The total exports from New-York to foreign ports, exclusive of specie, since January 1st, are larger than for the first six months of any previous year. On the other hand, the exports of specie are less than for the same period for many years : EXPORTS FROM New-YORK TO FOREIGN PORTS FOR Sıx MONTHS, FROM JANUARY 1. 1858. 1861. Domestic produce,. . $ 28,580,392 $28,435,582 .. $38,775,862 .. $61,477,439 Foreign merch., (free)... 782,561 1,384,318, 1,719,475 1,685,329 For'gn merch., (dutiable,) 2,280,426 1,789,363 3,092,509 3,438,463 Specie and bullion,..... 12,359,959 33,197,972.. 21,579,752 . 3,249,438 Total exports,.... $ 44,003,337 ..$ 64,807,235 .. $65,147,598 .. $69,850,669 Total, exclusive specie, 31,643,378 .. 31,609,263.. 43,567,846 .. 66,601,231 It will be seen that the total, exclusive of specie, even compared with the very large figures for the corresponding period of last year, shows an increase of over fifty per cent., and, as compared with the previous year, the gain is over one hundred per cent. We now produce our comparative tables for the whole year, from which it will be seen that the largest previous exports of produce and merchandise were for the year ending June 30th, 1857, when the total was about eighty-two millions; it will be seen, therefore, that the total for the twelve months just ended was forty-five millions larger than for any foriner year in the history of the trade. In consequence of the disturbed condition of the South and West, a large amount of produce will be diverted from other channels to this port, but the natural outgoes to foreign ports can hardly be as large during the next twelve months as they have been in the year just closed. Even if the same quantity were to be shipped, the total value must be greatly diminished by the falling off in price. The business of the coming year depends largely upon the results of the English harvest. IMPORTS OF FOREIGN Dry Goods AT NEW-YORK FOR TIIE FISCAL YEAR ENDING JUNE 30. Entered for Consumption. 1859. 1861. Wool, $ 17,035,032 $28,275,434 .. $31,437,083 $ 21,311,212 Cotton,.. 9,012,911 19,003,825 18,339,131 7,613,005 Silk, 17,581,099 26,740,909 33,683,706 22,080,682 Flax, 3,701,555 8,583,246 8,548,281 3,944,214 Miscellaneous, 3,761,788 4,890,755 5,469,601 4,806,586 Total,..... $51,092,385 .. $87,494,169 .. $97,477,801 $59,755,699 Total on market,. . $ 70,475,766 .. $95,881,215 .. $ 105,975,669 .. $75,545,173 Entered for Warehousing. 1859. 1861. Wool,.. $5,028,533 $ 2,647,814 .. $3,981,742 .. $7,376,464 Cotton, 4,048,530 1,416,143 2,929,175 6,444,136 Silk, 3,667,521 776,862 1,778,646 5,746,806 Flax,.. 1,964,891 719,606 904,693 2,679,161 Miscellaneous, 1,515,876 494,489 771,147 1,308,079 Total, ..... $ 16,225,351 $6,054,914 $ 10,365,404 $ 23,554,646 For consumption, 51,092,385 87,494,169 97,477,801 59,753,699 Entered at the port, $67,317,736 .. $ 93,549,083 .. $ 107,843,205 .. $83,310,345 In order to distinguish the dry goods from the general imports, we have compiled a table which gives at a single glance the whole imports of dry goods for the year, compared with the preceding three years : IMPORTS OF DRY GOODS AT NEW-YORK FOR THE YEAR ENDING JUNE 30. MANUFACTURES OF 1858. 1859. 13,061,441 20,419,968 1860. 1861. $35,418,825 .. $28,687,676 21,268,306 14,057,141 35,462,352 .. 27,827,488 9,452,974 .. 6,623,375 6,240,748 .. 6,114,665 Total imports,.... $67,317,736 .. $93,549,083 .. $ 107,343,205 $83,310,345 The total cash duties received at New-York for the past five fiscal years have been $170,540,990, an average of about thirty-four millions of dollars, viz. : 1856–7, 1857-8, 1858-9, 1859–60,. 