Islands Produce
p. 174 · 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 mam 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
,Sun - dried ' £PSS/18/- to £FS4/2/- minimum.
SAM 9 A: Basic price of £836/14/4 which varies according to distance of producing district from Apia.
E. SAMOA;—Producers receive 5 rente b. (SUSII2 or £ A5O approx per Tong ton). Periodic bonus, if average proceeds penses. G ° Vernment Price and ex £A?i L /?^ ONS A^ H^ nia « a/Gizo: Hot Air v Mlxed HA/FM £AS? ; PM £ A52/10/-, Yandma; 5/- higher i price on fi non ll J 7,000 Pac ‘ f rancs (£A49i to 9 rancs ,£A42) delivered Vila/ d WaS Still at that rate ear] y 8 ifi ß p? CH f OCEANIA; —ApriI: Top grade 8.36 Pac francs per kilo (£A6O/12/- per f° n in store ’ Papeete; minimum Vza™ Zr 1 ° west g rade 5.35 Pac. francs ( £ A 39 per long ton). £T?6/?/- : A Grade ’ £TS2/5 / - : B Grade, Is -:—Local price is based on £NZSB/14/4 (£Stg.sB/10/-) per ton f.0.b., in bulk. Outer islands copra producers receive approx. 3V 4 d N.Z. per lb eaual to £ N.Z.30 per ton. Q COCOAlslands prices are based on the rate for Accra cocoa which, on July 12 was £Stg.222/10/-, c.i.f.
P.-N.G.: Good grade. £A235, ex wharf Sydney.
W. SAMOA; July 11, £Stg.2oo, f.o.b.
Apia.
COFFEE:—P.-N.G.: Top grades 5/5 lb. in store, Sydney; Fr. Oceania: 75 francs per kilo, unhusked.
PEANUTS:—P.-N.G.; In shell, large, well cleaned. 1/7 per lb. del. Sydney; kernels, 1/4 lb. del. Sydney.
RUBBER:—P.-N.G. price is based on Singapore rate, which on July 11 was: No. 1 RSS, spot, 95 Straits cents (33.63 d Aust.» per lb.
VANILLA BEANS: Victor Karp, Tulk & Co., Sydney, reports that early supplies from the new crop are nominally quoted at; C.i.f. Sydney, Tahiti White and Yellow label, processed, standard packs 64/- Green, 62/- 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 £62/10/per ton. Vitamized and enriched white, 112 lb. bags, 5 tons and over, £6B/10/-
miL tO B f ° T'i under 5 tQ ns, £69 per ton] Other Pac. Islands: Dry, brown etc £7ftl -TStto %J£u ?r? us iTt r p S uc s| ?A7 n 3 ‘VaJS*’, ‘ e - : Sound’ll all f’of £ A39O; E, £A3OO; EE, £A225;i all . Australian ports- mid-iqs4 £ U AB6O°920 by n ind^ P A e « I ?, dent pearlers: Sound! tTtT 8 0. 9^ 0, D ’ £ A6OO-650; E £A4OO-4 P in’- EE, £A275-300. Manihlki; Lagoon closed’
Tuamoiiis: Approx. £A1,300, long ton for raw shell on beach, Hikueru S 1 ’ 1 Pa?rfi EEN SNAIL;—Quote No. 1- sf f a< r lfi , c ’ ln , stor e Sydney, £460-£4BO sub ject to rejects; quote No. 2: £4OO.
London And U.S. Prices
buye?s ra: “i'?^ Straits,
e.i.i Pac. CoXt 63 del P weggS eS SUSI4S -n Co b“r 1T1 I6 c : , fceylon c°ix, p/r al t t on. bUlk ’ *** 'istgs£ Jyiy, in bond (buye^ e £Stg.2oVlo/- C l O o a ng Coffee—London, June 16: Uganda Rn shlpSenf, rade £ st° B 2 S nWa f sded) ' jfM/JWr ex tra b per^ sS/ b ? P r London ' June 16: Spot bu y ers -