COMMERCIAL

Evening Star, Issue 23861, 16 April 1941, Page 12

COMMERCIAL

EXPORTS AND IMPORTS DECREASES RECORDED Decreases iu exports .and import* during February avo recorded m tbo the latest Ab- - gLract of Statistics. _ , . Id spite of a good farm producuonjeason. with heavier meat and dan y pi eduction, exports ■ totalled £5,959,725, ■ a-1 m l n ea °° of £811,552 on January and £2,154,910 on February,, 1940, when, however the figure wld unusually high. During the first two months of this year exports .were valued at £12,751,002, or £1,703,934 lower than in 1940. ■ • Imports' in February were on a very low scale, valued at £1,961,187, less than in any month since June, 1934. January’ imports were valued at £0,083,856, and in February, 1940, at £3,346,731. The abstract notes changes on 1940 exports as follows, last year’s figures I > W “S •given- in parentheses.:—Butter, £3,006,807 (£3,565,922); cheese, 751) - . frozen beef, £294,100 (£131,640); frozen lamb, £1,457,967 (£2,710,420); frozen mutton, £40,454 (£261,685); frozen pork, £281,782 (£352,124); woolly sheepskins, £48,187 (£171,729); sheepskins without wool, £267,757 (£157,569); ‘ wool, £4,173,030 (£4,026,237).. ~ . .. Although external trade has declined, the average weekly value of. hank debits during , February'showed a slight rise, and the fall in imports is reflected in a sharp rise in ■ overseas sterling funds, the amount of £30,814,374 held at February 24, being the ' highest since August, 1937. MINING NEWS GILLESPIE’S BEACH. .For the two weeks'ended April 12 the secretaries of the Gilliespie’s Beach .Gold Dredging Company report a return of 21oz lOdwt for 234 hours’ working, during which :.28',784. yards of material were shifted. mortgages and land”transfers FEBRUARY FIGURES According, to the Abstract, of Stathtics nldrtgages registered during February were 1,509 in number, the amount involved. being. £996,834. This represents a Substantial decrease as compared.with February, 1840, tho aggregate value in that month being £1,225,963. For the first two months of 1941 2,550 mortgages of a total value of £1,731,713 were registered. The number in the' corresponding period of 1940 was the same, but the amount involved was greater to. the extent of £154,958.. Land transfer registrations in February numbered 2,197 for a total' monetary consideration of £1,693,164, as compared with 2,119 in number and £1,530.075 in consideration, in February. 1940. Land transfer figures for the first two months of 1941 show an increase of 259 (7.6 per cent.) in number and £428,428 (16.5 per cent;)'- in' consideration as compared with a similar period of 1940. -■■■ ; - ; PROPERTY SALE The bungalow, built on a large section, at 37 Alexandra street, Abbotsford, and formerly belonging to Mr J. D. Brown, changed hands di auction yesterday for £I,OOO, The transaction, which was on a cash basis, wits handled by Messrs R. si. McKenzie Ltd.