1244
SERVTA
The following table shows the value of the trade with different countries for two years : —
Countries
Imports from
i
Exports to
1910
1911 1
1910
1911
£
& 1
£
£
Austria-Hungary .
(545,930
1,831,492
712,875
1,873,847
Belgium
35,994
80.314
645,489
237,089
France
144,144
221,788 1
47,644
148,270
Germany
1,399,033
1,209,998 ■
876,594
1,116,811
Italy .
145,798
187,627
42,786
168,810
Bulgaria
19,312
26,910
165,282
108,140
Roumania ,
47,212
59,421
262,820
237,027
Turkey
237,382
147,206
938,837
462,580
United Kingdom .
456,997
367,637
66,892
3,150
The treaty of June, 1893, provides for " the most favoured nation" treat- ment in commerce and navigation between the United Kingdom and Servia. A new treaty, signed February 17, 1907 (for 10 years), provides for tariff reductions and for ' most favoured nation ' treatment as regards commercial travellers, the acquisition and possession of property, and other matters.
Total trade between Servia and the United Kingdom for 5 years : — •
1907
1908
1909
1910
1911
Imports from Servia into United Kingdom
Exports to Servia from United Kingdom
22,086 159,304
£ 4,429 242,862
£ 4,594 204,318
£ 154,113 341,074
£ 39,369
318,694
Communications.
Servia has two principal railway lines, Belgrade-Nish-Vranye, and Nislt- Caribrod ; also several secondary branches, Smederevo-Velika Plana, Lapovo- Kraguyevatz, total (June 1912) 606 miles.
Of highways there are 3,495 miles, many of them in a ruinous condition. Of rivers only those bordering on Servia are navigable, viz. Danube, 198 miles ; Save, 90 miles ; and Drina, 106 miles. The navigation on the Danube and Save is in the hands of the Servian Steamboat Company, and several foreign companies, Austrian, Hungarian, Rumanian, and Russian.
There were 2,194 miles of telegraph line and 6,421 miles of wire, with 217 State telegraph offices, at the end of 1911. In 1911, 1,078,303 messages were transmitted.
In 1911 there were 25 urban telephone systems with 412 miles of line and 4,460 miles of wire, and 38 inter- urban systems with 987 miles of line and 2,000 miles of wire. Total number of conversations in 1911 : urban, 4,406,171; inter-urban, 195,489.
There were 1,539 post-offices in 1911. In 1911 the letters transmitted were : internal, 54,223,000 ; international, 10,636,000. The post and telegraph receipts for 1911 amounted to 3,566,338 dinars (francs), and expenditure to 3,177,.087 dinars.
Money and Credit.
The principal bank is the National Bank of Servia in Belgrade, with the nominal capital of 20,000,000 dinars, of which 7,500,000 has been paid up. Its note circulation, December 31, 1910, amounted to 65,823,120 dinars, and cash on hand to 44,318,424 dinars in gold^and 6,521,379 dinars in silver. The
Export Bank, with agencies abroad, assists in the exportation of Servian