Copra
p. 11 · Read in the full issue
Britain’s Offer to Buy NG Copra Federal Cabinet Decision Expected This Month
m H E subject of New Guinea copra has 1 been set down on the Australian . °abmet' S agenda for discussion with frx rmr rh?cp Ce ?vn!i, fhi SI P iir chase from Australia the output of NG £e? r ?on 0r J h he slmUaTta the between the UK and Fiji, Samoa and Tonga. The first year’s fixed price was reported to be in the vicinity of £45 sterling per ton (just over £56 Aust.).
Federal Cabinet’s decision on the mat ter is expected to be announced before the end of February Since the end of World War 11. the Australian New Guinea Production Con trol Board has bought, sold and arranged to ship all New Guinea copra—2s,ooo tons for the Australian market and some 15.000 tons sent abroad. The ANGPCB will continue to do this until a new organisa tion is set up by the Australian Govern ment, should a decision be made to tie in with the UK Ministry of Food.