The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 October 1962Vol. XXXIII, No. 3

[?]Nds Produce

pp. 169-171 · Read in the full issue

s otherwise stated, quotations are ■alian currency. Aust. £ equals aately 16/- Stg.. NZ, or W. 18/- Fiji; 20/- Tonga, Solomons I areas; 196 Pac. Frs.; $U52.25.)

Copra

1-NEW GUINEA; —All production ;red to Copra Marketing Board, d by six members, including three representatives; and the Board iistribution and sales, and makes s to the producers. Production inly to (a) Unilever, in UK, (b) i for local consumption, (c) -mill in Rabaul, and (d) Japan as available). Prices generally h ruling rate in Philippines, with s for hot-air dried.

Board’s Tentative Purchase pr copra delivered main ports are: Dried, £AS4/10/- per ton; FMS, er ton; Smoke-Dried, £AS2 per -No Government control—pro jell where they wish. Bulk of oes to crushing-mills in Suva, itember 24 prices were HAD

'-, Fm £F43/15/-.

TERN SAMOA:—Official Copra akes all production, sells same ces payments to producers. It inly to Abels Ltd., NZ crushers, Unilever, UK. Local price, re as been £56/12/6 Samoan, first —Sales are under Government Part of production goes to under arrangement with Unilever i by Philippines prices, and part >en market. lON IS.: —All production marketed official BSI Copra Board, at ,sed on Philippines rates. Output Unilever, UK; to Australian and the balance on to the open Local price in September was: !, £4B/-/-; 2nd grade, £46/10/-; e, £44/-/- per ton, f.0.b., BSIP oniara, Yandina and Gizo).

RT AND ELLlCE:—Production in Europe through official Copra it prices based on Philippines > freight, etc. The Govt, recently the subsidy to producers to: per ton for Ist grade, and for 2nd grade.

HEBRIDES: —On Sept. 26, the [ce was approximately £A36/10/ac. francs) per ton delivered to. French price then was 79 rancs per metric ton, c.i.f., s.

IS.: Copra goes to Abels, Ltd., and, who operate the only NZ ishing mill. Price paid is average price for previous three months, .dling charges. Price for last of 1962 is £NZSO/3/ll Ist NZ4B/18/11 standard grade—both irotonga.

Other Produce

l; —Islands prices are usually the rates for Ghana cocoa which 26 had dropped to £Stg.lsB/9/c.i.f., Sydney. .: Sydney buyers on Sept. 26 re- Quote No. 1; In store, Rabaul, lality £2OO per ton; quote No. 2: lity, on wharf Syd., Melb., vary i £lBO to £2OO Aust.; in store, ts, £ 170 Aust.

MOA: —Nominal prices quoted in

Sydney in mid-Sept. were: Grade 1, £ Stg.23o; grade 2, £Stg.2ls, f.0.b., Apia.

COFFEE.—P.-N.G.: Sept. 26, good quality A grade, per lb, 4/- to 4/2; B grade, 4/-; C grade, 2/6 to 3/-, c.i.f., Sydney.

Overseas c.i.f. coffee prices were re ported on Sept. 26 as: Kenya A, f.a.q., £ Stg.37o, B £ Stg.33o, C £Stg.32o; U/G £ Stg.2Bo; Tanganyika AA £ 5tg.375, A £ Stg.36o, B £ Stg.32o; Buguishu AA £Stg.29s; Uganda Robusta £Stg.l63.

PEANUTS: P.N.G.; Sydney agents quoted Sept. 26:—F.0.b., Lae; Kernels— White Spanish, 1/4 lb: Red Spanish, 1/2; Virginia Bunch, 1/7, in shell 1/1.

RUBBER: —P.-N.G. price is based on Singapore rate, which on Sept. 25 was: No. 1 RSS, Snot, 75 7 /s Straits cents per lb (26.56 d Aust,).

VANILLA BEANS: Victor Karp Tulk & Co., Sydney, reported Sept. 26: White and yellow label processed, standard packs, 38/-, green label 37/-, c.i.f., Sydney.

RICE (Aust.): Prices as from May 1, 1962—P.-N.G.: Dry brown and dressed, 112 lb bags, 5 tons and over, £59/-/- per ton, f.0.w.; under 5 tons £59/10/-. Vitamised and enriched white, 112 lb bags, 5 tons and over, £65/15'f.0.w., under 5 tons, £66/5/-. Other Pac. Islands: Dry, white or brown, etc., £67/10/- (any quantity), f.0.w., Sydney or Melbourne.

