TREND OF BRITISH TRADE

Timaru Herald, Volume CXLIV, Issue 21065, 17 June 1938, Page 9

TREND OF BRITISH TRADE

DECREASES IN EXPORT 1 BUSINESS Interesting Comparisons Presented British Official Wireless (Received June 16, 6.30 p.m.) RUGBY, June 15. The exports of United Kingdom goods in May were valued at £38.164.810, compared with £37.266.307 in April, and £42.732,641 in May, 1937. The value of imports for those same periods was £75,393,773 in May, £73,679,570 in April, and £83,173,412 in May last year. Re-exports amounted to £7,177.179. e against £5,010.521 the month before, - and £7,392,694 a year ago. For the t first five months of the year, exports 7 show a decrease of £10,551.450 over the corresponding period of last year, and - amounted to £196.306.293. Imports are - £1,817,378 less than a year ago at I £393,427,311, and re-exports at £27,932,617 show a fall of £5,478.342. Of the decrease of nearly £8.000,000 in the value of imports in May, compared with May. 1937, over £5,000.000 is in respect to raw materials, and notably of raw cotton and wool, cotton and woollen manufactures, also the principal exports showing a decline in value against which there was a considerable increase in the value of machinery exported. DETAILED RETURNS 1 = INCREASES AND DECREASES 1 S United Press Association —By Electric r Telegraph -Copyright LONDON, June 15. e The Board of Trade returns for May P are:—

Imports Exports Re-exports £ 75,393,000 38,164.000 7,177,000 Increases The principal increases verc:— Imports Dairy Produce 1,144.000 Fresh Fruits 794,000 Exports Coal 524,000 Machinery • • • • • • •• 900,000 Re-exports Non-ferrous Metals 421,000 Decreases Imports Grain and flour .. .. 766,000 Colton and raw waste 2,274,000 Wool and raw waste .. 1,039.000 Hides and skins .. .. 910,000 Non-ferrous metals 912,000 Oils and fats 711,000 Exports Wool and raw waste .. 381.000 Iron and steel 448,000 Cotton and yarns .. .. 1,927,000 Woollens and yarns .. 936,000 Re-exports Hides and skins 393,000