Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-01-21
Review of the Coffee Trade.

From the New York American Grocer, Jan. Il.
The following is the latest Rio telegram,
and is up to Dec. "a: "Sales for United
States since 10Th, $4,000 bags; shipments,
$4,000 bags; loading, 1900 bags; stock al
date, $4,000 bags; average daily receipts,
$500 bags; Rice, 1ll7OO; market active and
advancing; exchange, 265d." The total
purchases for the United States in Deem
Der were 10000 bags, showing something
of an increase; but they will not be due
here until next month. The telegram is
considered favorable 10 holders, rs it shows
small stocks and very light daily receipts,
but this is not unusual during the holiday
season. The market has not been particll-
larry active here during the week, but the
tendency of prices is still upward, and we
raise our quotations of Brazils &c gold.
The stock in Baltimore has been about all
cleared out, and this adds strength to this
market. European advices also show
general advance all over Europe.
We quote: Brazil cargOes, gold, G0a90
days credit, as follows: Ordinary ~ gla24sc;
fair, 25.a2G; good, 2Gaa21c; prime, ~ aa27sc;
extreme range for lots, 24Ja2Sc; job lots
IaJc higher. The movement of Brazils for
the week is reported as follows by MesSrs.
Wait. Creighton * Morrison; Receipts, H..
100; sales, l2,27S bags; stock in first hands
III New York, g., S14 bags; Philadelphia,
none; Baltimore, 3S7 bags; Hampton
Roads, $500; Richmond, none; Charleston,
$500 bags; Savannah, $500 bags; Mobile,
none; New Orleans, 1000 bags; Galveston,
3,4OO bags; afioat for New York, 14,7OO
bags; for other United States ports, $1,000
bags; total stock and visible supplies of
Brazils in first hands, 79,701 bags.
The market for mild coffees has contin-
ued active, and the current receipts have
been taken on arrival, again leaving the
stocks in first hands in very reduced con-
ditiOn, while prices show further advance
of .aac. gold. Java is still quoted at SOC,
gold by the cargo, but in view of the adj
vance in EutOpe, it is doubtful if any
could now be bought at that figure. The
sales this week hove been II, 100 mats Java,
ez bark Arlington, sold before arrival on
private terms; 1926 bags MaracaibO, ex
sundry vessels, at 27a2Sc. gold. Also in
lots for consumption, at prices within our
quotations below: 764 bags Sayanilla, $50
bags Jamaica, 592 bags Mexican, / ,0S3 bags
Porto Rico, 1925 bags st. Domingo. $50
bags AngOstura, 90 bags Costa Rica. Total
stock other than Rio, 3,73S bags and A.
6l5 mats Java in first hands.
From the New Orleans Times, Jan. Il.
The weekly coffee statements of Messrs
Marks K Co. and Small IL Co. report the
market strong at 27ia2SIc for prime. pa
27ic for good, 2Gaa27c for fair, and 24a2jc
for ordinary, with no arrivals; sales 1926
bags, stock LII. Their monthly state
ments, of tO-day's dates, concur in putting
down the imports at 10000 bags; sales "a.
467, including a cargo of 4, 1JG on the 18th
ult., not previously reported, 2S,533. To-
tai receipts since July l, 1O6,S5S, and sales
los, S37.
MeSSrs. Marks & Co. say: Since the date
Of our last monthly the market has been
active and advancing, and a comparison
made of quotations prevailing at that time |
with those now ruling, exhibits an en- :