NEW ZEALAND FACTORIES

Waikato Times, Volume 102, Issue 17242, 29 October 1927, Page 8

NEW ZEALAND FACTORIES

SUBSTANTIAL INCREASES. 'Substantial increases in several departments having overridden contractions in others, factory production in New Zealand in 1925-20 established a new record. The annual report by. the Government Statistician, based on returns which have been compiled in the usual scries of elaborate tabulated statements, reveals unusual activity in the establishment of new factories; a record number of persons engaged in factories, mills, works, etc.; a record in value of products, in spite of a heavy decline in the value of the output from freezing and dairy factories; and a further record in the “ added value ” —the value created by the application of manufacturing processes to raw materials. The following summary of the principal statistics for 1924-25 and 192526 is given by the Statistician: —

1924-25 1925-20 Establishments . 4.547 4,79 1 Employees 80,327 S 1,7 00 Salaries & wastes £ 1 5,090,202 £10,870,881 Motive power, h.p. 288,407 358,881 Materials used . £52,101,420 £52,320,908 Value or products 84,101.313 84,702 134 Added value 31,030,803 32,465,430 Capital assets ., 40,973,842 59,068,000