IMPORTED CARS

Hokitika Guardian, 5 September 1928, Page 3

IMPORTED CARS

INCREASED TRADE WITH U.S. ■ WELLINGTON, Sept. 3. All- Julian B. Foster, United State Trade Commissioner in New Zealand takes a bright view of the immediate future of New Zealand trade, and especially of the motor vehicle section. After touching on the export trade in New Zealand products to the United States, Air' Foster expressed satisfaction with the way the marketing of New Zealand goods in the States was progressing. In America, contraiy to the experience of oilier Presidential election years, trade was bright and active. Generally there is a slump. “It is not so to-day,” remarked tlic Commissioner. “Authoritative reports of tlie motor vehicle industry in the States all show that a very healthy condition of trade is assured, and a record era of production is confidently looked for. The output is likely to exceed 4,000,000 units this year. Everywhere in the business and manufacturing circles there is a sense or stability. Steel production is good, transportation is paying and a suivej recently made liv that eminent economist, Isaac Alarcosson, revealed a spirit cf optimism throughout the biisiness world in ’general in America.” Dealing with the tremendous increase in meat exports to the United States and the possibilities of expansion, Air Foster said there were unusually large shipments of American motor-cars on the water for New Zealand. “There is going to be a heavy increase,” lie said, “in motor-car sales in New Zealand in October. Dealers will probably have the best year lietween October and April next that they have had since 1925. According to reports received at this office, the fused car’ problem will oifer no real barrier to the trade for these cars, T am advised, are pretty well all sold out. The second-hand motor-car trade situation in New Zealand is now better than it has boon for many months past. Imports of cars from America will certainly be heavy this season, that is during the ensuing four months. Locally economic conditions, from reports received by this office, appeal to be better than they have been for the past thro© years.” Mr Foster, who recently returned from a visit to Auckland, said lie would be a member of the party organising the Chamber of Commerce train tour through the North Island, and stopping at all the principal towns on route. He will be returning to the United States early in .March for a visit of five to six months' duration. While lie is in America it is Ins intention to address Chambers of Commerce, Boards'of Trade and other representative business associations and hs subjects would relate entirely to New Zealand, “presenting, I hope (lie said) a true picture of this Dominic, and its wonderful development.”