NEW ZEALAND FINANCE
IMPROVED CONDITIONS. HAMILTON, Monday. Figures demonstrating the improved financial conditions prevailing in New Zealand were quoted by the Minister of AgriMture (the Hon. W. Lee Martin) wiTSI speaking at Pukekapia at a school opening. Exports for the first two months of tlie current year were £3,421,000 in excess of those for the same period of 1936 and £5,242,000 above the figsires for 1935. Imports for tho same two months were £1,794,000 higher than for the corresponding months of 1936 and £2,722,000 higher than for the corresponding months of 1935. Exports of merchandise during February last were valued at £8,730,755, one of the highest monthly totals recorded pince February, 1929. Customs figures showed a marked Increase, said Mr Martin, while the average weekly value of bank debits individual customers’ trading accounts during February was £22,015,860, the-highest average recorded for any individual month since statistics became available in April, 1928. In December, 1936, the average net note circulation reached the highest point ever touched in the history of the Dodeposits also reached an exeeptjpEilly high level during February, the average amount of deposit being £67,930,728, the highest monthly average since April. 1928.—(P.A.)
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Bibliographic details
Wairarapa Daily Times, 4 May 1937, Page 5
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193NEW ZEALAND FINANCE Wairarapa Daily Times, 4 May 1937, Page 5
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