Islands Produce
p. 71 · Read in the full issue
THE following quotations were obtained in mid-September:—
Coffee
Robusta, f.a.q., imported from Java on firm conversion of exchange, c.i.f., prompt shipment, Sydney (Sterling): Price fixed by Government at 28/9 per cwt.
Robusta (f.a.q. in store Sydney): Bd. per lb. (Note: Importers of coffee from Java, etc., pay additional charges, including Exchange, duty (4d. lb.), primage (10 per cent.), landing costs (1/- per cwt.), war duty (10 per cent.). Coffee from Papua and New Guinea escapes most of these charges.) Kenya, f.a.q., immediate shipment, c.i.f., Sydney, per cwt. (Stg.): Quote No. 1: Grade “B”. 62/-; “C”, 60/- (Season closed). Quote No. 2: Grade “A”, 64/-; Grade “B”, 58/- (Sep tember shipment).
Mysore, f.a.q., c.i.f.. Sydney, per cwt. Quote No. 1: Ships assortment, 68/-, January ship ment.
Arabian (Adeni Hodeidah. f.a.q., c.i.f., Sydney, No. 1 quotation: 86/- per cwt.
Papuan and New Guinea-grown coffee was quoted by one Sydney agent as follows:—Top grade: Bd. per lb.; 2nd grade: 7%d. per lb.; 3rd grade: 7 1 / 2 d. per lb. Another importer re ports that a parcel of Papuan coffee (a similar type to Java Robusta) was sold in Sydney re cently at 9d. a lb. A third importer reported sales of New Guinea coffee at prices ranging from 7Vad. to BV 4 d. (delivered store, Sydney) according to quality.
Kapok
Java. Government-controlled prices:—Average Java, 6-7/16d. per lb., c.i.f. (Stg.); Prime Japara, 6 3 /4d. per lb., c.i.f. (Stg.). (Subject to exchange 25 1 / 2 %, duty 2d. per lb.. 10% primage, 10% war duty, wharfage, etc.).
Sydney quotations; Average Java, ll*/ 2 d. lb.; Prime Japara, 12t£d. lb.
Ivory Nuts
Owing to the International situation, Sydney agents are not quoting for ivory nuts. The last quotations, several months ago, indicated that a nominal rate was in the vicinity of £7 per ton.
Cocoa
New Guinea cocoa: Quote No. 1: £39-41 per ton. Quote No. 2: £39-41. Quote No. 3: £4l.
Accra, good fermented, £3O/10/- old crop; new crop not available.
Rice
Rangoon rice, packed in 100 lb. bags. £l7/10/per ton; 200 lb. sacks, £l7/5/- per ton.
Australian table rice, packed in 56 lb. bags, £2O per ton.
Trochus Shell
Sydney agents report that there has been no recent activity on the Trochus shell market. The following nominal prices were given several months ago:—Quote 1: Grade “A”, £7B; “B”, £6B; “C”, £54. Quote 2: Grade “A”, £Bo’
“B”, £69; “C”. £56. All quotes are f.0.b., and on the Australian £.
Mother Of Pearl Shell
Since the outbreak of war, public auctions of M.O.P. shell in London have been suspended, according to Sydney agents.
Green Snail Shell
Green snail shell, quoted by Sydney buyers:— Quote No. 1: £45-50. No. 2: £5O. No. 3: £5l.