OCR Text |
Show Coffee Futures. NEW YORK, Aug. 25. There was a very severe decline in the market for coffee futures here today owing to a sharp break in the Santos market, leading to apprehension of increased in-creased offerings from Brazil. The opening was 50 to 59 points lower and active months sold 75 to 80 points below Friday's closing figures during the m iddle of the morning. Rallies of 15 to 20 points followed on covering promoted by a slight rally in Santos, but offerings increased in-creased Inter with December and all later months breaking below tho 19-cent level. December De-cember sold at 18.90c and March nt 18.85c. The close was a shade up from the lowest on some positions, but showed a net loss of 65 to 103 points. September. 19. 33c; October, 19.23c; December. 19.03c: January, 19.00c; March, 18.95c; July. 18.00c. Spot coffee dull and nominal; Rio 7s, 20(3 20 c; Santos 4s, 29 c. |