OCR Text |
Show Coffee Futures NEW YORK Marcl 13 Coffee futures opened at at adva ce of 4 to po nts this n orrrtng on covering a d so ne sea tered trade buying w c seemed to be Inspired by the continued strength of i Brasll the ta k of an Improved spot de mand and tne sn aller In erlor Santos race pts There was considerable real lzlng at the advance however, and reao tlons followed with the market closing steady at a net gain of 1 to 8 points Eales, 22 "50 bags March 6 6c May 5.10c July 6 96c September 7 09c Oo tober 7 Iw December 7 bc January 81c pot steady Rio No 7 7c Santos No 4 ftc A reaction of 1 1 16d was reported in the rate of Rio exchange on London and the Rio ma ket was unchanged but ' Santos was 100 re s higher and compara tlve y few cost and freight offerings jv ere reported in the local market Europe Is rumored to be paying rela. tlvely higher prices In Brazil |