The trade returns for November, which were pub- lished on
Wednesday, are on the whole satisfactory. There has been a distinct increase in the value of foreign- and colonial merchandise. The total reached 75i millions sterling, compared with 721 millions in November of last year. On the import side last month's total of 951 millions is higher than any previous month's since February of last year. An analysis of the increase m exports shows that the increase is chiefly due to larger trade in our 'woollens and worsteds, in clothes, chemicals, drugs, dyes, paper and miscellaneous articles. That, of course, is very much to the good, while the increase of three millions in the value of raw materials exported means in effect that we are again sending coal abroad. On the import side there is a large increase in articles of food'and a decrease in the value of manufactured imports.
Previous page
