LOSSES IN NEW GUINEA
EXPROPRIATED PROPERTIES
TOTAL OVER ONE MILLION,
(UNITED PRESS ASSOCIATION.—COPYRIGHT.) (Received 21st June, 10 a.m.)
MELBOURNE, This Day. A report on the expropriated properties and businesses in the Mandatory territory of 'Ssew Guinea, tabled in the House of Representatives, states that the Expropriation Board shows estimates that thero is a cash deficiency of £170,000, bringing the total liability to £1,063,544 to the end of this month. It is expected that this amount will increase till 30th June, 1927, after which an annual surplus is anticipated. Emphasis is laid on the unsatisfactory state of the copra market.
The report says that the near future of tho territory depends greatly on an improvement of the market.
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Bibliographic details
Evening Post, Volume CVII, Issue 146, 21 June 1924, Page 7
Word Count
117LOSSES IN NEW GUINEA Evening Post, Volume CVII, Issue 146, 21 June 1924, Page 7
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