N.Z. OVERSEA TRADE
ADVERSE TENDENCY
(By Telegraph —Per Press Association.'
WELLINGTON, March 25
Tlie overseas exports from New Zealand during February were valued at £5,624,836, or over two millions less than those for the corresponding period last year. The imports have an upward tendency, -with a total of £3,968,21-8, which sum exceeds that for February, 1929, by over two million. The balance therefore is in favour of the Dominion to the extent of £1,656,618 on the month’s oversea trade.
The exports for January and February this year totalled £12,002, 689 as against £16,506,014 for the corresponding months last year. This decrease is attributed largely to the prices of wool and the unusually large amount of wool in store. From Ist August, which may lie regarded as the beginning of the export season, the exnnrts for the seven months are less than those for the previous season by 026, while imports have increased by £1,657,808.
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Hokitika Guardian, 26 March 1930, Page 3
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154N.Z. OVERSEA TRADE Hokitika Guardian, 26 March 1930, Page 3
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