development of mildew, and consists of treading the beans with the bare feet. Some of the large manufacturers in Europe have recommended that the Gold Coast planters should ferment their produce, but should not wash the beans after fermentation. =Markets.=—Certain large cocoa-buying centres are recognised, which, in the Volta River district, are situated at the foot of the hilly country, in positions convenient for transport to the ports of shipment. In addition to these, however, a good deal of buying is proceeded with at smaller places in the midst of the growing districts, but these probably represent the localities for the transactions carried on by agents or middlemen. Until the produce is actually in the hands of the shippers, the conveyance of cocoa is almost entirely done by head-loads of about 60 lbs. The head-load is the standard for trading, and the local price quoted is always with reference to it. It is customary for the buying shippers to send out their agents to the cocoa districts to arrange for the purchase of the crops, and it is always necessary that such purchases should be paid for in silver, no notes or cheques being accepted. Owing to competition during the past few years, the agents have often paid the grower a sum of money long before his crop was ready for picking, in order to guarantee that it may be bought by no one else. This has had the effect of making the grower careless in the preparation of his crop, and has caused the production of much bad material. The report that at another town, often distant by many days’ journey, a higher price is being paid than that obtained in a market close at hand, will frequently induce a native to convey his head-loads to the distant market, regardless of the fact that the extra shilling or so he may receive does not appear to be sufficient compensation for the additional labour and time expended. This points to the fact that the native does not put the same value on his time and labour when he is working for himself as he does when he is employed by others.