OCR Text |
Show Coffee Putures. . NEW YORK, Dec. 16. The less op- I timisric view of peace probabilities! served to unsettle sentiment in the mar- j ket for coffee futures and evidently stimulated the disposition to close out Ions contracts after the advance of about 60 points from the low level of Monday. Trading was nn particularly active at the start, but after opening 1 to 7 points lower offerings increased, with Wall street and commission houses 'ieavy sellers. May declined to 5.65-: and Sep-,-,i.?r to s nnc. with the market closing at a net loss of 14' to 15 points. Sales. SI 250 bags. December. 8.2Se; January, S3Tc- Februarv, 8.46c; March, 8.54c; April, 8 60c- Mav, 8.69c; June, 8.t5c; July. S.SOc; August. S.SSc; September, 8.91c; October, S.Stic; November, 9.01c. Spot, firm; Rio Ts, 9&c: Santos 4s, 10 He. Difficulty was reported in securing se-curing freight room, with rates ranging from'130 to 150 per bag. and the firm offers received were mostly f. o. b. Brazil, owing to the uncertainties in this respect. Santos 4s were qu,oled at 9.4(c to 9.45c, London credits, f. o. b. The official of-ficial cables reported advances of 25 to i tni reis in the primary markets and an : a:ivance of l-32d in Rio exchange on I London. |