The Chronicle PUBLISHED DAILY. LEVIN. MONDAY, OCTOBER 4th, 1915 EXPORTS AND FLUCTUATIONS.

Horowhenua Chronicle, 4 October 1915, Page 2

The Chronicle PUBLISHED DAILY. LEVIN. MONDAY, OCTOBER 4th, 1915 EXPORTS AND FLUCTUATIONS.

A Government, return bearing dale ol • iOtJi July, gives some, astonishing indications ol the llucluation.s in monetary values ol New Zealand's principal exports this year, jii comparison with the monetary gains from like coinnuidftic* during 11)1-1. une of Lhu most striking instances i« Wial of pliorniinni u-iiax. Consequent upon low prices and frequent, fluctuations ol values in tin. , world markets lor tints commodity during I lie last two years, the export o! drcssdd llax I'rom -New Zeahuul iell J'roin lO.ii.'iO tons in nmo months ol 1911 (ended ;U.st .May) to 12,732 tons in (lie like period of l'Jl~). Tlie decrease in value amounted to C124,2()!J. In recent months, liowevcr, the London itiaj-ket lor dretsscd licnip hafc unproved con.siderably, and it is .satisfactory t(j note, thai practically all the flaxmills of llorowlieniia County are again working lull time and realizing a payaide percentage over cos( ol" production. Another astonishing decrease .V in cheese exports. in tlic last live months the prices for butter and choose have been so good tliat one learns with ■surprise that a lalling-away of £165,811 in value Avns recorded in cheese exporte for (he period to May, 1915. Butter showed a comparatively small increase (.C63.24/)). but the relative lore in these staple products amounted to o\w £100.000. The cessation of wheat oxportts caused a drop of £197,955 in our dominion export iignres, and the cxportß of lamb decreased by £229,598 in value. These were the. chief items of loss. On the other hand, exports of oats increased hy £182.446. liides £101.821. lieef carcases £782,995, mntton oarcafios £289,7ti0, and woo] Thus "Australasia's staple product" once more saved the situation, and in the aggregate our exports for the nine monffiis of 1915 showed at net gain of well over two millionfi pounds sterling. The actual h'gnres for September to May, 19M, were £17.833.947. For Septeinher to May, 1915. they were £W.T%7.7'tt. The actual increase thus amounted to £2.353,797.