. Commercial fisheries review. Fisheries; Fish trade. 46 COMvERCIAL FISBERISS REVIEW Vol. 12, No. 10 purchase of canned fish before Inarch 31, I949i certain stocks still remained in warehouses at tnat date pendiiig shipment. The loss incurred in the 1949-50 fiscal year in disposing of this halance aiaouiited to C$604,985. ^e loss incurred in the previous fiscal year was C.$538,988, bringing the total cost for this program up to 0^^1,143,973, according to a July 10 American Embassy dispatch from Ottawa. A limited program to assist Newfoundland fishermen (but not processors) by the purchase of I
. Commercial fisheries review. Fisheries; Fish trade. 46 COMvERCIAL FISBERISS REVIEW Vol. 12, No. 10 purchase of canned fish before Inarch 31, I949i certain stocks still remained in warehouses at tnat date pendiiig shipment. The loss incurred in the 1949-50 fiscal year in disposing of this halance aiaouiited to C$604,985. ^e loss incurred in the previous fiscal year was C.$538,988, bringing the total cost for this program up to 0^^1,143,973, according to a July 10 American Embassy dispatch from Ottawa. A limited program to assist Newfoundland fishermen (but not processors) by the purchase of I949 carry-over stocks of salt cod was announced by the L'inister of Fisheries in the House of Commons on June 28. The Fisheries Prices Support Board will undertake this buying at prices averaging two-thirds of the prices prevailing at the beginning of last year. NOTE-. VALUES SHOWN IN CANADIAN DOLLARS (c$). THE CANADIAN DOLLAR AT THE OFFICIAL RATE IS WORTH $ Chile DEVELQPIJENT ^ FISEfflRIES PLANNED: The Chilean Government has maintained its policy of fostering the fishing industry, according to an August 8 American Em- bassy dispatch from Santiago. Chile's fisheries were surveyed during April and i/iay by a representative of the Food and Agriculture Organization. The Corporacion de Formento de la Pro- duccion, on the basis of recommendations made in this survey, has announced a program which includes the building of fish'processing plants; the development of a whaling industry, hydrogenation of fish oil, and ship construction; aid to fishery schools and organizations; improvement of marketing facilities; and prep- aration of a map of Chilean fisheries. y Costa Rica GROUP gi_ DANISH FISKEHI'.fflN W_ JlWl'mD TO DEVELOP COSTA RICAN FISHERIES: The Government of Costa Rica invited a group of Danish fisherraen to visit Costa Rica. This group is interested in transferring a fishing fleet and processing factories to Costa Rica in order to catch and preserve tuna and other fi
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