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AUSTRALIAN TRADE

RETURNS INCREASE The excess of imports usually noticed In the oversea trade of Australia during the first two months of the statistical year (beginning July 1) was in the present period greatly reduced on that of the previous period. The excess of imports for July and August was £800,000 sterling, whereas for the corresponding period of 1936-37, the excess of imports amounted to £4,486,000 sterling. The figures include the movements of gold, which today is bought and sold as a commodity. The great change in the balance was brought about by an increase of £5,728.000 sterling in exports contrasted with an increase of £2,042,000 sterling in imports. OVERSEA TRADE. Two Months. 193G-37. 1937-38. fistg.looo. £stg.Moo. r-rnnrfi 11,013 17,341 imm Excess of Imports 800 The greatest increases in exports were in wool, wheat, sheepskins, and eold Other increases were in lamb and mutton, currants, raisins, canned fruits, lead and concentrates, zmc concentrates.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19371019.2.196

Bibliographic details

Evening Post, Volume CXXIV, Issue 95, 19 October 1937, Page 14

Word Count
153

AUSTRALIAN TRADE Evening Post, Volume CXXIV, Issue 95, 19 October 1937, Page 14

AUSTRALIAN TRADE Evening Post, Volume CXXIV, Issue 95, 19 October 1937, Page 14

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