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Richardson, James D. (James Daniel), 1843-1914

"Volume 8, part 2: Chester A. Arthur"

The value
of imported sugar, on the other hand, showed an increase of $7,457,474;
of steel rails, $4,345,521; of barley, $2,154,204, and of steel in bars,
ingots, etc., $1,620,046.
Contrasted with the imports during the last fiscal year, the exports
were as follows:

Domestic merchandise $883,925,947
Foreign merchandise 18,451,399
_____________
Total 902,377,346
Imports of merchandise 642,664,628
_____________
Excess of exports over imports of merchandise 259,712,718
Aggregate of exports and imports 1,545,041,974

Compared with the previous year, there was an increase of $66,738,688
in the value of exports of merchandise and a decrease of $25,290,118
in the value of imports. The annual average of the excess of imports
of merchandise over exports thereof for ten years previous to June
30, 1873, was $104,706,922, but for the last six years there has
been an excess of exports over imports of merchandise amounting to
$1,180,668,105, an annual average of $196,778,017.


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