PRESENT COMMERCIAL VALUE. 183

Brought forward, L.200,822 0 0 Butter.—-Foreign, - - 3,119 British—7-8ths from Britain and Ireland, - - 8,487

ths. 11,606, at ’70s. 40,621 0 0

L.241,443 o 0

This amount, together with foreign wines and salt, is about equal to one-third of the whole value of imports into Newfoundland; the difference, about L.550,000, is made up of British manufactures. All the provisions we purchase from foreigners can be laid in equally low, with some little encouragement, from Canada. Live stock for the Newfoundland markets, is supplied by Nova Scotia and Prince Edward Island.

The average annual produce exported during the last three years from Newfoundland, consisted of

Codfish, about 600,000 quintals, at 105. L.300,000 0 0 Cod oil, - - 3,000 tons, at L.18 54,000 0 0 Seal oil, - - 5,000 tons, at L20 100,000 0 0 Seal skins, - - 400,000, at ls. 20,000 0 0 Salmon, furs, 8m. - - _ - - 20,000 0 0

L.494«,000 0 0 Value of produce from Labrador exported

direct, and from Newfoundland and Nova

Scotia, - - - - - - 278,400 0 0 Present annual value of the Newfoundland ——-——— and Labrador fisheries, - - - L.772,400 0 0

With the exception of the amount which is paid to foreigners for provisions, the whole of the above