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Show Oof fee Futures, NEW YORK, Feb. 28. The market fnr offea futures hst nn rHrly advance nnd doted Ht a net decline of !! In 4 points. The opening whs nucha nged to point higher and the actlvo month sold ahpul 9 tn r points above Baturda y's closing figure. during the murnlng on covering f shnrlfl and iotna scattered trade buying buy-ing which sefined to be Inspired by the ft tidiness nf Bnizll mid n feeling that the technical .usitlnu Imd been Improved b" recent liquidation. Offerings lnei'r- during the middle" of the afternoon, however, how-ever, with weakness in the stock market, accompanied by Wall street selling, while there were also rumors of numerous cost and freight offers, with May selling off from 7.88c to 7.83o and December from S.17e to 8.10c. Closing prices were practically prac-tically the lowest of the day. Sales, including in-cluding switches, 50,250 bags. March, 7.66c; April, 7.72c; May, 7.80c; June, 7.S5c; July, 7. 90c; August, 7.95c; September, 7.99c; October. S.OSc; November, 8.06c; December. 8.10c; January, 8.13c. Spot coffee, steady; Itio No. 7, 9c; Santos No. 4, 10c. Reports from the cost and freight market mar-ket were more or less conflicting, some claiming that offers from Brazil were more numerous, while others said they were a shade firmer. One offer of Santo San-to 4s was reported at 10.15c for American credits. The official cable reported no change In milreis prices, but an advance of 3-u2d In Rlo exchange on London. |