Produce Prices

nless otherwise stated, quotations are ustralian currency. Aust. £ equals oximately 16/- Stg., NZ, or W. >a; 18/- Fiji; 20/- Tonga, Solomons PHC 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 lents to the producers. Production mainly to (a) Unilever, in UK, (b) •alia for local consumption, (c) ling-mill in Rabaul, and (d) Japan ilus as available). Prices generally with ruling rate in Philippines, with iums for hot-air dried. *IG Board’s Tentative Purchase s for Copra delivered main ports are; Mr Dried, £7l/10/- per ton; FMS, -/- per ton; Smoke-Dried, £69/9/9 lon.

FI: —No Government control —pro- 's sell where they wish. Bulk of goes to crushing-mills in Suva. 21 prices were; HAD £F7B/5/-, F75/15/-.

JSTERN SAMOA;—Official Copra ! takes all production, sells same makes payments to producers. It mainly to Abels Ltd., NZ crushers, the open market. Local price re -7 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 open market.

LOMON IS.: All production marketed gh official BSI Copra Board, at ; based on Philippines rate. Output to Unilever, UK; to Australian ers; and the balance on to the open it. These prices, fixed in March, remain stable for six months from date. Ist grade, £64/-/-; 2nd , £62/-/-; 3rd grade, £57/-/- per F.0.b., BSIP ports (Honiara, Yandina 3izo). jBERT AND ELLICE: —Production ;ted in Europe through official Copra 1. at prices based on Philippines less freight, etc. The Copra Board lises the price at: First Grade /2 per ton, Second Grade £2/2/1 hi.

V HEBRIDES: —Price on June 25 approximately £ASO/-/- (10,000 francs. French price on June 18 1,170 francs per metric ton, c.i.f., lilies. 5K IS.: —Copra goes to Abels, Ltd., ickland, who operate the only NZ crushing mill. Price paid is average n price for previous three months, landling charges. Prices for third ;r, July-Sept., 1965, are £NZBO/11/2 rade, £NZ79/6/2 standard grade— f.o.b., Rarotonga.

Other Produce

?OA: —lslands prices are usually on the rates for Ghana cocoa.

July shipment is £Stg.94/-/- per :.i.f., Sydney.

LG.: Sydney buyers on June 25 Te l: Quote No. 1: In store, Rabaul, ; quality £B4-£94 per ton, ex- Sydney, according to quality; •£120; quote No. 2; Best quality, larf Syd., £llO-£l2O, in store, N.G. £Bl (for UK, continent and USA ents).

W. SAMOA:—Nominal prices quoted in Sydney, June 17, were; Grade 1, £Stg.l7o/-/-; grade 2, £ Stg.l3o/-/-, f.0.b., Apia.

COFFEE:—P.-N.G.: June 28, good quality A grade, per lb. 4/4; B grade 4/2; C grade, 3/6 to 3/9, c.i.f., Sydney.

Overseas c.i.f. coffee prices were re ported on June 28 as; Kenya AA £Stg.4l7, A £Stg.4o7, B £ Stg.4oo, C £ 5tg.395; Tanganyika AA £Stg.39s, A £Stg.3BB, B £Stg.373; Uganda Robusta (standard) f.a.q. £Stg.24o, cleaned and washed £ 5tg.245; Bukoba £ Stg.37o; Mataari £Stg.43o: Sannani £Stg.4lo.

PEANUTS.-P.-N.G.: Sydney agents reported June 25 —f.0.b., Lae; Kernels— white Spanish 1/7 lb.; Virginia bunch 1/9 lb.

RUBBER.—P.-N.G. price is based on Singapore rate, which on June 24 was: No. 1 RSS, Spot, 71*/2 Straits cents per lb (24.94 d Aust.).

VANILLA BEANS.—Victor Karp Tulk & Co., Sydney, reported June 28: White and yellow label processed, standard packs, 49/-, green label 48/-, c.i.f., Sydney, RICE (Aust.): (New prices being nego tiated in late June), current prices— P.-N.G.: Dry brown and dressed, 112 lb bags, £5B/10/- per ton, f.o.w. Vitamised and enriched white, 112 lb bags, £65/-/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 June 25 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 June 25 indicated the following quotations to Islands producers: No. 1 Papua nominally £9O per ton, f.0.b., Papuan ports; N.G. and 8.5.1. £B5-£9O, f.0.b., Islands ports. No. 2 —Papua—£80-£9O per ton; N.G., 8.5.1. £75-£B5 per ton.

GREEN SNAIL SHELL.—Sydney buyers quoted on June 25: No. 1: Ist grade only, £235 on wharf, Sydney. No. 2: £220 (best quality), on wharf, Sydney.

Crocodile Skins.—On June 25

Sydney buyers quoted for 12 in. and over, first grade quality as follows: P.-N.G.— 28/- per in., f.o.b. P-NG ports, small scale (salt water); large scale (fresh water) 16/- per in. 8.5.1. 28/- (small scale) del. Sydney.

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

BECHE-DE-MER: Chang Sing Loong Co., Suva, quoted F 2- (4in. to 7 in.) to F3/- (9 in. to 11 in.) lb for well processed commercial 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, June 24, Philippines, in bulk, $270 US (equal to £Stg.96/14/6) per long ton, c.i.f., UK/Nth. European ports. Malayan 1% c.i.f. UK/Nth. Euro pean ports, UQ. NEW YORK: June 24, Philippines, $235 US c.i.f., Pacific Coast ports. CEYLON: 1,315 Rupees per ton, f.o.b.

Coconut Oil: London, June 24,

Ceylon, 1% in bulk, £ Stg.ls3.

Rubber; London, June 25, July

shipment c.i.f. 21-3/16d Stg. lb; Spot 21-11/16d Stg. lb; September shipment 21-9/16d Stg. lb. (£1 Australian is equal to about 2.2 US Dollars or 10 Vz Rupees.)