Cork Imports and Exports
The trade with the Mediterranean consists principally in the importation of bark, valonia, shumac, brimstone, sweet oil, liquorice, raisins, currants and other fruit, marble, and various small articles. The importation of wine is steady and considerable, but not so extensive as formerly, in consequence of the increased consumption of home-distilled spirits: the quantity imported on an average of three years ending with 1835 was 398 pipes, 74 butts, 701 hogsheads, 517 quarter-casks, and 246 cases annually. From 5000 to 6000 tons of salt are annually imported from St. Ubes, exclusively of a large quantity brought from Liverpool. The trade with St. Peters-burgh, Riga, Archangel, and occasionally with Odessa, is chiefly in tallow, hemp, flax, linseed, iron, hides, bristles, and isinglass, but is not very extensive: and as a considerable portion of the tallow and part of the hemp comes indirectly through London and Liverpool, the returns of these articles and others imported in a similar manner are necessarily imperfect: the estimated importations of tallow average about 1580 hogsheads, and of hemp 400 tons, annually.
The Baltic trade in timber was gradually declining until the practice of bringing it in through Halifax at the colonial duty of 10s. per load was resorted to. Large quantities of timber are brought from Canada, the trade with which is flourishing: the staves and potashes formerly brought from New York and Baltimore now come mostly from Quebec, though several cargoes of staves have been recently imported from the United States via St. John's (New Brunswick) and Nova Scotia. Flax seed, formerly imported to a considerable extent direct from New York, is now brought from the Baltic and Odessa, and is derived indirectly from England; the quantity of tobacco that paid duty at the custom-house, on an average of three years ending with 1835, was 647,000 lb. annually. The decline of the outward West India trade, and the facility of procuring supplies from the English ports by steamers, have considerably diminished the direct importation of sugar and other articles of West Indian produce: the quantity of raw sugar annually imported, on an average of three years ending with 1835, amounted to 3109 hhds., 468 tierces, 596 barrels, and 5654 bags; and of refined sugar, to 546 hhds. and 486 tierces.
The quantity of herrings now imported, almost exclusively for home consumption, is on an average of three years 17,904 barrels annually. Vast quantities were formerly imported from Scotland and Gottenburgh, and after being repacked here, were shipped off to the West Indies, being found to keep good in that climate better than those from any other port; but the Scots sending for men from Cork soon learned the peculiar mode of packing them, and the trade from this port was discontinued. Fish is imported from Newfoundland, Labrador, and Gaspe in considerable quantities, amounting on the average to 500 tons annually. Many of the merchants are of opinion that the deep sea line fishery on the Nymph Bank, and that in the bay of Galway, if properly conducted, would not only furnish a sufficient supply for home consumption, but even a surplus for exportation.
The direct foreign trade of the port having been very much diminished since the introduction of steam navigation, the wholesale dealer in almost every article has been greatly injured; the retailer can now, without holding stock, ensure a weekly supply by steam from Liverpool or Bristol, and, both as regards foreign produce and articles of British growth or manufacture, has thus become an importer; even if he could purchase equally as cheap from the Cork merchant, he prefers announcing his importations in the daily newspapers, by which his own trade is benefited in proportion as that of the wholesale dealer is injured. This diversion of the channel of trade has consequently caused a depression in the value of large warehouses, formerly used as stores for merchandise. But notwithstanding the introduction of steam navigation, the tonnage of sailing vessels belonging to the port has, within the last 25 years, greatly increased; and a manifest improvement has taken place in the principle of their construction. Formerly the vessels built here were considered so inferior that underwriters were reluctant to insure them, and even the Cork merchants preferred shipping valuable cargoes in others; now the London traders of the highest class, which are insured at Lloyd's for a less premium than other vessels, have been built in the river of Cork.
By far the greater portion of the tonnage is, however, employed in the Canadian timber and Welsh coal trades, the latter of which was formerly for the most part carried on in Welsh vessels. The coal trade is very considerable: a local duty of one shilling per ton late currency is levied for the support of the Foundling Hospital on all coal brought into the port, amounting to about 120,000 tons annually. The number of registered vessels belonging to the port, in Jan. 1836, was 302, of the aggregate burden of 21,514 tons, and employing 1684 men: this enumeration includes vessels trading from Kinsale and Youghal, which are now registered as belonging to Cork.
There are two shipbuilding yards, each having a patent slip in which vessels of 500 tons can be hauled up and repaired: vessels of every size to 400 tons have been built in these yards. At Passage there are two ship-building yards, one of them having a very fine dry dock: these establishments employ about 200 hands. During the year ending Jan. 5th, 1836, 164 British ships of the aggregate burden of 29,124 tons, and 27 foreign ships of 2912 tons aggregate burden, employed in the foreign trade, entered inwards; and 69 British and 20 foreign ships, of the aggregate burden of 10,098 tons, cleared outwards: in the trade with Great Britain, 2246 vessels of all kinds, of 226,318 tons aggregate burden, entered inwards, and 1384 of 166,516 tons aggregate, cleared outwards: and in the intercourse with Irish ports, 406 vessels, of 18,564 tons aggregate burden, entered inwards; and 596 of 20,384 tons aggregate cleared outwards. The amount of duties paid at the custom-house for the same year was £216,446. 1. 7. and of Excise for the same period £252,452. 14. 6 ½.
The superior facilities afforded by steam navigation have given an extraordinary impulse to the trade of this port: the agricultural produce of all the western parts of the country south of Limerick is brought hither for exportation, in return for which, groceries, woollen and cotton goods, and other commodities are received. The completion of the great Western railway from Bristol to London will tend to a still further extension of this profitable system of interchange, by expediting the conveyance of live stock, provisions, and other Irish produce to London. In 1821, two steam-boats were employed by a Scottish Company to trade between Cork and Bristol, but, from drawing too much water, did not remain on this station more than six months, after which the boats of the Bristol Company traded for some time, and in 1825 the St. George's Company introduced a line of packets between Cork and Liverpool, and afterwards between Cork and Bristol, which have been ever since continued, and have engrossed the entire carrying trade of the port by steam.
The capital of this company amounts to £300,000, subscribed in shares, of which one-third are held by Cork proprietors. It now employs seven vessels of about 500 tons' burden and 250-horse power each; two of these ply to Bristol, one to Liverpool, three to London, and one to Dublin: all carry passengers, goods, and cattle. The company's office, built on Penrose's quay in 1832, is a neat building with an entrance porch of the Doric order surmounted by a pediment on four Ionic columns, above which is a sculpture of St. George and the Dragon. Four smaller steam-boats ply daily between Cork and Cove. The American Steam-Packet Company's vessels will touch here on their way to and from Liverpool. Rail-roads to Cove, Passage, and Limerick, are in contemplation.