Salt Lake Tribune | 1917-02-22 | Page 13 | Coffee Futures

Coffee Futures. NE"W YORK. Feb. 21. With tomorrow a holiday and Friday the first March notice no-tice day, there was. a renewal of near-month near-month liquidation in the market for coffee cof-fee futures duriag today's trading". The opening was unchanged to 3 points lower, ; and after some little v early irregularity ; prices e2sed off, with M-arch selling down : to 7.94c. or into new low ground for the movement. Much of the liquidation was in . the way of switching from March 'to later deliverips. but there also seemed to be some selling of late months by trade interests and the general' list worked about 6 to 9 points net lower, 'with December De-cember selling at S.46c. The close was at practically the low point, showing a net loss of 5 to 9 points. Sales, including includ-ing switches. 82,000 bags. Februarv and Mareia. 7.92c; April. 8.01c; May, 8.11c; June. S.lSc; July. S.25c; August, Au-gust, 8.31c; September, S.36c; October, S.39c ; November. -.8.4 2c; December, S.4tic; January', & 5'c. Spot, nominally unchanged ; Rio No. 7, 10c; Santos No. 4, lO1'- It was reported that Santos 3s and 4s were offered In the cost and freight market at 9.75c. "London credits, neutral steamers, and Santos1 3s and 4s were offered at 9.70c, American LTPdiiS. Owing to the holiday no official quotations quota-tions were received from the Brazilian markets.