Fortune
p. 111 · Read in the full issue
Another Disposals
From P-N. Guinea
Prom Our Own Correspondent
Moresby, Jan. 6.
THERE’S still “gold in them thar hills” in P-NG. Mr. R.
Eginton has just shipped to Australia 120 tons of brass shell cases salvaged from exploded Army dumps at Oro Bay; and this scrap metal is worth £l3O per ton. Gangs of natives who have been collecting for him have been making up to £2OO per day. So rich is the harvest that Mr. Edginton has been air freighting the brass cases from Oro Bay to Moresby.
He expects to ship another 150 tons of Oro Bay brass scrap in the first three months of 1952. It looks as if he is grossing some £35,000.
