Ands Produce

;ss otherwise stated, quotations are tralian currency. Aust. £ equals imately 16/- Stg.. NZ, or W. 18/- Fiji; 20/- Tonga, Solomons JC areas; 196 Pac. Frs.; 5U52.25.)

Copra

JA-NEW GUINEA:—AII production vered to Copra Marketing Board, led by six members, including three s’ representatives; and the Board distribution and sales, and makes its to the producers. Production ainly to (a) Unilever, in UK, (b) ia for local consumption, (c) g-mill in Rabaul, and (d) Japan s as available). Prices generally ith ruling rate in Philippines, with tns for hot-air dried. r Board’s Tentative Purchase for copra delivered main ports are; ■ Dried, £59/-/- per ton; FMS, I/- per ton; Smoke-Dried, I/- per ton. —No Government control—pro sell where they wish. Bulk of goes to crushing-mills in Suva, (une 24 prices were: HAD

17/6, Fm £Fso/7/6.

STERN SAMOA:—Official Copra takes all production, sells same akes payments to producers. It ainly to Abels Ltd., NZ crushers, Unilever, UK. Local price re was £56/12/6 Samoan, first 3A:—Sales are under Government Part of production goes to under arrangement with Unilever ed by Philippines prices, and part open market. .

IMON IS.: —All production marketed i official BSI Copra Board, at based on Philippines rate. Output o Unilever, UK; to Australian s; and the balance on to the open Local price in June was: de, £52/-/-; 2nd grade, £5O/10/-; ide, £4B/-/- per ton, f.0.b., BSIP (Honiara, Yandina and Gizo).

ERT AND ELLICE: —Production ;d in Europe through official Copra at prices based on Philippines sss freight, etc. The Government to producers is: £7/15/5 per ton grade, and £3/14/7 for 2nd grade.

HEBRIDES: —On June 21, the price was approximately £4O/-/- Pac. francs) per ton delivered nto. French price then was 880 per metric ton, c.i.f., Marseilles. £ IS.; Copra goes to Abels, Ltd., kland, who operate the only NZ irushlng mill. Price paid is average price for previous three months, mdling charges. Price for third , July-Sept., 1963, is £NZS6/15/11 de, £NZSS/10/11 standard grade— o.b., Rarotonga.

Other Produce

)A; — Islands prices are usually m the rates for Ghana cocoa which e 21 was £ Stg.2l3/15/- per ton, lydney.

G.: Sydney buyers on June 21 re- Quote No. 1: In store, Rabaul, quality £225 per ton, or on wharf

Sydney, according to quality: £l9O-£205; quote No. 2: Best quality, on wharf Syd., Melb., £240-£250; in store, N.G. ports, £215 (for UK, Continent and USA ship ments).

W. SAMOA:—Nominal prices quoted in Sydney, June 21 were: Grade 1, £Stg.2so; grade 2, £Stg.23o, f.0.b., Apia.

COFFEE.—P.-N.G.: June 21, good quality A grade, per lb, 4/- to 4/2; B grade, 3/9 to 4/-; C grade, 2/9 to 3/4, c.i.f., Sydney.

Overseas c.i.f. coffee prices were re ported on June 25 as: Kenya A, f.a.q., £Stg.3so, B £ Stg.34o, U/G £Stg.34o; Bugisu A £Stg.3ls, B £Stg.3os; Tan ganyika AA £ 5tg.365, B £Stg.3lo, U/G £Stg.29s; Uganda Robusta £Stg.22o.

PEANUTS. P.-N.G.: Sydney agents report: No supplies, except Virginia Bunch, because of dry conditions—no quotations available until after July/Aug. shipment received. Lae reports Virginia Bunch kernels 1/8 lb, f.o.b.

RUBBER. —P.-N.G. price is based on Singapore rate, which on June 21 was: No. 1, RSS, Spot, 73% Straits cents per lb (25.67 d Aust.).

VANILLA BEANS: Victor Karp Tulk & Co., Sydney, reported June 21: White and yellow label processed, standard packs, 34/-, green label 33/-, c.i.f., Sydney.

RICE (Aust.): Prices until May 1, 1964 —P.-N.G.: Dry brown and dressed, 112 lb bags, 5 tons and over, £5B/10/- per ton, f.o.w. Vitamised and enriched white, 112 lb bags, 5 tons and over, £65/-/- f.o.w. 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 on June 21 by Sydney independent shell agents were: Sound £825, D £5OO, E £3OO, EE £l9O (in store Sydney). Cook Islands: Penrhyn £NZ42S (approx.), f.0.b., Raro tonga.

TROCHUS. —Sydney buyers on June 21 indicated the following quotations to

Islands producers: No. I.—Papua— nominally £95 per ton, f.0.b., Papuan ports; N.G—£9o, c.i.f., Sydney; 8.5.1. £9O, f.0.b., Honiara. No. 2.—Papua— £loo per ton; N.G., £lOO per ton.

GREEN SNAIL SHELL.—Sydney buyers quoted on June 21: No. 1: £250 per ton, f.0.b., Islands port. No. 2: £290 (best quality), on wharf, Sydney; or £295 f.0.b., Islands port.

Crocodile Skins.—On June 21

Sydney buyers quoted for 12 in. and over, first grade quality as follows: P.-N.G.— 20/6 per in., f.o.b. P-NG ports, small scale (salt water); large scale (fresh water) 13/6 per in. 8.5.L—20/6 per in. (small scale) del. Sydney.

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

BECHE-DE-MER: Chang Sing Loong Co., Suva, quote F 2- (4 In. to 7 in.) to F3/- (9 in. to 11 in.) lb for well processed commercial varieties.

SHARK FINS: Suva merchants offer F4/6 per lb for well-dried fins of com mercial quality. Sydney buyers quote 6/to 8/- lb., ex-store Sydney, according to quality.

London and US Quotations

Copra: LONDON, June 21, Philippines, in bulk, $182.50 US (equal to £Stg.6s/5/6) per long ton, c.i.f., UK/Nth. European ports. Malayan, FMS, delivered weights, c.i.f. UK/Nth. European ports, £Stg.66/-/- per long ton. NEW YORK; June 21, Philippines, $167.50 US per short ton, c.i.f., Pacific Coast ports. CEYLON: 925 Rupees per ton c.i.f.

Coconut Oil: LONDON, June 21, Ceylon, 1% in bulk, £Stg.lo2/10/- per ton, c.i.f., UK/North European ports. Straits, 3%, £Stg.96/10/- c.i.f.

Rubber: LONDON, June 21, c.i.f., RSS No. 1 Spot, 22-5/16d Stg. lb, Sept, ship ment 22V 4 d Stg. lb, July 21 3 / 4 d Stg. lb. (£ 1 Australian is equal to about 2.2 US Dollars or 10 Vz Rupees.)