Copra Stocks
p. 65 · Read in the full issue
Samoa Clears Her Copra Stocks
Prom Our Own Correspondent APIA, Sept. 12.
THE large accumulation of copra stored in Apia sheds is now being cleared at a rapid rate and there are pros pects of shipping some 5,000 to 6,000 tons during the present quarter.
Some balance of “pigs’ feed” copra purchased by the NZ Government for Dominion farmers 2,000 tons has already been sent away. Some 1,300 tons have been shipped to the Canadian market, and it is expected that large consignments will go forward shortly to Mexico.
The copra price has not advanced as yet, but probably will be increased after the present accumulation has been moved. A price rise should stimulate copra-cutting by the natives.
Mr. T. Grahamslaw, Collector of Cus toms at Port Moresby, is in Sydney on leave.
