Salt Lake Tribune | 1917-03-31 | Page 16 | Coffee Futures

Coffee Futures. ! NFTW YORK. March 30. There was a moderate demand for late months in the market for coffee futures here today and an opening decline was followed by rallies, ral-lies, but prices eased off again, closing at a net loss of f. to 7 points. The opening open-ing was 4 to 0 points lower under scattering scat-tering liquidation, which probably reflected re-flected disappointment that yesterday's rumors of better peave prospects found no encouragement tn the morning's news. Offerings were not heavy and after sell- i I rig at S.Oiic early December contracts j stiffened up to S.Oc on buying attributed i to investment interests. As soon as this demand had been supplied, however, the 1 market sagged off under renewed liquidation, liqui-dation, closing at practically the low point of the day. Sales, 18.500 bags. April, 7.50c; May, 7.05e; .Tune, 7.72c; .Tuly. 7.78c; August. 7.1c; September. 7.80c; October, 7.04c; Kovemher. 7.J0c ; December, 8.04c; January, 8.10c; February, ,8.16c. Spot," dull, RIo 7s, O'.c; Santos 4s, 9c. The only fresh offers mentioned in the cost and freight offers mentioned in the and 4s at O.KOc. London credits. The official cables reported no change in the primary markets except E-antos futures, which were unchanged to 75 rcis higher.