500,000 Half dollars SILVER COINAGE. 250,000 00 Total gold and silver coinage..... $340,000 00 The imports of foreign goods continue largely in excess of the corresponding date of last year. The total at New York for May, is $6,765,126 greater than for May, 1855, $1,229,931 greater than for May, 1854, and $3,870,869 greater than for May, 1853, as will appear from the annexed comparison : Total entered at the port.... $14,540,243 $17,181,181 $11,645,986 $18,411,112 Withdrawn from warehouse.. 1,049,550 1,588,652 1,782,834 1,548,339 For the first time this year, the entries for warehouse have increased, showing that the market is well supplied with goods, and that part of the imports must be held over until fall, or re-exported. The total imports since January 1st, are $34,386,435 in excess of the total for the same time of last year, $9,314,710 greater than for the same time of 1854, and $9,964,580 greater than for the same time in 1853. FOREIGN IMPORTS AT NEW YORK FOR FIVE MONTHS, FROM JANUARY 1ST. Entered for consumption Entered for warehousing Specie and bullion .... $63,242,647 $61,971,984 $37,877,250 $67,782,614 8,496,277 10,721,104 11,116,646 12,249,016 7,851,707 7,083,241 6,574,584 9,841,214 785,041 1,249,213 385,837 467,408 Total entered at the port... $80,375,672 $81,025.542 $55,953,817 $90,340,252 Withdrawn from warehouse. 5,843,258 9,285,372 10,936,450 9,260,996 We have also compiled a statement of the imports at New York since July 1st, showing the comparative total for the expired portion of the fiscal year. The imports for these eleven months show a gain from the previous year of $37,741,147, and of $2,966,390, as compared with the same period of 1853-4 :-- FOREIGN IMPORTS AT NEW YORK FOR ELEVEN MONTHS OF THE FISCAL YEAR, COMMENCING JULY 1ST. The gain it will be seen has been chiefly since the opening of the current calendar year. The exports for May, have been large in domestic produce, but show a decline in both foreign goods and specie. The total, exclusive of specie, is $203,602 greater than for May of last year, $420,835 less than for May, 1854, and $981,296 more than for May, 1853. EXPORTS FROM NEW YORK TO FOREIGN PORTS FOR THE MONTH OF MAY. Domestic produce..... Foreign merchandise (free).. Foreign merchandise (dutiable)... Total exports....... Total, exclusive of specie... $7,059,649 $9,950,939 $10,995,028 $9,691,343 4,897,182 6,299,313 5,674,876 5,878,478 The exports to foreign ports, exclusive of specie, since January 1st, are $4,008,748 in excess of the total for the same time last year, $2,115,492 greater than for the same time in 1854, and $8,599,080 greater than for the same time in 1853. The total of specie is less than for the corresponding period in either of the two preceding years :— EXPORTS FROM NEW YORK TO FOREIGN PORTS FOR FIVE MONTHS, FROM JANUARY 1ST. 1855. Domestic produce... Foreign merchandise (free)...... Total exports 1853. 1854. 1856. $20,865,061 $26,671,057 $22,380,718 $29,503,439 $27,990,507 $40,101,079 $40,402,541 $41,122,360 Total, exclusive of specie..... 22,599,807 29,082,395 27,190,139 31,198,887 The exports for the eleven months of the fiscal year are $14,031,730 greater than for the same time of the preceding year, and $3,055,326 greater than for the same period of 1853-4. This increase, as compared with the year next preceding, was greatest previous to January 1st. EXPORTS (EXCLUSIVE of specie) FROM NEW YORK to foreign ports for ELEVEN MONTHS COMMENCING JULY 1. We have added at the foot of the above table the total exports of specie for the same period, (eleven months,) which show a material decline. There can be no question about the sufficiency of the revenue, even for a lavish expenditure from the public treasury. The total shows a gain for each month since January 1st, and for the whole of the fiscal year :— $39,206,250 26 $30,342,408 23 $39,101,082 77 We have now but little hope that any general revision of the tariff will be accomplished during the present session of Congress. But there might be an increase of the free list, by the addition of articles of dyestuffs and raw materials, as recommended by both Walker and Guthrie, and advocated by the solid men of all parties in every section of the country. This would, of itself, diminish the imports of manufactured goods, without imposing an additional burden upon any, and to the mutual benefit of all. Such a proposition has been before the Committee of Ways and Means, and, we understand, will soon be reported. If the political excitement can be stayed long enough to secure its calm consideration, it will be passed by an overwhelming majority. The imports of dry goods at New York for May, included in the total imports given above, were $1,967,368 greater than for the same month of last year, $63,194 less than for the same time in 1854, and $455,124 greater than for the same time in 1853. We annex a comparison showing the description of goods received: IMPORTS OF FOREIGN DRY GOODS AT THE PORT OF NEW YORK FOR MAY. Total thrown on the market .. $3,717,155 $3,660,546 $2,603,310 $3,940,062 Total...... Add entered for consumption..... $430,778 $1,177,028 $264,174 $714,580 3,506,417 3,278,485 2,160,777 3,677,739 Total entered at the port..... $3,937,195 $4,455,513 $2,424,951 $4,392,319 This leaves the total imports, since January 1st, $18,964,413 larger than for the same time last year, $2,513,310 larger than for the same time in 1854, and $3,787,389 greater than for the same period of 1853. IMPORTS OF FOREIGN DRY GOODS At the port OF NEW YORK FOR FIVE MONTHS FROM Total thrown upon the market. $36,992,716 $38,359,072 $23,696,120 $41,837,441 Total.. Add entered for consumption.... 610,254 1,378,597 438,203 586,176 413,172 158,182 463,115 314,667 $2,569,187 $5,092,338 $4,052,451 $3,695,843 34,948,683 33,699,611 18,288,395 37,609,416 Total entered at the port... $37,517,870 $38,791,949 $22,340,846 $41,805,259 We have also compiled a statement showing the comparative exports of certain leading articles of domestic produce from New York to foreign ports since the opening of the year :— EXPORTS OF CERTAIN ARTICLES OF DOMESTIC PRODUCE FROM NEW YORK TO FOREIGN PORTS FROM JANUARY 1ST TO JUNE 17TH: Last year The above comparison presents some points of especial interest. there were, to this date, no shipments of wheat to Europe; this year the exports already exceed one million of bushels, at an average price of more than $1 50. The shipments of wheat-flour have increased more than 200 per cent; while nearly one million bushels of rye have been sent to the continent, chiefly to the German and Prussian ports. In provisions, the great increase has been in bacon, the exports of which have been nearly doubled. The promise of a bountiful harvest in Europe has been partially broken by the recent inundations in France. It is yet too soon to judge of the damage to the growing crop. In some localities it is said to be deplorable, but the evil may not be as general as at first supposed. In England there have been cold winds and rain, but nothing to injure the crop, and a large yield is still expected. Prices of breadstuffs have declined throughout this country, although there have been partial reactions at each change in the character of the foreign advices. We still see no reason to expect a range of prices for next year at anywhere near the quotations current during the last twelve months. NEW YORK COTTON MARKET FOR THE MONTH ENDING JUNE 20. PREPARED FOR THE MERCHANTS' MAGAZINE BY CHARLES W. FREDERICKSON, BROKER, NEW YORK. The action of our market, since the date of my last raport, May 23d, has been of a spasmodic character-in anticipation of light receipts, the cause for an advance became nugatory by the continued indifference of the foreign markets. Again the interruption of our diplomatic relations with Great Britain gave a momentary stimulus to the trade, only to be succeeded by increased apathy on the part of buyers. Holders generally have been indifferent to the causes which has tended to the above irregularity, and have offered their stocks only on an existing demand. The increase of the cotton trade of New York has, as a consequence, caused increased facilities for the payment of, or forwarding cotton to foreign ports on, consignments-the ease at which advances are obtained on this favorite article of commerce, causes less willingness on the part of holders to sell when the prospects ahead are deemed favorable. Many of our merchants, likewise, see the necessity of extending to our own spinners the same facilities for purchasing as they can obtain elsewhere, and, in consequence, there is a growing and increasing trade-on time-between our cotton factors and manufacturers. The increasing growth and importance of our own manufactures demand that they may buy, and with reason, too, on as favorable terms in New York as they do in the Eastern States. The quantity taken for export and speculation during the month has been small, while but few parcels have been sold in transitu, the views of holders being much beyond the buyers' figures. Our market for the week ending May 30 was dull and inactive-holders indifferent about selling, and buyers unwilling to proceed, unless at a reduction. The sales for the week were 6,000 bales, principally for the north of Europe, and consisted of the better grades. The market closed quiet at the following :— PRICES ADOPTED MAY 30TH FOR THE FOLLOWING QUALITIES: |