Honolulu Republican, Volume IV, Number 506, 25 Ianuali 1902 — OUTLOOK FOR COFFEE MARKET NOT GOOD [ARTICLE]

OUTLOOK FOR COFFEE MARKET NOT GOOD

NEW YORK. Jan 9—Willett and Gray, in their circular of today, say; The decline in all the coffee markets, which commenced with the opening of business for the new year, has continued and indications are that values must go lower. These indications lie in the facts that receipts continue large, that trade everywhere continues duN. and perhaps, what is far more significant, that information now coming out from Brazil is of a tar more different character to that which the coffee world has been treated —we mean that larger estimates of the present crop are being c- n firtned. and the prospects of the next Rio and Santos crops are such as to indicate much bigger figures than these which sensational cables have in. We don't think, from all that we can gather, that there is any doubt about the present crop being fufly 15.rt0rt.000 bags and allowing that some portion mav be held over in the interior, such a crop is altogether too big for pr°sent prlc s. in view of the fact there is such a heavy surplus accumulating from this one. much more than enough to compensate for a respectable shortage on th-* next.