BRITAIN’S TRADE
EFFECT OF SANCTIONS. OTHERWISE HEALTHY TONE. (British Official Wireless.) RUGBY, Dec. 16. The trade returns for November show the effect of the restrictions on trade with Italy. The measures became effective only on November 18, and some * imports were higher than the year before, as a result of buying in anticipation, but exports were, in many cases, markedly reduced. Exports of wool, raw and waste, were only £3631, as compared with £46,628 for November, 1934; coke and fuel were £3197, as against £32,970, and chemicals, £3227, as against £14,979. The biggest decline was in coal exports, frOm £326,919 a year ago, to £28,678 last month. On the other hand the export of non-ferrous metals and rubber increased.
The steady recovery _in Britain’s foreign trade is further illustrated in the returns, however. These show that for the first 11 months of this year, exports totalled £440,858,556, which was £31,302.259 more than in 1934, and £61,446,652 more than in 1932, end the highest figure since 1930. Imports totalled £683,571,272, which was £14,056,087 more than in 1934, and £70,719,807 more than in 1933, and the highest figure since 1931.
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Manawatu Standard, Volume LVI, Issue 17, 18 December 1935, Page 9
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188BRITAIN’S TRADE Manawatu Standard, Volume LVI, Issue 17, 18 December 1935, Page 9
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