Up 50 Per Cent.
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.
