COMMERCE

299

The following tahle shows for 5 years tho value of the imports and exports (Tuorehandise, bullion, and specie) into or from the Australian Common- wealth from or into countries outside the Commonwealth.

Exports

Years

1908 1909 1910 1911 1912

Imports

49,799,273 51,171,896 60,014,351 66,967,488 78,098,000

Australian Produce

£ 62,118,903 62,843,711 71,836,195 76,205,210

Other Produce

£ 2,192,155 2,475,125 2,654,955 3,277,048

Total

64,311,058 65,318,836 74,491,150 79,482,258 78,835,000

The value of goods imported represents the amount on which duty is payable or would be payable if the duty were ad valorem. The value of goods subject to duty is taken to be the fair market value in the principal markets of the country whence the same were exported, with an addition of 10 per cent, to snch market value.

The Customs Tariff Act of 1908 provides for preference to goods produced in and shipped from the United Kingdom to Australia as against the goods of other countries, and also atfbrds a larger measure of protection to Australian industries than previous tariffs.

The value of goods exported is the value in the principal markets of the Commonwealth in the usual and ordinary commercial acceptation of the term.

More important imports and exports in 1911 : —

Imports

Cane sugar .

Tea ... .

Spirits

Apparel, &c.

Boots and shoes .

Hats and caps

Cotton and linen goods

Woollens

Silk goods (inc. velvets)

Machines and machinery

Agricultural implements

Metal manufactures .

Timher

Arms and explosives .

Paper ....

Bool<s ....

Sacks, &c. .

Dru<^s and chemicals, &c

Gold bullion

Jewellery .

Oils (in i.ulk) .

Tol)acco

Value

&

404,474 1,244,816 1,259,866 3,849,222

447,505

517,598 4,525,297 2,288,-365 1,922,426 3,801,577

604,743 6,722,820 2,787,952

894,190 1,6('6,619

693,429 1,149,296 2,178,600 1,584,036

671,978 1,555,713

899,110

Exports

Value

Flour .

Butter .

Beef .

Mutton

Rabbits and liares

Tinned meat

Tallow

Leather

Wool .

Coal .

Copper matte, ingot:

and bar . Gold bullion Gold in matte Gold specie Silver bullion Silver in matte Silver ore Lead — pig and in matt Tin ingots . Tin ore Timber. Pearl shell . Animals (living) Skins and hides Zinc concentrates Wheat

£

1,391,537

4,637,362

1,102.132

956,622

407,034

777,826

1,936,599

506,129

26,071,193

900,622

2,347,448

1,711,093

437,761

9,829,689

485,447

219,971

246,374

1,108,544

765,179

281,208

1,062,033

330,003

310,708

3,227,679

1,619,426

9,641,608