MALAYAN CONDITIONS
GENERAL IMPROVEMENT
Of recent months there had been a general improvement in conditions in Malaya, although, like most other countries, it tfas suffering considerably from the depression, said Captain V. C. Watkins, of the Malayan . Government Service, who arrived in Wellington from Sydney on the Makura. Captain Watkins, who is on a world tour, said that when he left Malaya in January; tin, one of the country’s principal products, was bringing about £l4O a ton. Now the price was £220 a ton. Although the price had improved, there 'was still a restriction on production. On the other hand, rubber, another staple product, was realising very low prices. In 1911 rubber was worth about 12s a pound, and tho price to-day was about 3d a pound, although it was » gradually improving. At one time it was down to as low as l£d a pound. The extent of the depression had been revealed-in the ruthles# retrenchment* earned out.
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Bibliographic details
Poverty Bay Herald, Volume LX, Issue 18163, 10 August 1933, Page 6
Word Count
158MALAYAN CONDITIONS Poverty Bay Herald, Volume LX, Issue 18163, 10 August 1933, Page 6
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