Rio de Janeiro, Aug. 15 – The first month of the new coffee crop was not very encouraging, with deliveries from the interior less than July of last year. Exports were also lower, the July total being 1,-162,738 bags as against 1,271,083 in July, 1938. However, the new policy of competition seems justified in view of the fact that in July,1937, when “defense” was effective, exports amounted to only 723,100 bags.
