W. Samoan Cocoa Price
p. 67 · Read in the full issue
From Our Own Correspondent APIA, January 11.
AFTER inactivity during the holiday season the overseas cocoa market seems to have revived somewhat and sales have recently been effected at the rate of £260 FOB, Apia, per ton. A fur ther rise is confidently anticipated by growers.
It is difficult, at the present time, to estimate the extent of the damage done to the present crop by the heavy rainfall during December, but a large portion of the ripening pods and the flowers have turned black and prospects are not en couraging for the next half year.