IMPORTS OF FOREIGN DRY GOODS AT NEW YORK FOR JULY. ENTERED FOR CONSUMPTION. Manufactures of wool Manufactures of cotton.. Manufactures of silk,.. Manufactures of flax.. Miscellaneous dry goods.. Total... ..... 380,698 453,476 530,595 569,761 $10,853,849 $8,546,278 $7,370,369 $12,058,447 WITHDRAWN FROM WAREHOUSE. Total thrown on the market... $11,433,601 $9,346,966 $7,898,647 $12,972,771 Total entered at the port .... $12,039,783 $9,357,951 $7,737,697 $12,626,658 IMPORTS OF FOREIGN DRY GOODS AT NEW YORK FOR SEVEN MONTHS, ENDING WITH Total..... $2,512,872 $3,422,517 $4,460,888 $3,271,700 Add entered for consumption.... 36,410,132 38,177,697 31.339.805 53,337,071 Total thrown on the market. $38,923,004 $41,600,214 $35,800,693 $56,608,771 Total $4,004,545 $4,062,520 $3,654,489 $4,084,548 Add entered for consumption..... 36,410,132 38,177,697 31,339,805 53,337,071 Total entered at the port... $40,414,677 $42,240,217 $34,994,294 $57,421,619 The total for the month shows an increase of $1,888,956 over the corresponding month of 1852, $3,268,702 over the same period of 1851; and only $586,870 over the same period of 1850. The receipts for seven months are $22,427,325 greater than for the same period of 1852, $15,182,402 greater than for the same period of 1851, and $17,006,942 greater than for the same period of 1850. The fact that there has been no great over-importation is shown, not only in the little demand for specie for export, but in the profitable sales of most of the fabrics received. There have been quite as few goods sold at a sacrifice during the current season as in any similar period when the imports were lighter; and the stock now arriving is mostly in good request for distribution. The exports, as already stated, have largely increased. This increase is less apparent in amount at New York, where the comparison between imports and exports is always largely in favor of the former; but in proportion it has been very great, particularly during the last two months. In July the total increase, (exclusive of specie,) was 70 per cent, as will be seen by the following summary: EXPORTS FROM NEW YORK TO FOREIGN PORTS FOR THE MONTH OF JULY. Total exports...... Total, exclusive of specie..... $5.523,574 $9,478,905 $6,283.530 $9,567,962 4,005,494 3,474,785 3,312,031 5,643,350 There has been an increase of specie for the month as compared with last year, but a falling off as compared with 1851. The total, exclusive of specie, is $2,331,319 greater than for July, 1852; $2,168,615 greater than for the same period of 1851; and $1,637,856 greater than for the same period of 1850. The following will show the exp same port since January 1st: EXPORTS FROM NEW YORK TO FOREIGN PORTS FOR SEVEN MONTHS, ENDING JULY 21ST. The above shows an increase for seven months, exclusive of specie, of $5,405,449 as compared with the corresponding period of last year; $5,519,436 as compared with the same period of 1851; and $8,466,853 as compared with 1850. The great increase in exports, however, has been at the other ports, where, unfortunately, no monthly record is made up, which can be used for comparison. The returns are made quarterly, and then only after the lapse of two or three months. Enough is known, however, to show a large increase in the quantity and value of domestic produce, and to quiet all fears among those not disposed to be captious about the "balance of trade." The demand for breadstuffs from Great Britain and the continent continues, and although the prices have been somewhat variable, they have shown a general advance, and large fortunes have been made by many engaged in this trade. The following will show the clearances from New York of certain leading articles of domestic produce, from June 1st to August 20th : EXPORTS FROM NEW YORK TO FOREIGN PORTS OF CERTAIN LEADING ARTICLES OF DOMESTIC PRODUCE, FROM JUNE 1ST TO AUGUST 20TH. It will be seen that there has been a large increase in the exports of breadstuffs, and many other articles of produce. How far this demand for our cereals is to be extended beyond the harvest now ingathering abroad, is not yet fully decided; but considerable engagements, both of wheat and flour, to France and Great Britain, have been made, extending into October. At one time, it was thought that the old times of 1846-7 were to be realized again, and “famine" prices obtained for all of the principal articles of food; but this is given up, and less extravagant expectations are now cherished. There can be no doubt, however, but what the total exports of articles of food from the United States will far exceed any year since 1849. The following comparison, which we have carefully compiled from official sources, will