New-York tribune., 1897-08-04
Withdrawals FROM BOND.
THE FIGURES FOR JUNE UNUSUALLY
LARGE.
ANTICIPATED CHANGE IN THE TARIFF LAW AND
INCREASED DEMAND FOR CONSUMPTION THE
cAUsEs-A STATEMENT FROM THE

ANTICIPATED CHANGE IN THE TARIFF LAW AND
INCREASED DEMAND FOR CONSUMPTION THE
cAusEs-A STATEMENT FROM THE
TREASURY DEPARTMENT
Washington. Aug. 3-The following statement
was issued from the Treasury Department to-day:
THE advance sheets of the monthly summary OF
finance and commerce for the month Of june 1897.
about to be issued by the Bureau Of Statistics,
shows a heavy decrease to goods held In bonded
warehouses; as compared with preceding years.
The causes for unusual Withdrawals have been
mainly In anticipation OF a change In the tariH
and also an increasing demand for consumption
The value of goods remaining In bonds June 81 was
$l8 1S5, 723 As compared with the same day OF the
preceding year there Is a decrease OF s35,3lsSi9
The lowect point to which goods In warehouse fell
previously to the present was 81: i3o,54 In feoru-
ary 1895, and since July 1898, the highest point 10
which tho value of goods III warehouse has reached
was in July 1896. s520n.los In anticipation OF the
Wilson Tariff act the value of goods In warehouse
rose from $40 10C 900 in April, 1884, to soi2s.v~ IN
July Of that year
"The value OF goods under the head OF chemicals.
including coal tar colors and dyes, dyewoods,
gycerine, opium prepared for smoking, sodas etc.,
remaining in bonded warehouse June 80, loso was
S57 49, and the value of such articles in bond June
80 1897 was $3.50 2s5 The great increase In this list
Ia In opium. June 3O 1895 there were in bond lo.I'
pounds OF the value of O13s. while on June 49,
1897 the amount had increased to 1886 POUNDS VI
the value Of s30s,ll There were heavy Withdraw
ais Of cotton manufactures In anticipation OF tariH
changes On June 80 1885, the value Of cotton man
ufactures In bond was 81 262, $685. as against $efsii
the same day OF June this year. The heavy de-
crease In this schedule is found In cotton cio'h'
bleached, dyed and colored, etc. the value OF "hc"
almost 100000 less June 3O 1887, than on the
same day of the preceding year. or earthen, stone
and china ware the decrease as compared with
s453 476.
I'm the manufactures OF hemp, fax and jute the
decrease Is heavy In the higher grades. The fig
for June 30, 1896. to these goods were
sl.lOl.59, and for June 3O 1897. s2O7.3li
There has been but slight decrease as to
manufactures of Iron and steel there having been
June 30 1896 such manufactures in warehouses
70 the value Of slo5ioi$ while on June ~ lSy.,
items under this head. however. show marked de-
crease as. for instance tinpaes lerne 90 plasss s
23sl2 60 pounds OF the value of 500 195. while
on June 30. 1891. there were held 52s6ol3 pounds,
as to bar iron. rolled or hammered and ingots.
blooms, slabs billets. etc, Of steel In lead OF all
decrease from II 632 4G pounds to 6GSi 66l pounds.
The value s Of Lea Ieaher not manufactSped JHne 49,
There is heavy decrease in silk and manuiact- act
nes IN Hs rSs "nS aSa or ans june g.
S7lsSSI. There is substantially no change in the
day OF each Of the fiscal years 1896 and 1851.
The decrease to sugar is particularly marked.
On June 30 1896, the value of all sugar In ware
houses was N4551!5. and on June 3d. 1897, 81 ,sso,
4O2. In the raw beet sugars not above No; IS
Dutch standard there is decrease from 40.3s4,9b
pounds Of the value of s92, ,565 for June 3O 1885, to
2e 95 pounds of the value of $4693ls, for June 80
1851 The heavy decrease Is to the sugars not
above No l6 Dutch standard ida ID of which there were
OF slS0o3,173 and June 30. 1897. there were es-
15 S5l pounds Of the value Of sl,273994. or sugars
above No. IS Dutch standard there were in bond
June So 1896 81 S33 pounds valued at s639Ss and
on June 80. 1884, 572,45 pounds va lued at Sl45.SS
''The quantity of tobacco in warehouses June 80,
1896 in the leaf 9Osis5s pounds. valued at SIP
ESQ l79 and June 30 1897. 9?2Ol% pounds. or the
value OF ss4ls 7sS. The value of wool in bond on
the last day of the fiscal year 1896 Is shown to
have been Sc .2s3 and on the last day or the
fiscal year 1897 $l.t10S0S. -.
"The heavy Withdrawals have been. OF course. or
dutiable goods The total value OF dutiable mer-
chandise in bond June 80. 1886 was s5oGl5,lSo and
on June 30 1897 si6 SS3 $780, while the value OF free
goods. June 80 1896 was sl.439 1862. and June 30.
1897 s25l, ,9S3 Two causes have combined to lower
the stock of goods in bond. namely: An awakening
demand FOR consumption and changes. either actual
anticipated in the new tariff which Is no"
ia.,