COMMERCE 491 



Lisbon derives its importance from the fact that 

 nearly all the cocoa from San Thome and Principe goes 

 to its market. 



In the same way Amsterdam is only of importance 

 as a market for Java cocoa. In 1911, 31,669 bags of 

 cocoa came to the Amsterdam market, of which 31,223 

 were Java cocoa; in 1910, 26,064 bags, of which 

 25,834 came from Java. It is customary on the 

 Amsterdam market to sell the cocoa at public auction. 



Of far greater importance are Hamburg, Havre, 

 London, and New York. 



Some twenty-five years ago London was the most 

 important market. The supply amounted to about 

 9 million kilograms, while in Havre about 6 million 

 and in Hamburg about 5 million kilograms came to 

 the market. 



Since that time, however, conditions have changed, 

 and the supply in London has not grown in accordance 

 with the growth of the world production. In the same 

 way as the importance of London decreased, Hamburg 

 and Havre increased. 



About 1891 the arrivals at Havre attained the 

 same figure as those of London (about 13 million 

 kilograms). After that time Havre surpassed London 

 more and more, and in 1905 the supply of Havre was 

 38 million kilograms, of London only 12*6 million 

 kilograms. Hamburg surpassed London for the first 

 time in 1896; in 1905, however, its supply amounted 

 to more than three times the London supply. 



Up till 1908 Hamburg surpassed both Havre and 

 London, but gradually Havre has again gained more 

 importance, and in 1909 it again surpassed Hamburg. 

 In this year the arrivals were : 



Havre. Hamburg. London. New York. 



1909 762,701 731,214 270,642 577,304 bags 

 (1 bag contains about 70 kilograms.) 



The arrivals in the four principal ports were in the 

 last four years as follows : 



