Islands Produce

(Unless otherwise stated, quotations are In Australian currency. Aust. £ equals approximately 16/- Stg., NZ, or W.

Samoa; 18/- Fiji; 20/- Tonga, Solomons X WPHC areas; 140 Pac. Francs: SUS 2 23.)

Copra

Price negotiated between British Ministry of Food and British South Pacific Territories for 1956 W'as £Stg.sB/10/- FOB main ports—a reduction of 10% on the 1955 price. Stabilisation funds and other

charges reduce the actual prices to pro ducers to those given below, per ton:

Papua - New Guinea:—Hot Air

£A62/10 -: Fms 'Sum £A6I/15/-;

Smoked £AS9.

FlJl:—Plantation £FS7 for top grade.

W. Samoa:—£S3B/2/-, £S37/14/-, And

£S37/9/- approximately for the three gradings in use.

E. SAMOA: —Adjusted with free-market fluctuations. Currently $89.60 (£A4O approx.) per long ton. Periodic bonus if average proceeds exceed Government buy ing price.

SOLOMONS;—Honiara / Gizo: Hot Air

£A6I/10 -; Mixed Ha/Fm £As7; Fm

£ A52/10/-; Yandina: 5/- higher.

NEW HEBRIDES;— Buying price Apr. 9, 5,600 Pac. francs i£A39./4/-) delivered Vila/Santo.

FRENCH OCEANIA:—Mar. 1. top grade 8.36 Pac. francs per kilo (£A6O/12/0 per long ton) ir store, Papeete. Minimum price for lowest grade 5.35 Pac. francs (£A39 per long ton).

TONGA; —1956 prices not yet available.

COOK 15.;—1956 prices not yet avail able.

COCOA:—lslands prices are based on the rate for Accra cocoa which, on Mar. 6, the rate for Accra cocoa which, on Apr. 10. was £Stg.lB7/10/- f.o.b.

P.-N.G.; £ A 235. delivered Sydney.

W. SAMOA: Apr. 10. £Stg.2os, f.o.b.

Apia.

COFFEE:—P.-N.G.: Top grades 5/6 lb. in store, Sydney; Fr. Oceania; 60 francs per kilo, unhusked.

PEANUTS:—P.-N.G.: Market only for Virginia Bunch, in shell, larere, well cleaned, 1/5 per lb. delivered Sydney.

RUBBER;—P-N.G. price is based on Singapore, which quoted April 9, No. 1 RSS, spot 92 cents (3/6d Aust.t.

VANILLA BEANS: Victor Karp, Tulk & Co., Sydney, quoted Apr. 10 buying price, c.i f. Sydney. Tahiti White and Yellow label, processed, standard packs, 42/6.

Green. 41/6 per lb.

RICE (Australian);—Price adjusted May 1

each year. P.-N.G.: Dry brown and dreg £62/10/- per ton, f.o.b.

PEARL SHELL. —Prices between Tok Strait producers and Otto Gerdau W (USA) not yet fixed for 1956.

Lagoon closed. Penrhyn: £B6O c; Sydney. Tuamotu: £A9IO, long ton* raw shell on beach, Mangareva.

TROCHUS:—ApI. 9. in store Sydp subject to rejects, SW Pacific £550« ton.

New Caledonia; Season closed Oct* GREEN SNAIL:—SW Pacific, in st Sydney, to £445, subject to rejects! [

London And U.S. Prices ]

Copra:—London, Apr. 10. Straits, I.: £Stg. 66/10/-; Philippines, SUSIBO, o Pac. Coast, del. weights.

Cocoa:—London. Mar. 31: Gold C(' May del. c.i.f., £Stg.lB3 long ton. 1 Coffee:—London, Mar. 31: Uganda* busta f.a.q., Apr.-May £Stg.249 f, Mombasa: Santos, May. £Stg.463/9/* Shell: —London. Feb. 16, Singai trochus, £Stg.sBs c.i.f. Green® £ 5tg.565 c.i.f.

Rubber:—London. Apr. 9, Spot buj Stg.27%d; Feb. c.i.f. afloat Stg.27d: JJ Sept., Stg.26%d.