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NEW GUINEA.

BIG INCREASE IN EXPORTS. WEALTH OF THE TERRITORY. BY CAELE—PEESS ASSOCIATION—COPYRIGHT. Received 11.40 a.m. to-day. CANBERRA, Dec. 20. A Parliamentary paper dealing with the mandated territory of New Guinea shows that the exports for the year ended June 1926 exceeded all previous returns with a total of £1,105,000, of which over a million was of Copra, £25,000 of gold, £47,000 shell. Copra exports have steadily increased from 26,000 tons in 1921 to 46.000 in 1925-26. Imports have grown in the same period from £469,000 to £568,000. At Edio Creek goldfield there is a white population of almost one hundred, nearly all returned soldiers. The output of gold for the coming year is expected to show* a considerable increase. The revenue for the year amounted to £259,000 and the expenditure to £243,000 out of revenue, but it does not include expenditure out of loan fund and other funds. The native taxpayer contributes a tax of ten shillings per head, returning in 1925-26 nearly £20,000.

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https://paperspast.natlib.govt.nz/newspapers/HAWST19271220.2.84

Bibliographic details

Hawera Star, Volume XLVII, 20 December 1927, Page 9

Word Count
165

NEW GUINEA. Hawera Star, Volume XLVII, 20 December 1927, Page 9

NEW GUINEA. Hawera Star, Volume XLVII, 20 December 1927, Page 9

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