SHARK INDUSTRY
AUSTRALIAN WATERS A REVIVAL PLANNED A revival of commercial shark fishing on tho eastern coast of Australia is planned by Mr. N. D. Cran, an Englishman who arrived at Auckland by the Rangitata from London yesterday. Mr. Cran and others associated with him made a good beginning in the industry some years ago, making their headquarters at Port Stephens, north of Newcastle. However, economic conditions became unfavourable and in 1931 they ceased operations. Mr. Cran is now convinced that in the present state of the market for shark products and at the existing level of wages in Australia the time is opportune for a fresh start. He also believes that the industry can profitably be carried on by modern methods in competition with Japanese enterprises of the same kind in other waters.
Sharks yield excellent leather for a variety of industrial uses, together with oil and a number of by-products. Their fins are exported whole to China and Japan, where gelatine is extracted from thom for tlie making of soup ami for various other purposes.
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New Zealand Herald, Volume LXXIII, Issue 22580, 19 November 1936, Page 15
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177SHARK INDUSTRY New Zealand Herald, Volume LXXIII, Issue 22580, 19 November 1936, Page 15
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