Sivut kuvina
PDF
ePub

market value at New-York, and differ materially from the Custom-House valuations in the treasury reports : FOREIGN EXPORT OF PROVISIONS FROM UNITED STATES Ports, Eight MONTHS,

1860-1861. Total, Average Aggregate Total, Average Aggregate 1860. price. value.

1861. price.

value. Beef,

.. tierces, 67,916 $ 16 00 $926,656 33,443 $ 15 00 $501,645

..bbls., 46,492 11 00 511,422 28,098 10 50 295,029 Pork,

.. tierces, 2,340 21 00 49,140 1,163 18 00 20,934

..bbls., 92,459 15 00 1,386,885 101,631 13 00 132,120 Hams and bacon,. .cwt., 193,080 900 1,737,720 455,798 7 00 4,102,182 Lard,

240,588 12 00 2,887,056 498,123 10 00 4,981,230 Butter,

85,483 15 00 1,282,245 106,657 14 50 1,546,526 Cheese,

138,323 7 00 968,261 177,439 6 50 1,153,353

[ocr errors]

$ 9,749,385

$12,733,019 The importation of dry goods for the month of August has been exceedingly slight, less than fifteen per cent. of the value

for August, 1860. Adding the quantities withdrawn from warehouse, the aggregate placed on the market is only $3,674,624, of which the following tabular statement conveys the details :

IMPORTS OF FOREIGN Dry GOODS AT NEW-YORK FOR THE MONTH OF August.

Entered for Consumption.
MANUFACTUEES OF

1858.
1859.
1860.

1861. Wool,..

$ 4,312,916 $5,250,619 $5,295,056 $799,175 Cotton,

1,789,745 2,154,979 1,606,459 155,850 Silk,.

3,526,725 4,864,855 5,330,309 633,241 Flax,

839,927
997,540

757,300 116,234 Miscellaneous,

613,826
932,431

980,597 155,399

[ocr errors]

Total,.......

MANUFACTURES OF
Wool,
Cotton,
Silk,..
Flax,
Miscellaneous,

$11,083,139 $ 14,200,354 $ 13,969,712 .. $1,859,899

Withdrawn from Warehouse.
1858.
1859.
1860.

1861.
$ 911,951 $ 989,517 $ 677,418 $ 768,912
204,568

188,039 250,799 225,636 305,353 142,475

252,843 648,746 202,568 113,755 114,279

145,487 84,643 42,720 57,042

25,944

Total....... $ 1,709,083 For consumption...... 11,083,139

$ 1,476,506
14,200,354

$ 1,352,381
13,969,712

$ 1,814,725

1,859,899

Total on market,.. $ 12,792,222 .. $ 15,676,860 $ 15,322,093 .. $3,674,624

Entered for Warehousing. MANUFACTURES OF

1858.

1859.
1860.

1861. Wool,

$ 239,236 380,120 $ 422,654 $636,601 Cotton, 105,683 236,627 356,876

71,228 Silk, 73,243 141,549

128,081 Flax, 54,270 121,655

71,547

41,140 Miscellaneous,

18,969
66,602
40,174

73,728

853,742

Total,....

$ 491,401 For consumption,.... 11,083,139

$ 1,676,434

$ 946,553
14,200,354

$ 1,019,332
13,969,712 ..

1,859,899

Entered at port,... $ 11,674,640

$ 15,146,907 .. $ 14,989,044 .. $ 3,536,333

For the whole year 1861, embracing eight months only, the total amount of dry goods put upon the market has been a little over thirty millions; of which more than one-half was in goods withdrawn from bond. We annex the particulars for four years :

[ocr errors]

IMPORTS OF FOREIGN DRY GOODS AT THE PORT OF NEW-YORK FOR EIGHT MONTHS,

For Consumption.
MANU FACTURES OF

1858.
1859.
1860.

1861. Wool,

$ 11,980,604 $ 26,369,976 $23,948,703 $ 6,292,684 Cotton,

6,676,304 18,004,221 11,906,656 2,650,226 Silk,

12,381,859 25,478,077 26,491,404 6,994,480 Flax,..

2,955,195 7,474,910 4,884,295 1,371,761 Miscellaneous,.. 2,396,258 4,185,036 4,302,362 1,640,351

Total,.....

$36,390,220 .. $ 81,512,220 ..$ 71,633,210 ..$ 18,949,502

[blocks in formation]

Withdrawn from Warehouse.
1858.
1859.
1860.

1861.
$ 3,518,346 $ 2,260,921 $ 2,444,682 .. $4,564,101

3,151,898 1,308,321 2,087,538 3,539,426 2,887,009

719,331 1,289,176 3,957,163 1,746,616 770,699

652,371 1,421,428 1,028,634 313,870

449,782 662,611

Total,.....
For consumption,...

$ 12,332,503

36,390,220

$ 5,378,142
81,512,220

$ 6,923,549
71,533,420

$ 14,144,429

18,949,502

Total on market,. $ 48,722,723 $ 86,885,362 $ 78,456,969 ..$33,093,931

Entered for Warehousing.
MANUFACTURES OF

1858,
1859.

