Islands Produce

THE following quotations were obtained In Sydney in mid-August;—

Coffee

Robusta, f.a.q., imported from Java on firm conversion of exchange, c.i.f., prompt shipment, Sydney: Quote No. 1: 25/- stg. per cwt. (prompt shipment); 21/- stg. (Jan.-June shipment); quote No. 2: 18/3 per cwt.

Kenya, f.a.q., immediate shipment, c.i.f., Syd ney, per cwt. —Grade "B", 55/-; grade “C”. 51/-.

Mysore, f.a.q., c.i.f., Sydney, per cwt., No. 1 quotations: Grade “A”, 64 - stg.; grade “B”, 57/6 stg.

Arabian (Aden) Hodeidah, f.a.q., c.i.f., Sydney —No. 1 quotation, 71/- stg. per cwt. No. 2 quotation, 76/- per cwt.

Note: Importers of coffpe 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 c.i.f, official prices for kapok were: Average Java, 7 27-32 d. per lb., and Prime Japara, 7 7-16 d. per lb.

Cotton

London c.i.f. cotton prices during the month were: July 14, 4.81 d. lb., August shipment; July 21; 4.52 d. lb., August shipment; July 28, 4.69 d. lb., August shipment; August 4,4.62 d. lb., Sep tember shipment; August 11, 4.51 d. lb., Septem ber shipment.

Ivory Nuts

No 1 quotation; £7 per ton, f.o.b.

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

Quotations nominal.

Cocoa

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

Quote No. 2; Accra, good fermented, £23/10/stg. per ton, c.i.f., Sydney.

Quote No. 3: £26 per ton.

Rice

Rangoon rice, packed in 100 lb. bags, £l2/10/per ton; 200 lb. sacks, £l2/15/- per ton, f.0.b., Sydney.

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

Mother of Pearl Shell

At the Mother of Pearl Shell sales in London in mid-July a smaller supply was brought for ward, but owing to the political tension there was a limited demand. A small proportion was disposed of at steady to occasionally lower prices. Of 415 packages of Torres Strait shell, 125 were sold at prices ranging from 110/- per cwt. B Stout' medium to 15/- per cwt. for EE rejections. Nearly 50 packages of Black Edged Tahiti shell put up were later withdrawn. 8 packages of Black Edged Fiji fetched 20/- for small to bold and 5/- for defective and broken.

The next auction will be held on September 12.

Trochus Shell

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

The following are nominal quotations from three Sydney sources:—

Green Snail Shell

Green snail shell, quoted nominally by Sydney buyers:—Quote No. 1; £4O; No. 2; £4B-£5O.

£ £ £ No. 1 grade ... 73 75 76 No. 2 grade ... 62 63 64 No. 3 grade ... 49 50 All quotes are f.o.b., and on the Australian £.