PEARL SHELL.—Quotations for Aus tralian M.O.P. Shell in mid-Sept. by Sydney independent shell agents were; Sound £ A 825, D £ASSO, E £A3OO, EE £AI9O (in store Sydney). Cook Islands: Penrhyn £NZSOO (approx.), f.0.b., Raro tonga.

TROCHUS.—Sydney buyers report that market is lifeless but indicated the following quotations to Islands producers;

No. I.—Papua—nominally £ll5 to £l2O per ton, f.0.b., Papuan ports; N.G.— £lO5, c.i.f., Sydney: 8.5.1. — £llO, f.0.b., Honiara. No. 2.—Papua—£90 per ton; N.G., £95 per ton.

GREEN SNAIL SHELL. —Sydney buyers quoted on Sept. 26; No. 1: £295-£3OO per ton, f.0.b., Islands port. No. 2: £2BO (best quality), on wharf, Sydney.

Crocodile Skins. —On Sept. 26

Sydney buyers’ quote for 12 in. and over, first grade quality was: P.-N.G. —16/- per in., f.o.b. P-NG ports, small scale (salt water); large scale (fresh water) 10/- per in. 8.5.1. —16/- per in. (small scale) del. Sydney.

PAPUAN GUM: £B2/15/- f.o.b. Island port.

BECHE-DE-MER: Chang Sing Loong Co., Suva, quote F 2- to F 4- lb for well processed commercial varieties.

SHARK FINS: Suva mechants offer F 3- per lb for well-dried fins of com mercial quality.

London and US Quotations

Copra: LONDON, Sept. 25, Philippines, in bulk, $164.50 to $165 US per long ton, c.i.f., UK/Nth. European ports. Malayan, FMS, delivered weights, c.i.f. UK/Nth.

European ports, £Stg.s9 per long ton.

NEW YORK; Sept. 25, Philippines, $l5O US per short ton, c.i.f., Pacific Coast ports.

CEYLON: 795 Rupees per ton c.i.f.

Coconut Oil; LONDON, Sept. 26, Ceylon, 1% in bulk, £Stg.9o per ton, c.i.f., UK/North European ports. Straits, 3%, £Stg.Bs/10/-, c.i.f.

Rubber: LONDON, Sept. 25, c.i.f., RSS No. 1 Spot, 22V 2 d. Stg. lb (nominal): Dec. shipment 22 J /2d. Stg. lb, Oct. ship ment 22V 4 d. Stg. lb. {£l Australian is equal to about 2.25 US Dollars or 10Vi Rupees).

Industries . 43, 45, 67, 73, 93, 141 J Ltd 58 W. & Co 170 .N.A 10 Wm. Pty. Ltd. .. 74 in National Industries 123 •x (Nederland) NV . . 40 Slipway & Eng. Co. 112

N.S.W 37

Gwyn & Co. Ltd. 157 1 26 7B Bros. Pty. Ltd. . . 72 Idt & Co., Wm. ..169 Overseas Agencies 73 Paints Ltd 12 Jnited Dairies . .. 122 & Co 113 41, 88, 135, cov. iii J. (Travel) Pty. Ltd. 168 /. J. & Co. (Aust.) .td 49 Fry-Pascall Pty. Ltd. 118 i Company Pty. Ltd. 61 r. Ltd. 50, 51, cov. iv i Charters .. .. 106 ee Shipyard .. 115 Vatson (NG) Ltd. .. 57 id Radio Co 103 Shipping Co. .. 160 Diesel Sales & 5 (Aust.) Pty. Ltd. 110 77 ■dt, C., & Co. ..165 ’ty. Ltd. . . . 86, 87 A. B„ Ltd 109 r W. C. Ltd 95 Electrical Co. Ltd. 148 ■ Dickinson Pty. Ltd. 106 ■pot Ltd 67 . A. & Co. Pty. Ltd. 130

Frashwater Garages .. ..133 Frigate Rum 135 Gardner Engineering .. ..116 Garrett, Davidson & Matthey Pty. Ltd 165 Gilbey, W. & A., Ltd. .. 11 Gillespie Bros. Pty. Ltd. .. 92 Gillespie, R., Pty. Ltd. .. 1 Glaxo Lab. (NZ) Ltd. . . 55 Goodyear Tyre & Rubber Co. (Aust.) Ltd 94 Gordon & Gotch (A'asia) Ltd. 2 Grocery Wholesalers Pty.

