Salt Lake Tribune | 1918-02-03 | Page 30 | Coffee Futures

Coffee Tutures. NEW YORK, Feb. '2. Pending official announcements of dotails connected with food administration control of the green coffee business expected on .Monday, there was continued nervousness and confusion in the futures market here early ear-ly todav. Liquidation was less active, however, and rallies followed an early decline on covering with May selling up from S.2tie to S.S'Jc and September from 8.65c to S.S;)c. The 'general list opened nt a decline of J to 11 points and the : close was net 1 point lower to 2 points higher. Closing . bids: March, 8.06c: Ma v. it.'ic: July. Si. 55c; September, 8.75c; October. S.SJc; December, 8.8c. The market for spot coffee remained Imsettled and nominal, and no fresh offers of-fers were reported in the cost and freight market, with business generally waiting Imi detailed information as to the nature unci scope of the food administration's rulings. The. official cables reported an advance ad-vance of 50 rcis in the Rio market. There was no spot quotations from San-Ins, San-Ins, but futures there were 125 to 150 rcis lower. Brazilian port receipts, 62.-fOO 62.-fOO bags.