TRADE RETURNS

Hokitika Guardian, 19 October 1929, Page 6

TRADE RETURNS

MARKED INCREASE IN IMPORTS. '"By Telegraph—Per Press Association.) WELLINGTON, October 18. While the, oxpoyt figures remain fairly steady, an outstanding feature of the oversea trade (returns, supplied to-day by the Customs Department, is the marked increase in imports, which totalled over £5,000,000 last month, and for the nine months ended September are over £3,300,000 more than for the corresponding period of last year.

The September imports are higher than for six or seven years. The figures for September, 1929, are as follows, with those for 1928 in parentheses Exports £2.582,543 (£2,592,533), imports £5,082,319 (£4,147;,742), excess imports £2,499,776 (£1,555,209). Exports thus deceased by £9990, and imports increased by £934,577. A comparison of the figures for the nine months up to September.' 30th. with the corresponding period in 1928, shows a decline of only £14.148 in exports, but an increase of £3,312,919 in imports.

GOLD EXPORTED TO LONDON. Consigned to the Bank of England are twenty-five boxes of gold coin to the value of £125,000, which have been shipped by the Bank of New Zealand for London. This lie-presents the balance of the original shipment of a hundred boxes of sovereigns and ‘half sovereigns to a total value of £500,000, which was to have boen sent to London last month hut the ship’s strong room was not large enough.