Ltd 151 Gothic Pty. Ltd., The . . 46 Grove, W. H. & Sons Ltd 68, 92 Halvorsen, 8., Ltd 114 Handi-Works Co 38 Hardie, James & Co. Pty.

Ltd 8 Hastings, Deering Ltd. .. 138 Hellaby, R, & W., Ltd. .. 131 Hongkong & Whampoa Dock Co. Ltd 109 Hotel Metropole 155 International Harvester Co 4, 140 Kanimbla Hall 73 Kerr Bros. Pty. Ltd 40 King, Ralph W. & Yuill .. 167 Kitchen, J. & Sons Pty.

Ltd 62, 101 Kopsen & Co. Pty. Ltd. .. 56 Kraft Foods Ltd. .. 7, 34 Lane's Pty. Ltd. . . 144 Lawrence, Alfred, & Co. P/L 98 Love, J. R., & Co. Pty. Ltd. 124 Lysaght, John (Aust.) Ltd. .. 128 Mac. Robertson Pty. Ltd. .. 132 Mai leys Ltd 30, 137

Markwell, Smith & Co. Pty.

Ltd 108 Massey-Ferguson (Aust.) Ltd. 6 Matson Lines 156 Mendaco 77 Millers Ltd 129 Mitsuzumi, Jiro & Co. Ltd. 7 Morris Hedstrom Ltd. . 24, 127 Multiple Incubator & Brooder Pty. Ltd 136 Mungo Scott Pty. Ltd. .. 36 Nederland Line & Royal Rotterdam Lloyd .. .. 114 Nelson & Robertson Pty. Ltd. 107 Nestle Co. (Aust.), The ..52,172 N.G. Aust. Line 85 Nicholson's Pty. Ltd 9 Nixoderm 77 Ogden Industries Pty. Ltd. 142 Ornel Pump Co 126 Pabco Products Pty. Ltd. . . 76 Pacific Islands Society . . 67 Pacific Islands Transport Line 157 Parke, Davis & Co. .. 36,119 Philips Electrical Industries Pty. Ltd 54, 65 Piccaninny Manufacturing Co. 134 P. & 0.-Orient Lines . . 146 Prefabricated Building In dustries 35 Qantas 171 Qld. Insurance Co. Ltd. .. 45 Rothmans of Pall Mall (Aust.) Ltd 121 Royal Castle 122 Rutty, M. & Co. Pty. Ltd. . . 64 Sanitarium Health Food Company 70 Seward Ltd 93 Shaw Savill & Albion Co.

Ltd 159

Shipbrokers (Auckland) Ltd. 168 South Pacific Brewery . .. 59 Stapleton, J. 1., Pty. Ltd. .. 28 Stewarts & Lloyd Pty. Ltd. 35 Steamships Trading Co. Ltd. 76 Steer, R. J. Engineering Co. 48 Sthn. Pac. Ins. Co 26 Sullivan Ltd 98 Swallow's Biscuits Pty. Ltd. 72 T.A.A cov. ii Taikoo Dockyard 104 Tait, W. S. & Co. P/L .. 64 Tatham, S. E„ & Co. P/L .. 96

T.E.A.L 66

Tooth & Co. Ltd 96 Thornburgh & Blakheath Colleges 48 Turners Supply Co. Ltd. .. 28 United Insurance Co. Ltd., The 97 Union Steam Ship Co. of N.Z. Ltd 161 Ventura Trading Co. P/L .. 167 Victa Mowers 99 Vi-Stim 47 Walpamur Co. (NG) Ltd., The 152 Waters Edwd. & Sons .. 60 Warnock Bros. Ltd 65 Weymark Pty. Ltd 113 Whites Aviation 97 White, A. B. S., & Co. . . 166 White Rose Flour & Milling Co. Pty. Ltd 68 Wilhelmsen, W., Agency, P/L 162 Woolf, J. C., Typewriters, Pty. Ltd 97 Wunderlich Ltd 102 Yardley of London (Aust.) Pty. Ltd 75 Yeomans Pty. Ltd 38 Yorkshire Insurance Co. Ltd. 47