3 s * 



towards the close of the year in October did the reports of a con- 

 siderable decrease in the expected Brazil Crop cause some reaction 

 in the market. The Java coffees ranged in value from $td. to jld. 

 per lb, West Indian from 5 to 7^ Santos from 3^ to \d. African 

 2^d to 2>^d- per lb. Overproduction in Brazil had brought the 

 prices for coffee down to a figure at which cultivation no longer 

 paid and it would appear that nothing but a diminution in the 

 Brazil production can give firmness to the market. The production 

 in Java diminished in consequence of a bad crop nor is the present 

 state of production in the Dutch East Indies progressive in con- 

 sequence of the overpowering competition in Santos. 



The dealings in " futures" especially for Santos showed a con- 

 siderable increase. In Java there were next to no transactions oi 

 this nature for want of material. 



Copra. 



Copra has greatly increased in importance in Holland markets 

 not less than 40,740 tons being disposed of in Amsterdam in 1901. 

 A great diminution in the crops was reported and as the con- 

 sumption is steadily increasing there was much activity in the 

 market at rising prices. Copra oil is a product which is in such 

 demand that if the diminished supply of copra is not made up by 

 larger crops and importation, prices may probably still advance. 

 Quotations during 1901 ranged from 155. per cwt. in January to 

 18.10 in December, through a steady advance while Copra oil rose 

 from £2. 6. 7 to £2. 18. 5 per cwt. 



Kapok. 



Total importation of Kapok was 48,000 bales nearly entirely for 

 Amsterdam. Present quotations superior cleaned ]±d. to jld. per 

 tb\ and good $±d. to jld. per tb. 



Consular Report for igor. 



COFPEA STENOPHYLLA. 



A sample of this Coffee cured and grown in Trinidad Botanic 

 Gardens was forwarded to Messrs. Smithell & Co., 39 Mincing 

 Lane, from the Imperial Department of Agriculture for the West 

 Indies, for their report which was "The Coffee roasts evenly and 

 the infusion is good better indeed than could be expected from the 

 appearance of the raw bean. This variety of Coffee is not known 

 on the London market but might readily become a marketable 

 product. Owing to the present low price of Santos (Brazil Coffee) 

 we could not value it in the present state of the market at above 

 38.9. to 40.9. per cwt. in Bond. Messrs. C. M. & C. Woodhouse of 

 Mincing Lane also report as follows : We look favourably upon 

 the sample and see no reason why the Coffee should not find a 

 ready sale. To-day's value is about 425-. per cwt. 



Agricultural Nws /, />. 7. 



