TREND OF TRADE.
DEBITS ON OPEN ACCOUNTS,
An interesting feature in the latest returns published in the "Monthly Abstract of Statistics" is bank debts, or the total amounts debited to all accounts (excluding Government) by the banks during each week. The average weekly debits during each month are as follow:—
| 1925-29. 1929-30. 1930-31. i £ £ £ j May ..15,488.700 1G.949.9G1 10.740,723 i June ..14,999.574 13.803.697 14,749.756 July ..14.779,934 15,803,107 14,370.290 ! Aug. ..13.542.149 14,432,507 13,435,183 ! Sept. ..13,222,340 15.401,069 15,009,4G9 I Oct. ..15,500,880 15.408,704 14.424,239 j Nov. ..14.690,729 16,169.156 13,116,703 ■ Dec. ..17,801.117 18.153,181 14,074,112 Jan. ..16,188,180 15,351,529 10,701,498 Feb. ..19,850,100 18,103,036 12,319,954 |Mar. ..21,130,149 20,154,325 13,941,065 Apl. ..18,048,535 15,488,263 »12,111,425 *For two weeks only. j These figures give a fair idea of the volume of business passing through genl.cral trade. It will be noted that in recent months there have been substantial reductions. although it must not be over- . looked that lower prices are an important 1 factor in this result.
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Auckland Star, Volume LXII, Issue 117, 20 May 1931, Page 4
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157TREND OF TRADE. Auckland Star, Volume LXII, Issue 117, 20 May 1931, Page 4
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