Salt Lake Tribune | 1919-09-13 | Page 14 | Coffee Futures

1 Coffee Futures. NEW YORK, Sopt. 12. Aa early decline in coffee futures was followed by rallies, but prices failed to hold the Improvement, aDd the market was unsettled iu the late trading. trad-ing. December sold off to 34.00c at the start, rallied to l5.""Oc and closed at 14.99c. while the general list opened at a net decline of 40 to 50 points, sold about 10 to 20 points net higher during the middle of the day. and closed at a net decline of 35 to 3G points. There was a good deal of covMrlng on the early decline, which carried prices more than 9c per pound below the high level of June and some buying on reports of relatively firm spot i markets In Brazil. Otherwise, there was very little demand, however, and the decline later in the d:ty was accompanied by reports of Irregular Ir-regular firm offers and a poor snot demand. Closing prices: September, lo.SOe; October, l.".;-;!tc; December. 14.90c; January. 14.05c; March. 34.!Oc; May, 14.S5c; July, 14.80c. Spot coffee, unsettled; Rio 7s. lOgiO'.jc; Santos 4s, 26f 2V4c.