The New Zealand Trade Review, says : — The export, of the colony for the quarter ended 30th June last reached a total of estimated value of £2,315,124, as. compared with £2,252,958 m the corres. ponding quarter of last year. In* the latest quarter, moreover, the shipmentsof specie were of a value of only £150, as against £10,676 in the June quarter of 1890, so that apart from specie the. exports of the latest'quarter exceeded thoseof the June quarter of 1890 by £72,692. A point however, comes out on an ;ex« amination of the details of the statement, -which somewhit changes this aspect. The declared value of gold shipped during the quarter was £412,146, as against £207,004 in the corresponding quarter of 1890. During the preceding six months—from Ist October; 1890, to 31at March,. 1891* — the shipments of gold orilyamounted to £289,019 The explanation evidently is that large holders of gold delayed shipment until after the 31st March, from which iate, according to the CJold Dutjr Abolition Act, 1890. the export duty on gold was abolished -m the South. Island. It would app#»ur, therefore, that this quarter was by this arrangement in. creased to the extent of something, like/ £80iO0Oat"the expense of .the,Wo pre* - ceding quarters.. - - . -
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Bibliographic details
Feilding Star, Volume XIII, Issue 20, 15 August 1891, Page 2
Word Count
204Page 2 Advertisements Column 6 Feilding Star, Volume XIII, Issue 20, 15 August 1891, Page 2
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