Exchange Rates

FlJl.—Through Bank of NSW, ANZ Bank, Bank of NZ, Bank of Baroda, First National City Bank. Sterling £ on Fiji $, buying £1 = 5F2.085; selling £1 = $2.11. Aust. $ on Fiji $ i 5A1.0117 = SFI, selling $A1.0288 WESTERN SAMOA.—Through Bank of Western Samoa, controlled from NZ, seller $A1.2470 to SWS Tala 1.

Norfolk Is., Papua New Gulnea.—Aus

tralian currency used; no exchange payable in transactions wjth Australia.

PIM is not publishing full details of exchange rates because of the fluc tuations in some dealings as a result of the international currency crisis.

Banks should be approached for daily quotes.

Auckland, who operates NZ's copra crushing mill. Prices for Oct. 1 to Dec. 31 were fixed, subject to freight adjustment, at $NZ147.48 Ist grade, hot air dried, $NZ145.39. Ist grade, sun dried, and $NZ143.85 standard grade.

US TKUSI IERRIIOkY: —boaro pays *U5112.50 per ton, grade 1; $lOO per ton, outer islands.

Other Produce

BECHE-DE-MER: Chang Sing Loong Co., Suva, quote F3sc (4 in. to 7 in.) to F4oc (9 in. to 11 in.) lb defending on quality.

Honiara. —Live slugs, over six inches, black —six for 10c, other colours —12 for 10c.

CHILLIES. —Solomons, Honiara, Tabasco, grade one, dried 22c per lb; long red, grade one, dried, 12c per lb.

COCOA. —Islands rates are based on Ghana prices. Ghana price on Sept. 24 (Oct./Dec. shipment) was spot £5tg226.50 ton, c.i.f., UK, Continent.

Sept. 24, Quote No. 1; In store Rabaul, export quality $370 per ton, delivered ex wharf Sydney $435. Quote No. 2: Best quality ex-wharf Sydney $433 (Sept, shipment), $443 (Oct./Dec. shipment); in store NG ports $373 (Oct./Dec.).

W. Samoa. —No offerings for early shipment.

Solomons. —4 cents a lb delivered to a fermentary, 3 cents a lb al buying points.

COFFEE; PNG: September 24, good quality, A grade 38£c per lb; B grade 36£c; C grade Y grade (ex-store Sydney).

W. Samoa. —Recently, WSTEC ground and dried beans, 49 sene per lb (wholesale).

CROCODILE SKINS. Recent Sydney buyers quoted for 12 in. and over, Ist grade quality as follows: 8.5.1., Gizo: $2.10 per in.

Green Snail Shell.—S3So A Ton F.O.B.

(nominal).

PAPUAN GUM.—Graded gum $215 per ton, f.o.b.

PASSIONFRUIT.—Cook Islands, Islands Foods Ltd. pays growers NZ2.5c per lb for good fruit.

PAPAW. —Cook Islands, Island Foods Ltd. pays growers NZ2c per lb for good fruit.

PEANUTS. P-NG: Sydney agents reported recently f.0.b., Lae; Kernels —white Spanish 17.25 c lb.

PEARL SHELL.—Torres Strait Pearlshellers' Assn, has no recent quotes. Solomons.— Honiara, mother of pearl blacklip 15c lb, gold lip 20c lb. Cook Islands.—Penrhyn, 20-25 c per lb, del. Rarotonga 33-35 c per lb. French Poly nesia.—Tuamotu, Gambier shells, to $l,OOO oer ton, Papeete.

PYRETHRUM.—NG growers 17c lb, flowers RICE (Aust.): Prices till March 31, 1972, are —PNG: Dried brown, 112 lb bags, $124 a ton, 40 lb bags, $134 a ton; vitamin enriched white, 56 ( b bags, $137.50 a ton- all f.o.w.

Sydney/Melbourne. Pacific Islands; Calrose med. grain, white, 56 lb bags, SAI2B-SAI33 a long ton. Kulu long grain white, 56 lb bags, SAI64- SAI67 a long ton. All prices f.o.w. Sydney/ Melbourne.

RUBBER. —PNG price is based on Singapore rates which on Sept. 21 were: No. 1 RSS prompt shipment (Malayan cents a kilo) Oct. b 98; Nov. b 99.25; prompt, b 97.

SANDALWOOD.—New Hebrides, landed on thr beach, Vila and Santo, $250 a ton.

SHARK FINS: Chang Sing Loong Co., Suva, offers 55c per lb for well-dried fins of commercial quality.

TROCHUS.—BSIP 3c to 4c per lb.

TURTLE SHELL BSI: First grade unmarked 60c to $1.50 a lb at Gizo.

VANILLA BEANS. Prices recently were- White and yellow label processed standard oacks, $7.50; green label $7.40, c.i.f., Sydney Tonga.—sT4.2o, f.0.b., Nukualofa; 5T4.50, Mel bourne.

Uk, Us Quotes

COPRA.—LONDON, Sept. 18, Philippines, in bulk, SUSIBO (Oct. reseller) per long ton, c.i.f., UK/North European ports; US Pacific coast, b SUSI4B, s SUSISO.

COCONUT OIL.—LONDON, Sept. 18, £stg,l4l (Oct./Nov.).

Rubber.—London, Sept. 21, No. 1 Rss

Spot (per kilo), b 13.45 new pence (Oct. ship ment); Dec. 15.05; Spot 14.