The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 15 May 1940Vol. X, No. 10

Islands Produce

p. 74 · Read in the full issue

THE following quotations were obtained in Sydney in mid-May:—

Coffee

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

Sydney: Quote No. 1 (Based on 12 guilders to £): 17/6 per cwt. Quote No. 2: 18 6 per cwt.

Kenya, f.a.q., immediate shipment, c.i.f., Sydney, per cwt. Quote No. 1; Grade “B”, 66/-; “C”, 62/-. Quote No. 2 (Sterling!: Kenya Robusta, through Mombasa, 38/3: Uganda (native cleaned-washed), 35/3; Bukoba (plantation cleaned-washed), 48/6.

Mysore, f.a.q., c.i.f., Sydney, per cwt. Quote No. 1 (Sterling): No quote for Mysore available.

May-June shipment of Nilgiri, an Indian coffee of similar quality to Mysore, quoted. “A”. 79/-; ■‘C”, 69/-. Quote No. 2; Grade “A”, 92/-; “B”, 74/-; Triage, 68/-.

Arabian (Aden) Hodeidah, f.a.q., c.i.f., Sydney, No. 1 quotation, 81/6 stg. per cwt. No. 2 quotation, 84/- per cwt.

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-May 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: £36. Quote No. 3: £4O.

Accra, good fermented, May-June shipment, £33 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

Quote 1 (Nominal): Grade “A”, £74; grade • B”, £63; grade “C”, £49. Quote 2; Sales towards end of April realised: Grade “A”, £7B; B", £6B; £54. Quote 3; Grade “A’ - , £80; -B", £69; “C”, £56.

All quotes are f.0.b., and on the Australian £.

Mother of Pearl Shell

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

Green Snail Shell

Green snail shell, quoted nominally by Sydney buyers:—Quote No. 1; £45. No. 2: £5O.