TRADE WITH CANADA.

New Zealand Herald, Volume LXVII, Issue 20621, 21 July 1930, Page 5

TRADE WITH CANADA.

THE INTER-EMPIRE TREND*

NEW ZEALAND'S POSITION.

IMPORTS AND EXPORTS."

[FROII Ol'lt OWN COEHESiPOSDEXT.] VANCOUVER, June 25.

Three Empire countries and three foreign countries improved their position in an outstanding mannor in their trade relations with Canada during the fiscal year ended March 31. The three members of the Empiro are Now Zealand, Newfoundland and the West Indies. . Th© three foreign countries are Japan. Belgium and Argentina. In each case., thfv rank among tho first five in exports or imports. A brief review of tho changing direction of Canada' 9 trade is. interesting, as, according to results in tho March quarter of 1930, it will chango litili moro in the Empiro trend by the tirno the trade of the Empire undergoes searching inves* tigation at the Imperial Conference in October next.

Now Zealand attracts special attention among Empire countries trading with Canada. In the 1928-1929 fiscal year she ranked second as a source of imports, and advanced to second position as a market for Canadian goods. Newfoundland, which came sixth in tliab year, has risen to fourth place, while tho West Indies moves up from /seventh to fourth place. Among foreign countries, Japan advanced from fourth position last year to second in the current year, Belgium moved up from fifth to fourth, and Argentina advanced from ninth to among tho first five.

Among Empire countries: the United Kingdom, as usual, held first place on both imports and exports. New Zealand, this year, came second in both fields, but third place was divided between India in imports and Australia for exports. West Indies and Newfoundland ranked fourth in imports and exports, respectively, whil« Barbadoes occupied fifth position as a source of imports and South Africa held the samo rank as a market for Canadian produce. Among foreign countries United States came first, as usual, in both imports qnrl exports. France was second as a source of imports, but Japan was second as ;» purchaser of Canadian goods. Third in both imports and exports was Germany, taking Holland's place in the latter owing to a large drop in wheat ehipmcnts. Again, in both imports and exports, Belgium came fourth this year, while fifth position for imports was occupied by Japan and for exports by the Argentine. United States supplied Canada for the fiscal year 1929-30 with goods valued at £169,000,000, with United Kingdom second at £37,800,000. Next in order were France, £5.030.000; German v. £4,100,000; New Zealand, £3,250,000. As a market for Canadian produce, United States was again first and United Kingdom second, but the ratio between these two countries was by no means so great in exports as in imports.

Exports to the United States in the latest fiscal year wero valued at £105,000,000. while those to United Kingdom were £56,400,000. Next came Japan. £6,100,000; Germany, £5,070.000; Argentina, £3,840,000. The Ekmpire market after United Kingdom, was New Zealand, which, -with purchases of £3,830,000, ran Argentina close for fifth position among countries of the world.

SHIPMENTS OF MEAT. 1 FIGURES FOR JUNE. Tlie Xew Zealand Meat Prodoisscs* Board is advised by cablegram from it* London office that the shipments from Australia and South America to the United Kingdom during the month of June were as follows:

Australia. —Mutton carcases, 20,565; lamb carcases, 92,067; beef quarters, 109,279. South America: Mutton carcases, 263,278; lamb carcases,, 474,460; beef quarters (frozen), 2877; chilled, 469,746. Included in the South American figures are 208,288 carcases lamb and 199,496*. cat - cases mutton shipped from Patagonia! The shipments from New ZealandTto the United Kingdom for tho same period were as follows: —Mutton carcases, 154,882; lamb carcases, 695,889; beef quarters, 1248.

The shipments from South America to the Continent of Europe during the samo period were as follows Mutton? 1828 tons; frozen beef, 3860 tons.

STOCK: SALES. VALUES AT NGABUAWAHIA. The Isew Zealand Loan and Mercantile Agency Company, Limited, Hamilton.. reports having held a stock Bale at Hg&rua-. waliia on Friday, when an average yarding of fat and store cattle came foiward and' met with good competition' at late rates. There was an exceptionally heavy yarding of dairy cows and heifers, which met with keen competition, resulting in .a total clearance being effected at lull market rates. Quotations:—Mediuyi fat cows, £7 17s Cd to £8 15s; lighter, £7 53 to £7 12a Gd; poorer quality. £6 to £6 9s; store cows, £3 17« 6d to £4 15s: boner cows. £3 to £3 17s 6d; best quality dairy cows closci to profit, £l3 to £l4 6s; more backward ci.wb. £lO to £ll 15s; others, £7 15s to £9 10s; good quality heifers, close to profit, £lO to £l2 Ss; more backward, £8 15s to £9 10s; others, £7 10s to A'B fcs. ' '

PRICES AT WAIHOU

, The Farmers' Co-operative Auctioneering Company, Limited, reports:—At the AVaihou stock sa!a on Friday we penned a good yarding of beef and dairy cattle. There was good competition for pood Quality fc.t cov/fl and thesa showed an advance in prices.. Dairy cattle were Boushts after and (potations were fully ma in tanned. A good yarding of storo pigs und a light yarding of fat pigs came forward. Competition vhs keen for stores, the whole yarding choosing hands at slightly increased rates. Quofntions:—Pat ewes. 21s; fat cows, heavy. £9 15s to £lO 17s Gd; medium* £5 to £9 ss: light. £6 la to £7 15s; torvvard-corichlioncd cows. £4 15s to £5 l'2a (id; fresh stare cn*=.-s. £3 15b to £4 10s; store cows, £1 to 4'3 ■!* ; heavy porkers. £2 9s to £2 Us; light porkers, £2 2s to £2 Cs; good stores. 37s to £2 ss; slips, 283 to 35b £d: weancrs. 15s to 235; Tamworth and Tamworth-cross sows, in pig, £3 to £5 15s: best Jersey heifers, close to profit. £ll to £l2 10»; Jersey and Jersey - cross cows, £1) 6s to £l3; Shorthorn mv.s and heifers, £0 103 to £l2 ss. OFFERING AT TE BORE. Tlie New Zealand Loan and Mercantile Agency Company. Limited. Hamilton, reports having held a very successful s*lo of dairy cows on account of Messrs. Morrison Brothers. Te Roro. The herd com onset? good quality Jerseys. Tn spito of __the fact that they woro lather low in , C u° r^f'iho »'t A. competition was maintained througbout. A; nvninco of £l4 9s was obtained tor wr . 74 tested cows. Best <3ua|ity Jer?ny «m> mado £l9 to £26; others, £l6 to £lB, quality cows. £l4 to £l6 10»: average daln 2mvs £l2 10s to £l3 ss; more backward and aged' cows. £0 to £lO 10s; good spr,wr hflffirs £l2 10s to £l3 ss; poorer quality. £lO to'£U 15b; backward heiior«« £S to i 4< > CHICAGO WHEAT MARKET. CHICAGO. July 10 Wheat.—July, 90£ cents per bushel: September, 93i cents; December, 09 cents; March, 1 cfollnr 3J cents. ~r ' .