TRADE OF BRITAIN

Dominion, Volume 25, Issue 222, 15 June 1932, Page 9

TRADE OF BRITAIN

Official Returns for Month of May DROPS ON LAST YEAR Official Wireless. Rugby, June 18. The returns of Britain’s overseas trade in May show that the value of imports was £55,735,344, as compared with £53,487,187 in the previous month and £69,628,484 in May of last year. Exports during the month were valued at £34,595,524, against £39,423,098 in the previous month and £39,642,284 in May of last year. The value of manufactured articles exported declined by £3,593,844, as compared with May, 1931. This figure Included a drop of £3,269,087 in the value of exports of vehicles, including locomotives and ships, machinery, and iron and steel manufactures. There was an increase of £947,360 in the value of cotton yarns and manufactures exported.

According to a cable message, compared with the corresponding period of last year, British trade figures for May show that imports decreased by £13,893,000, exports by £3,698,000, and re-exports by £1,348,000. The principal decreases were: Imports Meat, £1,574,000; other food and drink, £2,987,000; oil seeds, £736,000; iron and steel and manufactures thereof, £876,000; non-ferrous metals, £864,000; cotton yarns and manufactures, £561,000; woollen ditto, £869,000; apparel, £1,027,000; leather, £582,000. Exports—Vehicles, £2,559,000. The increases were: Imports—Grain and flour. £951,000; raw cotton, £481,000. Exports—Cotton yarns and manufactures, £947,000.