AN IMPROVEMENT
ECONOMIC POSITION IN N.Z. (Per Press Association, Copyright). CHRISTCHURCH, July 7. That there has been a very real improvement in economic position of New Zealand in the last four years, was maintained by the Hon. R. Masters, Minister of Industries and Commerce. The total production of New Zealand had fallen in value from 127 millions in 1920 to £84,000,000 in 1031..
Wool had fallen in value by 60 per cent., butter by 33 per cent., lamb 27 per cent.., and mutton by 23 per cent. The total value of New Zealand’s exports had fallen from £56,000,000 to £35,000,000. Imports had fallen by 50 per cent. Now the value of exports had risen from £34,000,000 . in 1931-32 to £45.000,000 in 1934-35. Imports lino risen from £25,000,000 to £32,000,00ti. The increase on imports was most significant. National finances were once more in a sound position, and unemployment, though still serious/' was steadily decreasing.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HOG19350709.2.38
Bibliographic details
Hokitika Guardian, 9 July 1935, Page 5
Word Count
153AN IMPROVEMENT Hokitika Guardian, 9 July 1935, Page 5
Using This Item
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.