OVERSEAS TRADE

Poverty Bay Herald, Volume LII, Issue 17186, 9 November 1926, Page 9

OVERSEAS TRADE

NINE MONTHS' REVIEW

IMPORTS EXCEKD f'XI'OJ.'TS

(Special to the Herald.) WELLINGTON, this day

Exports for the nine months ended September .'ill, .192(5, amounted to £37.-

340,920, and imports for the same period to £37,404,308, leaving a small execs* of imports of £57,448. Figures ].,r the corresponding period last year were: Exports, £14,191,254; imports, £35,234,507; balance in favor of exports, £5,956,447. Exports for the lirst nine months of the present year, therefore, are down by £0.844,334, as compared with the total for the corresponding: period in 102". however, show a diminution of but £830,439.

The shrinkage in exports is due to lower prices, especially in the wool trade. For the nine months uiv>r review the return from wool exported was £10,544,711, as eon.pared with with £15.9.12,721'- for the corresponding period ln»t year. Declines are also evident in the following main items (figures lor corresponding period of 1025 in parentheses): Butter, £5,997,-

■ •(•:', (£(5,397,475); frozen beef, £488,952 (£647,085;; frozen Jamb, ££,331,915 (£(5,358,182); Frozen mutton, £l,003.013 (£2,400,075); sheep-skins, £1,300,930 (£1.722,001); hides, £450,fi!4 (£570,673). The principal increases were: Cheese. £4,63(5,9(50" (£4,10(5.431); sausage-casings, £710,418 (£(519,884). In the case of imports the principal increases ocLUirved in: Motor-spirit, r.e.i.. £1,092,392 (£1,347,107 ; boots and shoes, £753,395 (£702,845); bags

and sacks, £441",573 (£327,490); flour, £290,781 (£92,489); lubricating oil,, £228,600 (£178,708). Motor-vehicles show a decline' in value from £3,049,087 to £2,792,778, although the nuni» ber increased from 16,154 to 17^375.