The morning call., 1893-08-11
& YEARS TRADE.

Thu .uumarv statement of the foreign
commerce OF the United STATES lor the
wear ending June so. 1898. mas just peeh
issued from the department. auu 10 repie'e
,,.i.h tho ususI in formation. The extraor-
valance of trade against the United
800 r,ov he studied from various points
of view. ,
,oorobandise in the year ending june 30,
,oo9 was e941. 361. 421. against an importa-
ION of 1897. 402, 462 in the year previous.
sewing an increase of S113.95S. $50. while
tbe total value Of exports Of domestic mar
cbapdise during the year ending June 80,
1898. was SS3O.S7 .90S, as against $1,015,-
73o. OIL in the year previous, showing de-
crease of $1S4, 500. 1913 The balance of
trade against the country on the years
operations is thus S29S. 49, 061, the largest
balance ever known. In other words. in
our exchanges with the world we got
nearly three hundred millions of goods
more than we gave.
There was an increase in 1898 in the
value of free goods imported, the amount
of the increase being apparently S62,-
OO0,OOO. but really about SIS. 100000. the
difference between the two sums being
due TO the discrepancy between the Bra
lillian invoices of coffee and rubber in de-
preciated currency and American gold
coin. OF this $685. 100000 $40 000.000 was in
sugar, S5.00O.OO0 in raw silk, S5,0O0.O00 in
chemicals and S5,oOO,OOo in tin. The chief
dutable articles Of which the importa-
ton shows an increase we're: textiles
S. coo. 900. hardware $4,000, 900, silk goods
100000, tobacco S4,500,000; but every
leading article shows some increase. The
table indicates an active consumptlve de-
mand for articles OF luxury as we'll as
articles Of necessity. and implies that the
year was one of general commercial pros
perity. The increase in the value of
articles entered for immediate cOnsump-
ton was nearly S100.000,0O0 over 1892
Turning to the table of exports we find
that the decrease was in two articles,
cotton and breadstuffs. OF the former
the value of the export In 1928 was
$50, $50, 900 less than that Of the export OF
1912; Of the latter the export OF 1892 93
was below the export Of 1891. by $780,
C52 900. This accounts for $16S. 6S4. 900 of
the total decrease of S1S4 100000. We ex-
ported $4,000 bales of cotton less in
fewer bushels of wheat aud about 81, 600
fewer bushels of corn. The decrease does
not imply any change in the conditions in
this country, but diminished capacity to
consume in Europe, such as has been re-
flected from time to time in the labor
troubles.
The department has always classified
immigrants among tina important tons. The
ia ble she VS. that during the year 1892
49, $50 immigrants arrived at the ports of
the United States. as against 619,320 for
the year previous. The decrease is about
II per cent. 1t was most marked in the
recent months The diminution was about
as follows according 10 countries: The
immigration from Germany fell off from
100, 900 to $4,000. from Poland from $4,000
to 13. 600. fron Russia from 81, 600 to $4,000.
from ireland from $4,000 to $4,000, while
the immigration from Italy increased from
$4,000 to y. 200. The British Empire as a
whole sent US 100000 PEG pie. as against
III, 900 in 1922. and Austro- Hungary as a
whole $4,000. as against $4,000. 1t thus
appears that while the migration of Rus
slams and Poles has been checked and is
probably subsiding. Italy continues to
ship her surplus population to the United
States, the flow to Argentine having been
diverted In this direction. The movement
from the British islands does not vary
much in volume. But the exodus of the
Germans, which has been copious Of late
years. is declining. 1t has probably de-
pleed some of the German States to such
an extent that there is now elbow room
| for those who have stayed at home.