Uriel reference to the prospects of the timg oil industry arc made in the annual vt port of tlie Department of Industries ; i,d Commerce, tabled in the House of Kopresontat-ives. “There are now seven cempanies operating in the North Auckland district, and the broaking-in of huge areas of land, usually of low qualify, for planting this tree continues,” elates the report. “It can he said that as far as the initial stages of the growth are concerned, many of these plantations show very encouraging results. ... As something like £1.000,000 is being invested in this industry in shares, debentures and bonds, there is a great deal at stake.”
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Bibliographic details
Poverty Bay Herald, Volume LIX, Issue 17918, 24 October 1932, Page 8
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107Untitled Poverty Bay Herald, Volume LIX, Issue 17918, 24 October 1932, Page 8
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