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IMPORTS AND EXPORTS

Following are the returns of exoorts for tlie Juno quarter, compared with the same quarter of last year:— fh© totals, deducting specie, are: — T ' 1302. loot. Juno quarter .. £1,055,031 £3,355,88G Taking the two quarters of iiie year we diave: — mr i ]00 -' 1201 • March quarter .. .. £3,863,2-15 £4,58 ICS!) June quarter '.. .. £1,053,021 i3,:!Ss|,SSG RO that tho falling off in the March quarter is nearly made good by tho increase in the June quarter. Tho details arc as follow:— Coal, an increase of £6493 (£<?■?.,9l7— £36,419); gold, an increase of £117,962 -(£sl2j7>)l—£oSH,7B9), largely, no doubt duo

to tho returns from the dredges, which have greatly increased in tho last few months, and are now yielding at the rate of over £600.000 a year, if they could he kept up to the fame figures all Ihc year round. Kauri gmn shows a failing off of £5635 (£114,808—£120,436); timber, a decline of (£512,751—£394,789), l&rgoly, no doubt, due the Australian duties, On the .other hand, butter shows the large increase of £60,46?. (£212,803—£152,541); cheese, 1 a decline of £18,106 (£50,726—£65,852); preserved meats, a rather remarkable increase of £27,139 (£51.818—£24,679); frozen meats, tha very large increase of £294,276 (£1,015,716t£721,440): while in by-product* there are also large increases: Sausage skins, £7942 (£25,461—£17,519*: sheepskins, £38,822 (£133,099 — £94,277); tallow, £J20,271 (f'238,970—£115,699); so that.as.tho total results of meat freezing we have about £1,300,000 for the quarter,, apart from wool, but. that, important eowinoc]ily shows a falling off of £58,910 (5558.293—£927,203), but entirely due to difference in valuation, there being a large increase in weight, which this year is 40,205,0001b, and last year 30,809,00011). Agricultural produot9 show an increass _ of £64,788 (£407.,935-£433,147), there being an increase in oats of £165,000 and a decrease in wheat of £74,000, and general decreases in other items. Leather shows a decrease of £7690 (£30,035 —£37.725), and pliormium a large increase of £115,060 (£162,025—£46,965), the respective quantities being, last year, 2656 tons, this year 6194 tons, the valuation this year being much higher, and amounting to over £26 a ton, which seems too high a figure ?,■* an average. The imports amount to £2,150,260 for the quarter, as against £11382,403 lust year. The iformer figure includes £60,500 for spccic,' but as we. have not tho specie figures for last year a complete comparison cannot bo made. It is not, we think, to be regretted that there is some dceline, as there seemed to bo a disposition- to over-import. INVESTMENT STOpKS. Sales were made on the Dunedin Stock Exchange yesterday at the following prices :~ Bank of New Zealand, £1 5s 6d; Westport Coal, £5; New Zealand Drug (£2 paid), £2 10s Gd. The following are yesterday's quotations: — National Insurance—Buyers ill Os C' l , sellers £1 Is.

National Bank—Buyers £4 2i Gd, sellers £1 ** Bank of New Zealand (ex div.)-Buyers £3 43, sellers £i Gs Gd. Westport Coal—Buyers £118s, sellers £5. ' New Zealand Drug (£2 paid;— Buyers £2 lQs, sellers £2 10s Cd. Barrj Leary, and Co., slock and sharebrokers, Dunedin.—lnvestment shares and debentures a specialty. Communications invited r« investments ror small or large sums. Investment shares can'bo supplied at market quotations.— Advt. .

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19020807.2.21

Bibliographic details

Otago Daily Times, Issue 12425, 7 August 1902, Page 4

Word Count
517

IMPORTS AND EXPORTS Otago Daily Times, Issue 12425, 7 August 1902, Page 4

IMPORTS AND EXPORTS Otago Daily Times, Issue 12425, 7 August 1902, Page 4

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