IMPROVED CONDITIONS

Evening Post, Volume CXXIII, Issue 103, 3 May 1937, Page 11

IMPROVED CONDITIONS

FIGURES, QUOTED

Exports and imports

(By Telfigrnph.— I'ivss Association.)

HAMILTON, This Day.

Figures demonstrating the improved financial conditions prevailing in New .Zealand were quoted by the Minister of Agriculture (the Hon. W. Lee Martin) when speaking at Pukekapia a) a .school opening. ■ .

Exports for the first two months of the current year were £3,421,000 inexcess of those for tha same period of 1930 and £5,242,000 above the figures for 1935. Imports for the same two months were £1.794,000 higher than for the corresponding months of 1936 and £2,722,000 higher than for the corresponding months of 1935. -Exports of merchandise during February last were valued at £8,730,755, one of the highest monthly totals recorded since February, 1929. , ..-.■.'..

Customs .figures showed, a marked increase, said Mr.. Martin, while the average weekly value of bank* debits to ' .individual customers' -trading accounts . during February was £22,015,860, the highest average recorded for any individual month since statistics . became available in April, 1928. In December, 1936, the average net note circulation reached the highest point ever-touched in the history of the Dominion. Bank deposits also reached an exceptionally high level during February, the, average amount of deposit being £67,930,728, the highest monthly average since April, 1928.