Manufactures.

In estimating the value of our Exports it is necessary to take into consideration a fact of great importance that is very liable to be overlooked. The Committee refer to the great increase of our manufacturing industry as evinced in the returns from the Mosgiel, Kaiapoi, and Roslyn Woollen Mills, in which 5705 bales of wool have been worked up of the value of £74,800 during the past year. Of necessity, the Export Returns appear less by the value of the raw material consumed, but our local manufactures add materially to the wealth of the Colony.