EASTERN MARKETS

New Zealand Herald, Volume LXXI, Issue 21716, 3 February 1934, Page 12

EASTERN MARKETS

NEW ZEALAND PRODUCE OPPORTUNITIES EMPHASISED [from OUR OWN correspondent! PUKEKOHE, Friday Speaking from a wide knowledge of the East, gained as a Russian commercial envoy before the revolution, Mr. Alexander S. Tetzner last evening addressed the Pukekohe Chamber of Commerce on the opportunities for developing markets for New Zealand produce in Eastern countries. Mr. Tetzner, who had to flee his -native land at the time of the revolution, made his way to this country, and is now interested in dairying at Patumahoe. While it was true there were millions of poor people in the East, said Air. Tetzner, there were also many people well able to afford New Zealand produce. New Zealand lacked a direct shipping line, but Australia had tho shipping, and was rapidly expanding her markets in the East. Within a comparatively short time 11 new companies had been formed in the Commonwealth to take advantage of the opportunities offering. At present New Zealand was taking £2,000,000 worth move in goods from Eastern countries than they were taking from her. The East Indies sent £754,000 worth, China £52,000, India £31,000, Malaya £19,000 and Burma £7OOO. In return these countries took less than half the value from New Zealand. In fact, the East Indies took only £ll9B. Lately he had advices from China of the sale there of New Zealand butter at 2s per lb. As ono who knew the opportunities, he felt the great advantages of Eastern trade to New Zealand, particularly in relieving the London market and raising the general price level, called for action by all those who wished New Zealand well.