RISE OF £8,000,000
EXPORTS FOR YEAR HIGH VALUE IN JUNE DROP SHOWN IN IMPORTS The highest value for any of the past 10 productions was reached by New Zealand commodity exports for the year ended June 30. They were valued at £65,859,000, an increase of £7,968,000 over the previous year. Imports, at £46,070,000, were £10,430,000 lower in value than in 1938-39, being in fact the lowest since the year ended June 30, 1936. The visible balance, £19,789,000, has been exceeded in the past 10 years only by the total of £22,439,000 recorded at the end of June, 1934. Returns for the past 10 years have been as follows, the values being for commodities only, in New Zealand currency:— Year to Exports Imports Excess June 30 £ £ £ 1931 . 36,944,000 35,074,000 1,870,000 1932 . 34,668,000 24,655,000 10,013,000 1033 . 37,470,000 25,290,000 12,180,000 1934 . •49,142,000 26,703,000 24,439,000 1035 . 42,054.000 3 1,302,000 8,652,000 1936, . 53,659,000 39,459,000 14.200,000 1037 . 64.62 1,000 50,076,000 14,545,000 1038 . 61,920.000 57.543,000 4.377,000 1939 . 57,891,000 56,500,000 1,39 1,000 1940 . 05,859,000 40,070,000 19,789,000 High June Exports For the month of June exports reached the level of £9,494,000, compared with £5,145,000 in the preceding June 1. It is easily the highest figure for any June since 1933. Import values for the month were £299,000 lower than for the corresponding period last year, but with that exception are the highest for any similar month since 1933. Returns for the month of June in the past five years are as follows: Exports Imports Excess June £ £ £ 1936 .. 4.221,000 3,434,000 787,000 1937 .. 5,494,000 3,961,000 1,533,000 1938 .. 5,913,000 3,583,000 2,330,000 1939 .. 5,145,000 5,198,000 ‘63,000 1940 .. 9,494,000 4,899,000 4,595,000 •Excess or Imports.. The returns for the first six months of the past five years are:— Jan.- Exports Imports Excess June £ £ £ 1936 . 34,231,000 19,860,000 14,371,000 1937 . 42,100,000 25,727,000 16,373,000 1938 . 37,307,000 27,109,000 10,198,000 1039 . 36,782,000 28,187,000 8,595,000 1940 . 44,632,000 24,870,000 19,762,000
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Waikato Times, Volume 127, Issue 21183, 5 August 1940, Page 9
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308RISE OF £8,000,000 Waikato Times, Volume 127, Issue 21183, 5 August 1940, Page 9
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