Word: brazill
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...wheat. There he was greeted by suave, dark Ambassador Rinaldo de Lima e Silva. After exchanging amenities, they sat down together at a table, squiggled their names to a document. When they got up and shook hands, the U. S. had contracted to trade Brazil 25,000,000 bu. of wheat for 1,050,000 bags of Sao Paulo coffee...
...Brazil tried and failed to valorize its coffee production long before the U. S. attempted the same thing with wheat and cotton. In dead storage are some 19,000,000 bags of Brazilian coffee for which no market exists. The U. S. agreed to start shipping wheat next month. Brazil would deliver its coffee to Bush Terminal in Brooklyn, N. Y. where it would be handled, graded and stored for the Farm Board which promised to sell none of it for at least a year. After that time the Board would market its coffee at the rate...
...wheat the Farm Board will ship Brazil is worth about 50? per bu. at current prices, a total of $12,500,000. With 132 lb. to the bag, Brazil's coffee weighs 138,600,000 Ib. and at a trading price of 8½? per Ib. is worth $11,781,000. It amounts to 8% of U. S. coffee consumption. (Last year's imports...
...discrepancy between the coffee value and the wheat value Brazil made up by agreeing to pay Bush Terminal 225,000 bags of coffee (value at current prices: $2,524,000) for its services as commission merchant and storage...
...younger generation-William Henry Hamilton Jr. and his partner H. Charles Winans. Mr. Hamilton is Samuel Vauclain's widower son-in-law. Mr. Winans' wife is smart Novelist Katharine Brush (Glitter, Young Man of Manhattan). Both men used to be with Guaranty Trust Co. Partner Winans knew Brazil through having held a post there for White, Weld & Co. The idea of a direct barter between the U. S. and Brazilian Governments occurred to Banker Hamilton one evening last winter after a meeting of the council of New York University, in which he sits. Many trips to Washington followed...