Democratic Sentinel, Volume 1, Number 39, Rensselaer, Jasper County, 9 November 1877 — Commerce. [ARTICLE]

Commerce.

The reports of Dr. Edward Young, Chief of the Bureau of Statistics, show that the total commerce of the United States for nine months, ending Sept. 30, in merchandise, was $796,000,000. In the same period in 1876, the commerce of the country only amounted to $738,000,000, showing an increase of $58,000,000 in nine months. The movement of specie in the nine months of this year amounted to $60,000,000, and last year, $58,000,000, the principal change in respect to specie being that this year there was less exported. The excess of the export over the import being $24,800,000, while last year it was $37,800*000. The balance of trade remains largely in favor of the United States. Upon merchandise the balance is $53,900,000 in our favor in the nine months, the balance in the same period last year being $77,700,000. About five-eighths of this enormous foreign trade of the country appears to have been transacted through the port of New York.