Produce Prices
p. 87 · Read in the full issue
Unless otherwise stated, quotations are in istralian currency. Australian dollar (Septem r 9) equals—New Zealand, $1,206 (buying), .1962 (selling); Fiji, $1.0927 (buying), .0687 (selling); Western Samoa, tala 0.7814 lying), 0.7705 (selling); Tonga, pa'anga 1362 (buying), 0.8650 (selling); US, $1.2818 lying), $1.2768 (selling); UK, £0.6086 (buy l), £0.6035 (selling); French Pacific, CFP, 3.33 (buying), 101.81 selling).
Copra
Copra industries are controlled through copra irds in PNG, the Solomons, the GEIC, both noas, Fiji, Tonga, the Cooks and the US Trust ritory. New Hebrides, French Polynesia and w Caledonia do not have boards and copra is her sold individually by growers to overseas rers or used locally.
YEW 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. ’rices, are: Per tonne, delivered main ports, -air dried, k 145; FMS, k 142; smoke-dried, 10.
Ul: —The board fixes prices on Philippines ra, taking into account freight, taxes, selling l s, shrinkage, etc. The price is subsidised. :es on Sept 3 were: Fiji 1, $190; Fiji 2,
'1; Cas, $7O.
lEW HEBRIDES; Copra sold direct by iters to France and Japan. Burns Philp ing on wharf, Vila or Santo, August 19 DO NHF, Sept 3 101 met francs 100 kg.
IS TRUST TERRITORY:—Ist grade, $l4O, 2nd Je, $l3O, 3rd grade, $l2O. Outer islands, 5, $lO5 and $95 ton for the three grades, serviced by government ships and $lO5, and $B5 if serviced by private ships. 00K ISLANDS.—AII production is sold to Is Ltd, Auckland. Prices are based on age world prices for the prior three or six ths, and remain in force for three months.
ILBERT ISLANDS.—SI79.2O a ton, or 8c a id.
ESTERN SAMOA:—Ist grade, SWSIO2; 2nd e, $W589.50.
Other Produce
DCOA. —lslands rates are based on Ghana ss. Ghana price on Sept 9 was spot 614.5 ton, c.i.f., UK, Continent. ! Pt 10, in store, Rabaul, export quality, D per tonne; delivered ex wharf Sydney 5 per tonne. ilomons.—Delivered to Agriculture Dept es in Honiara and Aukl. Recent price was per lb dried beans first grade, 20c second >FFEE - —PNG, Sept 10: Good quality. A e, 69£c per lb; B grade, 67£c; C grade, Y grade, 65c (ex-store Sydney) ; Samoa.— Recently, WSTEC ground and I beans, 60 sene per lb wholesale.
ANUTS. PNG: Sydney agents reported ]b ° #/ bae: erne * s —white Spanish CE (Aust): —PNG; Dried brown, 25 kilo ' t 29 8 P er ton ne. Vitamin enriched s, 25 kilo bags, $303.94 per tonne, all Sydney/Melbourne. Pacific Islands; se med. grain, white, 25 kilo bags, $3lO tonne. Kulu long grain white, 25 kilo $355 per tonne. All prices c.&f. Sydney/ ourne. 11 mf. R ;~.L n . 9 . a .£ ore ' Sept 8: 33 - 5 c a kilo.
NILLA BEANS. Prices recently were: 5 e-Tl* vellow label orocessed standard 5 ' J reen label * 7 - 40 « c.i.f., Sydney. —ST4.2O, f.0.b., Nukualofa; 5T4.50, Mel
• The PNG Government recently paid K 41,000 for two expatriate owned plantations in east New Britain —K 10,000 for Kabakom on the Duke of York Islands to Burns Philp, and K 31,000 to a Chinese business man for Kabakaul, near Kokopo.
Kabakom will be resold to the Kere wara people, and Kabakaul to the Livuan villagers. The government has now acquired four expatriate-owned plantations to return to the local people under the new land acqui sition laws.