162 



bags Caracas, 38 bags Java, 279 bags Guatemala, 347 bags Rio, 

 and 500 Santos. The sales went off with good competition at full 

 rates. 



A cable to hand yesterday from Messrs. E. Johnston & Co. says 

 " Prospects very bad indeed for the coming Rio as well as Santos 

 crops. Estimate the former at 2,500,000 bags and latter at 

 4,500,000 bags. " 



Brazil futures have continued excited on strong improvement in 

 the Continental markets on Messrs. E. Johnston's report, which we 

 annex, and our market opened this morning at is. $d. to is. 6d. 

 advance, and we close at almost the highest of the day. May 

 opened at 395-. and has been done up to 39s. 6d. March at 38s. j^d. 

 September 4.0s. 4.\d. up to 405. j^d. December 37s. 6d. to 37s. io^d. 



Receipts are moderate, viz. : — 73,000 bags and pointers are still 

 less, viz : 40,000. Exchange remains unchanged at uff^. 



In comparing Messrs. Johnston's estimate for the next crop with 

 receipts already received from 1st July to present time, we would 

 point out that so far this season we have received 8,250,000 bags 

 which have nearly all gone into consumption, against their estimate 

 of seven millions for both crops. If these figures are correct of 

 course next year we must see prices many shillings dearer. 



New York opens steady at 5 to 10 points advance. 



Messrs. E. Johnston & Co. favour us with the following: — From 

 Rio.* — From information carefully gathered in all " districts, Rio 

 flowering practically failure. In some districts owing to want of 

 funds and low prices, labourers and Metayers abandoning land. 

 From appearance at present new Rio crop estimated at about 2\ 

 millions maximum. Owing to trees very bad condition, further 

 flowering unlikely. " 



From Santos: — " Trees very exhausted from old Santos crop, 

 and damage to crop serious owing to drought. It has rained a 

 little recently, but not sufficient to be beneficial. Drought con- 

 tinues ; unless there is continued rain very soon, new crop estimated 

 at about 4J millions." 



At the Dutch Trading Co's public sale held in Amsterdam on 

 Tuesday, 19,699 bags 97 cases were offered ; good ordinary Java 

 realised 38c. against l$\c. valuation, and 35*:. last sales held in 

 Rotterdam. 



The following are some of the particulars : — 

 Lying in Rotterdam. 







Valued at 



Result 



No. 



Bags. 



Cents. 



Cents. 





339 



36 



391 at 39i 



392 at 40 



2 



970 



36 



7 



726 



36 



38 at 38J 



'3 



468 



23h 



23I at 24 



14 



- 1,248 



3« 



40 at 40J 



15 



556 



33 



36 at 365 



16 



444 



33 



35* at 36 



'7 



649 



45 



47? at 48 



20h 



r 9 



462 



19 



