Coffee and Kapok.
p. 46 · Read in the full issue
Many planters in New Guinea and Papua are experimenting with coffee and kapok, with an eye on the Australian market, and we have arranged to publish Australian quotations in future. New Guinea and Papuan coffee, en tering Australia, would be free from duty and exchange. Practically none is being received from those Territories at present.
Coffee.
Robusta, f.a.q., imported from Java, on firm conversion of exchange, c.i.f., Sydney, per cwt., 48/6. ; Robusta, as above, based on 9 gulden to Aus tralian £. fluctuations at date of shipment on buyer’s account, 47/6.
Arabian (Aden) Hodeidah No. 1 (pure), c.i.f..
Sydney, per cwt., 86/.
Arabian (Djibanti), ordinary, 82/-.
Arabian, Langheny Hanar Extra, 72/-; No. 1. 70/-; No. 2, 68/-; pure, 74/-.
Importers of Robusta coffee from Java pay the following charges: As above, per cwt., 48/6: 25½ per cent, exchange, 12/1 duty, 4d. per lb, 37/4; primage 10 per cent., 4/10; landing charges, 1/-; total, 103/9 per cwt., equal to 11½d per lb., landed cost. Coffee imported from Papua or New Guinea would escape ex change and duty, equal to 49/5 per cwt.
Kapok.
Australian supplies now imported from Java.
Based on an exchange conversion of 9 gulden to Australian £, the Australian c.i.f. prices cur rent in mid-August were, per lb.: Prime Sama rang, 5 11-16 d.; prime Japara, 5 29-32 d.