MORE THANDOUBLED,
NEW ZEALAND IMPORTS, AT.AKM ENGENDHKIiDr (•Special Correspondent.) WELLINGTON, This Day. Official liguivs show that Now Zealand's imports for the nine months ended March .".I last; were valued at £5.'i,0;"5,655,. as against £24,580,257 for the nine months ended march 31, 1920. Commenting on these figures to-day a banking authority ?aid they could not be regarded as anything but alarming. Excessive imports were absorbing far more money than the Dominion could spare under present conditions and lie feared that if tliQ flpw of goods were not. cheeked some business, houses would find themaelvpa in a very serious position, He thought that the foil of prices would be bound to continue for some time yet, in view of the necessity that existed for turning the great ma>s of imported goods into cash.
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Bibliographic details
Northern Advocate, 25 April 1921, Page 5
Word Count
131MORE THANDOUBLED, Northern Advocate, 25 April 1921, Page 5
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