1860.

1861. Wool,

$ 1,731,492 .. $ 2,700,241 $2,762,060 .. $5,433,005 Cotton,

1,547,538 1,148,549 1,962,508 3,669,568 Silk,

988,141

667,047 1,266,116 4,813,025 Flax,..

649,230
559,242

362,053 1,339,394 Miscellaneous,

437,277 342,592 465,874 847,448

Total,.... $ 5,353,678 $5,417,671 $ 6,818,311 .$ 16,102,437 For consumption,... 36,390,220 81,512,220 71,533,420 18,949,502

Entered at port,. $ 41,743,898 $ 86,929,891 $ 78,351,731 ..$ 35,051,939 The exports from New-York to foreign ports show a cessation in specie, while the exports of domestic produce exceed those of any previous year in the history of the port : EXPORTS FROM NEW-YORK TO FOREIGN PORTS FOR THE MONTH OF AUGUST.

1858.
1859.
1860.

1861. Domestic produce...... $ 4,660,272 .. $5,150,710 .. $8,012,814 .. $ 9,652,301 Foreign mdse., (free,)... 102,674 .. 374,707 76,083

57,965 Foreign mdse., (dutiable,). 224,438 790,646 191,270 176,582 Specie and bullion,... 2,201,802 6,409,783. 7,454,813

3,600

Total exports,........ $ 7,189,186 ..$ 12,725,846 ..$ 15,934,900 .. $9,890,448 Total, exclusive of specie, 4,987,384 .. 6,316,063 .. 8,480,087 9,886,848

We may assume that the commercial features for the present month and the next four months will not vary essentially from those of July and August. We have ample indications that the European demand for our grain and provisions will continue.

EXPORTS FROM New-York to FOREIGN PORTS FOR Eight MONTHS, FROM JANUARY 1.

1858.
1859.

1860.

1861. Domestic produce, .$ 38,012,626 ..$ 38,524,357 ..$ 54,294,389 ..$ 80,682,529 Foreign mdse., (free,)... 955,698 2,139,807 1,936,507 1,946,619 Foreign mdse., (dutiable,). 2,782,282 2,812,636 3,516,331 3,875,911 Specie and bullion,..... 17,363,257 49,658,774 .. 35,598,550 3,264,058

Total, exports,.......$ 59,113,863 ..$ 93,135,474 ..$ 95,345,777 ..$ 89,769,117 Total, exclusive of specie, 41,750,606 43,476,700 .. 59,747,227 .. 86,505,059

The average custom-house receipts for August were about fifty thonsand dollars per day, an aggregate of $1,558,824, against the sum of $3,946,830 for August, 1857. We annex details for four years :

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][ocr errors]

The shipments of produce in August, for two years, have been extraordinarily large, and yet are largely exceeded by those of August, 1861:

1846,.....

EXPORTS FROM New-YORK TO FOREIGN PORTS FOR THE MONTH OF AUGUsT. Year. Produce and Mdse.

Specie.

Total. $ 2,621,038

$57,689

$2,678,627 1847, 4,979,108

66,000

5,045,108 1848, 2,420,115

331,031

2,751,146 1849, 2,308,817

359,368

2,668,185 1850,

5,614,946
1,441,736

7,056,682 1851,

3,617,117
2,673,444

6,290,561 1852,

2,608,262
2,935,833

5,644,095 1853,

4,997,960
1,183,973

6,181,933 1854,

5,256,746
4,548,320

9,805,066
4,655,139
2,609,393

7,264,532 1856,

5,913,003
3,202,053

9,115,056 1857,

5,337,449
6,271,717

11,609,166 1858,

4,987,384
2,201,802

7,189,186 1859,

6,316,063
6,409,783

12,725,846
8,280,167
7,454,813

15,734,980 9,886,848

3,600

9,890,448

1855,

1860, 1861,..

NotE.—The article in our present No. (pp. 353—368) on the Amoor region must claim the earnest attention of the mercantile world. There is no doubt that the Amoor, with its neighbors, the Japanese islands, offer a wide field for observation and for commercial enterprise. We have the pleasure to record the fact, that both ends of the magnetic telegraph, which will eventually encompass the earth, are now in working order, viz., in part between the Mississippi and San Francisco, as the eastern terminus; and one thousand miles or more eastwardly from Moscow. In connection with this remark we add, that on the 29th ult'o the brig TIMANDRA arrived at San Francisco in thirty days from the Amoor River, with a cargo of hides. Thus we had, on the 19th of September, by aid of the telegraph and the above arrival, advices from the Amoor to the 1st of August, only fifty days. An arrival at San Francisco from Petropolowski, on the southern border of Kamschatka, a part of Asiatic Russia, is also chronicled in August last.

