Islands Produce
p. 146 · Read in the full issue
otherwise stated, quotations are in Australian currency)
Copra
Papua-NG.—Copra Marketing Board -price: Main ports, Hot-air, £69/5/- per ton;, FMS, £69/5/-; Smoked, £6B/5/-.
Sydney crushers pay: Plantation Hot-air, £9l; FMS, £9O/15/-; Smoked, £9O/2/6.
Australia has a 9 years’ UK contract (based on £ Stg.s9/15/-, 1952).
Fiji.—At Suva and Levuka, 1952: Plan tation Grade (60 points and over) £F6S/0/6 per ton; FMS (45-57V 2 points), £F64/15/-; Lower Grade £P6I/10/- min.
New Hebrides.—Recent quotation at 81 Metrop. francs kilo, c.i.f. Marseilles, (approx. £AIO4/10/-, long ton).
Samoa.—MOF contract is at £65 Stg. per ton Western Samoa; producers re ceive about £lO less.
BSL—Growers receive £A63/10/- per ton, delivered Honiara or £A63/15/- Yan dina, under MOF contract.
Tahiti.—Recent price for Papeete copra: Dry, 7.80 Pac. frs. kilo (£ASS/4/- long ton); Super dry, 8.20 Pac. frs. kilo (£ASB/11/- long ton).
COCOA. —Islands prices are usually based on rate for Accra cocoa (W.
Africa), quotation (from Colyer Watson Ltd., Sydney) for which on Nov. 1 was £Stg.23o (£ A287/10/-) c.i.f. Cont. ports.
N.G. —Recent quotation: £A26O per ton, ex. wharf, Sydney.
New Hebrides.—Recent shipments to USA brought $548.50 per ton (£A22B/10/- per ton).
Samoa. —Sydney agents in November quoted Samoan cocoa at £ 5tg.235 (£ A293/15/-) f.o.b. per ton, first grade. (Samoan currency equals Stg.).
COFFEE.—lslands prices ruling in Sydney in November: — Papua-NG.—lst grade, approx. 7/- lb. ex-wharf Sydney (approx. £760/10/- per ton).
New Caledonia.—Crop mainly exported to France. Marseilles recently quoted; 376-378 M. fr. kilo, ex-store (£A4BS - long ton).
RUBBER.—Australian Rubber Pool quo tation for November shipment.—Papua- NG: 20 5/16d. Stg. per lb., c.i.f. Sydney (approx. 25V2d. Aust.) —Papuan rubber is allowed in primage-free (10 per cent, from elsewhere). Singapore rate (used by Australian firms as basis for buying Papuan rubber), Nov. 1; No. 1 grade RSS (sellers), spot, 79c. lb., c.i.f. (approx. 29 3 /4d.
Aust. lb.).
VANILLA BEANS. —Sydney quotation (by Victor Karp, Tulk & Co.): White Label, 22/-, Yellow, 22/-, Green, 21/- per lb., c.i.f., Sydney.
RlCE.—Rice shipped from Sydney to Islands was fixed in October, 1951, at £75 per ton, f.0.b., White, Unpolished and Brown. (On plantation Papua-NG approx. £100).
Desiccated Coconut. Sydney
agents quote Ceylon, 1/7V 2 lb. spot, de livered to store, Sydney. New Guinea: 2/5 V 2 lb. spot, delivered in store, Sydney.
PEARL SHELL.—Prices fixed betwee Torres Strait producers and Otto Gerda Co. (USA) for 1952 were: AA/A/B grade 85 cents lb. (£ABSO approx, per lon ton); C, 80c. lb. (£A800); D, 55c. It (£ A 550); E, 40c. lb. (£A400); EE, 30c lb. (£A3OO) all c.i.f., New York. Coo Is.—American market has recently show increased interest, with quotations in es cess of 35 cents U.S. per lb., c. & Rarotonga. Current production is abot 50 tons per month.
TROCHUS SHELL.—Sydney agents r« cently quoted: £AI3S per ton for 8.5.: shell. New Hebrides: Recent sales i Sydney at £A9S per ton.
GREEN SNAIL SHELL.—Sydney agenl recently quoted: Ist grade, £AIBS pt ton, 2nd grade, £AI4O per ton for 8.5.: shell.
London Prices
London, Sept. 18.
Copra, c.i.f, Continental Ports, ton.— New Hebrides, Metrop. frs 69,0( Tahiti, Metrop. frs 72,0 C FM Straits/D.E.1., nominal .. Stg.64/10/ Ceylon, F.M.S Nomhn Philippines, bulk, Oct.-Nov. . .. US SIS Coconut Oil, c.i.f., ton.— FM Straits, 3V2% drums .. .. £Stg.£ Ceylon, 1% bulk, Oct.-Nov. .. £Stg.J Philippines US $22 Cocoa, per 50 kilos, c.i.f., Nth. Cor tinental Ports, Stg.— Accra, Oct.-Dec., 247/6; Nov.-Jan., 242/1