Better Trade Maintained The August trade figures, while showing the
usual holiday drop from the high level of July, conform never- theless to the• sustained improvement in trade which has- SO far characterised the present year, As: conipared With August, 1934, the exports for the last month exhibit an increase of 8.7 per cent. ; and as compared with the eight months ending August, 1934, the, exports for the last eight months exhibit one of 8,8 per cent. The balance between exports and imports is substantially more favourable than it was in the earlier period. The only cause for misgiving in the August period is a certain falling-off in purchases of the raw materials upon which the future activity of industry is based. This especially applies to raw cotton. As against it, there has been sonic increase in imports of manufactured goods.
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