Islands Produce
p. 170 · Read in the full issue
(Unless otherwise stated, quotations are in Australian currency. Aust. £ equals approximately 16/- Stg., NZ, or W.
Samoa; 18/- Fiji; 20/- Tonga, Solomons & WPHC areas; 140 Pac. Francs; SUS 2.23.)
Copra
Price negotiated between British Ministry of Food and British South Pacific Territories for 1956 was £ 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 Ai R
£ A62/10/-; FMS (Sun-dried) £A6I/15/-- Smoked £AS9.
FlJ!:—Plantation £FS7/5/6 for top g ™ S £FS7 : nioister grades £ F55/18/- to £FS4/2/- minimum.
W. SAMOA:—Basic price of £836/14/4, which varies according to distance of producing district from Apia.
E SAMOA:—Adjusted with free-market fluctuations. Recently $89.60 (£A4O approx.) per long ton. Periodic bonus, if average proceeds exceed Government buy ing price. y P??i L /?^° NS l ;r Honiara/Gizo: Hot Air f aS v MIX f d HA / pM £AS7; FM £ A52/10/-; Yandma: 5/- higher M?v^i H ? B^ S; Buying P rice ™se on May 11, to 7,000 Pac. francs (£A49) de to Ve ß e nnn V p la/Sant °, but receded in June to 6,000 Pac. frs. (£A42). 8 OCEANIA : —ApriI; Top grade f- 3 X P + \ francs per kilo (£A6O/12/- per °" g B t ° n) , ln f tore ’ Pa P e ete: minimum ?£A<Q f «Ar^ WeSt * gr ? de 5 ‘ 35 PaC - franCS (£A39 per long ton). £T?6/5/- : A Grad6 ’ £TS2/5/ - : B Grade - OK IS - : —Local price is based on • £N i? s it' /14^4 (£st S-58/10/-) per ton f.0.b., in bulk. tv,9°,9? A /~ Isl A ands P rices are based on the rate for Accra cocoa which, on June 8. was £ Stg.2o3/15/-, c.i.f.
P.-N.G.: Good grade, £A23O, ex wharf Sydney.
W. SAMOA: June 8, £Stg.2oo, f.o.b.
Apia.
COFFEE;—p.-N.G.: Top grades 5/5 lb. s y dne .y; Fr - Oceania: 75 francs per kilo, unhusked.
PEANUTS:—p.-N.G.; In shell, large, well cleaned, 1/7 per lb. del. Sydney; kernels, 1/3 lb. del. Sydney.
RUBBER:—p.-N.G. price is based on Singapore rate, which on June 11 was' ?9°« -»oi a llB . B, Spot ’ 80 Straifc s cents
(28.32 d Aust.) per lb.
VANILLA BEANS: Victor Karp, Tulk & Co., Sydney, reports that no supplies are available until new crop is ready, about August. Nominal prices June 12 were- C.i.f Sydney, Tahiti White and Yellow label, processed, standard packs, 61/- Green, 60/- per lb. ' RICE (Australian):—Price adjusted May 1 each year. P.-N.G.: Dry brown and dressed, 112 lb. bags, 5 tons and over,
£62 per ton, f.0.b.; under 5 tons £62/101 Vitamized and enriched whit 112 lb. bags, 5 tons and over, £6B/10 mL °» f,O T'i Ul i der 5 tons> £69 P er ta Other Pac. Islands: Dry, brown, etc. £ per ton, f.o.b. Sydney or Melbourne. o*f E -f RL SHELL.— Prices between Torr f‘ ra !* producers and otto Gerdau c (USA) for 1956 still not finalised— Gerds representative at present in Australia co; ductmg negotiations. Manihiki: Lagoo closed. Penrhyn. No quotation by Sydm Tuamotus: approx. £A1.300, loi ton, for raw shell on beach, Hikueru.
TROCHUS:— Market uncertain—June ■ quotation for: New Hebrides, N.G. a* 8.5.1. between £4BO and £5OO per to; according to grade.
GREEN SNAIL:— SW Pacific in ctn, Sydney, £440-£450, subject fo’rejects
London And U.S. Prices
Copra:—London, June 8, Straits c i sUs y i e s? ™ £st g- 6 6/i5/-; Philippine $U.5.157.50, c.i.f. Pac. Coast, del. weight in C K C ?i! lUt i London , June 8: Ceylo; m bulk, 1% FAA. £Stg.96/15/-, c.if p. cTi S per lt ton bUlk ’ 31/a% FFA ’ £St^-93 ’/ 5 / Cocoa:—London, May 18: Gold Coa Coffee f -’r (bU H yerS) £Stgl93 toi Coffee,—London, May 18: Uganda R< f n S h a \f rad u 10, prom P t shipment £Stg.2 npr b '<*n M t^ basa " Santos > extra prime, 490 per 50 kilos, in bond.
St? 29 b / e H : ~A L T ondon ’. June 11: s P Qt buyer d ; * Ma y Cl -*- 5tg.223/ 4d . ; oct.-Dec