DOMINION TRADE.

Waikato Times, Volume 108, Issue 18170, 7 November 1930, Page 9

DOMINION TRADE.

FIQUREB FOR SEPTEMBER. ... IMPORTS AND EXPORTS DOWN. The recorded value of exports for September -is £500,000, or 19.7 per cent., lower than that for the same month last year, but is only 5-3 per cent, below the average for this month for the five preceding years, according to the Government Monthly Abstract of Statistics. A shipment of specie valued at £375,000 in September, 1929, was primarily responsible for the decline, although hides and skins, butter, and timber show* decreases of £93,000, £85,000 and £35,000 respectively. Frozen meat was the only commodity to show an appreciable advance in value, increasing by £143,000. The cumulative total for the nine months is £8,500,000 less than that for a like period of 1929 and £5,000,000 . less than the preceding five-yearly average for the period. Wool contributed £7,000,000 to this huge decline, a falling-off in .quantity exported accounting for £1,325,000 and depreciated values for £5,675,000. Cheese is down £460,000, both the quantity and the per-unit value being below last year. Butter-prices have fallen considerably, an increase of 20.2 per cent, in quantity exported being insufficient to prevent a lower value of £85,000. Hides and skins are lower this year by £598,000, and no specie has left the Dominion during 1930, as against £515,000 in 1929. Imports during September are £1,370,000, or 27-0 per cent., less than for September, 1929, and 19.9 per cent, less than the five-yearly average for the month. There was a general decrease in the great majority of items. The total for the nine months has decreased £3,000,000, or 8.3 per cent., and is the second-lowest total recorded during the last seven years. The twelve-monthly aggregate, to September Is down £2,400,000 as compared with both the corresponding period of 1929 and the five-yearly average.