Produce Prices

nless otherwise stated, quotations are Lustralian currency. Aust. £ equals oximately 16/- Stg., NZ, or W. >a; 18/- Fiji; 20/- Tonga, Solomons THC areas; 196 Pac. Frs.; $U52.25.)

Copra

PUA-NEW GUINEA:—AII production elivered to Copra Marketing Board, •oiled by six members, including three :ers’ representatives: and the Board ts distribution and sales, and makes tents to the producers. Production mainly to (a) Unilever, in UK, (b) ralia for local consumption, (c) ling-mill in Rabaul, and (d) Japan >lus as available). Prices generally with ruling rate in Philippines, with iums for hot-air dried. *G Board’s Tentative Purchase s for Copra delivered main ports are: Ur Dried, £6l/10/- per ton; FMS, per ton; Smoke-Dried, per ton. (I: —No Government control—pro 's sell where they wish. Bulk of , goes to crushing-mills in Suva. 23 prices were: HAD £FSB/10/-, F56/-/-.

STERN SAMOA:— Official Copra I takes all production, sells same makes payments to producers. It mainly to Abels Ltd., NZ crushers, the open market. Local price re s' was £56/12/6 Samoan, first grade.

NGA: Sales are under Government 01. Part of production goes to >e, under arrangement with Unilever oiled by Philippines prices, and part i open market.

LOMON IS.: All production marketed gh official BSI Copra Board, at i based on Philippines rate. Output to Unilever, UK; to Australian ers; and the balance on to the open et. Local price in October was: rade, £6O/-/-; 2nd grade, £5B/10/-; :rade, £56/-/- per ton, f.0.b., BSIP (Honiara, Yandina and Gizo). jBERT AND ELLlCE:—Production ;ted in Europe through official Copra I, at prices based on Philippines less freight, etc. The Copra Board iises the price at: First Grade /2 per ton, Second Grade £2/2/1 an.

V HEBRIDES:—Price on Nov. 20 approximately £A4I/-/- (8,200 Pac. 5), French price on Nov. 20 was francs per metric ton, c.i.f., silles.

DK IS.:—Copra goes to Abels, Ltd., ickland, who operate the only NZ crushing mill. Price paid is average m price for previous three months, landling charges. Prices for fourth ;r, Oct.-Dec., 1964, is £NZ63/10/3 rade, £NZ62/5/3 standard grade— f.o.b., Rarotonga.

Other Produce

—lslands prices are usually on the rates for Ghana cocoa. 23 shipment is £Stg.lBo/-/- per :.i.f., Sydney. •G.: Sydney buyers on Nov. 24 Te l: Quote No. 1: In store, Rabaul, : quality £lBO per ton, ex-wharf y, according to quality: £205; No. 2: Best quality, on wharf Syd.’, in store, N.G. ports, £lBO-£lB5 JK, continent and USA shipments).

W. SAMOA;—Nominal prices quoted in Sydney, November 17, were; Grade 1, £Stg.lBo; grade 2, £Stg.l6s, f.0.b., Apia.

COFFEE:—P.-N.G.: November 24. good quality A grade, per lb, 4/5; B grade 4/3; C grade, 3/7 to 3/10, c.i.f., Sydney.

Overseas c.i.f. coffee prices were re ported on November 6 as Uganda Robusta (standard) £Stg.26s, prompt shipment.

Other prices unavailable.

PEANUTS. P.-N.G.: Sydney agents reported Nov. 24- —f.o.b., Lae; Kernels— white Spanish 1/5 lb.; Virginia bunch 1/7 lb.

RUBBER. —P.-N.G. price is based on Singapore rate, which on Nov. 20 was: No. 1 RSS, Spot, 69 7 / 8 Straits cents per lb (24.34 d Aust.).

VANILLA BEANS.—Victor Karo Tulk & Co., Sydney, reported Nov. 24: White and yellow label processed, standard packs, 31/6, green label 30/9, c.i.f., Sydney.

RICE (Aust.): Prices until May 1, 1965 —P.-N.G.: Dry brown and dressed, 112 lb bags, £59/10/- per ton, f.o.w.

Vitamised and enriched white, 112 lb bags, £65/15/- f.o.w. Other Pac. Islands: Dry, white or brown, etc., £6B/-/- (any quantity), f.0.w., Sydney or Melbourne.

PEARL SHELL.—Quotations for Aus tralian M.O.P. Shell on November 24 by Sydney independent shell agents were: Sound £B5O, D £625, E £335, EE £235 (in store Sydney). Cook Islands; Penrhyn ( £NZ42S (approx.), f.0.b., Raro tonga.

TROCHUS.—Sydney buyers on Nov. 24 indicated the following quotations to Islands producers: No. 1 Papua nominally £9O per ton, f.0.b., Panuan norts: N.G. and 8.5.1. £B5-£9O. f o b..

Islands ports. No. 2 —Papua—£Bo-£9O per ton; N.G., 8.5.1. £75-£B5 per ton.

GREEN SNAIL SHELL.—Sydney buyers ouoted on Nov. 24: No. 1; Ist grade only, £235 on wharf, Sydney. No. 2: £240-£250 (best quality), on wharf, Sydney; or £240-£250, f.0.b., Islands ports.

CROCODILE SKINS.—On November 24 Sydney buyers quoted for 12 in. and over, first grade quality as follows: P.-N.G.— 26/- per in., f.o.b. P-NG ports, small scale (salt water); large scale (fresh water) 14/6 per in. 8.5.1. 26/- (small scale) del. Svdney.

PAPUAN GUM: £B2/15/- f.o.b. Islands port, £95 del. Sydney or Melbourne.

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

ICEP Pty. Ltd., Sydney, are interested in offers of well prepared edible varieties.

SHARK FINS: Chang Sing Loong Co., Suva, offers F4/6 per lb for well-dried fins of commercial quality. ICEP Pty. Ltd Sydney, quote 6/6 to 8/6 lb., ex-store Sydney, according to quality.

London and US Quotations

COPRA: LONDON, Nov. 21, Philippines, in bulk, $200.50 US (equal to £ Stg.7l/18/9) per long ton, c.i.f., UK/Nth. European ports, Malayan,’ 1% nominal, UK/Nth. European ports!

NEW YORK: November 20, Philippines, $lOB US per short ton, c.i.f.. Pacific Coast ports. CEYLON; 1,030 Rupees per ton, c.i.f.

Coconut Oil: LONDON. Nov. 21, Ceylon l”r in bulk. £ Stg.ll3/15/- per ton. c.i.f.!

UK/North European ports. Straits, 3V 2 % NQ c.i.f.

Rubber: LONDON, Nov. 20, Malayan Nov. shipment, c.i.f. UK, 20 3 / 4 d Stg. lb: Spot 21V4d Stg. lb, January shipment 20 7 /sd Stg. lb. (£1 Australian is equal to about 2 2 US Dollars or 10 Vs Rupees.)