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The withdrawals from warehouse, it will be seen, are $1,563,312 less than the total entered for warehousing, showing that the goods were not brought out because they were needed; nd the sales of such as have been offered by auction have proved that they were crowded upon an unwilling market. It was generally expected that the imports for the first half of the current year would show a very material decline, in comparison with the heavy totals for the same period of last year; but this expectation has not been realized. There was an important decline during the months of February and March, but the total from January 1st to May 31st is a little more than equal to the imports for the corresponding five months of 1852, the excess amounting to $649,870. The difference is greater when compared with previous years, the total for the last months being $28,489,512 greater than for the same period of 1852, and $18,567,111 greater than for the same period of 1851, as will appear from the following comparison:

IMPORTS OF FOREIGN MERCHANDISE AT NEW YORK FOR FIVE MONTHS FROM JAN. 1ST.

Entered for consumption....

Entered for warehousing.

Free goods.

Specie and bullion

....

Total entered at the port.......
Withdrawn from warehouse.

...

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1852.

1851. 1853. 1854. $50,290,562 $39,418,731 $63,242,647 $61,971,984

6,420,842 4,387,027 8,496,277 10,721,104 4,468,928 6,281,838 7,851,707 7,083,241 1,278,099 1,448,434 785,041 1,249,213

$62,458,431 $51,536,030 $80,376,672 $81,025,542 4,994,708 7,615,298 5,343,258 9,285,372

The increased receipts of foreign merchandise during the month of May have not been composed of dry goods, although the total of this description is nearly half a million of dollars in advance of the corresponding total of last year. The increase in receipts of dry goods has been altogether in stock entered for warehousing, the total which has passed into consumption being actually less than for May, 1852. We annex a comparison for the month of May and since January 1st in each of the last four years:

IMPORTS OF FOREIGN DRY GOODS AT NEW YORK FOR THE MONTH OF MAY.

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Total thrown upon the market.. $2,371,481 $2,017,690 $3,717,155 $3,660,546

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IMPORTS OF FOREIGN DRY GOODS AT NEW YORK FOR FIVE MONTHS, FROM JANUARY 1ST.

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Total thrown on the market. $28,569,226 $25,275,567 $36,992,716 $38,359,072

ENTERED FOR WAREHOUSING.

Manufactures of wool ...

Manufactures of cotton

Manufactures of silk
Manufactures of flax...

Miscellaneous dry goods

Total......

....

...

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$2,726,590 $3,029,757 $2,569,187 $5,092,338 Add entered for consumption.... 26,199,139 21,542,604 34,948,683 23,699,611

Total entered at the port... $28,925,729 $24,572,361 $37,517,870 $38,791,949 From the above it will be seen that the total imports at New York of foreign dry goods since January 1st, are $1,274,079 greater than for the corresponding five months of last year; $14,219,588 greater than for the same period of 1852; and $9,266,220 greater than for the same period of 1851.

The Revenue of the country is still in excess of the expenditures, but the total receipts at New York, since January 1st, are not quite as large as for the same time last year, notwithstanding the slight increase in the dutiable imports, as will be seen by the following comparison:

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CASH DUTIES RECEIVED AT NEW YORK FOR FIVE MONTHS FROM JANUARY 1ST.

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In April

2,547,582 52

2,447,634 07

3,348,252 14

3,168,490 21

In May

2,544,640 16

1,952,110 86

2,852,853 56

3,243,164 41

Total..

14,487,479 98

12,017,652 65

17,326,606 17

17,385,353 93

The receipts for duties at the Custom House in Philadelphia, for the month of May, amount to $328,422 95, which is a slight increase over the corresponding month last year. The following is a comparative statement of the receipts for five months in the present and past two years:

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The exports from New York to foreign ports, for the month of May, (exclusive of specie,) are $1,402,131 greater than for the same month of last year, $1,396,598 greater than for the corresponding month of 1852, and $1,422,875 greater than for the same period of 1851.

EXPORTS FROM NEW YORK TO FOREIGN PORTS FOR THE MONTH OF MAY.

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Total exports.....

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Total, exclusive of specie

.....

361,015

1,834,893 2,162,467 3,651,626

$9,382,573 $6,737,608 $7,059,649 $9,950,939

4,876,438 4,902,715 4,897,182 6,299,313

The exports of specie are larger than for the same month in each of the last two years, but not as large as for May 1851. The reshipments of foreign produce have been on a more limited scale. We also annex a summary statement of the exports of the same port since January 1st.

EXPORTS FROM NEW YORK TO FOREIGN PORTS FOR FIVE MONTHS, FROM JANUARY 1ST.