be not without interest in this con nection: EXPORTS FROM THE UNITED STATE OF CERTAIN ARTICLES OF DOMESTIC PRoduce, for THE YEAR ENDING JUNE 30TH. The highest average cost of breadstuffs was in 1847. The highest average of cotton was in 1851, when it reached 12 11-100 cents per lb.; the lowest average was in 1849, when the largest number of pounds (except in 1853) was exported, and the price for the whole year averaged only 6 4-10 cents per lb. In tobacco, the highest was $96 09 per hhd. in 1851, and the lowest $53 34 in 1847. In rice, the highest was $24 97 per trc. in 1847; and the lowest $19 94 in 1849. The high comparative prices of wheat over flour have induced the farmers in the interior to send their wheat to the seaboard instead of selling it to the millers, and this may tell upon the price of flour. The numerous and fatal accidents upon the various railroad lines throughout the country have tended to limit the travel, otherwise the receipts from this source would have been larger than ever before known. Even with the limitation, the pleasure travel has been very large, and with the additional receipts from an active freighting business, most of the lines are doing very well, and must pay unusually large dividends. JOURNAL OF BANKING, CURRENCY, AND FINANCE. REVENUE AND EXPENDITURES OF GREAT BRITAIN. The following are the annual returns of revenue and expenditure for the years 1852 and 1853: Customs Year ending July 5. 1852. 1853. Quarter ending July 5. 1852. £4 502.164 1853. £18,954,362 £4.943,337 13,737,599 Stamps 6,002,860 6,477,347 Taxes.. 8,149,702 8,201.047 1.503 707 1,510,483 A comparison of the table shows the following results:— The London News in publishing the foregoing tables, says:— "Deducting the £3,964 deficiency under property tax, and the larger item that comes under the heading of miscellaneous, and we have the remarkable fact of an increase on the quarter's revenue of no less a sum than £1,146,636. This large total is doubly welcome when we come to note carefully the sources whence it is derived, and to remember the indications thence arising. First, we have a sum approaching half an extra million derived from customs, and telling a story of increased power of consumption by the people, of tea, sugar, and other foreign products. Next, we have still more certain indication of a comfortable population-the extended demand for exciseable articles. The growth of revenue under this heading is seen to amount to something over a third of a million sterling on the three months! Notwithstanding the pending change in our stamp law-for pending changes always check consumption -we see the activity of business indicated by an increased revenue on stamps to the tune of £48,322; the post office, the crown lands, and "repayments," coming in to make up the remarkable and eminently satisfactory sum total. So much for the quarter. On the year ending yesterday we find a similar result, told in equally satisfactory, though different figures. For the twelve months the headings preserve the relation of eight for increase, and only two for the reverse. After all the amelioration of our fiscal system, to find the national exchequer flourishing after this fashion, surely encourages men of all parties-but especially the reformers to whose exertions all these changes are due-to persist in their wise determination not to rest until our system of taxation is so adjusted, as to press as lightly as possible on the energies of industrious people, whilst supplying all that may be really needful for the national service, or really necessary for the honor and dignity of the country. The total surplus on the year approaches two millions sterling. This English balance-sheet may well be taken to illustrate the result sure to follow the steps of a nation that grows up in intelligence, industry, and freedom. Where men are permitted full scope for their industry, and safe enjoyments of its fruits, national wealth is sure to accumulate, and national spirit and power to increase. CONDITION OF THE BANKS IN THE UNITED STATES. The following statement of the condition of the banks in the several States named, has been copied with care from the official returns at the Treasury Department, and embraces all that have been received up to this date. No returns have been made from any of the banks in Pennsylvania; and those received from the States of Delaware, Maryland, North Carolina, South Carolina, Georgia, Alabama, and Tennessee, include only a part of the banks in those States. There are no banks legally existing in the States of Illinois, Texas, Florida, California, Iowa, and Wisconsin; and the banks in Arkansas are in a state of liquidation :— |