Islands Produce
p. 162 · Read in the full issue
<Unless otherwise stated, quotations are in Australian currency)
Copra
T l^ e official price paid by the British Ministry of Food for copra produced in British Territories in the South Pacific (Papua, New Guinea, Solomons, Gilbert nnd Ellice, Fiji, Tonga, Samoa, Cook Islands) for the year as from January 1, 1954, is approximately £7O Sterling per ton, f.0.b., chief Territories ports. Each Governmental authority, handling and shipping the copra, makes deductions from the £7O Stg., such charges being different in each Territory. The following
are the prices now being paid, per ton, to growers in different Territories:—
Papua And New Guinea
Fiji
Pltn. . .. £F7O 15 6 (60 pts. & over) PMS . .. £P7O 10 0 (45-57V2 pts.) W. SAMOA;—No details—producers ex pect about £ NZSB in 1954.
SOLOMON IS. AND G. AND E. COLONY: —No details—producers should receive about £ A66/8/- delivered at main ports.
Currency Note: Compared with Sterling, NZ St £ fs 20/ W ° rth 15/ "’ £lB 17/6 ’
COCOA.—lslands prices are usually based on rate for Accra cocoa (W.
Africa), quotation (from Colyer Watson, Ltd., Sydney) for which on September 5 was £Stg.432/10/- (£AS4I approx.) c.i.f., ton, Cont. ports.
N.G.— £550 approx, per ton, in store, Sydney.
Samoa.—Sydney agents in September quoted Samoa cocoa at £S4SO (£A563/10/approx.), f.o.b, per ton, first grade.
COFFEE.—P.-N.G. Recent overseas market decreases have brought Territories Coffee to 7/3 per lb. MANGAIA (Cook Islands). —Robusta, green, unprocessed V- -2/- per lb. on plantation.
PEANUTS.—P.-N.G.:—Little change from last month. Stiff opposition from superior grade Australian nuts has made it In creasingly difficult to dispose of P.-N.G. nuts. Price: Kernels 1/3 - 1/5.
RUBBER.—Papua - New Guinea; Price based on Singapore figure which fluctuates from day to day. Quotation on September 3 was 25%d Aust. lb. Singapore rate Aug. 5 No. 1 grade RSS (sellers) spot 67 7 B c. lb. c.i.f. (approx. 23d Aust. lb.».
VANILLA BEANS.—Sydney quotations by i Victor Karp, Tulk & Co.i: Tahiti.—Sup plies still overdue owing to late curing: White 80/-, Yellow 80/-, Green 76/-.
RICE.—New season’s (1954-1955) price is: P.-N.G.—Dry brown and dressed £B3 f.o.b. per ton. Other Pacific Islands, in cluding N.Z. dependencies, £9O.
PEARL SHELL.—Prices fixed be' Torres Strait producers and Olto G Co. (USA) for 1954: AA/A/B gi 85c lb. (£ AB5O approx, per long ton 80c lb. (£A800); D, 55c lb. (£ASSC 40c lb. (£A400); EE, 30c lb. (£A2 aU c.i.f., New York. No change fron season. Manihiki.—£A3Bo c.i.f., Aucl
Trochus Shell.—N.G.: Market
unstable in Sydney at present. R price £320. Fiji, £FI7O per ton Suva.
Green Snail Shell.—N.G., Ist
£230 per ton less rejects; Spotted £BO both ex-wharf, Sydney. N.H. supplies in Sydney lately. 8.5.1., ] grade £175-£l9O, Spotted £BO ex-v
London Prices
London, July
Copra, c.i.f., Continental Ports, t New Hebrides .. .. 77,000 Metrop. f (£ A99/7/- app Coconut Oil, c.i.f. Continental Ports, t (£ ABB/15/- app Philippines, July-Aug (£ AB2/7/6 app Coconut Oil, c.i.f., Continental ] PM Straits, Aug. shipment £SI (£ Al2B/15/- app Ceylon, Aug. shipment .. .. £SI (£ A132/10/- app Cocoa, per 50 kilos, c.i.f., Nth. tinental Ports;— Accra ££ (£ A 625 approx, per long
At Main Crushers, Ex- Hot Air Ports ship Sydney £ A75 0 0 £ A97 0 0
Fms ..
£ A74 5 0 £ A97 0 0 Smokedried £ A71 10 0 £ A96 0 0