Salt Lake Tribune | 1918-02-08 | Page 11 | Coffee Futures

Coffee Futures. NEW YCI.lv. Feb. 7. Tiierevns a re. newal of h-avy general liquidation in the coftee nut rket t his mornnlK. reflect jng the conllnued disposition tu close out commiUnents as I lit: result of yeserdny's action by the fond administrator. PrVes were 15 to 17 points lower and the loss extended to a matter of 64 to 72 points, with May selling at 7.53c and September at 7.('Xc, or 100 points below the opening prices of yesterday morning. Covering caused slltrht rallies toward the close, which showed a net loss of .".s to ';; points for the day. Closing bids: March, 7.-1.".". ; May, 7. 6 He; July. 7.75c ; September, 7. October, 7.3flc: December, s.uik-. Spot cofiee. quiet; prices lower, at Slic for R!o 7s iitid ItUic for Santos -Is, The official ca Ides reported no change at Rio. The Santos market was nominal for spots, but 125 re Is to 150 reis lower for futures. Brazilian port receipts were 55.Ci.ti bays.