DOMINION TRADE.

Hokitika Guardian, 2 August 1924, Page 2

DOMINION TRADE.

SIX MONTHS’ RETURNS.

The Government Statistician reports that the total external trade of the Dominion for the six months ended .June 30th, 1921, amounted to 955,937,7(59, which is greater than for the eor-

responding period in nny previous year. Imports claimed £22,(544,403, and exports £33,293,300, a favourable balance of £10,(548,9(13 resulting. Exports showed an advance of £2,590,000 as cum pa red with the 1923 period, wool being the principal contributory to the increase.

The value of wool exported to the end of dune was .912.188,971, its against 98.453,911 in the first six months of 1923, the increase being due, however, not so much to the greater quantity exported as to the record prices obtained this year. Substantial increases are also evident in sheepskins and rabhilskins. A falling-off occurred in the export of the following commodities:—Hotter, 9900,000; cheese, 9100.000; frozen beef, 9170,000; and preserved milk. 9100,000. DOMINION I.MPOIITS.

Imports of (.'22,01-1,403 compare fa* vourably with the 1923 figure of £21,190,732. The importation of motorveil ides continues at an increased rate, the figures for the six months ended June, 1924, being £1,705,511, ns against £1,007,828 in the corresponding portion of 1923, and £1,282,123 in the first half of the record year of 1920.

\t the rate motor-cars arc at prosent coinin'; into the country tlio yearly total for 102.1 should easily eclipse the record of 1920. About 00 per cent of the cars are of Canadian origin, the greater part of the balaitcc coniine front the United States. Other increases of importance during tlie six-monthly period were electrical machinery, CoOO.OOO; wheat, 1 100,000; and coal, 1*300,000. On the other hand, cotton ami woollen piototioods showed a drop of 0200,000 in each case.

TRADE AVI Til GERMANY. The result of* the removal of the embargo on the importation of German goods as from September Ist last is seen in the increased trade with Germany, particularly as regards exports. During the incidence of the embargo the greatest imports of goods of German origin in anv one year amounted to 9(58,915, while exports reached a maximum of 9218,338. For the first six months of 1921 exports obtained the pre-war dimensions of 91,077,153. while imports of 990,193. although still on a low level, were greater than during any whole year since the imposition of the embargo. A YEARLY BALANCE.

For twelve months ended dune 30th, the trade figures are as follows: — 12 Mont Its £ Exports 15,T15,82(> Imports ;.. -14.832.104 Balance in favour of Dominion .1,(513,003 . Of the total exports for the past six months. £33.500.99.1, the United Kingdom took 92(5,731,7(51, and imports thence were £11,012,9(53; U'dted States purchased (exports) £1,812,(581, and sold (imports) valued at £3,(574.(513. Germany took £1,077,153 of New Zealand products in exchange for 990,193 of her exports to this country. France, Italy, Netherlands, Japan, and Pacific Islands all took more goods from New Zealand in money value than they sold in exchange.