Produce Prices
p. 69 · Read in the full issue
Unless otherwise stated, quotations are in \ustralian currency. Australian dollar (August 15) equals—New Zealand, ($1.2023 (buying), M .979 (selling); Fiji, $1.0931 (buying), $1.0691 selling); Western Samoa, tala (not quoted); tonga, pa'anga, 0.8826 (buying), 0.8650 (sell ng); US, $1.2825 (buying), $1.2775 (selling); JK, £0.6097 (buying), £0.6043 (selling); French *acific, CFP, 102.71 (buying), 101.18 (selling).
Copra
Copra industries are controlled through copra ioards in PNG, the Solomons, the GEIC, both amoas, Fiji, Tonga, the Cooks and the US Trust erritory. New Hebrides, French Polynesia and Jew Caledonia do not have boards and copra is ither sold individually by growers to overseas uyers or used locally.
NEW GUINEA; The board, with planters' Bps, directs distribution and sales and pays lanters. Shipments are made to UK, European larkets and to Australia and Japan, and coco ut oil mills on New Britain.
Prices, are: Per tonne, delivered main ports, ot-air dried, k 145; FMS, k 142; smoke-dried, 140.
FIJI:—The board fixes prices on Philippines 3pra, taking into account freight, taxes, selling )sts, shrinkage, etc. The price is subsidised, rices on July 16 were: Fiji 1, $190; Fiji 2,
171; Cas, $7O.
NEW HEBRIDES: Copra sold direct bv lanters to France and Japan. Burns Philp aying on wharf, Vila or Santo, August 4 ,500 NHF, August 8 107 met francs 100 kg.
US TRUST TERRITORY:—Ist grade, $l4O, 2nd rade, $l3O, 3rd grade, $l2O. Outer islands, 115, $lO5 and $95 ton for the three grades, serviced by government ships and $lO5, 95 and $B5 if serviced by private ships.
COOK ISLANDS.—AII production is sold to Dels Ltd, Auckland. Prices are based on rerage world prices for the prior three or six onths, and remain in force for three months.
GILBERT ISLANDS.—SI79.2O a ton, or 8c a tund.
WESTERN SAMOA;—Ist grade, SWSIO2; 2nd ade, $W589.50.
Other Produce
COCOA.—lslands rates are based on Ghana ices. Ghana price on August 18 was spot tg756 ton, c.i.f., UK, Continent.
August 18, in store, Rabaul, export quality, 140 per tonne; delivered ex wharf Sydney *75 per tonne.
Solomons.—Delivered to Agriculture Dept, rices in Honiara and Auki. Recent price was lc per lb dried beans first grade, 20c second ade.
COFFEE.—PNG, August 18: Good quality. A ade, 68c per lb; B grade, 65c ; C grade, c; Y grade, 64c (ex-store Sydney).
W. Samoa—Recently, WSTEC ground and led beans, 60 sene per lb wholesale.
PEANUTS. PNG: Sydney agents reported -entry t.0.b., Lae: Kernels—white Spanish c lb.
RICE (Aust):—PNG: Dried brown, 25 kilo gs, $298.94 per tonne. Vitamin enriched ite, 25 kilo bags, $303.94 per tonne, all •w. Sydney/Melbourne. Pacific Islands: Irose med. grain, white, 25 kilo bags, $3lO tonne. Kulu long grain white, 25 kilo gs, $355 per tonne. All prices c.&f. Sydney/ Ibourne.
J!l^ B .?. E . R ;~ Singapore ' August 13: 36c a kilo.
VANILLA BEANS. Prices recently were: "i! 6 ve,low , label orocessed standard *V S ?Lv 9r ! en . label $7 - 40 ' Sydney, iga.—sT4.2o, f.0.b., Nukualofa; ST4 50, Mel jrne.