NEW ZEALAND TRADE.

Taranaki Daily News, Volume LII, Issue 29, 27 February 1909, Page 2

NEW ZEALAND TRADE.

A COMMERCIAL SURVEY. - The Wellington Chamber of Commerce annual report, shows that IoVTeS recent years the export trade ot New Zealand has exhibited a substantUl £ pansior, from year to year, partly as the outcome of advancing pr eea for our principal products and partly as the re' suit of an increased output of certain ommodit.cs. Unfortunately, however l £?. ,<!ar J ! SI condu <l«l stands out in this respect as a period of shrinkage and falling-off, caused partly by decline IS, v "T a rf l» rt 'J- by diminution'„ the output of some of our more import ant products. The declared value of the^epSS' terns of our exports compares « s fallows mh t Se°pt V Sr: P l r,odS """»» "* «» 1007-8. 1900-7. 001 ■■ 3,710*927 7,429,727 lrozen Meat ... 3.052,302 ,1,4401tT Rater and Cheese 1,911,4011 22->o34i , 1 " 1 , (W 403,823 SOO^O \)' nn ' ( 'l"» 400,078 57(i7->-» 3* 400,019 804,280 Oram, whole and

nn SfOiiml U8.554 79097 OtlierN./,.Produpc 1.097,705 1,239,021

Total N.Z. Produce 10,118,221 19,087 573 Imports 252,300 204 273 % cle 13,580 02 40(1

• T" tal , * 10,384,173 £19,984,272 f L, sllol 'togc is sonic 18 per cent , there are unimportant increases in the values of timber, gain, and re-exports, but a heavy falling-oil' is shown' in every line of this tabic. On wool (including sheepskins) the decrease is very nearly £2,000,000; on 'frozen meat, £397,0000n on dairy produce, £313.000; tallow, over 19(1,000; s old, nearly £16,000; kauri puin, £170,000; hemp, £404,000 Tho total shows a net fallingofT of £3,000,000, of which wool accounts for more than one-half. With regard to wool, the report shows that the weight is practically equal to that of 1000-7, the difference being inI appreciable, and the heavy falling-off is ' therefore wholly the result of reduced prices. In fact, it is generally recOg- | 'used that the true shortage is even more than these figures disclose, as in many ports the valuations put upon the wool at time of shipment were in excess of the actual realisations. There is shown to be a total excess of imports for the past year of £1,380.281 over exports, whereas exports exceeded imports in the three previous years bv from £3,000,000 to £4,000,000.