Economy
p. 77 · Read in the full issue
N. Caledonia’S Metal
Prom Our Own Correspondent
Noumea. June 15.
NEW CALEDONIA’S trading figures for the first four months of the year emphasise its economic dependence pn .the mining industry. A depression in this in dustry would be disastrous.
In the four months, exports of chrome and refined and unrefined nickel at £3,014,000 approximately were almost equal to the total im ports, £3.041,000.
The total exports were £3,530,000. coffee (£337,000> being the most valuable commodity next to the metals. Miscellaneous exports in order of value were copra, hides and trocas.
Coal from Australia for the nickel smelters at Noamea and
petroleum products from,
and USA formed the bulk of the imports