The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1894-08-02

SUGAR IMPORTS EAvY.
1.-THE most notable featurein the imports
is sugar. There has been not a little exag-
geration in this matter. AS a necessary ar
ticle of food. the consumption will
continue steady until the full eff
fects of depression are felt. The trying
years after the crisis of 1873 sent the average
per capita consumption OF sugar from
1876 pounds to $40 ~pounds-7a difference
of about 20 per cent. Taking the COD
sumption of the years 1890 to 1898 as a
basis, the average consumption Is
63.5 pounds per capita b Treasury actu-
ary estimates the population on July l of the
present year to be 68.397, 900. This would
give a demand for 4,3343, 20J,3 300 pounds, sup
posing the rate of consumption re-
mains unchanged. The imports of 1894
were unusually heavy, 1874, 456, 1873 pounds,
or sufficient to meet the full years demand
and leave the entire domestic product OF
sugar as a surplus stock. Allowing for @
80 per cent reduction in the consumption
of sugar. the domestic market Will
need 3.4T4.5 SCI, 600 pounds On this showing
the sugar refners have a stock sufficient to
meet a six months demand without further
importation.
DOMESTIC WOOL IN DEMAND.
stAnother article that attracts attention is
wool, put for a contrary reason, as the I'M
ports nave been greatly reduced. Since
1890 the importations increased at a
rapid rate, bv about "a, 600, 900 pounds
q year. If the imports since
1896 be averaged, the annual quantity is
l29, $4,000. The imports for 1891 were
about the ~average-129.3 O3, 64S pounds;
those for 1892 were 14S,670,652 pounds and
for 1898. III, 1885, 3S pounds. If
tho imports for 1892 were not in
excess of the actual needs OF the market
those for 1898 must have been. The do
nestle clip, which is entirely consumed IN
the home market. had in the same Years in
creased at the rate of about 10,0j0,090 pounds
a wear. These figures account in
great part for the sudden collapse of the
wool market when depression touched
it. The affect Of this depression
ton of wool in a future tariff, are
reflected in the imports of 1894, only 3d.
15e 553 pounds. 70 meet so low a figure we
must go back to 1881. Every pound import.
ed in 1884 was imported for consumption, as
the quantities in warehouses IN June, 1893
and 1894, have not materially changed.
ssLittle attention has been attracted by the
heavy purchases of wool by foreign manu-
facturers. The low prices offer a special in
ducement to stock up and | think
thas some credit should be given to
an improvement in The demand for
manufactures of WOOL. In the United
Kingdom the imports of raw wool in the
first six months of 1894 have been larger
than for the corresponding periods
of 1892 and 1898. and increase applying
principally to Australian woods. The
French returns also show much heavier i'm
Dortations than in previous years, as do the
Austrian. Germany has not vet responded
to this increased demand; but the heavy
dealings in other countries point to q de-
cided Improvement in the general condition
of the industry.
COST OF TARuFF AGITATION.
IT. is difficult to determine even approx
imately what each tariff law or measure
oouts 10 enact, or set aside. The effect on