William H. Ukers (author)
- demoralized market conditions furnished principal impetus for organization of New York Coffee Exchange 1881
the utterly demoralized conditions prevailing while this collapse was in progress, and the practical elimination of a market in the true sense of the word, furnished the principal impetus for the organization of the New York Coffee Exchange
judge verdicts (2)
- groundedness 1.00 pass — The claim is directly stated in the passage with the exact quote provided. The passage explicitly asserts that 'the utterly demoralized conditions prevailing while this collapse was in progress, and the practical elimination of a market in the true sense of the word, furnished the principal impetus for the organization of the New York Coffee Exchange,' and confirms the Exchange was organized in December 1881 and started business in March 1882.
- qualifier_fidelity 0.85 pass — The claim is mostly faithful to the passage. The quote is verbatim and the core assertion about demoralized conditions furnishing impetus for the Exchange's organization is accurate. However, the time qualifier is slightly imprecise: the passage states the Exchange was 'organized in December, 1881, and started business in March, 1882,' so valid_to should be 1882 or more precisely March 1882, which you have correct. The 'when' value of 1881 is acceptable as it marks the organizational period, though the impetus context spans the earlier collapse period. Viewpoint, stance, and sentiment are all appropriate—the passage presents this as historical fact without attribution to a specific named source, so 'author' is correct.