The Hague, Sept. 23.
From the September issue of the "Statistical Bulletin," just published py the Hague Office of the Interna-nona! Tin Research and Development Council, we derive the following (figures in brackets refer to the corresponding period of the previous year):—World tin production in July 1938 amounted to 11,600 tons, making a total of 94,300 (110,500) tons for the first seven months of this year. Production of the signatory countries in the same period was 77,225 (95.054) ions, being 82.4 (86.4 per cent. of total mine production.
World apparent tin consumption in July 1938 amounted to 10,400 tons, against 11,100 in the preceding month and 14,600 tons in July 1937. Consumption in the frst seven months of this year, at 91,000 (112,800) tons, was 19 per cent. below the figure for the first seven months of 1937. The most severe decreases occurred in the U.S.A. and in the United Kingdom, where tin consumption fell by 40% per cent, and nearly 34 per cent. respectively. Tin consumption of all other countries, in the aggregate, increased by 9 per cent. Large percentage increases are shown by Poland, where consumption increased by 60 per cent, by Italy, 58 per cent., and by British India, 52 per cent.
The following table gives the consumption statistics of principal countries (in tons of 2,240 Ibs):
Exchequer returns show that total ordinary ' revenue amounted to £324,612,657, compared with £328,- 173,682 at the corresponding date of last year.
The yield of income tax is £63,073,000 against £61,505,000, and of surtax £8,710,000 against £6,900,000 Estate duties, however, have brought in only £38,960,000 against £48,730,000. a year og.
Both customs and excise have yielded slightly more than last year, at a combined total of £175,380,000.
Total expenditure, less self-balancing items, is £509,529,040, compared with £440,553,618 at the corresponding date of 1937.
The floating debt stands at £953425,000, which represents a net increase of £111,670,000 since che beginning of the financial year.—Wireless through Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.
