FOREST INDUSTRIES. 



215 



About two-thirds of the imported unmanufactured timber came 

 from Scandinavia and the rest from the United States, Australia 

 (Eucalyptus) and India (Teak). The manufactured timber came 

 chiefly from Scandinavia. 



8. Forest Industries. 

 The principal branches of industry are, approximately, the 

 following : — 



9. Summary and Outlook. 

 In the following statement a balance is drawn between utiliza- 

 tion, export, import consumption and increment : — 



Cubic Feet. 



65,941,880 



UtiUzation 

 Add Imports . 



Total . 

 Deduct Exports (Estimate) 



Total Consumption 

 Net Increment (Estimated) 



Excess of Consumption over Increment 



19,500,000 



85,441,880 

 77,000 



85,364,880 

 77,000,000 



8,364,880 



The number of cubic feet (77,000) exported has been estimated 

 from the value of the exports (£9,000) by assuming that the value 

 per cubic foot exported is the same as the value per cubic foot of 

 the imported timber. 



For some years to come the excess of consumption over incre- 

 ment will, however, in reality be greater than appears from the 

 above balance sheet, because three-fourths of the present incre- 

 ment is laid on by plantations, most of which are as yet too 

 young to give a return. By continuing the system of planting 

 the deficiency should disappear after a limited number of years. 



