Pearls Like Marbles
(New Zealand Press Association)
AUCKLAND, January 11. Exquisite pearls as big as marbles are being cultivated in Australia and sold at high prices on world markets.
The industry is a relatively new one in Australia, but already one Western Australian company has sold a necklace of cultured pearls in New York for 100,009 dollars. Mr N. Paspaley, manag-ing-director of Paspaley Pearling Company, Ltd., Darwin, said in Auckland today that Australia was producing better and bigger cultivated pearls than Japan in half the time.
A half-pearl used for earrings takes nine months to grow, a full round one two years. The small type of pearl cultivated in Japan needs four years’ growth. Mr Paspaley started his £250,000 pearl-fanning enterprise two years ago, using Japanese technicians and divers. He operates three luggers and a factory ship to supply the shell fish in which the pearls are seeded.
Mr Paspaley is travelling to the United States in the Oronsay to visit jewellers and observe the pearl market.
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Press, Volume CV, Issue 30956, 12 January 1966, Page 3
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167Pearls Like Marbles Press, Volume CV, Issue 30956, 12 January 1966, Page 3
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