AUSTRALIA’S TRADE
CREDIT BALANCE IN LONDON INCREASE FOR FIVE MONTHS (United Press Association.) (By Electric Telegraph—Copyright.) SYDNEY, January 8. The credit balance in London of Australia’s overseas trade as a result of the five months’ operations ended on November 30 is £11,722,000, an increase of £4,540,000 on the balance at the end of October. This amount is in English currency. The credit of the five months is about £778,000 below the amount necessary to pay the five months’ overseas interest and other Government payments. The imports were of the value of £17,804,000, against £33,339,000 in the five months of 1930-31, and the exports were valued at £29,526,000, compared with £39,070,000 in the same period of the previous year.
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Otago Daily Times, Issue 21538, 9 January 1932, Page 9
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118AUSTRALIA’S TRADE Otago Daily Times, Issue 21538, 9 January 1932, Page 9
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