at Apia.
p. 26 · Read in the full issue
Copra Prices Rise 40 per cent, at Apia.
From Our Own Correspondent.
APIA, March 20.
DURING the last month, the copra price has been raised twice to European and Samoan producers, which has caused considerable relief and stimulated trade conditions.
It is to be hoped that the copra mar ket keeps on improving, and thus gives a chance to traders and planters to re coup some of their losses of the past year. The price to Samoans stands at present at 1\ cents per lb., and to Europeans the Apia price is £8/10/per ton, which constitutes a rise of £2/10/- or about 40 per cent, during the last month.