Produce Prices
p. 85 · Read in the full issue
Unless otherwise stated quotations are in ustralian currency. Australian dollar (October ) equals—New Zealand, $1.2055 (buying), 1.2011 (selling); Fiji, $1.0957 (buying), 1.0717 (selling); Western Samoa, tala 0.7705 mying), 0.7598 (selling); Tonga, pa'anga 8826 (buying), 0.8650 (selling); US, $1.2640 uying), $1.2590 (selling); UK, £0.6194 (buy ig), £0.6140 (selling); French Pacific, CFP )2.78 (buying), 101.22 (selling).
Copra
Copra Industries are controlled through copra >ards in PNG, the Solomons, the GEIC, both imoas, Fiji, Tonga, the Cooks and the US Trust irritory. New Hebrides, French Polynesia and ew Caledonia do not have boards and copra is ther sold individually by growers to overseas lyers or used locally.
NEW GUINEA: The board, with planters' ps, directs distribution and sales and pays anters. Shipments are made to UK, European arkets and to Australia and Japan, and coco it oil mills on New Britain.
Prices are: Per tonne, delivered main ports, t-air dried, K 155; FMS, K 152; smoke-dried, 50.
FIJI:—The board fixes prices on Philippines pra, taking into account freight, taxes, selling sts, shrinkage, etc. The price is subsidised, test prices were: Fiji 1, $190; Fiji 2, $171; iS, $7O.
NEW HEBRIDES; Copra sold direct by anters to France and Japan. Burns Philp ying on wharf, Vila or Santo, Sept 1 6.000 IF, Oct 1 101 met francs 100 kg.
US TRUST TERRITORY:—Ist grade, $9O, 2nd ade, $BO, 3rd grade, $7O. Outer Islands, 5, $55 and $45 ton for the three grades, serviced by government ships and $55, 5 and $35 if serviced by private ships.
COOK ISLANDS.—AII production is sold to els Ltd, Auckland. Prices are based on erage world prices for the prior three or six mths, and remain in force for three months.
GILBERT ISLANDS.—SI79.2O a ton, or 8c a und.
WESTERN SAMOA:—Ist grade, SWSIO2; 2nd ide, $W589.50.
Other Produce
COCOA.—lslands rates are based on Ghana ces. Ghana price on Oct 8 was spot q 657 ton, c.i.f., UK, Continent.
Oct 9, in store, Rabaul, export quality, BO per tonne; delivered ex wharf Sydney ,015 per tonne.
Solomons. —Delivered to Agriculture Dept. ices in Honiara and Auki. Recent price was c per lb dried beans first grade, 20c second ide.
COFFEE.—PNG, Oct 9: Good quality A ide, 69£c per lb; B grade. 67£c; C grade, Y grade, 65c (ex-store Sydney).
W. Samoa.—Recently, WSTEC ground and ed beans, 60 sene per lb wholesale. ’EANUTS. PNG: Sydney agents reoorted ently f.0.b., Lae: Kernels—white Spanish : lb.
UCE (Aust):—PNG: Dried brown, 25 kilo is, $298.94 per tonne. Vitamin enriched te, 25 kilo bags, $303.94 per tonne, all w. Sydney/Melbourne. Pacific Islands: rose med. grain, white, 25 kilo bags, $3lO tonne. Kulu long grain white, 25 kilo s, $355 per tonne. All prices c.&f. Sydney/ bourne.
ÜBBER.—Singapore, Oct 8: 33.25 c a kilo.
MANILLA BEANS Prices recently were; it e 3"d yellow label processed standard ks, $7.50; green label $7.40, c.i.f., Sydney, ga.—sT4.2o, f.0.b., Nukualofa; $T4.50, Mel rne.