OVERSEAS TRADE.
INCREASES IN JULY. EXPORTS MUCH HIGHER. The satisfactory condition of the country's overseas trade is well maintained in the returns for the month of July, released yesterday by the Customs Department in Wellington. Exports at £4,680,000 are nearly a million and a half higher than they were in July, 1935. Imports also show continued advance, but not to the same extent. As a consequence the so-called "favourable" balance has increased to £ 1,140,000, as against £271,000 in July last year. Following is a comparison of the returns for July in the la6t three years, exclusive of specie, in New Zealand currency:—
Exports. Imports. Excess. July. £ £ £ 1934 2,851,000 2,567,000 16,000* 1935 .. . . 3,218,'000 2,947,000 271,000 1936 . ... 4,680,000 3,531,000 • 1,119,000 •Excess of imports.
The figures for the seven months com-, pared with those in 1D34 and 1935 are:—
Exports. Imports. Excess. Jan.-July. £ £ £ 1934 . 34,349.000 16,023,000 17,726,000 1935 . 30,327,000 19,665,000 10,662,000 1936 . 38,911,000 23,391,000 15,520,000
The value of specie exported in July, which is not included in the previous figures, was £400, none being imported. For the seven-monthly period exports, were at £37,600 and imports at £14,040.
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Auckland Star, Volume LXVII, Issue 206, 31 August 1936, Page 4
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184OVERSEAS TRADE. Auckland Star, Volume LXVII, Issue 206, 31 August 1936, Page 4
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