WIDE FAVOURABLE BALANCE
AUSTRALIAN OVERSEAS TRADE.
YEAR’S OPERATIONS REVIEWED.
By Telegraph—Press Assn.—Copyright. Sydney, Aug. 10. The exports from the Commonwealth for the financial year 1931-32 exceeded the imports for the same period by £40,193,000, compared, with a favourable balance of £27,944,000 in 1930-31. For the twelve months the favourable commodity balance was £30,691,000, and the gold and silver balance £9,502,000, compared with £15,296,000 and £12,648,000 respectively for 1930-31. For the year 1932 the favourable balance due to the current production of goods: totalled £34,000,000. With the moratorium on the war debt, this balance in sufficient to meet public obligations abroad and leave about £7,000,000 for private interests and dividends.
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Bibliographic details
Taranaki Daily News, 11 August 1932, Page 5
Word Count
109WIDE FAVOURABLE BALANCE Taranaki Daily News, 11 August 1932, Page 5
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