NEW GUINEA
THE EXPROPRIATED PROPERTIES. Reus Association—By Telegraph—Copyright. MELBOURNE. June 21. The report of the Expropriation Board on expropriated properties and businesses in the- mandated territory of New Guinea, which has been tabled in the House of Representatives, shows that the estimated cash deficiency is £170,000, bringing the total liability to £1,053,544 to the end of this month. It is expected that this will increase till June 30, 1927, after which an annual surplus is anticipated. Emphasis is laid on the unsatisfactory state of the copra market, and the report says that the near future of the territory depends greatly on an improved market.
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Bibliographic details
Otago Daily Times, Issue 19205, 23 June 1924, Page 8
Word Count
104NEW GUINEA Otago Daily Times, Issue 19205, 23 June 1924, Page 8
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