Islands Produce

L Cn An:tr“.l^ W i 5 0 %etc‘ y ed 'AST a £ approximately 16/- Stg., NZ, or W.

Samoa; 18/- Fiji; 30/- Tonga, Solomons & WPHC areas; 140 Pac. Francs; $U52.23.)

Copra

Price negotiated between British Ministry of Food and British South Pacific Territories for 1955 is £Stg.6s, FOB main ports—a reduction of 7.14% on the 1054 price. Stabilisation funds and other charges reduce the actual prices to pro ducers to those given below, per ton:

Papua - New Guinea:—Hot Air

£69/15/-; FM (Sun) £69; Smoked £66/15/-.

FlJl;—Plantation £F63/5/6; FM £F63; moister grades to £FS9/15/- minimum.

W. SAMOA:— £S42/6/-, £B4l/18/-, and £S4I/12/- tor the three gradings in use.

E. SAMOA:—Adjusted with free-market fluctuations. Currently $88.60 (£ A4O approx.) per long ton. Periodic bonus if average proceeds exceed Government buy ing price.

SOLOMONS:—Honiara / Gizo: Hot Air £ A6B/10/-; Mixed HA/FM £ A 64; FM £AS9/10/-; Yandina; 5/- higher.

NEW HEBRIDES:—Nov. 1: Merchants paying 6,150 Pac. francs (£A43/1/-) de livered Vila/Santo.

FRENCH OCEANIA:—Latest quotation 7.00 Pac. francs per kilo (£A49/5/approx., per long ton) delivered in bulk, Papeete, for top grade.

TONGA;—£AS9 and £AS3 per ton for the two gradings in use.

COOK IS.:—Growers receive £Stg.37 to £Stg.3o depending on quality and freight rates from particular island to Rarotonga.

COCOA:—lslands prices are based on the rate for Accra cocoa which, on Nov. 7, was £Stg.2s6/5/- f.o.b. p.-N.G.: £A3IS. delivered Sydney.

W. SAMOA; Nov. 4: £Stg.26o, f.o.b.

Apia.

COFFEE:—P.-N.G.: Top grades 5/3 lb.

PEANUTS: —P.-N.G.: Market only for Virginia Bunch, in shell, large, well cleaned, 1/4 per lb. delivered Sydney.

RUBBER:—P.-N.G. price is based on Singapore, which quoted Nov. 4, No. 1 RSS, spot 107 Vz cents (30.3 d Aust.).

VANILLA BEANS: Victor Karp, Tuik & Co.. Sydney, quoted Nov. 7. Buying price, c.i.f. Sydney, Tahiti White and Yellow label, processed, standard packs, 45/3, Green, 43/-.

RICE (Australian):—Price adjusted May 1 each year. P.-N.G.: Dry brown and dressed £65 per ton, f.o.b. To other Territories £7B per ton, f.o.b.

PEARL SHELL.—Prices fixed between Torres Strait producers and Otto Gerdau

Co. (USA) for 1955: Sound grades, £A* D, £A39O; E, £A3OO; EE. £A225, , f.o.b. Australian port. Manihiki: Lag. closing throughout 1956. Last shipm £ ABOO c.i.f. Sydney. Divers transfer! to Penrhyn. Tuamotu; £A725, long on beach, or £A1,015 f.o.b. Papeete. .

TROCHUS:—Nov. 7. in store Sydfc subject to rejects. P.-N.G. to £490. .

New Caledonia: 52,000 Pac. francs < metric ton (£A37O approx.) in s Noumea. Season closed Oct. 31.

Green Snail:—P.-N.G., In S

Sydney, to £420, subject to rejects.

London And U.S. Prices

Copra:—London. Nov. 3: Straits, o £Stg.6s Philippines SUSI 77, del. wei|i Cont. Ports; N. Hebrides, afloat, OctJ 69,250 Metro. francs per long ( £ AB9/6/-).

Cocoa: —London, Oct. 14: Gold CC new season, Nov.-Jan. delivery, c.i.f. T £Stg.27o per long ton; New York, 6 33% cents; Futures: Dec. 32.06; Mar. 32.55; May. 32.69 cents lb.

Coffee:—London, Oct. 14: Uganda nr robusta, unwashed, f.a.q., prompt del;! £Stg.292/10-. Nov.-Dec. £Stg.3Bl fl Santos, £Stg.49l/10/- in bond, Londo Trochus:—London, Oct. 14: Singaf early delivery, £Stg.49s; Singan Macassar, £Stg.46s c.i.f.

Greensnail: Singapore £Stg.36o c.t Rubber;—London, Nov. 4: Spot, bic 32%d Stg.; Apr.-June, 1956, 31%d; 32V4d c.i.f.