Produce Prices
p. 115 · Read in the full issue
(Unless otherwise stated, quotations are in strahan currency. Australian dollar (October ) equals New Zealand, $1.0020 (buying), .9980 (selling); Fiji, $1.0470, $1.0285stern Samoa, $0.8132, $0.8019, US, $1.1934, ■ 1.888, UK, 49.6154 np, 49.3218 np; French :ific, 109.52 FP francs; Tonga $1.05.
Copra
Copra industries are controlled through copra irds in PNG, the Solomons, the GEIC, both no ??V F . l ! i ' Tonga and the us Trust Territory.
H Hebrides, the Cooks, French Polynesia and n Caledonia don't have boards and copra is ier sold individually by growers to overseas 'ers or used locally.
GUINEA: The board, with planters' s, directs distribution and sales and pays nters. Shipments are made to UK, European rkets and to Australia and Japan, and coco oil mills on New Britain, atest prices, delivered main ports, were ■air dried, $lOB per ton; FMS, $lO5 per ; smoke-dried, $lO3 per ton.
Uh—-The board fixes prices on Philippines ra, taking into account freight, taxes, selling rs, shrinkage, etc. Prices recently were: 574.75, 2nd grade, $64.75, CAS, WESTERN SAMOA: The board makes pay its to producers through its agents—local is— and sells the copra on the open market i a portion to Abels Ltd., NZ. Recent 40 St quality ' $ B4 -10; 2nd quality, ONGA: All copra is sold to the board -h sends it to Europe and the open ket. Recent prices to growers were Ts6o grade, and Ts4B 2nd grade, per ton coconut 1.2 c. y ‘ DLOMON IS.:— All production through board prices besed on Philippines rates. Output to the UK, Japan, Australia and the rest he mar ket. Recent prices were- Ist ifWff' 2 * 1 per ib (,s * 9rade,; EW HEBRIDES; Copra sold direct by ters to France and Japan. Official market i P°rnn . oc l° ber , 3 was $3O. Marseilles 1 French francs (per 100 kilos) October 3.
COOK IS.:— Copra goes to Abels, Ltd., of Auckland, who operates NZ's copra crushing rnill. Prices for October to December, packed, shipping weights f.o.b, were fixed at $NZ92.79 Ist grade, hot-air dried, $NZ90.75 Ist grade sun-dried, and $NZ89.27 standard grade.
Us Trust Territory: $U592.50 (Grade 1),
5U582.50 (grade 2), $U572.50 (grade 3), de livered district centres,- $BO (grade 1), $7O (grade 2), $6O (grade 3), picked up outer islands.
Other Produce
BECHE-DE-MER; Chang Sing Loong Co Suva, quote 45c (4 in. to 10 in.).
Honiara.—Live slugs, over six inches, black —six for 10c, other colours—l2 for 10c.
CHILLIES. Solomons, Honiara, Tabasco, grade one, dried 22c per lb; long red, grade one, dried, 12c per lb.
COCOA.— lslands rates are based on Ghana prices. Ghana price on October 17 (October/ November shipment) was spot £stg3o7 ton, c.i.f.; UK, Continent.
October 17, Quote No. 1: In store Rabaul, export quality, $5lO per ton, delivered ex wharf Sydney $5BO Quote No. 2: Best quality shipment) NG P ° rtS/ $542 (october / Noverr * )er Solomons.—4 cents a lb delivered to a termentary, 3 cents a lb at buying points.
COFFEE. PNG: October 17, good quality, A grade, 48c per lb; B grade, A2\c, C grade, 41c, Y grade, 43£c (ex-store Sydney).
W Samoa.—Recently, WSTEC ground and d 49 sene P er lb (wholesale).
CROCODILE SKlNS. —Honiara: $1.89 to $2 25 per inch.
GREEN SNAIL SHELL.— S3SO a ton f.o.b. (nominal). f Q P^ PUAN GUM Graded 9um $215 per ton, JASSIONFRUIT. —Cook Islands, Islands Foods fruit PayS 9roWers NZ2 - 5c P er to for good PAPAW.— Cook Islands, Island Foods Ltd Pa DcA 9 J.°.Tc erS NZ2c per lb for 9°°d fruit. rAr P onf| NUT ?‘ F NG: Sydney a 9ents reported 17 25r y |b f ' 0 ' b ‘' Lae ' Kernels — white Spanish PEARL SHELL.— Torres Strait Pearlshellers' Assn, has no recent quotes. Solomons.— H ij l r ra/ ,^ not ,L er of pearl blacklip 14c-16c lb goldhp 18c lb. Cook Islands.— Penrhyn, 20-25 c Per lb, del. Rarotonga 33-35 c per lb. French Polynesia.— Tuamotu, Gambier shells, to $1 000 per ton, Papeete. d.^c ET^ RUM ;~ NG 9rowers 17c lb, flowers.
RICE (Aust.): — PNG: Dried brown, 25 kilo bags, $113.50 per metric tonne. Vitamin enriched white, 25 kilo bags, $125.50 per p® t . r J. c , t< ? nna ' all . f°-w. Sydney/Melbourne.
Pacific Islands: Calrose med. grain, white, 56 lb bags, SAI2B-$A 133 a long ton. Kulu long gram white, 56 lb bags, SAI64-SAI67 a long t 0n D. I ™L prices f ‘°-y v - Sydney/Melbourne.
RUBBER.— PNG prices nre based on Singapore rates which on September 5 were: No. 1 RSS (Malayan cents a kilo f.0.b.), September, 86.25- 89 25'' ° Ctober ' 86 - 75 - 88 -25; November 87.75- SANDALWOOD.— New Hebrides, landed on the Deach, Vila and Santo, no recent Quotes SHARKS FINS. Chang Sing Loong Co., Suva, offers 75c per lb for Ist quality, 45c for mixed quality. peMb CHUS BSIP 4 ° ( unc,eaned )/ 5c (cleaned) TURTLE SHELL.—BSI: 20c to $1.20 per lb depending on size and quality.
VANILLA BEANS. - Prices’ recently were: White and yellow label processed standard packs, $7.50; green label $7.40, c.i.f., Sydney Tonga.—sl4.2o, f.0.b., Nukualofa; $14.50* Mel bourne.
Uk, Us Quotes
RUBBER. —London. No. I RSS spot (per kilo), September 5, prompt shipment, 15.86 p. (c. • G O™A,-LONDON, September 19, Philippines, in bulk SUSI4I (October reseller) per long ton, UK/North European ports; US Pacific coast, b SUSII3, s SUSIIS. io C^?n N oJ .? ,L k ( c ®y |o n)—LONDON, September 19 £stg.9B (September/October).