The Russian government have adopted a more favorable policy towards foreigners, in consequence of which there has been a large influx of merchandise, and all kinds of business has been overdone. Merchants from the interior were purchasing but sparingly; the stocks in the country being so large, the markets were much depressed. The stocks of goods were heavy, and prices of all kinds ruled low. The late prohibition on the importation of teas in Russian Siberia and the seaboards was only temporary; new and large quantities had been received this season from China, and admitted free of duty, while at Kiachta, the great inland tea dépôt, and the only place where its importation was previously allowed, the old duty of thirty cents per pound on black and fifty cents on green was still enforced. One of the new river steamers, lately arrived from Boston, was loading a full cargo of teas for the head waters. The KasSAWITCH was also loading a general cargo at Sitka. It is announced that the government telegraph from Cikutish to Nicoloefski, across the continent of Asia, will be commenced this season, and pushed forward to completion as early as possible, under the superintendence of Mr. ROMENOFF.

There are no articles in the New-York market that have undergone greater fluctuations this year than those included in what are termed "Naval Stores," viz. : rosin, turpentine, tar and pitch. The advance in some cases within the past six months exceeds two hundred per cent. The following tabular statement will give the reader an idea of the market values of these articles and of oils, during the past three years. The supplies from North Carolina having been checked by the war, high prices will prevail, probably, for the remainder of the

year : NAVAL STORES.

Sept. 18th, 1860. March 19th, 1861. Sept. 17th, 1861. Rosin, common,........ per 810 lbs. $1 40 @

$1 20 @ $1 25 . $4 00 * 4 12% white and pale, per 280 lbs. 4 00 @ $6 00 4 00 @ 4 50 7 50 @ 900 Spirits turpentine,.. per gall,

40 @
41
85%

1 25 @ 1 80 Crude

per bbl. 2 80 @ 2 85 2 65 @ 2 70 10 50 11 00 Tar,..

per bbl. 2 60 2 70 2 20 2 25 4 87%@ 6 00 Pitch,

per bbl. 1 70 1 80 1 60 @ 1 70 4 26 @ 4 50 OILS, &o.

Sept. 18th, 1860. March 19th, 1861. Sept. 17th, 1861. Palm, (cask,] first quality,.....per Ib. $0 08 @ $0 08%.. $0 08%a %0 09 $0 0A%0.0 09 Linseed, city made,..... gall. 69 @ Whale, refined bleached spring, . gall.

00 Sperm, spring unbleached,... gall. 1 60 @ 1 65 1 500 1 60 1 49 1 16 Lard, No. 1, winter,............

gall. 92% 1 00 95 @ 1 00 Tallow, 09%@ 09%.

86

[ocr errors]

60

[ocr errors]

..

..

[ocr errors]

70

07% 07%

per ib.

FOREIGN CORRESPONDENCE

OF THE MERCHANTS' MAGAZINE AND COMMERCIAL REVIEW.

LONDON, September 6th, 1861. To the Editors of the Merchants' Magazine :

The leading financial features of the month were the sudden changes in the bank rate of discount. At the close of July the rate was 6 per cent. at the bank; a rate adopted on the 16th of May last. On the 1st of August the rate was reduced one per cent., viz., to a minimum of 5 per cent. On the 15th of August a further reduction took place to 44 per cent.; and on the 29th a third change was made to 4 per cent. The fall witnessed during the last month has not often been exceeded in rapidity. In their present measure the bank directors have been guided solely by the bullion reserve and the condition of the Continental exchanges, which appear fully to justify the reduction. The fall in the rates in the open market to a point still below the new charge at the bank goes further to confirm the action of the bank; but our soundest financial men deem these changes prejudicial, and consider a low rate of discount as fostering speculation. The exchanges on the Continental cities remain generally in a satisfactory position, and gold continues to flow into the bank. Any further reduction in the same direction will probably be weighed by the directors with great deliberation, considering the deficient harvest in Scotland and Ireland, and the belief that in England the result is below an average.

In Lombard-street the demand for money was brisk, but the rates for good bills did not exceed 3 to 3 per cent. It is worthy of record that, notwithstanding the repeated reductions in the Bank of England charge, business at that establishment last week was slack.

In consequence of the alteration at the bank, the joint-stock banks have reduced the rate allowed for deposits from 34 to 3 per cent., except that the London and Westminster allow only 2 for sums below £500. The discount establishments will henceforward give 3 per cent. (instead of 3) "at call," and 31 (instead of 3) "at notice."

The cotton question is really the paramount topic in commercial and financial circles throughout England. There are so many interests connected with as well as subordinate to the supply of cotton, that the minds of our leading men, both in and out of Parliament, are deeply concerned in solving the two problems: First, as to fresh sources of supply; and, secondly, as to the probabilities of (and proper measures to) adjustment between the Northern and Southern States of America. A meeting of merchants connected with the East India trade, and other parties interested in the question of cotton supply, was held here on the 29th ult., to consider the propriety of forming a joint-stock company, with adequate capital, which should establish agencies in the interior of India, to purchase the cotton from the grower as it leaves the pod," clean it by machinery, press and pack it on the spot into bales secured

[ocr errors]
« EdellinenJatka »