IMPORTS AND EXPORTS.

Dominion, Volume 4, Issue 1166, 29 June 1911, Page 6

IMPORTS AND EXPORTS.

' THE MONEY MARKET. "Figures (says tho current "Trade Review") give evidence of steady growth in our imports, while on the other hand our exports show a decided falling-oil'.; however, when the quarter's figures are published, we still expect to find a good balance on the right side of the ledger, it is hardly to be' expected ,that our exports will show an increase every year, and although the present sbason tails, some way short of the previous one, yet a very satisfactory total is attained. The chairman 'of tho Bank of New Zealand recently sounded a note of warning against over-importation, and it would appear from the figures available that importers should heed this, and keep a careful eye on their requirements when importing, although at present tho relations of imports to exports is very satisfactory ftiul gives no cause for i'ear. Money continues in good supply, and lending rates remaiibeasy. The Bank of Australasia has reduced its rate of interest on fixed deposits by 1 per cent., but this lend has not Ixicn followed bv other institutions. "Wo (continues the "Roviow") are now at the close of the June quarter, but the complete, returns will not be available for three or four weeks. From the bimonthly leaflets, however, we extract some particulars of our exports for the 21 months to the 15th inst. mil. 1910. Wool 1,195,531 1,237,1(10 Frozen moat 971),352 I,ISH,O:)| liutter <>2,392 2:11,228 Ch eoso 220,1,17 IlfMiH Gold 399,138 Mr,7% Skins and hides 229.152 32G.971 Tallow IS9.2GS 290.775 Kauri gum 81,5111 05,17,1 Hemp 52.911 115.2N7 Tow 5,357 9,-190 Grain 153.520 !»S,S-10 Timlier 5t,1)32 55,511 3,G53,59G '1,723,779 These figures show a serious declino in the exports of our principal products, which is shared in by tho majority of tho linos—gold, grain, and timber being the only exceptions. j