COFFEE CROP
NOUMEA PLANTERS PLEASED. Noumea planters are delighted at the guarantee by the Commonwealth Government to purchase all the New Caledonian unsold coffee crop, with the offer of unrestricted import licenses. A reply is awaited to a further request asking for the fixation of a reasonable price. In spite of fifth column posters alleging financial ruin, the confidence in the present regime is demonstrated in the latest New Caledonian Post Office Savings Bank figures, showing that deposits increased from 23,126,660 francs to 23,963,894 francs during March. This is considered a reliable barometer, covering 17,000 depositors in a white and native population of 60,000.
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Bibliographic details
Te Awamutu Courier, Volume 62, Issue 4422, 7 May 1941, Page 4
Word Count
104COFFEE CROP Te Awamutu Courier, Volume 62, Issue 4422, 7 May 1941, Page 4
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