The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 15 November 1939Vol. X, No. 4

Up 50 Per Cent.

p. 9 · Read in the full issue

Pacific Cocoa in Sydney

PACIFIC ISLANDS cocoa-growers can see a rainbow over Australia.

During the month, New Guinea cocoa was sold in Australia at from £36 to £3B, and, on November 10, there was a bid in Sydney of £39 per ton for a par cel from Rabaul. This is a rise of 50 per cent, since August 31.

A parcel of Samoan cocoa-beans sold in Sydney at £42 per ton.

If only New Guinea interests will seize the chance, their cocoa-planting indus try will be soundly and permanently es tablished.