O4, and ON IN
crease of 1870, l93.SS3. since 1889. This Is
also a very large increase over the average
annual increase for the last ten years from
1882 to 1881, which was $a5, Al, SIT. Since
1889 our commerce has been making tre-
mendous strides. There was an excess IN tae
value Of the exports Of merchandise over the
imports OF s2J2.944, 342 very large balance
of trade in our favor.
The value OF our Imports of merchandise
during the last fiscal year was $S27, 39l, % 4,
as against S344, GIG, 1856 for the fiscal year
1891. decrease OF SIT. 524. 9l2, but an in
crease of Sll4, 979, 6O6 over the average an
nual value of imports for tho past ten years.
There was an increase OF imports OF coffee,
raw silk and sugar, but decrease in the
imports OF tin plates manufactures OF SIZE,
wool and tobacco and vegetables, fruits and
textile grasses.
The Value of imports admitted free OF
duty was SASS, 001, AS, an increase OF free
imports over the fiscal year 1891 OF S9l, I29,
793. At the same tirne the value OF dutla6le
imports was 1868, 800, l39. decrease OF slo9,'
2s4. 7O5. The value imports OF mer-
chandise free of dut- during the last
fiscal year exceeds like imports or
1853 by the sum of SOL, 5l4, O67. In 1889
the per cent. Of free imports OF the
,ota, was "a 81. In 1892 it was 55.SS. In
1889 the average ad valorem per cant OF
npty on all IMPORTS, free and dutiable was
"a. SO: in 1892 it was 20.65. 1t will be OBJ
served there has been not only very large
increase in the value Of free imports over
prior years but q large reduction In the
average ad valorem per cent. on imports,
and the lowest since 1861.
The total value of our exports OF mercnan-
disc during the fiscal year 1892 was 3, ,o30,-
335 626, as against 1884, 4SO, $40 during tne
fiscal year 1891, an increase OF $145, 654, Sl6.
This is the first year of our commerce when
our exports of merchandise have reached
billion of dollars. The average annual value
of our exports for the past ten years has been
1854, 345, Si4 The exports OF the last year
exceeded that average annual value by s2io, :.
969, ,7S2. This large increase in our exports OF
1892 over 1891 was made up largely OF preao
stutfs. sl73, 7O6, ,945. and cattle shsep and
hogs, an increase of Is, s01, 1896. The value
OF meat and dairy, groductss r., exporter
in 1892 was S1S7, al, ,SS5: There was
a decrease in the value OF cotton
exported Of about So, OOO, 900 because OF low
prices. The value OF exports OF the tivo
leading products were as follows; Cotton,
Sa5S. Al, 74l; breadstuffs, 1901. S2S, 6oi; pro-
visions. Sl37, All, 1856: cattle, shesp and hogs
$35, 654, 3S4; mineral oils A4,7s3, 10: al
other exports, S!31, ,665.37O. Ibis statement
SHOWS progress in our export trade tnae Is
not equalled by any other Nation.
The total number of immigrants arriving
in the United States in the year en- ling
June 80, 1892, was 69l, 800, as against 555,-
4sS in is9I, an Increase of 1884. From
Germany came 1862; Russia, "a s6S;
Italy, 60,944; Sweden and Norway, 81, l5S;
Ireland, 55, 3sl; England and Wales, 81, lS2.