DOMINION'S TRADE AND COMMERCE.

Wairarapa Age, Volume XXXI, Issue 3012, 8 October 1908, Page 4

DOMINION'S TRADE AND COMMERCE.

Reviewing the past year from- a; trade standpoint, the Minister im Charge of the Industries and Com-' raerce Department states that taking/ the external financial conditions ■ £u))y into consideration he could congratulate the Dominion on. the , stability of its trade and commerce.. The financial crash in the United States had consider able influence on; the prices realised for much of the.Dominion's produce marketed in London, the United States ami Canada; wool and hemp being chiefijv concerned. The disorganisation ofi the money-market in the United. States and Canada having led, to the* 1 closing of many andi

1 cordage-factories, the demand foiv : this country's wool an i hemp was greatly affected. Coupled with this,, the unusual dryness of lasti summer greatly reduced the quantity ofi butter and cheese which would otherwise have been available for export,, and had a similar effect, although in a., slighter degree, on the wooliclip. Notwithstanding these ri2'awbacks., the trade of tne country has beeni comparatively well maintained,, due in a large measure to the increase ins variety of our products and, manutfactures, and to the widening; sphere of our commercial connecti jns».