OVERSEAS TRADE.
LESS FAVOURABLE BALANCE. According to the latest "Abstract of Statistics," "the cumulative excess of exports during the expired ten months of the current exporting season amounts to only- £6,500,000. as compared with £18.500,000 for the corr'jeppndirij' portion of the preceding year. "The excess for the 12 months ending with June will probably be insufficient to balance excess of payments on account of invisible items, so that the large balance on New Zealand account which has accumulated in London will require to be drawn on."
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Bibliographic details
Auckland Star, Volume LXVI, Issue 138, 13 June 1935, Page 4
Word Count
86OVERSEAS TRADE. Auckland Star, Volume LXVI, Issue 138, 13 June 1935, Page 4
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