Move To Stabilize Price
p. 82 · Read in the full issue
Of Coconut Products
IT is reported that important Ceylon interests have purchased the Milne Bay desiccated coconut factory and plantations of Messrs. Bunting, of Sama rai, Papua.
It is reported also that this is part of a significant move by powerful interests to stabilize the price of coconut products.
Mr. T. R. Victor, consulting engineer to Australian Gold Development, N.L., and a director of several Fiji goldmining com panies, left Brisbane for New Guinea by the Macdhui on September 14. He will investigate and report on several areas, including the Kela property and the Ornapinka and Yonka areas of New Morobe Gold N.L.. the area of Morobe Alluvials N.L. at Little Wau Creek, and the leases of Golden Terraces (N.G.) Syndicate, N.L.
Mr. H. L. Clark, Hon. Secretary of the Rabaul Amateur Turf Club, New Guinea, arrived in Sydney in September and will spend a couple of months in Australia.
He will be married in Melbourne during this furlough and his bride will accom pany him back to Rabaul in November.
Mr. E. G. Theodore, managing director of Loloma Gold Mines Ltd., and Emperor Gold Mining Co. Ltd., arrived in Sydney from Suva by the Monterey on September 9.