Samoan Cocoa Beans
pp. 59-60 · Read in the full issue
For Usa
Prom Our Own Correspondent APIA, July 27. rR the first time this year a large consignment of Samoan cocoabeans has been shipped to the United States market.
The SS Sonoma called on July 27 to lift 450 tons of cocoa from Apia sheds and left the same day for San Francisco.
The prices offered previously by US buyers had compared unfav ourably with prices offered by English, Australian and New Zea land purchasers. As a result, an acute shortage of dollar funds exists in Samoa at the present time and merchants and importers are unable to import even essential goods like timber and canned fish, from the USA and Canada.
Tenders for exclusive cutting and milling rights for the Trans-Busu timber area (near Lae, NG) closed Dn August 10; deadline was charged from the original date of July 6.
The successful tenderer will have about 70 million super feet of timber at his disposal.