Japanese Attempt to Grab Coffee Shipping Business San Francisco, Nov. 11.
A new shipping war in South American trade has been started by the Japanese-owned Yamashita Line, according to the Institute of Pacific Relations.
It has fired the opening shot by a clash in the Brazil-California coffee rate from US$1 to 50 cents a bag This action, the Institute states, culminates Japanese efforts to cut into the lucrative trade controlled by an American and a Norwegian line.
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