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WHALE OIL

PURCHASE OF ANTARCTIC PRODUCTION.

United Press Association—By Electric Telegraph— Copyrlghr (Received December 7, 11.30 p.m.) LONDON, December 7. Unilever Limited have purchased the whole of the 1932-33 season’s production of whale oil, estimated to cost £3,500,000. The news is welcome, as last year many whaling companies were unable to negotiate sales, owing to overproduction in 1930-31. The price of oil during the present season is about £l3 per ton, which should yield the companies a small profit if the cat-ches in the Antarctic are up to the estimate.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19321208.2.72

Bibliographic details

Timaru Herald, Volume CXXXVII, Issue 19360, 8 December 1932, Page 9

Word Count
90

WHALE OIL Timaru Herald, Volume CXXXVII, Issue 19360, 8 December 1932, Page 9

WHALE OIL Timaru Herald, Volume CXXXVII, Issue 19360, 8 December 1932, Page 9