OCR Text |
Show Coffee Futures. NEW YORK, Dec. 13. Rumors that coffee had been bought at concessions in the cost and freich! market were not accompanied by details, but seemed to make some impression on sentiment in the futures market here today. Very-little Very-little support was in evidence and prices worked off several points under selling which seemed to come largely from trade sources, witb May touching 7.35c and September 7.70c, The market opened un-elianged un-elianged to 5 points lower and closed at a net decline of 5 to 9 points. Closing bids: December. 6.95c: January. S.02c: March. 7.1Sc; May, 7.31c; -Inly, 7.50c; September. 7.rSc; October, 7.75c. Spot, coffee quiet: Rio 7s, 7c; Santos 4s, 9c. Very little change was reported in the firm offers received today, but slightly lower prices were named by some Santos shippers who quoted 4s at 9.20c, London crediLs. The official cables showed a decline of 75 reis at Rio. Santos spots were 50 reis lower, and futures unchanged to re reis lower. Rio exchange was l-1Rd higher. Rio reported a clearance of 500 hags for New York. |