An Unflattened Identity and Change Knowledge Graph

coffee market commodity

concept · 2 mentions

Market that experienced price manipulation and collapse

Other senses of “coffee market”

unspecified activity market

Connections

The concepts, people, and places this entity is most linked to by claims — node size is mention count, colour is type, dashed nodes are other senses of the same word.

coffee marketcoffee market (—)coffee market (activity)coffee market (market)market conditions — 1 shared claimB.G. Arnold — 1 shared claimoverproduction — 1 shared claimcoffee trust — 1 shared claimmarket conditionsB.G. Arnoldoverproductioncoffee trust
ConceptPersonOrganization

Defining properties

Perspectives

Claims grouped by the voice that makes them.

William H. Ukers (author)

  • coffee market showed animation and prices began to advance market conditions end of November, 1917 ⟨due to speculation, steamer scarcity, and freight advance⟩
    At that time, speculation activities, steamer scarcity, and the steady advance in freights, became decided influences in the market; and prices began to advance
    judge verdicts (2)
    • groundedness 0.90 pass — The claim is directly supported by the passage. The text explicitly states that at the end of November 1917, 'speculation activities, steamer scarcity, and the steady advance in freights, became decided influences in the market; and prices began to advance.' The claim accurately captures this statement with only minimal rewording of the original passage.
    • qualifier_fidelity 0.85 pass — The claim is mostly faithful to the passage. Viewpoint, stance, sentiment, time, and quote are all accurate. However, there is a minor issue with the context qualifier: the passage states that 'The market here was steady and without particular animation...showed none until the end of November, 1917. At that time, speculation activities, steamer scarcity, and the steady advance in freights, became decided influences in the market; and prices began to advance.' The context should clarify that these three factors (speculation, steamer scarcity, freight advance) were the influences that caused the market to show animation and prices to advance - which is present but could be more precisely stated. The claim's context is acceptable but slightly loose in its formulation.
  • B.G. Arnold forced high-price levels in coffee market
    assertsnegativesource: coffee-pg28500
    the high-price levels to which Arnold had forced the coffee market
    judge verdicts (2)
    • groundedness 1.00 pass — The claim is directly stated in the passage: 'the high-price levels to which Arnold had forced the coffee market' explicitly indicates that B.G. Arnold forced high-price levels in the coffee market. This is a direct quote from the text.
    • qualifier_fidelity 0.85 pass — The claim is largely faithful to the passage. The viewpoint, stance, and time qualifiers are correct. However, there is a minor issue with the quote: the actual passage reads 'the high-price levels to which Arnold had forced the coffee market' but this is slightly awkward phrasing in the passage itself. The quote should be verified as appearing verbatim - the passage actually says 'the high-price levels to which Arnold had forced the coffee market' which matches what is provided. The sentiment qualifier as 'negative' is reasonable given the passage's description of the market crash that followed, though the passage itself presents this more as an unintended consequence rather than an explicitly negative characterization of Arnold's intent. The context is appropriately empty as the passage does not restrict the claim to a particular sense or role. All qualifiers are faithful to the passage.
  • overproduction forced down prices in coffee market
    assertsnegativesource: coffee-pg28500
    forced down prices with so amazing rapidity
    judge verdicts (2)
    • groundedness 1.00 pass — The claim is directly supported by the passage, which explicitly states that overproduction 'forced down prices with so amazing rapidity' in the coffee market. The claim accurately captures the causal relationship and negative consequence described in the text.
    • qualifier_fidelity 1.00 pass — All qualifiers are faithful to the passage. The viewpoint is correctly attributed to the author (the passage is written in third person narrative by the author, not attributed to a named source). The stance 'asserts' is appropriate as the passage states this as fact, not disputed. The sentiment 'negative' matches the passage's framing of price collapse as causing 'panic' and financial ruin. The time qualifiers are correctly null as the passage provides no specific dates for this event. The context is appropriately empty as the claim refers to the general coffee market without restriction to a specific sense or role. The quote 'forced down prices with so amazing rapidity' appears verbatim in the passage and accurately supports the claim about overproduction forcing down prices.

Current Literature

  • coffee trust held its grip on coffee market 1912
    assertsnegativesource: coffee-pg28500
    HOW the coffee trust has held its grip. Current Literature, 1912
    judge verdicts (4)
    • groundedness 1.00 pass — The claim is directly supported by the passage. The title 'HOW the coffee trust has held its grip' from Current Literature (1912, LIII: 52-54) explicitly states that the coffee trust held its grip, matching the subject, predicate, object, sentiment, and time period in the claim.
    • qualifier_fidelity 0.50 fail — The viewpoint qualifier is incorrect. The passage attributes this statement to 'Current Literature' (a named publication), not to an unnamed 'author'. The viewpoint should be 'Current Literature' not 'author'. Additionally, the quote is incomplete and misleading - it should be the full title 'HOW the coffee trust has held its grip' from the Current Literature, 1912, LIII: 52-54 citation, and the object should be clarified as the 'coffee market' or 'prices' rather than just 'coffee' to match the passage's framing.
    • groundedness 1.00 pass — The claim is directly stated in the passage. The article title 'HOW the coffee trust has held its grip' from Current Literature, 1912, LIII: 52-54 explicitly supports the subject, predicate, and object of the claim without any rewording or interpretation required.
    • qualifier_fidelity 0.85 pass — Qualifiers are largely faithful. Viewpoint correctly attributes to 'Current Literature' (the publication), stance is accurate as 'asserts', and sentiment 'negative' appropriately captures the critical framing of 'held its grip'. Time is correctly set to 1912 matching the publication year. Context is appropriately empty as the passage provides no specific sense restrictions. Minor deduction: the quote is incomplete - it should be the full title 'HOW the coffee trust has held its grip' to fully support the claim about what the coffee trust did. Overall assessment: all major qualifiers are faithful to the passage.

Change over time

1912
  • held its grip on coffee trust
end of November, 1917
  • showed animation and prices began to advance market conditions