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$33,341,060 $29,979,806 $27,990,507 $40,101,079

20,709,912 20,912,152 22,599,807 29,083,395

It will thus be seen that the exports from New York, exclusive of specie, since January 1st, are $6,483,588 in excess of the total for the same time in 1853, $8,171,243 in excess of the first five months of 1852, and $8,373,483 in excess of the corresponding total in 1851.

It will be interesting in this connection to look at the shipments of some of the leading articles of domestic produce, and we annex a comparative total from January 1st to June 17th, in each of the last two years:

EXPORTS FROM NEW YORK TO FOREIGN PORTS OF CERTAIN LEADING ARTICLES OF DOMESTIC PRODUCE, FROM JANUARY 1ST TO JUNE 17TH:

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Candles-mold...boxes

sperm.....

Coal....

Cotton.

Hay.

Hops.

...

28,120 29,849 Lard
3,259 Rice
14,378 Tallow

2,623 ..tons 17,117 ...bales 141,536

1,900
112

30,365 34,893

.lbs.4,632,995 10,791.452

813,356 1,062,330

..1,956,017 7,513,293

.3,900,663 7,286,097 .trcs 7,172 15.409 ....lbs1,063,688 1,733,657 142,091 Tobacco, crude...pkgs 10,478 19,636 1,689 Do., manufactured. lbs2,857,413 1,315,139 475 Whalebone .........1,850,523 750,644

The most noticeable difference in the above is in the shipments of corn and provisions, the increase in some cases being three or four hundred per cent. There would have been a large increase in the shipments of wheat, but for the scarcity of this grain, the supply reaching the seaboard not having been sufficient for local millers, and the price of prime white wheat in the city of New York, has been $2 50 and upwards. The month of June will show a less comparative increase, the supply of domestic produce at the seaboard, with a few exceptions, not being sufficiently large to bring the prices within the limits of orders for shipment. Much interest will be felt in the official statement of the imports and exports for the fiscal year ending June 30th, but it will be some time before that can be published. Enough is already known to leave no doubt of the fact, that the total of each will be larger than ever before known in the history of the country. It is a singular fact, that notwithstanding the very large increase in the receipts of foreign goods at New York for the last eleven months, the increase in the exports, exclusive of specie, nearly balances them, while including the specie, the exports are far greater. This will fully appear in the following compari

son:

IMPORTS AND EXPORTS OF MERCHANDISE AND PRODUCE AT NEW YORK, TOGETHER WITH THE EXPORTS OF SPECIE, FROM JANUARY 1ST TO MAY 31ST.

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The same increase in either imports or exports, will not be found at other ports, but it is well enough to bear in mind that while over two-thirds of all the foreign imports of the country are received at New York, only about one-third of the foreign exports clear from thence, so that the total exports from the United States for the fiscal year ending June 30th, may, and probably will, nearly or quite equal the imports, presenting the most important commercial summary ever exhibited to the country.

THE NEW YORK COTTON MARKET

FOR THE MONTH ENDING JUNE 19.

PREPARED FOR THE MERCHANTS' MAGAZINE BY UHLHORN & FREDERICKSON, BROKERS, 148 PEARL STREET, NEW YORK.

The month under review has been an unsatisfactory one for those engaged in cotton. To the exporter the returns have been disastrous, and to the receiver here the range of prices has been much below the cost of the article. In accordance with orders from the South, backed by the views of holders here, large quantities of cotton have been shipped from first hands to Europe, in anticipation of meeting a better market there than could be calculated on here. The amount taken somewhat relieved holders, and towards the close of the month, under more favorable Liverpool advices, the market closed with an upward tendency.

For the week ending May 22d, our market was without tone, and prices extremely irregular; the transactions were at a decline of c. on quotations of the previous week, spinners and shippers being the principal purchasers. At the close of the week more steadiness was observed, and the following quotations were paid for strict classifications:

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PRICES ADOPTED MAY 22D FOR THE FOLLOWING QUALITIES:—

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The week ensuing the demand was kept up by large parcels being either withdrawn or shipped on owners' accounts. Our own manufacturers, (who are quite bare of stocks,) bought freely; the transactions, however, were not sufficient to advance prices materially, and holders met the demand without advancing rates. The week closed quiet but firm at the annexed quotations:

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PRICES ADOPTED MAY 29TH FOR THE FOLLOWING QUALITIES:—

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This week opened with but little inquiry, and large offerings gave buyers the advantage in price. The sales were small, and confined to lots pressing on the market. A decline in freights and an advance in exchange offered no inducements to exporters, and the transactions of the week were at very irregular prices, the market closing heavily, and quotations almost nominal. The total sales for the week we estimate at 6,500 bales, there being no other mode to arrive at the correct result, as the following resolutions, adopted by the New York Cotton Brokers' Association, at their meeting held May 29th, leave us without the means of acquiring the usual official report:

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