Prices
p. 75 · Read in the full issue
Produce
Unless otherwise shown, stated quotations are Australian currency. Australian dollar (July 27) uals; New Zealand, SI .2489 (buying), $1.2445 slllng); Papua New Guinea, K 0.9548 (buying), ).9500 (selling); Fiji, $1.1230 (buying), $1.0990 slllng); Western Samoa, tala 1.0044 (buying), la 0.9904 (selling); Tonga, paanga 0.8826 uying), 0.8650 (selling); US, $1.2409 (buying), .2359 (selling); UK, €0.6986 (buying), £0.6908 ailing); French Pacific, CFP, 111.91 (buying), 0.20 (selling).
Copra
Dopra Industries are controlled through copra ards in PNG, the Solomons, the Gilberts, both moas, Fiji, Tonga, the Cooks and the US Trust rritory New Hebrides, French Polynesia and New ledonia do not have boards and copra is either Id individually by growers to overseas buyers or sd locally. *NG; The board, with planters' reps, directs tribution and sales and pays planters. Shipments i made to UK, European markets and to Australia 1 Japan, and coconut oil mills on New Britain .atest prices are: Per tonne, delivered main Is, hot-air dried, K 153; FMS, K 150; smoke-dried, 18 (Prices include K 34 bounty). : UI: The board fixes prices on Philippines ira, taking into account freight, taxes, selling its, shrinkage, etc. The price is subsidised est prices were: Fiji 1, $190; Fiji 2, $171; CAS lEW HEBRIDES; Copra sold direct by plan -5 to France and Japan Burns Philp paying on arf. Vila or Santo, July 21, FNH 9,000, London, y 16, 154 met francs 100 kg cif Marseilles.
IS TRUST TERRITORY; Ist grade, $lOO, 2nd de, $9O, 3rd grade, $BO. Outer Islands, $75, $75 I $55 ton for the three grades. lOOK ISLANDS; All production is sold to }ls Ltd, Auckland. Prices are based on average Id prices for the prior three or six months, and lain in force for three months. iOLOMON ISLANDS: Copra Board pays, per it Honiara, Yandina and Gizo. 4V2c Ist grade, 4c grade, 3V2c 3rd grade. iILBERT ISLANDS; $134.40 a ton, or 6c per WESTERN SAMOA: Ist grade, $W5109.50 grade, $W596.50.
ONGA: All copra sold to EEC. Ist grade. 0; 2nd grade, SPSB lUE; Standard, $147 a tonne gross
Other Produce
OCOA. Islands rates are based on Ghana e Ghana price on July 27 was spot 31,285.50 ton, cif, UK Continent, jly 27, in store, Rabaul, export quality, K 1.150 tonne; delivered ex wharf Sydney $1,540 per le, olomons. Delivered Honiara prices recently e 40c per lb Ist grade, 30c 2nd grade, faatarn Samoa. Ungraded beans, $23.50 (100 HILLIES: — Solomons, Honiara buyers pay for tabasco Ist grade, 35c to 36c per lb. 2nd grade, per lb. Long Red is 14c per lb.
OFFEE. PNG, July 27, Good quality, A Grade, c per kg; B Grade, 243 c; C Grade, 241 c; Y de, 240 c (ex-store Sydney).
W. Samoa. Recently, WSTEC ground and dried beans, 60 sene per lb wholesale PEANUTS. PNG: Sydney agents reported recently f.o.b , Lae: Kernels white Spanish 19c lb BROOMCORN. Fiji, Ist grade, 16V2c lb, 2nd grade, 14V2c lb RICE (Aust): PNG: Dried brown, 25 kilo bags, $298.94 per tonne. Vitamin enriched white, 25 kilo bags, $303.94 per tonne, all f.o.w Syd ney/Melbourne. Pacific lalandt: Calrose med grain, white, 25 kilo bags, $3lO per tonne. Kulu long grain white, 25 kilo bags, $355 per tonne. All prices c.i.f. Sydney/Melbourne.
RUBBER. Singapore, July 27, 47c to 49c per kg- VANILLA BEANS. Prices recently were: White and yellow label processing standard packs, $7.50; green label $7.40, c.i.f., Sydney. Tonga. $P4.20, f.0.b., Nukualofa; $P4.50, Melbourne.
TROCHUS. Solomons. Private companies pay 16c per lb. for good quality.
BLACK LIP. Solomons. Private companies pay 10c-15c for good quality.
BECHE-DE-MER. Solomons: Private com panies pay: Ist grade $1.40 per lb; 2nd grade, $1 per lb; 3rd grade, 80c per lb.
GREEN SNAIL. Solomons: Private companies pay 25c per lb.
Exchange Rates
FIJI. July 28; Through Bank of NSW, ANZ
Bank, Bank of NZ, Bank of Barode, First National City Bank, Aust $ on Fiji buying SFI = $A0.87.
COOK IS., NIUE. New Zealand currency is used.
NEW HEBRIDES. July 28: Through Banque Nationale de Paris (Sydney), Indosuez Bank, ANZ Bank, Bank of NSW, National Bank of Aust, Com mercial Banking Co of Sydney, Commercial Bank of Aust, Hong Kong and Shanghai Banking Corp, Barclays Bank International, SAI = FNH 98.80 (buying), 97.43 (selling) airmail transfer rate.
WESTERN SAMOA. Through Bank of Western Samoa, controlled from NZ, SWSI (tala) = $A0.97 (buying).
TONGA. Tongan dollar (pa’anga) = $A0.89 (buying).
Norfolk Is, Solomon Is, Gl, Nauru.
Australian currency used; no exchange payable in transactions with Australia.
PAPUA NEW GUINEA. July 28. Through PNG Banking Corp, Bank of NSW, ANZ Bank, Bank of South Pacific, $A = K 0.95.
FRENCH PACIFIC COLONIES. Pacific francs (CFP) are used in New Caledonia, Wallis and Futuna Is, and Fr Polynesia. French Bank, Sydney, on July 28: quoted: SAI = 111.15 CFP (buying), 109.61 CFP (selling). Paris-London: £1 = 8.7450 francs (buying), 8.7350 francs (selling) CFP Lon don: £1 = 159.0000 CFP (buying), 151.8181 (selling), CFP to 1 metropolitan franc 18.43 (buying), 17.94 (selling).