THE DOMINION’S TRADE.

Wairarapa Daily Times, 3 December 1926, Page 5

THE DOMINION’S TRADE.

EXPOETS AND IMPORTS. BALANCE £3,180.893. Referring to the Dominion’s trade at the annual meeting of the N.F. Farmers' Co-on. Distributing Co., at Feild--1 ing, the -chairman (Mr .1. J. Bryce) eaad: — “In reviewing the Dominion’s trade for the year ended 30th, September, '.we find our total exports amount to £48,--400,925, as against imports' £51,593,818, leaving an adverse balance of £3,186,893. Tlie general decline in the value of our primary products, particularly ■ wool, is largely responsible for this debit balance, which, by the way, is only the fourth time in the last 21 years that an adverse balance has been revealed. ‘‘Compared with last year, which showed an excess of exports of £5,049,627, we are back by £8,236,520, accounted for by a decrease in the value of our exports of about seven million •pounds, and an increase of about one (million pounds in our imports. Whilst, as I have Said, the drop in values of our staple products has accounted in a large measure for this startling discrcptanjyj, nevertheless the.figures furnish earnest reflection,”