TREND OF TRADE.

Auckland Star, Volume LXVII, Issue 296, 14 December 1936, Page 4

TREND OF TRADE.

BANK DEBITS A GUIDE. The latest "Abstract of Statistics" furnishes particulars of the bank debits, or the total amount debited to all accounts (excluding Government) by the trading banks during each week. The average weekly debits during each month are as follow:— 1033. 3 93-1. 1035. £ £ Dec. .. 12.813,000 13,302.000 15,444,000 1034. 1035. 1030. £ £ £ ■Tail. .. 11,050,000 11,170,000 13,544,000 Feb. .. J5,534,0011 14,578,000 10,073,000 March 15.203,000 1 5,(550.000 1 8.140,000 April . 14,570,000 13,702,000 17,032,000 Mnv . . 10,7 1 0,000 1 2,8(54,000 1(5,32(5,000 .Tune . 11.733.000 11,050,000 14,050,000 .Tulv .. 11,503,000 12,230,000 14,868,000 Aug. .. 11,4(54,000 12.140.000 14,154,000 Kept. . 10,627.000 12.833.000 13,031,000 Oct. .. 12,1(55,000 11,030,000 14,783,000 Nov. .. 11,717,000 13,144,000 *14,602,000 •For three weeks only. These figures give a fair idea of the volume of business done generally. They indicate the quieter state of trade during the winter and early spring, when exports are low and internal trade is quieter, and the greater activity in the summer time aiul the flush of tha export season. General expansion of trade is indicated in the returns for the current year. The figures for September are the greatest for that month since 1920, when the average was £ 15,408.000. This, however, was before the exchange rate was raised and before the imposition of the sales tax. Both of these measures tended to increase the price of goods and are factors in higher trading figures.