The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 15 September 1938Vol. IX, No. 2

Islands Produce

p. 78 · Read in the full issue

[Copyright by “Pacific Islands Monthly”.] Coffee

The following quotations were obtained in Sydney in mid-September;— Robusta, f.a.q., imported from Java on firm conversion of exchange, c.i.f., prompt shipment, Sydney: Quote No. 1: 22/- per cwt. (new season prompt shipment): quote No. 2: 20/9 per cwt.

Kenya, f.a.q., Immediate shipment, c.i.f., Syd ney, per cwt.:—No. 1 quotations: Grade “A”. 50/-; grade “B”, 47/-; grade “C”, 44/-. Triage 37/. No. 2 quotations (new season prompt ship ment): Grade “A” 57/-; grade ••B” 48/6; grade “C” 54/6. Triage. 38/6 (drought coffee i. No. 3 quotations: Grade “B”, 54/-; grade “C”, 46/-.

Mysore, f.a.q., prompt shipment, c.i.f., Sydney, per cwt.; No. 1 quotations: Grade “A”, 56/-; grade “B”, 50/6. No. 2 quotation: Grade “B”' season closed. Last quote, 54/-. Triage, market closed, no supplies available. Last quote, 44/-.

Arabian (Aden) Hodeidah, f.a.q., immediate shipment, c.i.f., Sydney—No. 1 quotation: 68/6 per cwt. No. 2 quotation, 78/- per cwt.

Note: Importers of coffee from Java, etc., pay the following additional charges; Exchange duty (4d. lb.), primage (10 per cent.), land ing costs (1/- per cwt.). Coffee from Papua and New Guinea escapes most of these charges.

Kapok

Based on firm conversion of exchange, the c.i.f. official prices for kapok quoted in Sydney in mid-September were: Average Java 7 7 H d. per lb., and prime Japara, 7 7-16 d. per lb.

Cocoa

Quote No. 1: Cocoa beans, £25-£3O per ton.

Quote No. 2: New Guinea cocoa £2B-£3O per ton.

Quote No. 3: Accra, good fermented (Peb - Mar. shipment), £25 per ton, c.i.f., Sydney.’

Cotton

London c.i.f. cotton prices during the month were: August 12. 4.57 d. lb.. September ship ment; August 19. 4 57d. lb.. September ship ment; August 26, 4.55 d. lb., September ship ment; September 2. 4.66 d. lb.. October ship ment; September 9. 4.56 d. lb.. October ship ment.

Ivory Nuts

No. 1 quotation: £6 per ton, f.o.b.

No. 2 quotation: £7 per ton, f.0.b., Sydney.

Quotations nominal.

Green Snail Shell

Green snail shell, good quality, was quoted by Sydney buyers in mid-September, at £5O per ton.

Rico

Rangoon rice: packed In 100 lb. bags. £l2/ 10/ per ton; 200 lb. bags, £l2/5/ per ton. f.0.b., Sydney.

Australian table rice, packed in 56 lb. bags, £lB per ton.

Trochus Shell

Owing to Japan’s restrictions on oversea credits, there have been no sales for some time.

Quotations are nominal.

The following quotations, by two firms, re present last sales, several months ago:— (a) Trochus, shell, No. 1 grade .. .. £7O Trochus shell. No. 2 grade .. .. £6O Trochus shell, No. 3 grade .. .. £5O (b) Trochus shell, No. 1 grade .. .. £66 Trochus shell, No. 2 grade .. .. £56 Trochus shell, No. 3 grade .. .. £46 All quotes are f.0.b., and on the Australian £.