On the basis that 1000 equals the average export prices during 1909-1913, the general index of export prices fell from 1090 in March to 1041 in April, states the Monthly Abstract of Statistics. The drop in the dairy produce group from 871 to 776 in these months reflects the drop in London prices in April. The retail prices of food in z New Zealand were 5 points higher in April than, in March, though prices in groceries and meat groups were practically unchanged. Eggs were up during Lent, mainly responsible for raising the index figure for the dairy produce group by 18 points. The general wholesale price index for April rose by two points. Share prices reached 1036 on the last trading day in April, the highest point reached since November, 1929.
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Southland Times, Issue 25314, 18 June 1935, Page 12
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132Untitled Southland Times, Issue 25314, 18 June 1935, Page 12
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