Islands Produce
p. 63 · Read in the full issue
“THE following quotations were obtained in * Sydney in mid-March:—
Coffee
Bobusta, f.a.q., imported from Java on Arm conversion of exchange, c.i.f., prompt shipment, Sydney (Sterling): Quote No. 1: 39/9. Quote No. 2: 39/6.
Kenya, f.a.q., immediate shipment, c.i.f., Sydney, per cwt. (Stg.): Balance of crop sold to USA, no further supplies available. Last quotes were: Grade “B”, 65/-; “C”, 62/-.
Mysore, f.a.q., c.i.f., Sydney, per cwt. Quote No. 1: Ship’s assortment, Government pool formed, Grade “A”, 82/-; Grade “B”, 76/-; Grade “C”, 69/-. (It has been reported in Sydney, however, that parcels have been bought at prices lower than the above official quo tations.) Quote No. 2 (c.i.f., Sydney): Grade “A”, 73/-; Grade “B”, 66/-; Triage, 60/-.
Arabian (Aden) f.a.q., c.i.f., Sydney. No. 1 quotation: 82/-.
NG and Papua: New season’s crop not yet available, last quoted at prices ranging from 8d to 9d. per lb.
New Caledonian: Some Sydney agents report that as there Is no Government grading system in the Colony, New Caledonian coffee coming into Australia varies considerably in quality, making it difficult to give general quotations on either the Arablca or Robusta grades. Each parcel, it is stated, must be treated on its merits. The following are quotations obtained from several different sources in March: —Quote No. 1 (in store, Sydney): Arabica. from 10 7 / B d. to liy 2 d. ner lb.; Robusta, B%d. per lb. Quote No. 2 (c.i.f., Sydney): Robusta. 4d. per lb. Quote No. 3 (c.i.f., Sydney): Arabica, Bd. ner lb.; Robusta, 4d. per lb. Quote No. 4 (c.i.f.. Svdnev) : Arabica, £5B-£6O per ton (6-3/14-6-6/14d. per lb); Robusta, £36-£4O per ton (3-23/3.G-4-2/7d per lb.).
New Hebrides: £3O per ton, f.0.b., New Hebrides ports (3-3/14d. per lb.). (Note: Importers of coffee pay additional charges, including exchange, duty (4.4 d. lb.), primage (11 per cent.), landing costs (1/- per cwt.). war duty (10 per cent.). Coffee from Papua and New Guinea escapes most of these charges.)
Kapok
Java fGovernment-controlled prices).—Average Jev*. 6-7/16d. per lb., c.i.f. (St?.); Prime Japara fi3/ * d - per lb., c.i.f. (Stg.). Subiect to exchange dutv 2d. per lb.. 10% primage. 10% war dntv wharfage ot.c.
Svdnev quotations: Average Java. 12d. lb • Prime Japara, 12V 4 d. Ib.; Prime Java, 12V 2 d lb
Ivory Nuts
Owing to war conditions, Sydney agents are not quoting for ivory nuts. The last quo tations. some time ago, indicated that a nominal rate was in the vicinity of £7 per ton.
Cocoa
New Guinea cocoa; Quote No. 1; £44 per ton Quote No. 2: £42-£43.
Accra, good fermented, £33/10/- per ton (Sterling).
New Hebrides cocoa (delivered store, Sydney); Quote No. 1: £42 per ton. Quote No. 2: £4O - per ton. Quote No. 3: £37-£39 per ton, c.i.f., Sydney.
Rice
Rangoon rice, packed 100 lb. bags, £l9/10/per ton; 200 lb. sacks, £lB/10/- per ton.
Australian table rice, packed in 56 lb. bags,
Trochus Shell
Quote No. 1; Grade “A”, £57/10/-; Grade “B”. £4B/5/-; Grade “C”, £37/10/-; “Chicken” £37/10/-.
Another agent states that nominal prices are as follows:—Grade “A”, £6O; Grade “B” £5O - “C”, £4O.
Green Snail Shell
Green snail shell, quoted nominally by Sydney buyers:—Quote No. 1; £5O-£55. No. 2: £52 No. 3: £5O- £53, f.a.q,
Peanuts
New Guinea peanuts: Unshelled, 2%d. per lb.; shelled, 4y 2 d. per lb.
Gum Herol
Gum Herol, which is gathered in certain dis tricts of Papua and exported to Australia, where it is used in the manufacture of varnishes, etc., is quoted by a Sydney agent at £27 per ton.