NAURU PHOSPHATES.
RKSn/f OF YEAR'S OPERATIONS
- The conduct of the business of arranging for the shipment and sale of phosphate rock from Nauru and Ocean islands, which Avas placed in the hands of the Phosphate Commissioners as from July .1, J923, was carried out quite satisfactorily, te the report of the Department of Agriculture, which was laid on the table of the House of Representatives.
The alteration in control rendered it. no longer necessary for the Government to vote money for the purchase of phosphate rock, for re-sale to manufacturers of fertilisers, and the vote asked for in the Nauru and Ocean Island account was reduced to £1000. This sum was provided to meet such expenditure as was necessary in connection with Government supervision, together with possible contingencies. The quantity of phosphate rock imported during the year ended June 30, 1924, was approximately (>o,ooo tons but this did not by any means represent the total quantity of this material coming into the Dominion, as 24.04-' tons were imported during the financial year from Makatea Island, the coni-
puny 'operating there having, it was understood, quoted very low prices in an effort to obtain a share of the Now Zealand business. The Phosphate Commission's financial year ended on June 30, the report continued,, and it was understood that, for the year ending June 30, 192.". coi. tracts had been made, under which all phosphate rock required for New Zealand manufacturors would - be derhi-.! from Nauru and Ocean Islands. !* was estimated that up tn 80,000 ->;■ So.OOu tons would be imported drrir-g that period. The total output of two islands increased during the year considerably, and at June 30, 1924. it had reached 4." 1,909 tons, as compared with 3J3.7~>s tons for the preceding twelve months. This increase was gi'eat'y due. to the extensive developme,ill of the business in Australia, and / it seemed evident that the New Zealand business would also develop considerable from now onwa-ds.
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Bibliographic details
Northern Advocate, 26 August 1924, Page 7
Word Count
323NAURU PHOSPHATES. Northern Advocate, 26 August 1924, Page 7
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