BRITISH TRADE BOOM.

Dominion, Volume 6, Issue 1660, 29 January 1913, Page 8

BRITISH TRADE BOOM.

IMPORTS AND EXPORTS. SUBSTANTIAL INCREASE. British industry continues to bootn.'Thc Board of Trade return for November shows a vory substantial increase both in imports and exports over the corresponding period of I'JlO and 1911. In three years the total imports and exports (including exports of foreign and colonial goods) tor the month have.been as follow:— Imports. Exports. Total. I Yct\i* «fi i £ .p 1912 70,995,000 52,900,000 123,1)85.000 1911 05,3114,000 48,821,000 114,215,000 1910 61,030,000 44,056,000 . 105,4-16,000 Inc. on 1911 ... 5,001,000 4,109,000 9,770,000 Inc. on ' 1910 ... 0,905,000 8,631,000 15,539,000 In regard to imports, November has been tho best month this year except October, and the best month in exports except August and Octobsr. No month in 1910 and 1911 came up to tho level of November, 1912. With tho month of December to complete tho year, the total of oversea trade was now well beyond the thousand million level. Compared with last year, the totals, are as follow ;— 1912. Increase. ■■ £■ £ Imports ............ 670,884,000. 55,130,000 Exports ...518,571,000 38,819,000 Total .....: 1£1,219,155,000 .£94,255,000 The eleven months 'trade'of this year lacks only dC18.000.000 to equal the .total of the whole of 1911, while it exceeds that of 1910 by 0C7.000.000. ', • The increase in. imports for the eleven months ended on November , 30 includes „C 15,794,000 in regard to food, drink, and tobacco, .£21,082,000 in raw materials, and .£18,150,000 in articles wholly or mainly manufactured,. Under the heading of raw, materials the following figures arc indicative of the-activity in some of our leading industries:— ','>■■ Total. Increase. 1 Imports. ';'£■■ £ Wood and timber 26,301,000 2,125,000 Cotton ...: 1...... 00,435,000 4,703,000Wool. , 33,537,000, 805,000' 1 Other textile materials 10,005,000 3,489,000 Hides and skins .12,304,000 .2,266,000 In rcspect'to raw materials and articles mainly unmanufactured, there is an increase in every department for the eleven, months of 1912. , Turning to exports of home produce "wholly or mainly manufactured," there -is an increase of 511,370,000 compared with November, 1911, and no less than. .£4,460,000 compared with November,: 1910. 'The following are some, of the figures for'the .eleven months ended November 30, 1912 :— Manufactured . Total, Increase. ./ Exports., . "JB. -.. £. Iron and steel ...'...'.. 44,279,000 4,249,000 Other metals 11,224,000 1,118,000 Cutlery, hardware, etc.; 7,473,000 • 736,000 Electrical goods 4,050,000 .1,433,000 'Machinery , 30,418,000 2,092,000 :Now ships '; ' 0,237,000 1,349,000 Cotton 112,254,000 1,571,000 Wool' ........: 34.G50.000 292,000 Other textiles 13,342,000 1,320,000 Apparel 14,531,000 1,602,000 Leather goods .......'.. ,4,820,000 347,000 Boots and shoes v ...... 3,040,000 577,000 Chemicals :..>. 19,289,000 -■ 880,000 Earthenware and glass 4,531,000 214,000 Paper -. ;..... 3,261,000 229,000 Carriages, motor-cars,' etc. -. -..' : 8,885,000. 1,488,000, Total (including mis- >', / • ; collaneaus) :..'. 352,893,000 20,302,000 1 There is ono solitary item of decrease in ;the eleven months of 1912, namely, in.silk, ■■which shows a decline amounting to .£133,009, the total exports being £2,076,000...'