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Dáil Éireann debate -
Thursday, 14 Nov 1935

Vol. 59 No. 6

Ceisteanna—Questions. Oral Answers. - Adverse Trade Balance.

asked the Minister for Industry and Commerce whether he can state the estimated amount of the net adverse trade balance in the external trade for the year 1934 (or the financial year 1934-35), and if he will state the several items of invisible trade in respect of which estimates have been made.

The answer contains a number of figures which I shall have circulated in the Official Report.

The following are the items of visible or invisible trade for the year 1934 as far as these items are known or have been estimated:—

INWARD OR CREDIT MOVEMENT (EXPORTS):

£

Merchandise (including parcel post)

18,605,000

Bullion and coin

115,000

Emigrants' remittances

2,225,000

Port receipts estimated at

250,000

Estimated U.S.A. tourist expenditure

400,000

Post, telegraph and telephone earnings

92,000

Withdrawals from British Post Office Savings Bank and payment of dividend warrants

258,000

Encashment of British Savings Certificates

35,000

Diplomatic, consular and other expenditure in Saorstát Eireann by foreign countries

77,000

Miscellaneous receipts (including pensions paid by British Government to persons residing in Saorstát Eireann and net receipts from Hospitals' Sweeps)

5,990,000

OUTWARD OR DEBIT MOVEMENT (IMPORTS):

Merchandise (including parcel post)

39,122,000

Bullion and coin

92,000

Post, telegraph and telephone payments

187,000

Annuity paid to the British Government in respect of damage to property

249,000

Travelling and passage money of overseas emigrants, estimated at

45,000

League of Nations and representatives abroad

59,000

Miscellaneous (including payments abroad by the Paymaster-General)

103,000

The 1934 estimates for income from investments abroad and outgo from extern investments in Saorstát Eireann have not been included in the foregoing statement as these figures are still under investigation.

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