IMPROVEMENTS IN TRADE.

Press, Volume LXVII, Issue 20225, 1 May 1931, Page 10

IMPROVEMENTS IN TRADE.

-—— AMERICAN COMMISSIbNER OPTIMISTIC. GRADUAL UPWARD TREND.

• "The fact that the reports from England and the United States show an improvement in trade conditions is a hopeful sign for New Zealand —there is no doubt that they do indicate a very definite improvement, though it may be only a gradual one," said Mr Julian B. Foster, American Trade Commissioner to New Zealand, to a PbeßS reporter yesterday. "I receive regular reports from the United States,""" he continued, "and all the indications in them are for a gradual but steady improvement in business conditions. There has been and there probably will be no boom, but there is a sound and gratifying upward trend. Trade between the United States and New Zealand has of course fallen off in response to the prevailing general conditions, but there can be no doubt that as they lm P r °v® so it will pick up again." Mr Foster mentioned that there was once a flourishing tallow export from New Zealand to the United States, and that even now more than a million trounds worth of New Zealand tlB % ngs - wlll pick UP for you people after the winter," he concluded. Alter nil "your expprt season is oyer wo^.i y °+ a j e at *r e * ow limit of your yearly trade anyhow. Probably also the trade of the world us a wfiole is m much the same position. We are all waiting until after the winter, and the Repression seems iust to have reached its_ lowest point, and trade >S«\f-i |)aa S lng f?r a moment before oeginning to renre everywhere^"