TRADE WITH AMERICA

Grey River Argus, 21 August 1934, Page 3

TRADE WITH AMERICA

MARKED INCREASE OF N.Z. EXPORTS. Some interesting changes are now showing in items of import and export between the United States and New Zealand. The Government Statistician nhows that for the five months ended May 30 last exports of New Zealand produce amounted in value to £499,700. and all exports to £520,116; while imports from (the United States were of the value of' £1,159,431 showing an ex cess over exports of £828.000. The position for the first five months of 1933 wasi exports to the United States £286,734, whereas these have increased this year by £233,382, or by 81-4 per cent. It has always to be remembered that some New Zealand produce exports finds its way into- the United States as re-exportj from Canada and the United Kingdom; but the trade now in review is direct, as between America and New Zealand. During the first five months of the 1933 period gold valued at £59,278 was exported to the United States, but none for the 1934 period. Eliminating this: item (says t'he Evening Post) last exports of merchandise were valued at £227.456, and rhe increase this year amounts to £292.660, or 128.7 per cent. The value of the principal items in the exports from New Zealand to the United States j'or the first five months were:—Sausage casings £186,980. pelts £134,839, wool in grease, slipe, and sheepskins, £126.280; rabbit skins £6263; hides and calf skins, £21,348; kauri gum. £5815; grass seed, £5731; butter, £2962; fertilisers. £2471; miscellaneous. £23,804; in all, £520,116. The imports from the United States for the period in review show reduc

tion in some items and increase in others For instance, an increase in the dutyi on (raisins and sultanas brought about a reduction on 1933 imports of £18.780 to £BBl2 for 1934; cigars and tobacco imports were reduced from £112,844 in the 1933 period to £99,589,; flour fell from £21,150 to £12,618; niotlor spirit from to £156,395; celluloid film increased from £49,552 to £53,851; motor vehicles and chassis increased from £BBl4 in Jan-uary-May. 1933. to £136,435 for the first five months of this year; and auto parts and tyres from £10,411 to £23,977. Sulphur imports used inalinly in the manufacture oP superphospliatic fertilisers rose from £30,904 for the 1933 period to £37,96'0 for that of

1934. Miscellaneous imports increased from £196.573 to £295,994. With regards to exports from New Zealand to the* United States it is important to remember that such must be pla'inl v marked “Produc e of New Zealand.” or “Produce of the Dominion of New Zealand.” Failure thus to mark the goods involves the imposition of 10 per cent, ad valorem additional duty and other expense. The country of origin must le plainly indicated