COMMERCIAL CHRONICLE AND REVIEW. PROGRESS OF BUSINESS-IMPORTS-EXPORTS-DOMESTIC PRODUCE-DRY GOODS TRADE-CUSTOMHOUSE REVENUE-LARGER PORTION OF BREADSTUFFS-TABLE OF EXPORTS-GRAIN AT THE WEST-GRAIN FOR FREIGHTS-BANK LOANS-RATES OF EXCHANGE-ADVANCE IN RAIL-ROAD FREIGHTS INCREASE OF CANAL TOLLS-TELEGRAPH COMMUNICATION-IMPORTS AND STOCKS OF SUGAR AND COFFEE-TREASURY LOAN-The Banking MOVEMENT-CLEARING-HOUSE FOR EIGHT YEARS. GREAT activity has prevailed during the month in shipping at this port. The foreign demand for breadstuffs has given an impulse to prices and to freights. The canals and rail-roads are overburdened with freight for the Atlantic ports, at prices more remunerative than hitherto. Tide-Water Receipts.-The receipts at tide-water of flour, wheat, corn and barley, for the years 1860 and 1861, have been as follows: Reducing the wheat to flour, the excess in the receipts of 1861 is equal to 1,688,680 barrels of flour. The receipts at tide-water of the principal articles of produce, from the opening of the canals to and including October 14th, have been as follows: The rail-roads and canals have been tested, during the last two months, to their utmost capacity. The following is the new tariff of the roads from Chicago on East-bound freights, which took effect this month: The increased business on the New-York State canals is shown in the fact that the tolls have increased twenty-five per cent. compared with last year, viz. : April 25 to October 14, 1860,.... May 1 to October 14, 1861,..... $2,284,084 2,845,572 According to the official returns, the foreign imports, of all descriptions, landed at the port of New-York during the month of September, were but a little over seven millions of dollars, of which one and a quarter million were specie; so that the total imports for the month, in produce and merchandise, were but six millions of dollars, against sixteen millions for the same month in each of the last two years: FOREIGN IMPORTS AT NEW-YORK IN SEPTEMBER. $7,305,461 Withdrawn,. Total entered,... $15,473,295.. $16,643,585.. $16,260,450.. 2,905,062.. 2,898,441 4,007,272.. 2,938,464 This decline has excited surprise, since it is unprecedented in the history of the trade. The imports of specie from foreign ports, since January 1st, are a little over thirty-five millions. If this be deducted from the total imports, the aggregate of merchandise and produce received for nine months will fall below one hundred millions, which is but little over half the corresponding total in the last two years. We annex a comparative summary for the nine months ending October 1st: FOREIGN IMPORTS AT NEW-YORK FOR NINE MONTHS, FROM JANUARY 1ST. 1858. 1859. 1880. For consumption,.. $76,582,434.. $144,397,670.. $129,786,408.. 1861. $41,657,913 For warehousing,.. 34,492,899 Free goods,.. 16,552,095 23,160,678. 21,469,063 23,651,574 Specie and bullion, 2,021,173.. 1,834,054. 1,147,633. 35,186,730 Total entered,... $115,387,852.. $197,744,170.. $184,799,029.. $134,989,116 Withdrawn,. 31,097,577.. 20,305,309 24,090,639 31,549,666 This decline is a marked one throughout the year, although it is greatest for the last quarter. We have compiled a quarterly summary, leaving out the imports of specie, which have been insignificant in former seasons: QUARTERLY STATEMENT OF FOREIGN IMPORTS AT NEW-YORK, FROM JANUARY 1ST. 1861. First quarter,..... $29,044,464.. $59,116,788.. $64,702,778.. $46,290,767 Total, 9 months, $115,387,852 .. $197,744,170.. $184,809,016.. $99,802,386 The importations of foreign dry goods at New-York for the month of September were less than two millions, the bulk being in woollen goods, wanted for fall and winter consumption; the total goods on the market being only $3,403,976, or less than half what it was in the month of September, 1860. The stocks in warehouse are now much reduced, and also the stocks in first and second hands in the market. IMPORTS OF FOREIGN DRY GOODS AT NEW-YORK FOR THE MONTH OF SEPTEMBER. IMPORTS OF FOREIGN DRY GOODS AT THE PORT OF NEW-YORK FOR NINE MONTHS $6,740,185.. $2,102,064 Total,...... $41,966,527.. $87,503,193.. $77,807,535.. $20,706,700 Total on market, $55,320,306.. $93,517,267.. $85,579,717.. $36,497,907 Entered at port, $47,768,913 .. $93,457,957.. $85,091,946 .. $37,184,003 The contrast for the nine months ending 1st October is still stronger, the importation of dry goods being about one-fourth the amount reported for 1859 or 1860; but the quantities withdrawn from warehouse and placed upon the market are more than double those of the nine months of 1860, thus making the total upon the market thirty-six millions, or fortythree per cent. of last year, and only thirty-nine per cent. of 1859. The Custom-House revenue has fallen off, relatively, on the one hand, by the greater proportion of free goods landed to take advantage of the old tariff, and increased, on the other hand, by the higher rates of duty, as fixed by the tariff act of August 5, 1861, and the greater total withdrawn from warehouse. Included in the receipts from customs in September were $1,449,096 of Treasury Notes, or nearly seven-eighths of the whole amount. Of the duties since 1st January, $7,487,997, or nearly half, were paid in these government obligations. The payments in these notes are about over, as the Treasury now receives them at par for subscriptions to the new loan, and the duties will hereafter mostly be paid in specie. The cash duties received at New-York for the nine months were as follow: CASH DUTIES RECEIVED AT NEW-YORK FOR NINE MONTHS. Total, 9 months, $20,694,472.. $31,514,949.. $30,378,781.. $15,856,132 The exports for September have been very large. The corresponding total last year (i. e., the exports for September, 1860) was larger, exclusive of specie, than the total for any previous month of any year since NewYork was settled. The advices from Europe serve to show that the export trade for the remainder of the year will be quite as heavy. It will be seen that the shipments of specie for the last month hardly amount to a noticeable item: EXPORTS FROM NEW-YORK TO FOREIGN PORTS FOR THE MONTH OF SEPTEMBER. The exports, exclusive of specie, since January 1st, 1861, are ninety-six millions, against sixty-nine millions for the same period of last year, and forty-nine millions for the same time in 1859. We annex a comparative summary: EXPORTS FROM NEW-YORK TO FOREIGN PORTS FOR NINE MONTHS, FROM JANUary 1st. 1858. 1860. 1859. 1861. Total exports,.. $66,249,699.. $107,172,971.. $109,004,456.. $99,956,963 Total, ex. specie, 45,646,851. 49,246,561.. 69,647,172.. 96,777,149 These heavy exports are made up largely of corn, (8,613,811 bushels) wheat, (over seventeen million bushels,) and of flour (two million barrels.) Provisions, too, form a very important part of the aggregates. Cut meats have been shipped this year to the extent of three times that of 1860, and eight times that of the corresponding period of 1859. Receipts of Produce.-We have compiled our usual monthly summary of the movements of produce at the port of New-York. The receipts show a large increase in flour, an immense gain in the arrivals of wheat and corn, and a considerable increase, also, in meat provisions. There is, for obvious reasons, a decrease in the supply of cotton and naval stores. The following will show the comparative receipts during the first nine months in each of the last four years: Receipts of Certain Articles of Produce at the Port of New-York for the first Nine Months of the Years 1858-1861. |