W. Samoan Trade In 195
p. 110 · Read in the full issue
From Our Own Correspondent
Apia Dec, 31.
PRELIMINARY trade ’ figures f 1951 were announced in broadcast by the High Cor missioner, Mr. R. G. Powles, on D cember 29. The High Commission stressed the sound financial pos tion of the Territory and cor mented on the progress mai economically, socially and political] Export of Samoan cocoabeans w an all-time record in quantity ai value (3,100 tons valued at £790.00( For the first time in the history Samoa, copra exports took secoi place, in value (14,500 tons valu< at £780,000).
Banana exports showed a furth decline during 1951, only 63,0 cases were shipped, one-third le than the previous year.
Total exports were £1,600,000 ai imports £1,200,000 showing favourable trade balance of £400,0( Total Government revenue du ing 1951 was £646,000 and expend ture £606,000 leaving a surplus f the financial year of £40,000.
The cocoa price which dropped November advanced again in D cember and prospects for 1952 a bright, particularly as there will al be an increase in the copra pri paid by the British Ministry Food under the 10-year contract.
Mr. Ernie Kriewaldt, who hi established a flourishing retail bus ness in Port Moresby, has be( spending some weeks in Sydney, ( business.
A son was born to Mr. and Mi George Greathead (of Gorok New Guinea) at Brisbane on Boxir Day. Mr. Greathead is the Distri Commissioner for New Gunu Highlands.