Japan Dumping Whale
p. 51 · Read in the full issue
Oil
Moy Affect Copra Market
THERE are indications that action by Japanese whale-oil interests will tend to depress the copra market during the next few months.
The London “Daily Telegraph’s” Oslo correspondent, on February 24, reported; “The Japanese have sold 30,000 tons of whale oil at the low price of £l3/10/- a ton sterling, compared with the normal price of £l5 sterling.
“The newspaper ‘Dagbladet’ under stands that Germany is Japan’s biggest customer, and that prices are actually higher than those published because Ger many wishes to depress the market. Jap
an’s production of whale oil this season is estimated at 80,000 tons”. the antarctic catch Up to February 14, Japan’s six whal ing factory ships in the Antarctic treat ed 7 140 whales, and won about 10 tons of oil from each. This was stated by of ficers of the catcher “Seki Maru No. 2” which reached Fremantle from the Antarctic on March 1. She was forced to leave the Antarctic because a pro peller blade broke off.
Mrs. H. F. Ayson, wife of the Resident Commissioner of the Cook Islands, re cently arrived in New Zealand by the “Matua” from Rarotonga.
Mr. H. Suiter, of Bulolo Gold Dredging, Ltd., on the Morobe goldfield, T.N.G., arrived in Sydney by the last “Macdhui” on leave.