Islands Pro

(Unless otherwise stated, quoi In Australian currency. Aust. approximately 16/- ste., n: Samoa; 18/- FIJI; 20/- Tonga. S WPHC areas; 168 Pac. Frs.; SUS

Copra

The British Ministry of Po< Contract, which governed Coi in Papua and New Guinea, Pi; Samoa. Solomon Islands, and C Ellice Colony (and. to some Tonga and Cook Islands) explr cember 31, 1957; since when e tory has made Its own arrangi collection and marketing of cc

Papua-New Guinea:—Aii

Is delivered to Copra Market! controlled by six members, inclu planters’ representatives; and directs distribution and sales, i payments to the producers, goes mainly to (a) Unilever (x. tract covering 1959), (b) Aust local consumption) and (c) cn in Rabaul. Prices generally ar accordance with ruling rate in I market, with premiums for hot From July 22, 1959. P-N Board announced “Tentative Pi copra delivered main ports; Hot £A72/10/- per ton; FMS, £A7I Smoke-Dried, £A7O per ton.

FIJI:—No Government control sell where they wish. Bulk of « to crushing-mill in Suva, wh on wharf. Suva, is announced e On Aug. 3, prices were HAD, i

Fmi, £ P63/7 /6; Fm2. £F62.

Western Samoaofflci

Board receives all production, same and makes payments to Large proportion goes to Un Philippines FM grade rates, miums up to £Stg3 per ton air dried. Prices announced ii 1959, to operate till further noi air dried, £S67/13/8 per ton; No. 1, £865/3/8; sun-dried, £B6l/13/8.

TONGA:—Sales are under Gc control. Part of production goes t under arrangement with Unlle trolled by Philippines prices, on to open market.

SOLOMONS:—AII production through official Copra Board, based on Philippines market. ] dared in August; Ist grade. £: grade. £A72; 3rd grade, £A6B, f.0.b.. PStp ports.

Gilbert And Ellice:—F

marketed in Europe through offlc Board, at prices based on P 1 rates, less “stabilisation fund” etc.

E. SAMOA:—Producers receive 4i (SUSB9.6 or £A4O approx, per Ii Periodic bonus, if average proceei Govt, buying price and expenses!

NEW HEBRIDES;—Un change* early July when local buving p £A4S per ton. delivered Vila/S?

July 31, price was 103.000 Metroi per metric top. c.i f. Marseilles

Cook Is. /Niue/Tokela U: Pn

for first half of 1959. by Abels.

Auckland, who mill it, was anno;

as follows; Standard Grade; /6 plus £1 for bags, plus remlum, totalling £NZ69/0/6. ic j e - £NZ66/15/6 plus £1 for is £l/5/- premium, plus £l/5/emium for hot air dried, total -70/5/6. f.0.b., Rarotonga.

The prices have been adjusted half of 1959, but as it was not sther they were f.o.b. Rarotonga, uckland they cannot be printed er clarified.)

Other Produce

—lslands' prices are based on the ■hana cocoa which, on August 6, .280 per ton, c.i.f.. Sydney.

IOA: Nominal price quoted in l August 6, £5275, f.0.b., Apia.

I August 6, £ A 335 ex-wharf. ; __p.-N.G.: August 6, good .grade, per lb. 4/4 to 4/6; B [ to 4/5; C grade, 4/- to 4/3, ley. ugust, price quoted for Tanga grade was £ Stg.3Bo; B grade, Undergradings, £ 5tg.275, all md c i.f., Sydney. Uganda Ro ffering at around £Stg.2l9 c.i.f.

'S:—P.-NG.: August 6, kernels: anish, 1/7 lb; Virginia Bunch, aroy Peanut Board has recently rice of kernels by 2d per lb. —p. -N.G. price is based on rate, which August 5 was: No. ?ot, 104 7 / 8 Straits cents per lb. list.).

A BEANS: Victor Karp, Tulk & ey. reported in August that no ans available at present; new is expected later in month. lustralian):—Price from May 1, LG.; Dry brown and dressed, ,gs, 5 tons and over, £6l/10/f.0.w.; under 5 tons £62 per imised and enriched white, 112 5 tons and over. £6B per ton, ider 5 tons. £6B/10/- per ton. i. Islands: Dry, brown, etc., £7O f.0.w., Sydney or Melbourne, illy-grown rice has been retail ing at lid Fijian per lb, with nported rice at lOd Fijian per people regard the imported rice r to the Fiji product.

SHELL.—Quotations in August by nt M O.P. shell agents were: ;A775, D £ A 575, E £250, EE (in store Sydney). Penrhyn ■ (nominal), f.0.b., Rarotonga, lagoon will remain closed this less the reported plan to trans hiki divers to Suwarrow atoll to black-lip M.O.P. eventuates, only [uantities of pearl shell will be from the Cook Is. this year.

US. —Price fell during August sre was little demand. Nominal f. Sydney around £A26O-£A27O. recently, trochus was being t from 1/6 to 2/6 Fijian per lb, I on quality (equal to £FI6B to er ton, in store, Suva). 1 SNAIL SHELL.—Because of a from Japan, price has risen to r ton. P.-N.G. and 8.5.1. shell is supply. One Sydney agent says probably place a small quantity d and third grade.

don and US Quotations

London, August 6, Philippines in 522 50 c.i.f. UK/North European itraits/Bornco, FMS, del. weights, C/North European ports, £ Stg.7B.

New York: August 6, Philippines $220 c.l.f .

Pacific Coast ports. (£1 Australian is equal to about 2.25 US Dollars.* Coconut Oil:—London, August 5, Ceylon in bulk, £Stg.l26, per ton, c.1.f., UK/ North European ports. Straits, crude, c.i.f., in bulk. £ Stg.l23 per ton.

Rubber: London, c.i.f., August 5, RSS No. 1, 30 5 /sd Stg. per lb; Oct./Nov. 29 x / 2 d Stg.; August, 1960, 30V4d Stg.