AUSTRALIA'S COMMERCIAL PROGRESS.

Oamaru Mail, Volume XXXIX, Issue 10764, 11 May 1911, Page 4

AUSTRALIA'S COMMERCIAL PROGRESS.

HUGE INCREASE'OF EXPORTS

r_Bx Electric Telegraph—CorviuonT.]

(Per Pp-ess Association.) R^eivea-M,ylo,^ S P Saylo At the Australian Chamber of Oimmcfie Congress, the chairman referred toTlWnaerful growth ofjrade. The Australian wool exportsJast were «early.6(B,ODO,ooolb, whilette> wheat exported ' was valued at £9,OiI.BUUTRe" financial strength whs disclosed by the hanking position. The,c*pitaL and assets had. increased from £209,009,000 i£W to £230,160,000 last *«¥***» deposits increasing nearly £l/,000,000. -The Victorian wool clip last year was 101,803,0001b, 6,470,0001b more than the. previous year.