Price Of Gold

* ,ne Standard oz £lO/9/- oz £9/11/7

April 20, 1940.—Fixed price for plantation hot air dried, £ 12/17/6 per ton, c.1.f., London.

On February 18, 1942, Fiji and Tonga copra.

Ist grade, was fixed at £lB per ton (Fijian), f.0.b.; and In July; Plantation Grade, £lB/8/-; Fair Merchantable Sun-dried, £18; and Under grade, £l7/15/-. The values are stated in Fijian currency. To get Australian or New Zealand values, add 12 Vi per cent.; sterling values, deduct 12Vi per cent.

In April, 1942, unofficial quotations in Sydney were around £24 (Aust.) per ton, c.i.f., Sydney.

July, 1943.—N. Guinea and Papuan copra under Aust. Government control. Fixed prices, payable at port of shipment, or on plantation, where no coastal shipment is involved: Hot-air Dried £l5/10/-; Sun-dried, £l5; Smoke-dried, £l4/10/per ton. These prices subject to circumstantial considerations.

In September, 1943. prices were revised as follows; Hot-air and Sun-dried, £lB/10/-; Smoke-dried, £l7 per ton. Tentative there after.

Government selling prices to processors: New Guinea and Papuan Hot-air and Sun-dried, £2B per ton; Smoke-dried. £27 per ton, ex ship’s slings.

Copra

South Sea, Plantation, Sun-dried : Hot-air Dried.

London to London Rabaul Price on- Per ton, c.i.f.

Per ton. c.i.f.

January 1, 1932 . . £14 0 0 £14 15 0 June 17 . £13 2 6 £13 5 0 December 16 .. £14 2 6 £14 5 0 January 6, , 1933 £13 0 0 £13 12 6 June 30 . £10 17 6 £11 0 0 December 1 .. £8 12 6 £9 0 0 January 5 , 1934 . . £8 0 0 £8 7 6 June 15 . £8 0 0 £8 12 6 December 28 .. £9 0 0 £9 12 6 January 4, 1935 £9 5 0 £10 5 0 June 7 ., £11 15 0 £12 7 6 December 6 . . £12 17 6 £14 0 0 South Sea South Sea Plantation Smoked to Genoa Sun-dried Hot-air Dried London and Marseilles. to London.

Rabaul.

Price on— Per ton, ( c.i.f.

Per ton, c.i.f.

Per ton. c.i.f.

Jan. 3, ’36 £13 2 6 £13 15 0 £14 0 0 Mar. 6 . . £11 15 0 £12 15 0 £13 0 0 June 5 £11 10 0 £12 0 0 £12 17 0 Sept. 4 . £13 2 6 £13 10 0 £14 12 8 Dec. 4 £19 7 6 £19 7 8 £20 7 1 Jan. 8, ’37 £22 12 6 £22 12 6 £22 12 6 Mar. 5 . £19 0 0 £19 5 0 £20 0 0 June 4 £15 15 0 £15 12 6 £16 12 « Sept. 3 . £13 5 0 £13 5 0 £14 0 0 Dec. 3 £12 10 0 £12 12 6 £13 7 8 Jan. 7. ’38 £12 12 6 £12 15 0 £13 12 8 Mar. 4 £10 17 6 £11 0 0 £12 0 8 June 3 £9 15 0 £9 15 0 £10 12 8 Sept. 2 . £9 10 0 £9 10 0 £10 10 0 Dec. 2 £9 5 0 £9 5 0 £10 2 8 Jan. 6, ’39 £9 12 6 £0 15 0 £10 10 8 Feb. 3 . £9 10 0 £9 12 6 £10 10 0 Mar. 3 . £10 0 0 £10 2 6 £11 0 0 Apr. 6 £9 12 6 £9 15 0 £10 12 8 Maj 5 . £10 0 0 £10 5 0 £11 0 0 June 2 £10 7 6 £10 10 0 £11 7 8 July 7 . £9 2 6 £9 7 8 £10 9 0 Aug. 4 £9 2 6 £9 5 0 £10 5 0 Sept. 1 , £9 10 0 £9 12 6 £10 12 8 Sept. 8.—Not quoted—outbreak of war.

Sept. 15 to 29.— •Not quoted.

Oct. 6 . . £11 15 0 [unquoted] £12 15 8 Oct. 12.— -Fixed price based on £12/7/6 per ton. c.i.f., London, for plantation hot-air dried.

Jan. 8, 1940, to April 20, 1940.—Fixed price for plantation hot-air dried, £13/5/- per ton. c.i.f..

London.