The foreign advices to hand during the week ensuing caused a more active demand for export and home consumption, 4,000 bales being taken by the former and 3,500 bales by the latter, at an advance of fully c. per pound on all grades. Much confidence was felt in a higher range of figures, from an anticipated falling off in receipts. The market closed firm at the annexed rates :--- PRICES ADOPTED JUNE 6TH FOR THE FOLLOWING QUALITIES: Our market for the week closing June 13th opened with more inquiry, and ‡c. per pound was obtained. The foreign advices to hand during the week were, however, not so favorable as anticipated, and buyers in consequence claimed a reduction, which was not submitted to. The transactions amounted to 8,000 bales, market closing steady at the following: PRICES ADOPTED JUNE 13TH FOR THE FOLLOWING QUALITIES: The transactions for the week closing at date were 10,500 bales-mostly before the arrival of the Arago and America-and at an advance of fully c. per pound. At the close of the week a more subdued feeling existed-without, however, changing quotations, the falling off in receipts counteracting the unfavorable advices from abroad. The market closed without inquiry at the following: PRICES ADOPTED JUNE 20TH FOR THE FOLLOWING QUALITIES: The growing crop is represented in good condition, and expectations for an other large crop generally entertained. STATISTICS OF TRADE AND COMMERCE. STATISTICS OF THE COTTON TRADE. On the 10th of June, 1856, the Hon. N. P. BANKS, Speaker of the House of Representatives laid before that body the letter from Hon. WILLIAM L. MARCY, Secretary of State, transmitting a statement respecting the tariff duties and custom-house regulations applicable to American cotton in the principal commercial countries, together with tabular comparative statements relative to the import and export of cotton, and the quantities and values of cotton manufactures and yarns, in answer to the resolution moved by Mr. STEPHENS, of Georgia, some time since, and adopted by the House of Representatives, May 12, 1856. That resolution requested the Secretary of State to communicate to the House, in tabular form, such information as may be in possession of the Department of State respecting the tariff duties and custom-house regulations applicable to American cotton in the principal commercial countries; also, tabular comparative statements showing 1st. The quantities of cotton exported from the United States to the principal commercial countries respectively, and the aggregate amount of duties derived therefrom; 2d. The quantities of cotton imported into Great Britain, France, and Spain, respectively, and the countries whence imported; 3d. The quantities exported by Great Britain to all countries respectively; and 4th. The quantities and values of cotton manufactures and yarns exported from Great Britain and United States respectively to all countries. EDMUND FLAGG, Esq., the able and accomplished Superintendent of the Statistical Department, who was charged with the preparation of the required information on the subject of the cotton trade, communicated his report to the Secretary of State on the 28th of May, 1856, and we are indebted to that gentleman for a correct copy of his report, which we here subjoin to the exclusion of much valuable matter prepared for the present number of the Merchants' Magazine. It is, beyond all question, the most comprehensive and valuable document from any department of the government, not excepting the "Tabular Statements and Notes" of the late Secretary WOODBURY of the Treasury Department, on the same subject, twenty years ago. We give it entire as follows: STATEMENT RESPECTING THE TARIFF DUTIES AND CUSTOM-HOUSE REGULATIONS APPLICABLE TO AMERICAN COTTON IN THE PRINCIPAL COMMERCIAL COUNTRIES. Papal States.. 101 lbs. 74.86 lbs. 101 lbs.. Free. 2 1-5 cents. 10 cents. In national vessels, 19; in foreign vessels, 27 per cent on a valuation of $5. By the treaty of 1822, United States vessels are equalized with French vessels. VOL. XXXV.-NO. I. 6 II. TABULAR COMPARATIVE STATEMENT, SHOWING THE QUANTITIES OF COTTON EXPORTED FROM THE UNITED STATES TO THE PRINCIPAL COMMERCIAL COUNTRIES RESPECTIVELY, AND THE ANNUAL AVERAGE AMOUNTS THEREOF, AND THE ANNUAL AVERAGE AMOUNTS OF DUTIES DERIVED THEREFROM FOR A PERIOD of five YEARS, FROM 1851 To 1855, BOTH INCLUSIVE. a Pounds of cotton exported from the United States in the years— (For notes, see next page.) Ann'l av'rge am❜nts Annual average 1851. 1852. 1853. 1854. 1855. amounts of cotton. of duties paid.b 670,645,122 752,573,780 768,596,498 696,247,047 673,498,259 712,312,141 139,164,571 186,214,270 189,226,913 144,428,360 210,113,909 173,829,584 34,272,625 29,301,928 36,851,042 35,024,074 33,071,795 33,704,292 16,716,571 22,138,228 22,671,782 87,719,922 30,809,991 26,011,298 25,795 00 c 16,335,018 27,157,890 15,494,442 13,980,460 12,219,553 17,037,472 Free. 17,309,154 23,948,434 17,968,642 14.961,144 9,761,465 16,789,767 Free. 10,320,406 17,934,268 17,487,984 12,725,830 16,087,064 14,911,110 Different rates. 