The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 16 October 1945Vol. XVI, No. 3

Price Of Gold

p. 66 · Read in the full issue

Sept. B.—Not quoted—outbreak of war.

Sept. 15 to 29.—Not quoted.

Oct. 6 . . £ll 15 0 [unquoted] £l2 15 0 Oct. 12. —Fixed price based on £l2/7/6 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, £l3/5/- per ton, c.i.f., London.

April 20, 1940.—Fixed price for plantation hot air dried, £l2/17/6 per ton, c.i.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/5/-; 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 V 2 per cent.; sterling values, deduct 12 V 2 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.

New prices covering the period October 1, 1943, to June 30, 1944, were declared in September, 1944, as follows; Hot-air and Sun-dried, £lB/10/per ton: Smoked, £l7/10/- per ton.

Prices to operate from July 1, 1944, were ten tatively fixed at! Hot-air and Sun-dried, £l9; Smoked, £lB per ton.

fine Standard oz ... £10/13/6 oz £9/11/7

London Price January 1, on— 1932 ,

Copra

South Sea, Sun-dried to London Per ton, c.l.f, .. .. £14 0 0 Plantation.

Hot-air Dried, Rabaul Per ton, c.l.f. £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 .. . £3 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 Smoked to Genoa Sun-dried Plantation Hot-air Dried London and Marseilles, to London.

Rabaul.

Price on— Per ton, c.l.f.

Per ton, c.l.f. Per ton, c.l.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 6 Dec. 4 £19 7 6 £19 7 6 £20 7 6 Jan, 8. '37 £22 12 6 £22 12 8 £22 12 6 Mar. 5 £19 0 0 £19 5 0 £20 0 0 June 4 . £15 15 0 £15 12 6 £16 12 6 Sept. 3 . £13 5 0 £13 5 0 £14 0 0 Dec. 3 . £12 10 0 £12 12 6 £13 7 6 Jan. 7, ’38 £12 12 6 £12 15 0 £13 12 6 Mar. 4 . £10 17 6 £11 0 0 £12 0 0 June 3 £9 15 0 £9 15 0 £10 12 6 Sept. 2 . £9 10 0 £9 10 0 £10 10 0 Dec. 2 . £9 5 0 £9 5 0 £10 2 6 Jan. 6, ’39 £9 12 6 £9 15 0 £10 10 0 Peb. 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 6 May 5 . £10 0 0 £10 5 0 £11 0 0 June 2 £10 7 6 £10 10 0 £11 7 6 July 7 . £9 2 6 £9 7 6 £10 5 0 Aug, 4 . £3 2 6 £9 5 0 £10 5 0 Sept. 1 . £9 10 0 £9 12 6 £10 12 6