OVERSEAS MARKETS.

Manawatu Herald, Volume XL, Issue 1865, 17 August 1918, Page 3

OVERSEAS MARKETS.

NECESSITY FOR DEVELOPMENT. Several suggestions for the development of overseas markets for New Zealand products were made by Mi 1 John Holmes, formerly special trade commissioner for New Zealand in England, in an address before the General Committee of the Auckland Provincial Industrial Association on Thursday. Mr Holmes said that as the result of the investigation of foreign markets in 1807, when the export of New Zealand flax had fallen to an alarming degree, and the price had dropped .Cl2 a ton, the amount of llax shipped increased in two years from 18(10 tons to 30,000 tons per year, and the .price advanced from £lO to £3O per ton. fle also instanced the growth of the foreign meat industry as the result of the creation of,markets, and stated that while prior to the establishment of the freezing industry sheep carcases were often sold at sixpence per head, growers were now receiving £2 per head, and the annual export was approximately seven million carcases. He expressed the opinion that New Zealand producers should endeavour to meet the requirements of overseas buyers with a view to the development oi industries other than those now established on a sound basis.. To that end he suggested an interchange of ideas between Australia and New Zealand by means of conferences of industrial associations.