1860–61,.. $ 42,271,645 27,434,667 34,899,800 37,711,740 28,223,137 In order to illustrate the commerce of the State for ten years, we republish the tabular returns of domestic and foreign produce exported, the imports, and the increase of tonnage for each year, 1850—1860: FOREIGN COMMERCE OF THE STATE OF New-YORK, FROM JULY 1, 1850, TO JULY 1, 1860. Total. American. Foreign. $ 141,546,538 .. $ 1,588,313 .. $ 878,819 182,829,306 1,570,927 906,793 178,270,999 1,959,902 1,084,742 195,427,933 1,918,317 1,035,154 164,776,511. 1,861,682 .. 1,140,197 210,162,454 . 2,136,877 .. 1,885,577 236,493,485 2,188,670 1,405,211 178,475,736 2,152,835 1,132,568 229,181,849 2,554,134 1,276,706 248,489,877 8,383,535 1,190,750 .. 89,039,790 19,301,134 108,340,924 1859, 104,726,546 12,813,279 117,589,825 1860,.... 126,060,967 19,494,482 145,555,449 1858, Total,... $ 950,017,189 $154,297,506 $ 1,118,814,645 $1,915,154,188 $ 21,315,192 $ 11,436,517 EXPORTS FROM New-YORK TO FOREIGN PORTS FOR THE FISCAL YEARS ENDING JUNE 30. RECAPITULATION OF FOREIGN COMMERCE OF NEW-YORK AND THE UNITED STATES FOR FIVE YEARS, AND THE PER CENTAGE OF NEW-YORK TO THE WHOLE, Total T.S. Per Cent. 1855-1856, $ 210,160,454 $ 104,479,468 $ 314,639,922 66.79 1856—1857, 236, 493,455 124,396,656 860,890,141 65.53 1857–1858, 178,475,736 104,187,414 282,613,150 63.15 1853–1859, 229,181,349 109,586,781 888,768, 130 67.65 1859-1860, 248,489,877 113,676,377 862,166,254 68.61 The foreign export of wheat from this port to Great Britain, since 1st September last, has been over seventeen millions bushels. We extract the following from EDWARD Bill's flour and grain circular: Bush, Corn, Frou Bols. Flour. Bul8. Corn Meal. Bush. Wheat. New-York, to July 12,.... 1,547,657 2,815 17,825,883 New Orleans, to June 14,. 179,427 996 66,767 Philadelphia, to July 4,. 173,894 1,433,803 Baltimore, to July 4,. 127,031 48 947,346 Boston, to July 5,. 96,081 106 13,032 Other ports, to June 28,.. 128,470 2,236,192 6,326,927 1,464,267 695,628 853,200 14,100 15,451 Freights to English ports have checked the export demand, viz. : To Liverpool, 28. 104d. @ 38. per bbl. on flour, and 9 @ 101d. per bush. on grain; to London, 3s. 6d. on flour, and 104 @ 111d. on wheat; to Glasgow, 38. 3d. on flour, and 10d. on wheat; to France, 18c. on wheat. 1858, 1859. Domestic produce,....$ 55,931,987 ..$ 53,894,893 Foreign merch., (free,) 3,104,160 2,202,868 (dutiable) 7,309,672 3,596,336 Specie and bullion,.... 34,322,071 46,839,444 1860. 3,335,038 1861, .$ 118,189,900 6,111,200 2,224,600 23,860,800 66 Total exports,.... .$ 100,667,890 $ 106,443,541 “ exclusive of specie, 66,345,819 59,604,097 138.036,550 $ 150,386,500 79,938,904 126,525,700 The message of Secretary Chase to Congress contemplates an aggregate expenditure by the general government of $320,000,000 for the year. Of this sum, it is proposed to raise $80,000,000 by the tariff and the ordinary receipts of the Treasury, and $220,000,000 by loans and treasury notes. I. Three year treasury notes or exchequer bills, bearing 7.30 per cent. interest, for the convenience of calculation, or two cents per day for each hundred dollars, or twenty cents per day for each thousand dollars ; this interest payable semi-annually. It is thought that this mode of loan may become a popular measure, by distributing it in small sums among the people, to the extent of one hundred millions of dollars. II. A thirty year funded stock, inscribed or coupon bonds, bearing seven per cent. interest, in sums of $500, $1,000 and $5,000, not to exceed one hundred millions of dollars, including sterling bonds in sums of £100, £500 and £1,000. III. Treasury notes to the extent of twenty millions of dollars, in sums of ten and fifty dollars, for general circulation. The Secretary proposed to Congress that a duty of 2 cents per pound be laid on brown sugar, of 3 cents per pound on clayed sugar, of 4 cents per pound on loaf and other refined sugars, of 2 cents per pound on the syrup of sugar cane; of 6 cents per pound on candy; of 6 cents per gallon on molasses, and of four cents per gallon on sour molasses; and it is also proposed that