TRADE RETURNS

Manawatu Standard, Volume LVII, Issue 221, 18 August 1937, Page 9

TRADE RETURNS

POSITION IN BRITAIN. STATISTICS FOR JULY. THE CHIEF INCREASES. ..(United Press Association—By Electric Telegraph—Copyright.) Received August 18, 10.5 a.m. LONDON, Aug. 17. The Board of'Trade returns for July are as follow : Imports £85,505,000 Exports .: £47,569,000 Re-exports £6,803,000 The principal increases, compared with .July of last year are : IMPORTS. Grain and flour £2,484,000 Fresh fruit and vegetables £662,000 Other food ... £458,000 Iron ore and scrap £736,000 Wood and timber £2,486,000 Wool and raw waste ... £887,000 Seeds and nuts £707,000 Rubber £994,000 Hides and skins £735,000 Non-ferrous metals and manufactures thereof £2,820,000 Machinery £822,000

EXPORTS. Coal £1,062,000 Iron and steel and the manutures thereof £1,086,000 Cotton yarn and manufactures thereof £726,000 Vehicles £1,061,000 RE-EXPORTS. Non-ferrous metals and manufactures thereof £1,158,000 There was a decrease in the imports of cotton and raw waste of £1,308,000 OVERSEAS TRADE. BIG RISE hTeXPORTS.(British Official Wireless.) RUGBY, Aug. 16. British overseas trade returns for July were £26,000,000 more than_ in July, 1936. Exports of United Kingdom goods valued at £47,569,834 were the highest since July, 1930, and compare with £44,373,015 in J une and £40,085,922 a year ago. Imports were valued at £85,505,039. as against £88,116,677 in June. Last year the values for June and July were £67,599,397 and £68,735,352 respectively. In the first seven months of this year the United Kingdom exports exceed in value the exports for the same period of 1936 by £/,483,912, and that this increase does not merely reflect a rise in prices is shown by the fact that exports of coal have risen from 19,634,918 tons in the seven months of last year to 22,704.388 tons this year despite Italy’s taking less than half the quantity she took in 1935, the last normal year, and that exports of iron and steel and manufactures thereof have risen from 1,266,902 tons to 1,581, 1 30 tons. On the other hand, the rise in the value of imports was largely the result or higher prices.