Disturbing Lull In Samoa's Cocoa Market
Pness As.sociation)
(Per
AUCKLAND, Dec. 3. • It might take ten years for the Samoans to have real sel'fgovernment owing to the need |or. trained civil servants and State officers, but a goo(d start had been made, said Mr. A. M. Girau, of Apia, today, who is revisiting 'Auckland after an absence of ' 35 years. He added that exceptional •prospeyity has been foliowed by a disturbing lull in the cocoa market. Over 1000 tons of cocoa was lying at .Apia without offers. Before the exchange rate alteration the export price was from £280 to £309 per ton f.o.b. Apia. Now the nominal price was. £175. The Samoan Government faced a big . los§ on copra exports, he said, but it had been partly compensated for by a new contract with Canada- at a higher price.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHRONL19481203.2.32
Bibliographic details
Chronicle (Levin), 3 December 1948, Page 5
Word Count
139Disturbing Lull In Samoa's Cocoa Market Chronicle (Levin), 3 December 1948, Page 5
Using This Item
NZME is the copyright owner for the Chronicle (Levin). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in