OVERSEAS TRADE

Poverty Bay Herald, Volume LXIII, Issue 19133, 30 September 1936, Page 2

OVERSEAS TRADE

B&TUBN .FOE AUGUST ' M3itEASE,IK.EXPOBTS IMEORT FIGURES HIGHER ■Commodity exports for August were Inched bv £274.000, measured in Now Zealand currency, than for the corresponding month last year., according to the preliminary return of overseas trade issuedCbv the Customs Department Wellington' The agnre.is £70,000 f higher than tor August. 1934, and £419000 greater than that for the same month in 1933. - . _ . \s in the two preceding years imports show » definitely rising tendency,..so that, since :-!933 they have only once been ]ower.4n value, measured in Sw Zealand I'iirrcffljy, than exports. For August- this V ear the valuation is £375,000 greater "than 'for the corresponding month last year 'The excess of imports over exports is £IOI,OOO- greater ..than it was in AugusL 1935. Under ordinary trading conditions it is normal for imports to excceS; exports at this season of the year. - R«Ulrns for August in the past three commodities only, with specie excluded, all values being expressed m New Zealand currency, are as follows : ',.'>i Excess of Z,' Export Imports Imports Augßst £ £ & „„„ 1933 2 631.000 2.139.0C0 492,000\m ' 3CBCOCO 3.232.0C0 152.0C0 1935 .'.'.' 2;576.C00 3:622,000 746,000 1936' ... 5.150,000 3,997,000 847,000 , i * Excess of Exports. -Returns for the first eight months of the calendar vear show exports valued at £42 061,000, or £8.858,000 mote than for the corresponding portion of the previous vear. Tins can be taken as due m large measure, to the recovery in wool values last season compared with those of the one ftrecedina; it. But the total is also *4 651'.C00 greater Elian that for tho first ejehf'months of 1954. when the high wool vainer of the 1933-34 selling season were reflected'in" the "trade returns. So far as it haS gon* 19J6 ha* been substantially the best export year of the past four. Tlie. steadily -rising tendency of imports Over the same period is shown by a comparispn of the figures, commodities only, exoressed in 'Zcalaifd currency. The increase since-1963 has-been nearly £11.000,000. ' The returns, showing the value, in New Zealand currency, of commodities, with exported and imported diwmg -the-- first eight months of the last'ffirSr.rxfaXv compare as follows':— Jan.-- Exports Imports Excess 4ug: ; £ ~ £ : " - - c 1955 .7 29.370.000 16.467.CC0 ' 12,903,000 1924 J! 0f,43C.C00 19,836,000 17.574,000 1955 . 33.203X00 23.287.C00 9.916,000 1936 ~ Wk&fifito 27.388X00 14.673,000 The-Value of specie exported during: August. ndt included in the totals previously' given. Was £7645. Imports were valued, at £3300. For the eight months to thft end of August exports were £45.245 and imports £17,340.