TRADE WITH JAPAN

Sun (Auckland), Volume IV, Issue 988, 3 June 1930, Page 10

TRADE WITH JAPAN

DIRECT CARGO LINE MAY BE BUILT UP DEMAND FOR N.Z. WOOL If there Is sufficient trade offering, the Osaka Shoscn Kaisha, a Japanese shipping line, will send up-to-date cargo boats to New Zealand. Mr. J Watanabs, representative of the company in Sydney, arrived in Auckland this morning by the llaunganui He will make a tour of

the Dominion, meeting merchants and exporters with a view to organising n direct shipping service between New Zealand and Japan. The Osaka Shosen Kaisha recently built three modern cargo boats with a speed of 1G knots These vessels call at Melbourne, Sydney and Brisbane periodically to lift cargo for Japanese ports. Mr. Watanabe said this morning that if there were, sufficient cargo from New Zealand these vessels could make periodical calls at New Zealand ports. ‘T think that trade between Japan and New Zealand could be increased.' he continued. “The prospects, to me. seem very good. We want large quantities of your wool. butter and casein as well as other products. In 1929 New Zealand exported more than £ 600,000 worth of goods to Japan. There was a growing demand in Japan for New Zealand wool. Mr. Watanabe said that no passengers would be carried on the cargo boats but later perhaps that business would be exploited.