MERCHANDISE. BULLION AND SPUDS.
Exports Exports Imports. (British). (Total). Imports. Exports.
(L) Dec., 1904... 52,845,366... 28,072,134... 34,512,410... 4,957,645... 4,294,606 „ 1903... 52,319,618... 24,612,503... 30,433,004... 4,513,112_ 5,460,338 (ii.) Year ended Dec., 1904...551,362,121...300,817,897...371,139,815...15,568,927...46,302,832 Increase (+) or
Dec., 1903 ... 4 525,748... +3,459,631...+4,079,406... +414,533...-1,165,732 Classified in departments, the figures for 1904 are as follows :—
IMPORTS. Inc. or Dec.
Food, drink, and tobacco... ... 231,790,387 Raw materials and part manu- factures ... 182,210,518 ...
Manufactures 135,150,692
EXPORTS.
Food, drink, and tobacco... ... 16,926,051 ...
Raw materials and part manu- factures ... 35,670,495 Manufactures ... 213,942,434 ... compared with 1901. - 494,309= '2 p.c.
+8,700,481=5-14 p.c.
+ 586,341= + 548,817=3B p.c.
+ 291,666= '8 p.o. +9,154,575=31 p.c.
For both the month of December and for the year cotton is chiefly responsible for the rise on both the import and export sides. Apart from cotton, there is an increase in all important departments of the export trade, the only notable decreases being in apparel, due to altered conditions in South Africa, and iron and steel, the result of diminished prices. We deal in another column with the lesson of these Returns, which have brought scant solace to those in search of evidence of the decline of our national prosperity.
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