BGD Ply Output Up,

Gold Down

the three months ending May 31, production of plywood at the Bulolo mill of Common ;alth New Guinea Timbers eadily increased and substantial ipments were made to the United ates and Australia.

But as timber products from this iterprise increase, gold returns are eadily dwindling—a foretaste of ings to come.

For the quarter ending end of ay, value per yard of material Bated by BGD dredges was 15.37 3 cents —the lowest value for many Bars. For the corresponding larter last year the value per yard is 26.63 cents.

Shrinkage of returns over the last months is apparent. The rate r the 12 months to May 31, 1953, is 17.39 cents. This year it has len 23.97 cents.

Miss Margaret Blakey, formerly Port Moresby, has joined the staff Burns Philp (NG) Ltd. at imarai.