Islands Produce

Coffee

THE following quotations were obtained in Sydney in mid-June;— Robusta, f.a.q., imported from Java on firm conversion of exchange, c.i.f., prompt shipment, Sydney: Quote No. 1; 26/6 per cwt. (June ship ment) ; quote No. 2: 18/10 per cwt.

Kenya, f.a.q., immediate shipment, c.i.f., Syd ney, per cwt.—No. 1 quotation: Grade “A”: New season’s supplies are not yet available. Last quote (several months ago) was 60/-; grade “B”, new season, 52/- (May shipment); grade “C”, 56/- (May shipment): Triage, 38/- (drought cof fee), No. 2 quotations: Grade “B”, 54/-; grade “C”, 51/-.

Mysore, f.a.q., May shipment, c.i.f., Sydney, per cwt., No. 1 quotations; Grade “A”, 55/-; grade “B”, 49/6. No. 2 Quotations: Grade “A”, 59/- (season closed); grade ’B”, 56/-; Triage, 49/-.

Arabian (Aden) Hodeidah, f.a.q., immediate shipment, c.i.f., Sydney—No. 1 quotation, 73/6 per cwt. No. 2 quotation, 80/- per cwt.

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

Kapok

Based on firm conversion of exchange, the « i f. official prices for kapok quoted in Sydney in mid-June were; Average Java, 7 27-32 d. per 'h>., and Prime Japara, 7 7-16 d. per lb.

Cocoa

Quote No. 1: New Guinea cocoa £26-28 per ton.

Quote No. 2; Accra, good fermented, £25/ 10 - per ton. c.i.f., Sydney.

Quote No. 3: £26 per ton.

Cotton

London c.i.f. cotton prices during the month were; May 12, 4.82 d. lb., June shipment; May 19, 5.06 d. lb., June shipment; May 26, 4.89 d. lb., June shipment; June 2 (market closed); June 9, 5.08 d. lb., July shipment.

Ivory Nuts

No 1 quotation; £7 per ton, f.o.b.

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

Quotations nominal.

Rice

Rangoon rice: packed in 100 lb. bags, £l2/ 15,- per ton; 200 lb. sacks, £l2/10/- 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 overseas credits, there have been no sales for some time.

Quotations are nominal. (a) Trochus shell. No. 1 grade £7l Trochus shell, No. 2 grade £6l Trochus shell, No. 3 grade £49 (b) Trochus shell, No. 1 grade £75 Trochus shell, No. 2 grade £63 Trochus shell, No. 3 grade £5O All quotes are f.0.b., and on the Australian £.

Mother of Pearl Shell

At the May sales of Mother of Pearl shell in London a smaller supply was brought forward.

Sound shells were neglected and mostly with drawn. Defective grades, however, were again in demand and sold with competition at about last sale’s prices. A moderate supply of Torres Strait shell came forward and 135 packages were sold at prices ranging from £5/12/6 per cwt. for B Stout medium (part rather yellow) to 75/- for D defective pickings. About 50 packages of Tahitian Black Edged were put up, 6 being sold at 55/- for fair to good colour chicken.

Green Snail Shell

Green snail shell, good quality, was quoted nominally by Sydney buyers in mid-June at £45 per ton.