The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 14 October 1939Vol. X, No. 3

Islands Produce

p. 74 · Read in the full issue

THE following quotations were obtained In Sydnej' in mid-October: —

Coffee

Robusta, f.a.q.. imported from Java on firm conversion of exchange, c.i.f.. prompt shipment, Sydney: Quote No. 1: 20/-t per cwt.

Kenya, f.a.q., immediate shipment, c.i.f., Syd ney, per cwt. Quote No. 1: Grade “B”, 63/-* (prompt shipment). Quote No. 2:t Grade “B”, 68/-; grade “C”, 65/-.

Mysore, f.a.q., c.i.f., Sydney, per cwt., No. 1 quotations: Grade “A” (January delivery), 64/-t; grade “B” (January delivery), 60/-t.

Arabian (Aden) Hodeidah, f.a.q.. c.i.f., Sydney —No. 1 quotation, 85/-® stg. per cwt. No. 2 quotation, 105/- per cwt.t »Does not include War Risk. tPurely nominal, as sterling rates of ex change have been fluctuating widely.

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 c.i.f. prices for kapok in mid-October were; Average Java, SHsd. per lb., and Prime Japara, 5-7/16d. per lb.

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. £3B per ton (market rising).

Quote No. 2: Accra, good fermented—no recent quotes have been released; last figure several months ago was £22/10/- stg. oer ton, c.i.f.

Sydney.

Rice

Rangoon rice, packed in 100 lb. bags and 200 lb. sacks. Market nominal, no quotes.

Australian table rice, packed in 56 lb. bags, £2O per ton.

Mother of Pearl Shell

The following prices were ruling at the last- London sales (July) :—Torres Strait shell, from 110 - per cwt. B Stout medium to 15/- per cwt. for EE rejections. Black Edged Fiji, 20 - for small to bold and 5/- for defective and broken.

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: £49.

No. 1 grade .. £ £ £ .. .. 70 75 75 No. 2 grade .. 63 65 No. 3 grade .. .. .. 47 50 52 All quotes are f.o.b., and on the Australian £.