requirements. The returns of the gold imports and exports for New South Wales are swollen by large quantities of Queensland gold sent to Sydney to be minted and then exported in the shape of coin, but only the excess of exports appears in the following table :—

1,900,955

Western Australia..

Tasmania..

19,586 $34,255

*38,000
165,040

£ £ £ £ £ £ £ 8,337,067 13,656,650 | 5,248,994 277,509 7,478,424 381,055 35,379,699 86,342,134 62,609,042 37,222,632 23,106,371 21,903,262 3,104,911 234,288,352 1,768,575 9,430,137 11,540,245 21,672,494 2,008,774 *395,633 $1,100,309 *673,548 1,206,945 33,286 *44,320 19,266,987 | 6,749,717 872,754 1,599,258 192.164

46,420,225

971,696

25,953,970

3,637,990

New Zealand

52,953,829

Total Excess of Exports..

843,029
48,981 20,294,822 14,215,143 7,637,381 9,433,361 1,324,141

97,472,166 97,918,787 65,143,637 42,716,392 82,560,731 13,794,048 399,605,761

Average per annum.. 9,747,217 9,791,879 6,514,364 4,271,639 8,256,073 13,794,048

* Excess of Imports.

DISTRIBUTION OF IMPORTS IN REGARD TO CONSUMPTION.

7,835,407

Former tables show the import of goods into the Commonwealth, but do not show their ultimate destination, and it will therefore be interesting to follow these goods to the point of consumption. It has been shown that the total imports into the states were £68,068,936; of this amount £25,635,089 represented inter-state trade, and £42,433,847 imports from countries outside the Commonwealth. Of the total import £50,369,707 was retained for home consumption, the balance being re-exported, and of the former amount £41,167,791 represented the value of goods coming from places outside the Commonwealth, and £9,201,916 were inter-state goods. From these totals the value of bullion and specie has been excluded.

The following table shows the value of goods of other states consumed in each state of the Commonwealth, as well as the imports from countries outside the Commonwealth, whether such goods are imported direct or through another state.

The value of all foreign goods brought to Australia amounts to £42,433,847. Of this amount £942,511 is bullion re-exported in the shape of coin, and therefore not properly speaking an import for consumption, and £323,545 goods re-exported to places outside Australia, so that the net consumption of foreign goods is £41,167,791, as shown above. Dividing this sum again, £2,664,302 represents the value of narcotics and stimulants, and £38,503,489 of general merchandise. careful analysis of the tariff now in force for the Commonwealth shows that the last-mentioned goods to the amount of £28,246,160 are dutiable, and £10,257,329 are non-dutiable, so that, excluding narcotics and stimulants, the proportion of free goods to general merchandise is 26.64 per cent., which varies in different states of the Commonwealth, ranging between 24.6 per cent. in the case of Tasmania to 31.3 per cent. in that of Western Australia.

The value of the two classes of goods entering into consumption in each state of the Commonwealth is as follows:

:

The tariff of the Commonwealth on dutiable merchandise averages 16.7 per cent., and on all merchandise, excluding of course narcotics and stimulants, the average is 12.2 per cent.

For further information in regard to Customs duties the reader is referred to page 818.

Adelaide, Annual and Capital Value of, Assurance Companies, 789

Allan Cunningham, Explorations of, 15, Australia Felix, 16

Beef, average price yearly since 1820, Burgess Gang, 240

Beer (Colonial), average price yearly Busby, James, 190

Bischoff, Mount, Discovery of Mineral Bushranging Act, 15, 27