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The Pamphlet Collection of Sir Robert Stout: Volume 24

XIII.—Imports

XIII.—Imports.

I give the figures for the ten years, but fear no sound inference can be drawn from them as to the progress of the colony, the imports during the latter years having been obviously augmented by the shipment of railway plant and material, the produce of bans raised at home. I give the returns, distinguishing between consumable and non-consumable articles, as drawn up, and were given, by the colonial authorities :—

page 18
Consumable. Non-Consumable. Total. £ £ £ 1866 — — 5,895, '67 4,179, 1,166, 5,345, '68 3,720, 1,266, 4,986, '69 3,901, 1,075, 4,976, '70 3,480, 1,159, 4,639, 1871 3,082, 996, 4,078, '72 3,702, 1,441, 5,143, '73 4,340, 2,125, 6,465, '74 5,178, 2,944, 8,122, '75 — — 8,029,

[000's omitted.]

It will be seen that the imports considerably exceed the exports in value; the difference is, no doubt, in part due to the capital annually transferred by individuals from this country for investment in the colony. In order to arrive at an estimate of the sum total of these operations, I have obtained from the five principal banks connected with the colony returns of their drafts and credits, issued on New Zealand, during the last ten years, and have compiled therefrom the following results:—*
£
1866
'67
'68
'69
'70
1871
'72
'73
'74
'75
'76
and I may further add that the total amount secured by mortgage in the colony under the Land Transfer Act for the :—
£
Year ended 30th June, 1876, was 1,755,000
Less paid off during same time 359,000
Balance 1,396,000
a considerable portion of which would be British capital.

* I have, unfortunately, been unable to obtain these particulars, although I had devised a means by which the information might have been furnished, without disclosure of trade secrets; but one of the banks declined, without which the others would have been useless.