CLOUDS DISPERSING
. *' ■ ■ <;*: Optimism regarding New. Zealand's \. trado outlook was expressed' by the f' Prime Minister (the Eight .Hon. J. G. I'; Coates) in his speech at the Town Hall j last night. .■:'.: / ■ . ; There had been a wonderful recovery, ■'■ in New Zealand's trading- < rposi- J tion, said Mr. Coates! For the :'. financial year ended 31st MarcU < last the exports were £54,962,« V: 031, or over £9,250,000 more than tha '"; previous j7oar, and the imports wei'Q : i £4.4,410,357, or a decrease of over; .^ £.3,750,000. In other words, the trade balance improved by over £13,000,000. * Classifying the couutry's export trade, ' £47,226,000 went'to British countries j; and £ 7,735,000 to foreign, as against . * £40,137,000 and £5,545,000 respective* • \\ ly in" the preceding year. "I have naj hesitation in saying," said Mr. Coates, * "that the outlook for the country is '; bright. The clouds are dispersing, anil'- ' there is no room for pessimism." , ;
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19280615.2.15
Bibliographic details
Evening Post, Volume CV, Issue 140, 15 June 1928, Page 3
Word Count
145CLOUDS DISPERSING Evening Post, Volume CV, Issue 140, 15 June 1928, Page 3
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in