UNPROFITABLE PRODUCTION
SAMOAN PLANTERS’ DIFFICULTIES. HEAVY SLUMP IN OOPRiA PRICES / ____ (By Telegraph—Pros* Association.) WELLINGTON, Oct. 31. The Samoan correspondent of the United Press Association, writing from Apia on October 19, says that the price of copra is down to £3 per ton to European planters, while the natives are receiving less. The natives are not cutting copra on account of the low prices. _ Cocoa is down to £35 per ton, which leaves practically no margin to the planter. Bananas are helping the situation to some extent, but a greater benefit would be experienced if a largely increased quanitity could be shipped.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HAWST19331031.2.87
Bibliographic details
Hawera Star, Volume LIII, 31 October 1933, Page 7
Word Count
101UNPROFITABLE PRODUCTION Hawera Star, Volume LIII, 31 October 1933, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Hawera 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.