10,098,448 10,475,168 21,286,563 2,914,954 448,897 9,044,806 $47,108 36 845,960 6,700,091 7,463,851 12,146,080 7,527,079 6,936,612 103,018 99d 5,508,670 10,259,042 7,038,994 6,048,165 4,941,414 6,759,257 Free. 5,160,974 5,939,025 6,099,517 9,212,710 8,428,437 6,968,132 Different rates. e 23,525 16,582 12,295 72,790 883,204 201,679 Free. 87,042 435,169 32,983 209,186 142,876 Free. 113,572 294,853 196,392 250,633 9,620 173,014 98,235 87,691 121,059 144.006 90,198 $2,355 42 19 64 722,473 141,803 652,595 1,946,895 270,822 746,918 927,237,089 1,093,230,639 1,111,570,370 987,833,106 1,008,424,601 1,025,659,156 TABULAR COMPARATIVE STATEMENT, SHOWING THE QUANTITIES OF COTTON IMPOrted into GREAT BRITAIN, AND THE COUNTRIES WHENCE IMPORTED, FOR A PERIOD OF FIVE YEARS, FROM 1851 TO 1855, BOTH INCLUSIVE. ƒ IV. TABULAR COMPARATIVE STATEMENT, SHOWING THE QUANTITIES OF COTTON IMPORTED INTO FRANCE, AND THE COUNTRIES WHENCE IMPORTED, FOR A PERIOD OF FIVE YEARS, FROM 1851 TO 1855, BOTH INCLUSIVE. a V. Aggregate...... TABULAR COMPARATIVE STATEMENT, SHOWING THE QUANTITIES OF COTTON IMPORTED INTO SPAIN, AND THE COUNTRIES WHENCE IMPORTED, FOR A PERIOD OF FIVE YEARS, FROM 1851 TO 1855, BOTH INCLUSIVE. The Statistical Office has no official Spanish data from which to make up the statement required. The quantities of cotton exported from the United States to Spain, according to United States Treasury Reports, the years specified, were as follows: From Cuba the same years, according to the " Balanzas Generales" of that island, the quantities exported to Spain were as follows:-- a The data for this statement are derived from the United States Treasury Reports, in which the commercial year closes June 30. The year in British and French official documents corresponds with that of the calendar-hence one cause of apparent discrepancies in figures for nominally the same years. The amounts of duties paid are calculated on the custom rates given in the preceding statement [1,] although these rates, during the five years designated, have in some instances undergone changes. Belgium, for example, did not admit cotton free until the passage of the law of April 12, 1854. The amount is calculated on the medium of the ad valorem duty of Bremen and Hamburg, on an assumed valuation of 17 cents per lb. d The amount is calculated on the rates of the existing tariff of January 31, 1856, prior to which cotton was either prohibited or subjected to a duty equivalent to prohibition. e United States Treasury Reports do not give quantities to Norway distinct from those to Sweden. In the former, cotton is free; in the latter, the duty is nearly half a cent per lb. f Made up from British official authorities. The commercial year in England begins January 1; in the United States, July 1-hence seeming discrepancies in figures for apparently the same periods of time. g Egypt includes Turkey, Syria, and the Mediterranean generally; the East Indies include British India generally; the West Indies, the West India islands belonging to Great Britain, and British Guiana. à Ten months, in part, from January 6 to October 31. a Compiled from "Tableau General du Commerce de la France." b Of which amount, 11,973,427 pounds were from Egypt and Turkey, and 930,516 pounds from Brazil. c No data. From Porto Rico, according to the official Balanzas of that island as follows: From Brazil, according to the "Proposta e Relatario" of that empire, for the the years 1852-3 and 1853-4, the quantities of cotton exported to Spain, were as follows: 1852-3................lbs. 2,291,578 | 1853-4.... Average, 2 years. .....lbs. 2,351,279 2,321,428 Spain, according to the "Cuadro General" of that kingdom for 1849, imported that year, from countries of production, 26,136,881 lbs. of cotton; of which quantity there was supplied from the VI. 3,371,830 STATEMENT SHOWING THE QUANTITIES OF COTTON EXPORTED BY GREAT BRITAIN TO ALL COUNTRIES RESPECTIVELY, AND THE COUNTRIES WHENCE IMported, for A PERIOD OF FIVE YEARS, FROM 1851 TO 1855, BOTH INCLUSIVE. a 38,864,672 49,168 50,960 1851 ..lbs. 111,980,400 1852 1853. 1854...... 1855 b Brazil. Egypt. 1,888,880 211,008 111,875,456 69,217,120 3,619,840 124,656 a Compiled from the monthly "Accounts relating to Trade and Navigation," presented to the British Parliament, the only authority at hand from which the countries whence the cotton exported was imported, could be ascertained. Results gathered from these monthly accounts sometimes vary from those given in the "Annual Statement of the Trade and Navigation of the United Kingdom," from which latter document was made up the second table [vi.] on this page. Ten months, in part, from January 6 to October 31. |