TRADE OF BRITAIN

New Zealand Herald, Volume LXX, Issue 21467, 15 April 1933, Page 5

TRADE OF BRITAIN

DECREASE IN IMPORTS ADVERSE BALANCE■ FALLING LONDON, April 12 The Board of Trade returns for Ma rcli show that imports totalled £56,346,000, a decrease of £4,773,414, compared with March, 1932. The value of exports was. £32,551,000, an increase of £1,354,701, and of reexports, £3,983,000. a decline; of £1,441,077. The principal decreases last month were: Imports, living animals, £352,000; other food and drink, £1,414,000; raw cotton, £1,17'.).000; hides and skins, £102,000; nonferrous metals and manufactures, £302,000. Exports: Machinery, £230,000. Increases:—lmports: Oils, fats and resins, £BOO,OOO. Exports: Coal, £331,000; vehicles, £1,438,000. Following is a comparison of the returns for March of the last three years: — March Imports Exports He-exports 1031 . . £70.601,685 £311,989,491 £5,438.463 1932 .. 61,119,414 31,196.299 5.424,977 1933 . . 66,346,000 32,551,000 3.953.000 The apparent adverse balance in March, 1931, was £31,173,631. It decreased in 1932 to £24,499,038. Last month the excess of imports decreased to £19,812,000. Corresponding returns for periods of three months are: Imports Exports Re-exports 1931 £209,809,015 f103.34G.1Gf, £17.328,098 1932 193,415.734 92.330,922 16,115,472 1933 159.54G.0t00 89,683.000 12,054,000 The apparent adverse balance for the first three months of this year is £57,209,000, compared with £84,969,340 in 1932 and £89,134,751 in 1931. GOLD AND SILVER QUOTATIONS IN LONDON (Received April 14, 5.5 p.m.) LONDON, April 13 Fine gold is quoted to-day at £6 Is 6d an ounce, compared with £6 Is 8d yesterday and £6 Is 4d on April 11Silver was quoted yesterday at 17$ d spot and 17 11-16 d forward, compared with' 17gd and 17 7-16 d on April 10. The quotation for silver at per fine oz. is 19d, compared with 19 3-8 d on April 11. BRADFORD TOPS FIRMNESS OF MARKET (Received April 14, 5.5 p.m.) LONDON. April 13 The Bradford tops market is firm. To-day's quotations, compared with those for the three previous weeks, arc * —■ March March April April 23 30 0 13 Per lb. i>r lb. Per lb. Per lb. ,1 d d d Seventies . 23 23 J 231 231 Sixty-fours .. 22 22J 22J 221 Sixties .. ..21 21 21 21 Fifty-sixes .. m 171 171 HI Fifties .. ..1U I' 11 111 Forty-sixes ..8 8! 84 81 Forties . . . • 8 8 .8 8 . —; ! BUTTER-FAT PAYMENTS HINUERA AND CAMBRIDGE [FROM OUR OWN COrtRKSrONDKNT] HAMILTON. Friday. An advance of 6cl per lb. butter-fat for cream supplied for butter-making during March is being paid by the Hinuera Co-opera tivo Dairy Company, Limited. The aggregate will bo £4988. The Cambridgo Co-operativo Dairy Company, Limited, has fixed the advance for the March supply at 6d per lb. for butter-making and 7d per lb. for cheese-making. Payments made in the corresponding month of last year for the March supply wero at the rate of lOd per lb. for cream for buttermaking and lid per lb. butter-fat for milk received for the manufacture of cheese." Tho total pay-out this month is £13,188, compared with £14,457 for tho corresponding month last year. The amount paid so far this season totals £142,220, as against £154,557 for the corresponding period last season.