OCR Text |
Show Coffee Futures. NEW YORK. Qrt. 27. An early ad- 1 vance was followed by quite a sharp breiik in t lie market for coffee ful ores ! here today, as a result of liquidy ( km, which was partly in 1 he form of stop orders. or-ders. The market opened unchanged to 6 points higher oa some further support from commission house sources, but the buying was by no means active, and the decline later !n the day carried March contracts off from S.fiOc to 8.50e. while July broke from S.R5e to S.70c. The close was 7 to 9 points net lower. Sales were reported at 10,250 bags. October Hnd November. R.:nc; December, S.3Sc; January. Janu-ary. R.4:t-; Kebrnarv. 8.47c; March. 8.5lo; April, S.oGr; May. S.tilc; June, S.tific; July, 8.7 tc; August, 8.75c; September, S.7Sr. Spot coffee, easier; Rio No. 7. Santos No. 4, IOvrc. Cost and freight offers were Irregular, with Santos 4s ruling around 10.15c to 10.35e, London credits. The official cables reported a decline of 75 reis at Rio. Santos futures are 25 to 50 reis higher. Santos cleared 15,000 bags for New York. |