New W.R.C. Ship in B.S.I.
p. 13 · Read in the full issue
Tulagi, Oct. 18.
THE inauguration of W. R. Carpenter’s direct shipping service was signalised by the arrival of the Salamaua and a welcome rise in the local price of copra, this firm buying at £5/9/- per ton. Later the price rose to £5/15/-. The local copra price had been £2/10/-.
If direct shipment and financial genius enable them to buy at such an ad vantageous price, then the service is more than ever to be welcomed. It is to be remembered that W.R.C. and Co. have a reputation for anticipating the market, and for shrewd buying. Hats off to them!