EXPORTS ADVANCE.
Nevertheless, the good feature in the trade returns for last month is not simply that the value of exports showed an increase of about £17,000,000 compared with a decrease of £10,000,000 a year ago, but that the advance is of a most general character. As may be supposed, a considerable amount is due to the resumption of our coal exports, but under the head of iron and steel manu- factures there is an increase of £2,757,000, under cotton yarns and manufactures there is an advance of £3,469,000, and under the head of woollen and worsted yam there is a growth of nearly £1,000,000, while exports of machinery advanced by £1,440,000. Nearly every country of importance bought more extensively from us, but the outstanding feature was the increased orders from Germany. Trade with India was good, but there was not much improvement as regards transactions with the Far East.
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