Slands Produce
p. 143 · Read in the full issue
JCnless otherwise stated, quotations are in Australian currency)
Copra
(The following are based on the MOF contract prices for 1953 in the Territories samed.) PAPUA-NEW GUINEA.—Copra Market ng Board rates: Main ports, Hot air, 270 per ton; FMS, £69/5/-; Smoked, :*66/10/ —at main ports (except Kokopo, >here rates are 17/6 less). Sydney ■rushers pay: Plantation Hot-air; £9l; ['MS, £9O/15/-; Smoked, £9O/2/6.
FIJI. —At Suva and Levuka, 1953; [■lantation grade (60 points and over) 2F66/5/6 per ton; FMS (45-57 V 2 points) ;F66; other grades £F64/15/-- £F62/15/-.
W. SAMOA.—MOP contract is £Stg.6s >er ton, f.0.b., Western Samoa; producers ■eceive about £lO less.
BSl.—Prices based on MOF contract of [iStg.6s, per ton, f.o.b. Rates to pro .ucers are: £A62/3/4 per ton, delivered Honiara; £A63/3/4, delivered Tulagi or randina; £A62/18/4, delivered Gizo.
NEW HEBRIDES.—Recent quotation: 93 lletrop. francs per kilo in store, Marseilles £AI2O approx, per long ton).
FRENCH OCEANIA.—Tahiti: 10.25 francs >er kilo (£A74/6/- per long ton); Tuamotu 10.80 francs per kilo (£A74/6/- ■er long ton).
COCOA. —Islands prices are usually »ased on rate for Accra cocoa (W.
Urica), quotation (from Colyer Watson jtd., Sydney) for which on July 1 was £ 5tg.245 (£ A307/5/- approx.) c.i.f. ton, lent. ports.
N.G. — £ A 290 approx, per ton, in store, Jydney.
New Hebrides.—Sales to France recently irought: 255-260 Metrop. francs per kilo £ A 32- £ A 332 approx, per long ton) for luperior grades; average grades, 240 detrop. francs per kilo. (£A3O9 approx. >er long ton); all in bond Marseilles.
Samoa.—Sydney agents in July quoted iamoan cocoa at £Stg.26o (£A325 ipprox.) f.o.b. per ton, first grade.
Samoan currency equals Stg.) COFFEE. —Islands prices ruling in July ?ere: Papua-N.G.—Few sales in Sydney ately; first of new season’s crop expected o arrive shortly. Most recent price was nominal) 6/- per lb. (£672 per ton).
New Caledonia. —Crop mainly ex erted to France. Recent quotation was 98 Metrop. francs per kilo (£ASI3 ipprox. per long ton).
RUBBER. Papua-New Guinea. —Market luctuates from day to day, based on price filing in Singapore. Quotation on July 7 vas: 31d Aust. lb. Singapore rate fuly 8 No. 1 grade RSS (sellers) spot 15c. lb. c.i.f. (approx. 28V4d Aust. lb.).
VANILLA BEANS. —Sydney quotation (by fictor Karp, Tulk & Co.): Tahiti; White 25/9; Yellow, 25/9; Green, 24/9; ill per lb. c.i.f. Sydney. Market quiet it moment owing to between seasons lull; lew crop due July-August.
RICE.—New season’s (1953-1954) price: ‘apua-N.G.—Dry brown £9O per ton; Pressed £96 per ton. Other Pacific Is., ixcept NZ dependancies, £96 per ton.
Desiccated Coconut. Sydney
igents quote Ceylon, 1/6 Stg. per lb. pot, delivered to store, Sydney (l/10y 2 per lb.). New Guinea: 2/5 x / 2 lb. pot, delivered in store, Sydney.
PEARL SHELL.—Prices fixed between Forres Strait producers and Otto Gerdau 30. (USA) for 1953: AA/A/B grades 15 cents lb. (£ABSO approx, per long «n); C, 80c. lb. (£ A 800); D, 55c. lb. [£ A 550); E, 40c. lb. (£A400); EE. 30c. b. (£A3OO) —all c.i.f., New York. New >rices expected shortly. Cook Is.—
Manihiki Blacklip; American market firm at 35 cents US per lb., f.0.b., Rarotonga.
Producers currently receiving 1/8 lb. Aust. (approx. £AIB7 per long ton). Tuamotu blacklip: Divers receive 47 Pac. fr. per kilo (£ A 336 per long ton) on beach.
TROCHUS SHELL.— No interest been shown in shell in Sydney lately—last Quotations were: 8.5.1., £AI3S per ton; New Hebrides, £AIBO approx, per ton; N.G., £A2OS-£ A2lO per ton. Fiji, reported Japs, recently offered £FIBO per long ton.
GREEN SNAIL SHELL.—Sydney agents recently quoted: N.G.—£2lo per ton.
N.H. —Ist grade, £220 per ton; 2nd grade, £lB5 per ton. 8.5.1. £2OO per ton.
PEANUTS. —Papua-N.G: Still no sales in Sydney owing to competition from Northern Rivers (NSW) crop which should be on the market for about another two months. Last price was 2/- per lb.
London Prices
London, May 14.
Copra, c.i.f., Continental Ports, ton.— New Hebrides, May-June 91,500 Metrop. fr. (£ AllB approx.) Tahiti. May-June . .. 94,000 Metrop. fr. (£ Al2l/10/- approx.) FM Straits, June-July £Stg.Bs (£AIO6/5/- approx.) Ceylon, FMS Nominal Philippines, bulk, June-July .. USS2O7V 2 (£ ABB/17/- approx.) Coconut Oil, c.i.f., ton.— FM Straits, 3Vfe% drums .. .. £Stg.l2s (£ A159/5/- approx.) Ceylon, bulk £Stg.l2l (£AISI/5/- approx.) Cocoa, per 50 kilos, c.i.f., Nth. Con tinental Ports. — Accra, May-July, £Stg.l3/2/6 (£A2B7/10/- approx, per long ton.)