NEW INDUSTRY
POWERFUL HOME SYNDICATE EXPLOIT COAL OUTPUT £3,000,000 DISTILLATION PLAN Reed. 12.20 p.m. SYDNEY. Today. The New South Wales State Government and representatives of a powerful group of British capitalists are negotiating for the creation of a new industry, the distillation of coal and the manufacture of chemicals at Newcastle, the development of which will involve nearly £3,000,000. This new industry will be carried on at Moscheto Island, a long lease of which has been acquired by the capitalists. The agreement is now awaiting signature.
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Bibliographic details
Sun (Auckland), Volume IV, Issue 989, 4 June 1930, Page 11
Word Count
86NEW INDUSTRY Sun (Auckland), Volume IV, Issue 989, 4 June 1930, Page 11
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