Papuan Sugar

... === New Industry Planned Satisfactory Results At Sangara

THE cultivation of sugar cane in Papua is at present receiving a great deal of attention.

Planting has been already carried out in the Sangara District, and our Port Moresby correspondent states that there are rumours that the Sangara Sugar Syndicate is negotiating in Australia for the formation of a company on a fairly large scale.

The initial operations of this syndicate, it is claimed, have proved entirely satisfactory.

Besides the Sangara Company, a new enterprise—Papuan Rural Products Ltd. has been formed, with head quarters in Melbourne, to exploit the natural advantages of the Territory for growing sugar cane and manufacturing sugar and its various by-products. This company, which has a nominal capital of £25,000, is now making a public issue of 40,000 bonds of £30 each.

It has selected 20,000 acres of land a short distance Inland from the shores of Collingwood Bay, in the North- Eastern division of the Territory. The land was chosen by Queensland sugar expert.

In connection with sugar cultivation in Papua, Sir Hubert Murray, the Lieutenant-Governor, in his last report, said: “There is ground for confident hope that our advantages of climate, soil, rainfall and labour will enable Papuan sugar planters to compete successfully on the world’s markets against producers in any other country.” ... ===