The Chronicle LEVIN. SATURDAY, FEBRUARY 5, 1916. NEW ZEALAND'S FAT YEARS.

Horowhenua Chronicle, 5 February 1916, Page 2

The Chronicle LEVIN. SATURDAY, FEBRUARY 5, 1916. NEW ZEALAND'S FAT YEARS.

lu one of our issues lust "week we analVmhl to collie extent the exports made from New Zealand 111 1915, ami showed that these constituted a "beat on record'' result. i'roui u'n analysis oi the exports scut to us this week by the Government Statistician (Mr Alalfolni l.< uiserj we note tlia.t tJie increase ■amounts to about 35 per cent over the figures for 1913, anil an increase ol c nearly 21 per cent over the records >1 1911, .which was 1/ne lattest year in our I history until the 191-j period ekupsed. The Government statistician's remarks ai-o as follow :—This present issue of the monthly abstract contains the totals ol the external trade lor .New Zealanu for the year 101 o and the figure for exports is worthy of special note. The total for 1914 was 11 i per cent above that tor 1913, which itseii was a record, and the total value or expoi-ts in 19; . is 20.90 per cent ahead oi 1914. The absolute increase amounts to £5,48 405—from £20,261,447 to the extraordinary total of £31,718,912, equivalent to approximately ,L 27 0s 5d (provisional figures) per head of population, by far the highest export trade in the world. Part of the increase is due to the shipment of gold to the United States on account of the Imperial Government; exports of gold in 1915 amounting to £1,094.553, a& against £895j3G7 in the previous year, and £1,459,499 in 1913. Of this amount £1,181,834 was shipped to the United States. Cut most of the increase is pairtiouLaiiy n bountjy on exports, owing to t/he higher prices ruling. Of the principal exports meat shows a great increase in the quantity; but wooi, butter and cheese show " quantities. The effects ot rising prices Hie set forth in the table following, where it will be seen that l'or eignt items alone, including gold—the price for which does not change—the rise in prices .since 1914 was equivalent to a bounty of over £ 1 .UUO.OOO. The balance of trade, too, is worthy of note. The greatest excess of exports over inioprts previously recorded waa in 1910 £5,128,020; but in 1915, owing to tfie huge increase of exports a slight .'ecrea.se of imports (from £21,850,090 .o £2.1,728,834), the balance of trade amounts tjo £10,020,078, practically otic third of the total exports for the for the year.