DOMINION PROGRESS

Waihi Daily Telegraph, Volume XXVI, Issue 7907, 26 September 1929, Page 3

DOMINION PROGRESS

STUDY GROWTH OF PRODUCTION A TEN YEARS’ RECORD r ■’ • FARMING LEADS THE WAY (Special to Telegraph) WELLINGTON, this day. An interesting estimation of the value of production in the Dominion for the year ended March 31, 1928, is given in the latest Government Abstract of Statistics. Figures are given for eight principal classed of production: (1) Agriculture, (2) pastoral, (3), dairying, poultry and bees, ,(4) mining, (5) fisheries, (6) forestry, (7) factories, and (8) builders, labourers and industrial workers, etc., the headings of which are self-explanatory. In estimating the total value of production for the above classes deductions have had to be made from certain classes for items the inclusion of which would lead to duplication in the aggregate, and this has had the effect of underestimating the total production of certain of the classes. For Instance, the gross value of group 1 (agricultural) was £32,908,390 in 1927-28, but as the major part of this value was utilised for the purpose of adding value to live stock the accretions in value of which are accounted for in the groups 2 and 3 the net value only (£9,315,937) has been taken into account in the aggregate. BASIS OF VALUATION

The basis of valuation in the compilation of the statistics is the wholesale or declared export value, or, where neither of the two is available, the cost at the factory. In the factory production class, which includes all those factories which do not come within the headings of any other group, the value shown is the value added to materials by the process of manufacture. The totals shown in the following tables do not represent the whole value of production, no allowance being made for the production on smal holdings of under one acre, kitchen gardens, etc., nor of home products, of which dressmaking, jam making, etc., would alone comprise something very considerable in the aggregate. The figures for each class for 1927-28 afford the following comparison with those of 1918-19:

1927-28 1918-19

. j : • totals £121,053,912 86,800,536 FARMING AND FACTORIES The total value of production increased by £34,253,376, or 40 per cent., during the period covered by the above table, the greatest advance being made by group 3 (£13,542,761), followed in order by group 7 (£9,756,999) group 8 (£7,223,449), and group 2 (£2,364,607). A huge Increase in, the output of butter, cheese, and condensed milk factories is mainly responsible for the position attained by dairying, poultry and bee products. The rise in the added value of factory products is more in the nature of a general all-round increase, although noteworthy rises are recorded by printing and publishing (£1,902,133), motor and cycle engineering (£968,929), clothing manufacture (£668,028), general engineering (£487.313), lime crushing and burning (£478,020), and biscuit and confectionery making 525). Marked activity in the building industry accounted for the bulk of the increase in group 8, although the production of labourers and industrial workers not included in the factory production figures also shows appreciable increases. The rise of £2,364,607 in the pastoral group is wholly due to increased wool production and increases in the flocks of sheep. «T\Tinn'TnV

more production The 1927-28 total of £121,053,912 is a record, being £1,385,210 in excess of the figure for 1924-25 (£119,668,702), which was the previous highest, and exceeding that for 1926-27 by £7,442,337. • Comparisons of the group totals with those for the previous year reveal some interesting results, the most noteworthy being the great increase in the farming groups 1-3. The total for these three groups in 1927-28 was £78,607,648, as compared with £68,426,384 in 1926-27. Pastoral products provided £7,047,502. of this increase; dairying, poultry and bees £2,661,092 and agricultural products £472.670. Mining production was the only group to show an increase during the year, the production rising by Bach of the remaining four groups showed recessions in value, the greatest being forestry products 091,680), closely followed by factory products •building production, etc. (£798.583) and fishing products £7086) next in order.

' RELATIVE FIGURES The relative ivolume of production for each of the last ten years is shown in the following table. Value of Production

1 Agricultural 9,315,937 8,153,668 2 Pastoral 40,965,949 38,601,342 3 Dairying 28,325,762 14,783,001 4 Mining 3,515,779 3,593,916 6 Fisheries 524,514 306,152 6 Forests 3,237,067 .3,174,001 7 Factory 22,090,418. 12,333,419 8 Builders 13,078,486 5,855,037

Year Total Per Head £ £ 1918-19 86,800,536 74.41 1919-20 94,622,635 78.35 1920-21 100,757,354 80.46 1921-22 94,290,946 73.34 1922-23 101,331,100 77.27 • 1923-24 106,994,158 80.20 1924-25 •• 119,668,702 87.99 1925-26 113,130,393 81.27 1926-27 113,611,575 79.97 1927-28 . . 121.053,912 83 87