The times. [volume] (Richmond, Va.) 1890-1903, 1894-07-17
LAST YEAR'S EFFORTS.
Balance Of Trade In Favor OF This Country
S23- .215,4O7.

The washington correspondent OF the
New York Times says There has been
an IMPRESSION abroal-and the Republi-
cans who heluod it L. become deeper be-
ucved that there was really something
IN il for their party-that the last year
has been in all respects BAD one. Ike
publican orators i'm Congress ana GUY OF
il have talked good deal about the De
preston. " which they have attributed 10
The coming into power OF the democrats,
and they have hoped. perhaps, thdt Whdl
they considered good hard times would
serve the purpose OF Morgan uHlH
after the election.
Wo-fhinston G. Ford Chief OF the Blu
reau of Statistics Of the Treasury, mas
issued promptly the bulletin showing the
imports ana exports of the United states
Tor the fiscal year, the nsures DelhS cor
rected to july I'm.
GOssips in the street ana IDLE writer's
who are expected % put the worst lace
possible on all figures have been prauu5
about the gold shipments OF the year
and the thoushuess may nave cohcluded
that they were not only unprecedented,
but that they Indicated cOnulllou Ol
business that was extremely uniaNordble
a glance merely At the figures OF Mr.
Ford viii relieve the minds Of the appre-
hensive from any such impression.
June, 1854. was not good month, u be
sure for exports IN June OF this year
were only 81 ill,9i3. as compared with
SO. 4iG. 56J for June, 1873. similar com
amount Of imports last year was Sb9bJi,-
5H as compared with 81. 62iy0i this year.
The excess or imports over exports. now
ever, in June. lss3. was $t,ZI1,1. while IN
June 1894. the exports exceeded the I'M
ports s5,Ai pa.
Coming 4 look at the report for the
twelve months, the figures are more as
surlug and comforting.
The exports Of merchandise for the
year 1888 were $SfI. 6o5 1874, for the year
ending June, 1894. they were So, lh,3 lJ, an
increase Of X6l .Oso,53 over the last year
and a total never before reached, except
Ing in the years 1851. 1891. and 1872 The
year isgZ was that in which there was an
enormous demand abroad for American
breadstuns.
merchandise fell of from $3.50, iOO ~ in
1898 To SOL. S35.ol3 In 1894. The imports in
1898 exceeded the exports sls735.7& while
I'm 1884 the exports exceeded me imports
by the handsome sum OF &li3t,ii2.
This IS an unusual showing. for only
in ISIS. 1873 and 1881 have the exports oX-
ceedcd the imports In Ike desree
in the great grain-eXpOrting year, 1892
when the exports exceeded $IplO00eD,
the balance OF trade in favor OF this cOun-
try at the end OF the year VAS only $9y9,-
SIS CSC.
gold and silver movement is interesting.
The month OF June, 1894, was one in
which the gold was flowing out Of this
country rapidly. for the exports exceeded
the imports 81 i33, 593 In June, 1873 the
exports exceeded the imports only $l.79l,-
sol.
But IN the twelve months the story is
different. and II is eloquent In comparison
with the report for 1888.
The gold exports OF the year exceeded
the Imports only sLJs5.6G3 as compared
with an excess OF exports OF gold In 1893
OF 81, 506, f(3.
During the same time the United States
was finding an increased consumption
abroad OF its silver. The excess OF ex-
ports OF silver over imports In June. 1898,
was s.. 400 2si. while In June. 1884. Ii reach