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The fall in wool has not only meant a lower return to sellers, but has dissuaded large numbers of the growers from shipping their wool. The wool sales are not ydt finished, aud it is likely that next month’s figures will show some improvement. As to dairy produce,' the fall in prices has been balaned to some extent bj' an increased output, and there is a considerable surplus still in store which will probably be dispatched next month. On the whole the outlook thus analysed is by no means so depressing as the large adverse balance of trade might suggest. But it is evident that imports must be further reduced before we can regard the position of our external trade as economically and financially safe and sound. —“Auckland Star.”

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https://paperspast.natlib.govt.nz/newspapers/DOM19300401.2.172

Bibliographic details

Dominion, Volume 23, Issue 159, 1 April 1930, Page 17

Word Count
129

Untitled Dominion, Volume 23, Issue 159, 1 April 1930, Page 17

Untitled Dominion, Volume 23, Issue 159, 1 April 1930, Page 17

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