a duty of 5 cents per pound be imposed on coffee; 15 cents per pound on black tea, and 20 cents per pound on green tea. From these duties it is estimated that an additional revenue of not less than $20,000,000 annually may be raised, while the burden of this revenue upon our own people will be to some considerable degree mitigated by participation on the part of the foreign producers. IV. Treasury notes, of $10 and $20, payable one year from date, bearing an interest of 3.65 per cent., or one cent per day per hundred dollars, convertible into treasury notes or exchequer bills, bearing 7.30 per cent. or on demand in coin. The aggregate not to exceed $50,000,000. The dividends on rail-road shares, payable in July at Boston, were $1,150,156, viz.: a STOCKS. Capital, $320,500 1,830,000 4,155,700 3,160,000 4,500,000 3,540,000 2,853,400 492,500 500,000 450,000 1,600,000 84,500 250,000 20,000 5,150,000 15,222 shares, 9,850 18,000 13,920 15,000 90,453 13,500 64,000 2,562 10,000 800 206,000 30,444 4 4 4 Total at Boston,. $ 1,150,156 The following is a recapitulation of rail-road and other dividends payable at Boston in July: Miscellaneous, $ 217,191 .. Manufacturing dividends,. $ 545,900 Interest on bonds,. 439,984 Rail-road dividends,..... 1,150,156 Total for July, 1861,. $ 2,353,231 .. Total for January, 1860,. . $ 2,992,891 do. Jan., 1861, 3,049,710 do. July, 1859,.. 2,270,736 do. July, 1860, 3,088,759 do. January, 1859,.. 2,435,342 The Bank of Commerce received instructions in June to pay, when due, the July coupons on the three millions Missouri State bonds issued to the Hannibal and St. Joseph Rail-Road Company. These bonds were issued under stringent restrictions, and, in case of default on the part of the company, the State authorities have the right to foreclose the road, they being a first mortgage on the entire line. The first mortgages of the Hannibal and St. Joseph Rail-Road Company are a lien, simply, on a million of acres of land. The company have also an issue of second mortgage bonds which is a second lien on the line. The Secretary of the Treasury, in his communication to Congress, under date July, 1861, examines closely the sources of revenue for the coming year. His estimates are as follow for increased duties on sugar, molasses, tea and coffee: Estimated Consumption, 1860. Duty, 21 cents on foreign sugar,... 300,000 tons, $ 16,800,000 6 cents per gallon on molasses,. 28,000,000 gallons, 1,680,000 15 cents per lb. on black tea,. 13,800,000 lbs. 2,070,000 20 cents per lb, on green tea,.. 16,300,000 lbs. 3,260,000 5 cents per lb. on coffee,.. 180,000,000 lbs. 9,000,000 Total on sugar, tea and coffee,... $ 32,810,000 Allow for the large stock on hand, on which no duty will be realized, and for diminished consumption owing to the increased duty and the troubles at the South, the revenue this year may be estimated, as Secretary Chase states, at twenty millions of dollars. The duties above stated are $ 32,810,000 Direct tax, about .. 21,000,000 Real property, $ 11,272,053,881 Personal property, 4,830,880,235 Total United States,...... $ 16,102,934,116 Omitting the seceding States, the amount is as follows: Real property,. . $7,630,530,603 Personal property, 3,270,227,404 Total,.. $10,900,758,007 The direct tax on these amounts would be as follows: One-eighth of one per cent. on $16,102,934,116,..... $ 20,128,667 Or, one-fifth of one per cent. on $10,900,758,007, property in the nonseceding States,.. 21,800,056 Or, 30-100 of one per cent. on $7,630,530,603, real property only,... 22,891,690 In other words, the tax of 121 cents per hundred dollars on the whole real and personal estate of the country would be $20,128,000. Or, twenty cents per hundred dollars on the gross value, excluding the seceding States, would be $21,800,000. Or, thirty cents per hundred dollars on the real property alone, $22,891,000. |