TRADE WITH U.S.

Press, Volume XLIV, Issue 19400, 28 August 1928, Page 8

TRADE WITH U.S.

ASSISTANT COMMISSIONER ARRIVES. [THE PBSSB Special Service.] WELLINGTON, August 27. As further evidence of the interest taken by the United States Government in trade relations with New Zealand j an addition has been made to the staff ; of the American Trade Commissioner (Mr Julian B. Foster) in the person of Mr Charles F. Kunkel, Assistant Trade Commissioner. He arrived from San Francisco to-day to take up has post Ho was met by the Commissioner, with whom he will collaborate, and on landing was assured of a friendly reception in New Zealand. _ Mr Kunkel, who was born m the btate of Pennsylvania, is a young man, six feet in his stockings, and keenly enthusiastic in tennis, fishing, and other outdoor sports. He is a graduate of Georgetown University, Washington, D.C. His practical experience of commerce was largely in the steel industry and motor vehicle manufacture and trade. He has been attached for some years to his Department of Commerce as an expert on oceanic trade. He said: "Mr Hoover, who is the Bepublican candidate for the Presidency of the United States, is Commercial Secretary of State, and Dr. Julius Kleuj is Director of the Bureau of Foreign and Domestic Commerce. Both are im pressed with the growing importance ot New Zealand as a commercial centre in the Pacific and are enlarging the office of the Trade Commissioner in this Dominion. It is to be my ( luty and privilege, in collaboration with the Commissioner, to assist business from New Zealand who are going to the United States on business in getting into touch with the most desirable of American commercial interests; also to assist New Zealand importing houses to establish mutually satisfactory relations with American manufacturers. In accordance with the instructions of the Bureau of Foreign and Domestic Com merce, it is the desire of the American Trade Commissioner i& New Zealand help producers in this Dommontoincrease their exports to the United States of commodities that do not come into .conflict with the products of- the United States." MANCHESTER SHIP "■ ■ : CANAL. NOW PAYING DIVIDENDS. | . [THE PBBBB Special Service.] AUCKLAND' August 27. At one time a, proposition its shareholders money, the Manc ° es tor Ship Canal is now pay in g &7® Sit?, on. ordinary and preference J. West,, a director oM** canal, who was a passenger ney 'by the Niagara, said an increase in traffic had been resppnsible for jho increasing success of the canal. To-day Manchester was the; third or fo port in England, running a very .close race with Hull for , third position. Special lines of steamers were now runmngfrom Manchester to the ports of Europe, ■ the United States, ind Canada. . Cargo steamers laden with New' Zealand ptfduoe, frequently used the channel. In the year _ 1926-27 6,600,000 tons of goods were .handled, Mr West explaining that the Manchester authorities assessed the business ot the port on the tonnage of, the cargo rather than'on the tonnage of the ships. The revenue for the period was £1,500,000, while the company controlling the : canal had a paid up capital of £19,500.000. ■ - _ Discussing the canal itself, Mr West said its length was 35 miles, while its depth ranged from 28 feet to 35 feet, ft was 120 feet wide, and: was capable of handling .the largest cargo boats m the ! world. . The docks were equipped with 300 cranes, while the canal catered for 4,000,000 people within a radius of 25 miles of the- city and 10,000,000 'people within a radius of ,50 miles. : ACCOUNTANTS. ANNUAL MEETING OF SOCIETY.

(raiss association raraoaiit.)" "'.. AUCKLAND, August 27. . The annual meeting of the New Zealand Society of Accountants was held-to-day. - ■ • The report stated that the membership stood at 1820. The Society had decided to provide for tiie. passing of the matriculation examination as entrance to the Society after 1931. The accountants' preliminary. examination had undoubtedly served its purpose, as it enabled.many persons who oy reason of war service and other causes were unable to take the full matriculation course to sit for the professional course. The necessity for the lesser examination had now disappeared, and it had become necessary to bring the standard of examinations to the very highest pbint. ■•■'•.•■ • The election of Council members resulted'as follows i— -Messrs • A. : M." Sea-; men {Auckland); Wi'H. Irvine (Poverty Bay), Hugh Baily (Taranaki), T. Anton (Wellington), W. E. Best (Canterbury), and James Hogg (Otago). The only contested district was Wellington, from the representation of which Mr C. M.Bowden retired owing to his transfer from Wellington. , DAIRY PRODUCE. • The New Zealand Dairy Produce Board has received the. following' market report from'its London office,:dated August 24th, 1928: ' ' . . BUTTER. ' New Zealand—Batted 180s to 184s np to 186s (last week, 182s to 186s); unsalted, 184s to 190s (186s to 190s). Deliveries New Zealand this week,-900 tons; in store this week, 5800-. tons. '•■ Australian —Finest salted, 166s to 172 a up to 174b (168s to 1745); unsalted, 180s to 182s (174s to 184s). , ' ' , ,„. Argentine—Finest unsalted, 168s •to 174s (170s to 1765). Irish Creamery—Salted, 176s (176s to 178s); unsalted, 180s (180s to 182s). Danish—lßßs to 190s spot, 179s to 180s f.0.bl (190s to 1925, 184s). "' ■ Dutch Creamery—Unsalted, 184s to 186s (178s to 182s): Esthonian—Salted. 172s to 174s (172s to 1745); unsalted, 174s to 170s (174s to 1765). . > Latvian—Salted, 170s to 172s (170s). Siberian —156s to 158s, exceptional 160s (158s to 160s). Ukranian—l64s to 168s-(166s to 168s). Polish —Salted, 145s to 158s (146s to 158s); unsalted. 150s to 1625. '. -Lithuanian— 158s to 164s (158 a to 1645). - French Baskets—Salted, 146s to 170s '( ls6s to 1725). 'Market slow. Retail prices unchanged. ; , >: -; V.. - CHEESE. ■ ,' 3?ew Zealand —White, 112s to 113s (last : week,'ills to 112s); coloured. HOs to Ills : upv'to. 112s (Ills to 112s). Deliveries New Zealand this week, 15,550 'crates; in store i this.week," 64,000 crates. ' .'; Canadian —White and coloured, 110s to ' iliSs (110s to 112s), 109s ci.f. (106s). ' > -' Australian—White, 110s; coloured, 109s to 110s- (108s to Ills). Market quiet. Retail, prices unchanged. English—Finest fanners, 128s to ,132s ; .(128s to ISQs)., ! 'The Board has also received advice from its- «>ents in Canada as follows: —Butter: New York, 471 cents (Is lljd); Montreal, I 3Sid cents (la -78 d).