The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 19 May 1932Vol. II, No. 10

Ivory Nut Market

p. 32 · Read in the full issue

Lifeless.

Sydney agents report that the mar ket for ivory nuts —a Solomon Islands product used for button-making in Japan and Europe—is quite lifeless.

Some sales were made, early in April, at around £lO per ton; but, at date of publication, sales cannot be effected even at £9. It is reported that one Agent has had several tons lying in bond since January.

It is expected that buying will cease altogether until the market shows some sign of life. It is a curious market, which jumps up and down without any apparent cause.