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Taranaki Daily News, Volume LII, Issue 174, 27 August 1909, Page 2

CONTINUED EASE. "Such information as is available in reference to the imports anil exports of the Dominion since June 30th point in the direction of continued ease," says the current number of tile Trade Review, ill commenting upon the position in the money market. " The interim oll'ieial report for July of exports of the principal products shows an estimated excess over the same month of last year of ovor £370,000. Fairly heavy shipments of grain and pulse are still going forward, and the wool and dairy produce season both promise to be exceptionally good, and earlier than usual. There is every prospect, therefore, of the exports for the last half of 1009 being considerably heavier than those of last year. On tile other hand, the imports appear to be kept on a reduced scale, as is indicated by the particulars of exports for New Zealand from the United Kingdom to June 30. For the six mouths to that date there is, on tht> average, a falling-oil' of over 18 per cent. In recent years our trade statistics for the second half of the calendar year have shown an excess of imports over exports of between two and three millions, but with heavier exports and lighter imports we look for a much more satisfactory result by the end of MOD. Money is now in sufficient supply and readily available for all legitimate purposes, mortgage advances being obtainable at from o to (i per cent."