OVERSEAS TRADE FIGURES

Press, Volume LXXII, Issue 21975, 26 December 1936, Page 9

OVERSEAS TRADE FIGURES

LARGE INCREASE IN EXPORTS POSITION AT END OF ELEVEN MONTHS (PRB39 ASSOCIATION TILEORAM.) WELLINGTON, December 23. The following arc the overseas trade figures of New Zealand for November, 1936, 1935, and 1934, and for the 11 months to November in each year. The figures are in New Zealand currency and exclude specie;— Excess of Exports Imports Imports £ £ £ Nov., 1936 3,821,000 4.083,000 262,000 Nov, 1935 3.877,000 3,045,000 832.000* Nov, 1934 2,816,000 2,718,000 98,000* •Excess of exports. For the 11 months ended November the figures arc;— Excess of Exports Imports Exports £ ' £ £ 1933 52,430.000 39,841,000 12,589,000 1935 42,616,000 33.103,000 9,513,000 1934 44,750,000 28,538,000 16,212,000 The value of specie excluded was:— November, 1936, exports nil, imports £7417; for the 11 months ended November, 1936, exports £45,245, imports £26,044. BANK OF ENGLAND RETURN (USTTED PRESS ASSOCIATION —COPYRIGHT.) LONDON, December 24. The following Is the return for the week ended December 23; ISSUE DEPARTMENT Notes issued— £

The ratio of reserves to liabilities is 30.28. The rate of discount is Unchanged at 2 per cent. The note circulation is at a high record, due to the Christmas demand. FOREIGN EXCHANGES

DOLLAR MARKET RATES The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday, on a New Zealand currency basis. They are subject to alteration without notice: — U.S.A. Canada. (Per £1 N.Z.) Dol. Dol.

In .circulation In banking department .. 474.100.000 39,500,000 £513,700,000 Government debt Other Govt, securities Other securities Silver coin .. 11,000,000 .. 188.800,000 2200,000 Fiduciary issue Gold coin and bullion .. 200,000,000 .. 248,700,000 £443,700.000 BANKING DEPARTMENT Capital .. .. 14.500,000 Rest .. .. .. 3,400,000 Public deposits .. .. 21,800,000 Bankers .. .. .. 72,200,000 Other accounts .. 38,800,000 £150.700.000 Government securities Discount and advances Securities Notes and coin .. 83,100,000 .. 6.400,000 .. 21,000.000 40,000.000 £150,700,000

(British ofncuL WIRtLRSS.) Paris, fr. to £1 RUGBY, December 24. Par. Dec. 22. Dec. 24. 124.21 105 0-64 105 5-32 New York, dol. to £1 4.866 4.91 5-16 4.912 Montreal, dol. to £1 4.866 4.902 4.902 Brussels, belgas to £1 35 29.07 29.13 Geneva, fr. to £1 25.2215 21.374 21.37*. Amsterdam. fl. to £1 12.107 9.972 8.972 Milan, lire to £X D2.46 93 5-16 93 5 r 16 Berlin, reichmarken to £1 29.43 12.21 12.31 Copenhagen, kr. to £1 18.159 22.40 22.40 Stockholm, kr. to £1 10.159 19.392 19.392 Oslo, kr. to £1 18.159 19.90 19.90 Vienna, schgs. to £1 34.585 264 264 Prague, kr. to £1 164.25 139.11-16 139 15-16 Helsingfors, marks to £1 193.23 2262 2262 Madrid, pesetas to £1' 25.2215 Lisbon, escudos to £1 110 110 3-16 110 3-16 Athens, drach to £1 375 5474 5474 Bucharest, lei to £1 843.6 670 670 Belgrade, dinars 25.2215 213 213 Rio de Janeiro, pence to milreis 4.899 42 42 Buenos Aires, pence to dol. 51 Montevideo, pence to dol. * 391 39£ Bombay, pence to rupee 19 18 5-32 18 5-32 Shanghai, pence to dol. * 14 7-16 14 7-16 Hong Kong, pence to yen « 14 29-32 14 29-32 Yokohama, pence to yen « 13 63-84 14 Batavia, guilders 12.107 8.974 8.974 Warsaw, par zlotys to £ 1 43.36 — ‘Determined by price Of silver.

Selling— T.T. . .. 3.93£ 3.934 O.D. . .. 3.04 3.93 Buying— T.T. .. 3.974 3.96g O.D. . S.98i 3.98