New Canadian Market
p. 10 · Read in the full issue
SIR Walter Carpenter told the “New Zealand Herald”, Auckland, when passing through there en route to Canada on July 27, that he expected the new crushing mill in Vancouver would shortly crush copra at the rate of 50,000 tons per annum and that this would assist considerably in the solution of the present problem of how to dispose of South Pacific copra. Sir Walter said that Fiji probably would supply from 5,000 to 10.000 tons per annum for the Vancouver mill —provided it was of sufficiently hisrh grade—and that, while prices naturally would vary according to market condi tions. they would be better than those which growers have been receiving for some time, and actually would not be far short of pre-war rates. (See article on page 36.) Owing to war conditions, and shortage of staff, the Madang (TNG) branch of the Bank of New South Wales has been closed. Mr. Noel Marlay has been trans ferred temporarily from Madang to the managership at Salamaua, and Mr.
Monk moves on to Wau, to relieve there.