BRITISH TRADE EXPANSION
IMPROVED BUSINESS OVERSEAS CLOSER ANALYSIS OF RETURNS British Official Wireless (Received May 18, 6.30 p.m.) RUGBY, May 17. Although the general expansion shown in the overseas trade returns for April is, as for some time past, attributable in a considerable degree to rising prices, the increase Is such as to point to real and continued improvement in international trade. Reduced to the working day averages the imports in April were valued at £3,187,342, compared with £2,777,651 in the same month of last year. Exports were valued at £1,854,886 against £1,392,797 a year ago, ar.d re-exports at £297,788 and £246,752 respectively. The amount of £7,348,674 of the total increase of £9,599,687 in the value of exports of the United Kingdom goods last month compared with April 1936, is accounted for by exports of manufactured goods. The cotton ar.d iron and steel industries show large increases. The exports of cotton yarns and manufactures in April were valued at £5,855.168, a rise of £1,252,195 over the previous April. In the first quarter of 1937, 47.2 per cent of the exports went to British countries oempared with 48.4 per cent in the same period of 1936.
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Timaru Herald, Volume CXLIII, Issue 20731, 19 May 1937, Page 9
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195BRITISH TRADE EXPANSION Timaru Herald, Volume CXLIII, Issue 20731, 19 May 1937, Page 9
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