Reviewing the last financial year, Mr. Casey said that the value of recorded material production was about £456,000,000, the same as in 1936-37. It would have been higher but for the decline of prices.
Building permits were valued at £56,000,000, compared with £48,000,- 000. The woolclip totalled £52,600,- 000, compared with £63,600,000; the wheat crop £40,000,000, compared with £40,500,000. Average export prices were 12% per cent. lower than in 1936-37, but the volume of production was appreciably higher. Consequently the export income was £125,400,000, compared with £129, 000,00. Investment of oversea capi
Text read from the printed page and cleaned; old type leaves the occasional error.