Also about the 'wonderful' demand for groundnuts, and hides being the only 'dark spot'. Possibility of extending De Bruyn's shea nut business to New Orleans and Spain. Financial matters include:

'Problem' of shipping quantities of groundnuts, and 'a frightful lot of stuff' at Burutu. Shipping situation apparently unclarified by Sir Own Philipps's interview with Bonar Law, but Philipps accommodating Company with two charters; Trigge's proposals to him about freight rates.

Plans for 'fusion' at standstill; parties to Working Agreement hold back contributions; purchase of plots in Port Harcourt by River firms at inflated prices. Laws, Rumbold & Co. taking over management to boost failing raining companies; coal and galena deposits at Udi, to be exploited via the new railway. American business interest in Nigeria beginning.