Evening star., 1924-07-24
100000 BAGS HELD UP
Brazil's Attitude on Shipments
Vital to Situation.

BY j. c. ROYLl
Special Dispatch 10 The star

special Dispatch 10 The star.
NEW YORK, July 24-Whether ol
not the aroma OF breakfast table
coffee is going to be more expensive
perfume for American noStrils seems
to depend not only on the duration
OF the Brazilian revolt in Sac raulc
hut on what action the Brazilian
government takes after the revoIu.
ton Is over.
The new Brazilian crop now is
ready to come on the market. Since
the Stvo!ution started somewhere
arounh 10000 bags. which normally
would Ave been shipped to the out
SIDE woI Id from Santos, the port OF
Sac Paulo, N under the restriction
placed on Nports by the Brazilian
national government to further its
scheme for the price control of coff ee
have been damned back
Little Coffee Arriving
Stocks of coffee in some sections
OF this country have grown short and
spot coffee prices have advanced
materially. A survey of the situation
shows less than months supply in
the hands of importers, and the rush
OF consumers to stock up has depleted
supplies of retailers. only one ship
Brazil to the Pacific Coast. Similar
situa tions exist in other parts OF the
United States.
me important question is whether
after the cessation of hostilities the
Brazilian government will permit the
back shipments, checked at Santos.
to come out or whether they will
allow only the usual restricted
amount to be shipped.
of Santos Coffee has tne undoussean
strengthened the statistical position
of the government in reference to it's
efforts to hold up the price of coffee.
But the revolution has cost the gov
g. m q n y q q dnr r. Z hot
cost will continue as long as the
revolution lasts. In addition the out
break has had a depressing effect on
Brazilian exchange.
Brill May Push Shipments.
1t may be that the pressing need
of cash for the rehabilitation of ex
change may induce the government
to allow the delayed shipments to
reach American markets. In this
event. danger of a shortage will he
largely obviated. Such danger exists
in the better grade rather than in
the cheaper coffees, since the former
largely is produced in Sac Paulo state
and shipped by way of Santos. 1t is
understood late shipments to that
port were of especially superior
Brazilian crop this year is
short. running only about so per cent
of that of last year. Consumption
has increased rapidly, both in Ameri-
ca anu European countries WOrIQ
requirements for 1924 are estimated
at over 22.000.000 bags. The Brazil
ian crop, the carry-over from the pre-
vious crop and the amount produced
in all the other countries between
100000 and 100000 bags) will
scarcely equal those requirements.
The strength of the position Of the
supplies gathered at Santos therefore
can readily be understood.
Shipment from other Places.
Shipments. to be sure. are proceed
ing from Rio de Janeiro and other
ports, but these are of a character to
supply only part of the demands
of American consumers. Moreover,
much of the 1923-24 crop was dam
aged by rains last winter, which fur
ther reduced the supplies of desirable
grades available for export consump-
ton.
Widely different reports have been
circulated as to the progress Of the
revolution. Reports coming from
sources close to the scene Of the
trouble would seem to indicate that
the disturbance shortly will be put
down. The most -pessimistic reports
apparently come by way Of Buenos
Aires and Montevideo, where no par.
ticularly cordial feeling exists in
business circles for the Brazilian gov
ernment