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TRADE IN NEW ZEALAND.

The New Zealand Gazette contains the trade returns for the September quarter of 1874. We must say that it is rather out of date at this period, and that with the aid of the telegraph it should have been published several weeks ago. These returns are of no commercial value unless they are published promptly. The declared value of imports and exports for the past September quarter is as under; — Imports .. £2,280,543 Exports £008,788 In other words, the foreign trade of New Zealand, for the three months ending September 30th, 1874, was £2,949,331, or at the rate of £11,993,324 per annum. But when we compare the result of last quarter’s trading with the corresponding period of 1873, we arrive at something like a fair estimate of the relative progress of the colony. Thus: — Sopt. quarter. Sept, quarter, 1874. 1873. Imports.. .. £2,280,543 .. ..£1,473,201 Exports .. .. 008,788 .. .. 800,597 The falling off in exports is accounted for under the heads of gold and hemp, otherwise the general exports of the colony have been steadily increasing. Coming to provinces, and taking the principal towns, we find the following results for the last September quarter ; IMPOSTS. EXPOWIS. Auckland.. ..£510,593 .. £124,073 Taranaki .. .. 3,175 .. Wanganui.. .. 17,520 .. 023 Wellington .. 310,580 .. 31,293 Napier ... .. 55,758 .. 4,970 Nelson .. .. 71,790 .. 9,999 Orcymoutli .. 41,148 .. 08,403 Hokitika ~ .. 35,210 .. 54,594 Lyttelton .. .. 340,594 .. 98,420 Timaru .. .. 23,634 .. 2,013 Dunedin .. 704,528 .. 210,207 Invercargill 51,448 25,851 The export value fell off considerably during the last quarter, as compared with the corresponding quarter of 1873, but that was principally caused by the decline in gold production. This will be at once understood when we state that Auckland’s exports are less by £120,427 than the exports for the September quarter of 1873. On the whole, however, the commerce of the colony is sound, and there does not appear to bo any symptom of overtrading.-

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM18741119.2.8

Bibliographic details

New Zealand Times, Volume XXIX, Issue 4264, 19 November 1874, Page 2

Word Count
306

TRADE IN NEW ZEALAND. New Zealand Times, Volume XXIX, Issue 4264, 19 November 1874, Page 2

TRADE IN NEW ZEALAND. New Zealand Times, Volume XXIX, Issue 4264, 19 November 1874, Page 2

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