CANADA’S HUGE TRADE

Sun (Auckland), Volume III, Issue 624, 28 March 1929, Page 12

CANADA’S HUGE TRADE

£54,000,000 INCREASE (Australian and N.Z. Press Association) OTTAWA, Tuesday. The final official figures give £512,100,000 as the value of the total trade of Canada in 1928. This shows an increase of £54,100,000 over that of 1927. which is greater in itself than Canada's total trade 30 years ago. Only in 191 < and 1920 was this total exceeded. The imports, amounting in value to £250,000,000, were greater than in any previous calendar year except in 1920. In view of T he great deflation in the prices of some commodities since the record period, this is regarded by Government statisticians as a truly remarkable achievement, reflecting the great expansion of Canadian production and the growth of the foreign markets for her varied products.

TREATY WITH AUSTRALIA

CONFERENCE TO BE HELD (Australian and N.Z. Press Association) VANCOUVER, Tuesday. Arrangements for a round-table conference on the Australian trade treaty early in April were completed to-day by Major E. J. Ney. between the National Council of Education, and the executive of the Vancouver Board of Trade. Prominent Australian and New Zealand business men who are coming to the National Council on Education will be asked to address the board on the same day, for the purpose of having an interchange of suggestions and recommendations looking to a better development of trade facilities, and a better understanding of tlm products of the two sections of the I lioire. A message from Guelph. Ontario, says Mr. Hugh Guthrie, the former Conservative leader, addressing a political gathering, said the reason why the Australian treaty was not discontinued was that the G6vernment was under the control of the newsprint manufacturers of British Columbia, who were benefiting through the treaty.

HIDE MARKET FIRMER

WELLINGTON MARKET WELLINGTON, Wednesday. A sale of hides, skins and tallow was held at Wellington to-day. There was the usual attendance of buyers. Following was the range of prices:— Dry Sheepskins.—Good, competition at Id to id decline; halfbred, 13 Jd to lod; fine crossbred, 123 d to 15d; medium crossbred, Sid to 14d; coarse crossbred, 8d U2d: pelts, Sid to ll*d. Salted Skins. —Sold at last sale rates. Pelts, 4s to 4s 4d; quarter-wools, 4s to 6s 7d; half-wools, 5s to 7s lid; lambs, 3s to 6s 9d. Hides.—As compared with prices current at last auctions here light and medium-weight hides showed an advance of 1-Sd to 3-Sd. Kip and yearling remained on a par, with calf showing an advance of id to Id. Heavies were to rd lower. Ox: 331 b to 441 b, Sd to Sid; 451 b to 521 b,. 7id to Did: 531 b to 591 b, Sd to lOd; 601 bto 691 b, 8d to 10id; 701 b and over, lOd to 10 l-Bd. Cow: 331 b to 391 b, 71d to 8 3-8 d; 401 b to 481 b. 6 3-Sd to 8 3-Sd; 491 b and over, 6 l-8d to Sd. Kip: 251 b to 321 b, 7id to 6£d to 9d. Yearling: 111 b to 161 b, lOd. Calf: 91b to 101 b, none offering; 61b to 81b, lid to 16 3-Sd; lib to 51b, to 163 d. Tallow. —Slightly in sellers’ favour. In casks made 27s to 31s; in tins, etc., 19s 6d to 295. Sundries. —Cow tails, 20d. Horsehair: lod to 183 d.