FIJI FINANCE
A SATISFACTORY POSITION. (Australian Press Association ) (Received tliis day at 1.5 p.m.) SUVA, October 3’. In the Legislative Council this morning', the Governor, Fletcher, presented for certemonial use as a mace for the Council, King Gakoba.n’s war club, given by him to Queen Victoria in 1874, on the executive’s deed; of cession and which now returned by the King to Fiji. 1 The estimated deficit for 1932 is £12,000. . Tlie Governor forecasted a record crop of sugar in 1932 of 180 thousand tons of sugar, twice the 1931 output. Copra is again on a paying basis and the estimated output for 1932 is one ■third in excess of 1932. The estimated revenue for 1933 is £568,350 and expenditure £553,132. The Government are endeavouring to raise the standard of the quality of copra. There are good results from Fiji’s participation in the 'Ottawa exhibition in August. A number of ininquiries have been made for Fiji products. .
The first half of the-Colony’s new loan of £160,000 Was issued in London in July at 104, at four per cent. The loan was not guaranteed by the Imperial Government. The balance- of the Doan will he issued shortly. The Governor .is leaving Fiji on November 18th. for a seven .months vacation. 'Seymour will administer the colony in his absence. i
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19321003.2.59
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 3 October 1932, Page 6
Word count
Tapeke kupu
218FIJI FINANCE Hokitika Guardian, 3 October 1932, Page 6
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in