BETTER TRADE FIGURES.
I have so often to write in terms of pessimism with regard to trade, and especially with regard to our export trade, that it is pleasant to be able to record that, so far at all events as general turnover is concerned, the figures for October were rather more encouraging. Both the imports and the exports, in fact, attained to higher totals than at any time since last March, though it must be pointed out that the figures for October and November are usually above the average. A good feature of the month was the decided advance in exports, which were £2,586,000 above the same month of last year, while the visible adverse trade balance of £2,944,000 was about £5,000,000 better than for the same month of last year. For the ten months of the year there is still a decrease to note in the general turnover of trade, as expressed in values, but on the other hand, the visible adverse trade balance of £289,000,000 is about £36,000,000 better than for the cor- responding period of last year. * * * *
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