Islands Produce

(Quotations in Australian Currency)

Cocoa

Prices for cocoa beans imported to Australia are fixed and controlled by the Cocoa, Choco late and Confectionery Committee. These prices, quoted to us as the official Australian fixed price, bear no relation to the ruling f.o.b.

Island port price in New Hebrides, etc. We are therefore omitting all quotations—they are misleading.

Trochus Shell

Some parcels have recently changed hands.

Nominal quotations in November showed prices at the following levels: Approximately £6O per ton, Sydney. (£35 per ton Suva.)

Coffee

No purchases are permitted in Australia without the consent of the Tea and Coffee Control Board, to whom all offers must first be submitted. Nominal quotations as follows; — New Caledonian; Arabica. £124 per ton (f.a.q.). Robusta, £lO4 per ton (c.i.f. Sydney).

Mysore: £220 to £240 (c. & f., Sydney).

New Guinea and Papua: £ll2 per ton (c.i.f.).

Java: No quotations.

Vanilla Beans

No supplies available. Nominal quotations only.

Kapok

Very little movement in Javanese kapok.

Nominal quotation 2/1 Vi per lb.

Indian kapok is being quoted for indent at 1/6 per lb. c.i.f. stg.

Cotton

Controlled in Australia. Stocks being made available to manufacturers at following rates: — For spinning and weaving yarns, 14Vid. per lb.; cordage making, ll%d. per lb.; condenser yam, 12d. per lb.

Ivory Nuts

No firm quotations available.

Rice

No quotations.

Green Snail Shell

F.a.q.. £lOO per ton, in store, Sydney. Market in chaotic condition; no orders are being re ceived.

Pearl Shell

Australian-controlled price:— “B” Class, £2OO per ton. “C” Class, £l9O per ton. “D” Class, £135 per ton.

Transactions are unofficially reported.