PRICE OF COPRA.
I -was very much surprised to read tie remarks of Mr. S. Y. Collins, who has been organising the reparations estates in Samoa and who returned by the Tofua on Monday! Mr. Collins stated that the price of copra is lower than it has ever been before, and, further he said that one of the reasons why the bottom has dropped out of the copra market is that an enormous combine is working in London and is buying for all,who use it. The facts are that copra was sold in Auckland some years ago as low as £11 per tori and the price in the Islands to-day is about £14, and the present London price as cabled out is about £18. Perhaps the slump referred to by Mr. Collins' as operating in the mandated territory of Western Samoa is due not so much to tha present world-wide depression as to some special reasons. • MERCHANT.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19300807.2.34.3
Bibliographic details
Auckland Star, Volume LVI, Issue 185, 7 August 1930, Page 6
Word Count
157PRICE OF COPRA. Auckland Star, Volume LVI, Issue 185, 7 August 1930, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in