The Feilding Star, Oroua & Kiwitea Counties Gazette. Published Daily. TUESDAY, MARCH 19, 1895. AVENUES OF TRADE.

Feilding Star, Volume XVI, Issue 221, 19 March 1895, Page 2

The Feilding Star, Oroua & Kiwitea Counties Gazette. Published Daily. TUESDAY, MARCH 19, 1895. AVENUES OF TRADE.

A writer in the Lyttelton Times informs us that there already exists in Russia a demand for Australian red gum for street paving, and there is thus a possibility of an export trade from Melbourne to Eussia being established, and of return freights being easily found for the ships that are to bring Russian products to Australia. Another trade development that is likely to take place in the near future is the opening of new markets for wool in India, China, and Japan. It appears that some years ago an attempt was made in this direction when the pastoral industry was in a languishing condition, but the rise in wool which occurred in 1885 killed the interest in the movement by making the producers content with present gaino, and indifferent or lethargic in their attitude in regard to a movement which then only seemed to aim at providing for a necessity which might aj'isQ in the future. In view of the present condition of the wool trade, Mr E. N. Synnot, of Mel bourne, considers that attention ought to be paid to the prospects of the trade with the East. He now, therefore, asks the aid of the New South Wales Government in paving the way for Australian private enterprise to introduce and develop a trade in wool witk China and Japan, No financial aid is desired, but simply that the Government should officially approach the ruling powers in these countries in order to obtain publicity and entry to the markets. In such a movement we hope New Zealand will not be found lagging behind. Cheap woollen goods ought to bs largely in demand in China and Japan, and even in tropical India the lighter woollen goods might be preferred to cotton on hygienic grounds. The rapid extension of manufacture in these countries of late years must have created an enormous demand for raw material, and our wool-growers ought not to neglect such promising markets for their surplus stock. It is a singular fact that juat as these new openings for wool present themselves, the same rise in prices which caused them to be neglected in 1885 should occur in 1895, as shown in our cablegrams of to-day.