Papuan Plantation Sold

The well-known Mamai plantation at Port Glasgow, in Papua, was purchased outright, in February, as a going concern, by Steamships Trading Co. Ltd., of Port Moresby.

The property consists of 550 acres of full-bearing coconuts and 160 acres bear ing rubber: and the purchase includes all stocks, such as 200 cattle, all plant, motor lorries, rubber machinery, etc. The new owners propose to actively continue the operation of the plantation and the former manager, Mr. Blundell, will continue with the new owners as manager.

As Captain Fitch’s organisation has all the necessary equipment for carrying on this class of business —ships, stores, labour, etc.- —the new development should prove profitable.