Islands Produce

“T”HE following quotations were obtained in 1 Sydney in mid-March:—

Coffee

Robusta, f.a.q., imported from Java on firm conversion of exchange, c.i.f., prompt shipment.

Sydney: Quote No. 1: 19/6t per cwt. Quote No 2 (based on 12 guilders to £): 21/6* per cwt.

Kenya, f.a.q., immediate shipment, c.i f Sydney, per cwt. Quote No. 1: Grade “A” 65/-* : grade “B”, 63/-*; grade “C”, 51/-*. Quote No! 2. Grade •‘B”, 64/-j; grade “C”, 60/-f.

Mysore, f.a.q., c.i.f., Sydney, per cwt.. No. 1 quotations: Grade “A”, 91/-f; grade “B ”, 89/-- Triage, 77/-. No. 2 quotations: Jan.-Mar.’ ship ment, Grade “A’', 74/-*; grade “B” 72/fi*grade “C”, 66/-*. ’ ’

Arabian (Aden) Hodeidah, f.a.q., c.i f Sydney —No. 1 quotation, 79/-* stg. per cwt! No. 2 quotation, 78/- per cwt.f tPurely nominal, as sterling rates of exchange have been fluctuating. B ♦Extra freight and war risk for buyer’s account.

Note: Importers of coffee from Java, etc., pay the following additional charges: Exchange, duty 4d. lb. I, 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-March were- Average Java, sd. per lb., and Prime Japara 5 7/32d. 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

New Guinea Cocoa: Quote No. 1: £4O per ton Quote No. 2: £3ff. Quote No. 3: £42.

Accra, good fermented: £3l stg.

Rice

Rangoon rice, packed in 100 lb. bags, £l6 per ton; 200 lb. sacks, £l5/15/- per ton, Australian table rice, packed in 56 lb bags £2O per ton.

Trochus Shell

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

The following are nominal quotations from three Sydney sources:—

Mother of Feorl Shell

Sydney agents report that since the outbreak of war, no regular public sales of Mother o£ Pearl shell have been held in London.

Green Snail Shell

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

Mr. J. A. Bustin, of Madang, New Guinea, recently arrived in Australia to spend holidays.

£ £ £ No. 1 grade 75 77 80 No. 2 grade 64 66 »/ 2 *69 No. 3 grade 50 52 56 All quotes are*f.o.b., and on the Australian £_