The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 May 1957Vol. XXVII, No. 10

NT Rice Proj [?]

p. 136 · Read in the full issue

Strikes Troubl [?]

THE Northern Territory rice ject received severe se; this season through flood the depredations of wild gees?

W. A. Gunn said this month., crop had been reduced fromi acres to between 600 and 700 Mr. Gunn is Australian sentative of the chairman of tory Rice Ltd. (Mr. Allen Chs He said that the company profit from its experience this It had started to prepare 5,00(1 of ground for next year.

Territory Rice Ltd. was fom July last year with the obje developing a £25,000,000 rice ing project at Humpty Doo, of Darwin. It hoped, by 18 would be producing 500,000 to rice at a cost of 2d lb.

American investors are sup;< two-thirds of the capital, am remainder comes from Mains, an Australian investment com Mr. Gunn said that a grot American rice-growing expert! inspected the project and ha ported that they had no dor was economically sound.

He announced that the con had received large funds America with which it would p creditors.

Recently, Darwin Fruit and 7 table Supply Ltd. issued a Su; Court writ against the compai £l,BOO for goods allegedly sue Qantas Empire Airways and s; other companies immediately summonses against the compai various sums of money.