DOMINION TRADE.

Hokitika Guardian, 21 August 1925, Page 2

DOMINION TRADE.

3V Tl-XlvCn.Vl’lI — I’ItKSS ASSN., COPYRIGHT.- * AITKI.AM), August 20. The latest trade figures, as showing the remarkable fertility of New Zealand and the industry of its people, were quoted by the Mon. (!. .1. Anderson, Acting .Minister for Industries and Commerce, in his address at the opening ceremony of the Auckland Winter Exhibition to-day. lie gave the following trade figures for the iirst 7 months of this year (the figures for the corresponding period of last year being given in parentheses):— Total exports, £30,475,825 (£30,363,073); total imports, £20,341,324 (£27,002,003) ; excess of exports £11,131,501 (£0,501.070). It would thus he seen, said Mr Anderson. that both the exports and imports this year had increased as compared with the figures for the corresponding period ot last year, hut that this year there was a better trade balance in favour of New Zealand. I’or the year ended July 31, 192.'), the exports totalled in value £56,725,10.3, against £48,005,551 for the year ended 31st July, 1921. The imports amounted to £51,000,921, against £45.532.484. The excess of exports tor the year iusl closed was £5,058,539, compared with an excess of £3,073,007 for the corresponding period ot last year. The Minister said that the increased export for the first seven months of this rear were mainly due to the increased value of the wool exported which showed an increase ol £2,773,000 over {he figures for the first seven mouths of 1921: and of frozen meat, which showed an increase of £1,082,097. sheepskins showed tin increase of £ 193.215. The volume of butter exported had increased slightly, hut tho value lmd decreased ; while cheese exports had declined both in quantity and in value. The main lines of imports showing great lv increased value were: Motor vehieles and accessories, which gavo an increase of £831,438, and apparel, drapery and textiles, which had increased by £45,000. The value of imports of timber, manures, sheet iron and tea had also greatly increased. “The Motherland takes the hulk of our exports.” concluded the Minister. Me stated that during the first seven months of the year the United Kingdom had taken 80 per cent of the exports. valued at £32,309.228, while New Zealand took 49 per cent of her imports from Uritain. Australia took four per cent of the Dominion’s exports, and the United States eight per - cent. From Australian came 10 per cent, of our imports, and from tho ' w United States 15 per cent., largely motor ears.