Salt Lake Tribune | 1919-06-13 | Page 19 | Coffee Futures

Coffee Futures. KEW YOKE. .Tuna 12. The market for cof-t cof-t futures saowod I ii creased activity and rftigtli to'iaj- with nil deliveries making new h records and willi July contracts reaching e 20-ceut level on the higher Brazilian mar-(ii mar-(ii and bullish advices frum Canton. The irkft opened at an advance of 0 points to decline of 2 points, and sold S to 14 points t lower duriug the curly trading, with Dl1- -mber selling at lH.TOe aud March lS.ouV under lliiing. 'Tlie special cables from llrazl! showing nn cited advance in t he Santos market and rc-rls rc-rls that estimates of the coming Santos crop jre being reduced to about 3.0H),iXn bags ought in fresh buying, however, and the irtvt was iat'.'r influenced by private cables Miming that aside from government liohlings r? were only T.iO.iah) bags of unsold coffee ' the Santos stocks. According to theno nd-, nd-, 1AWAW basa of coffee held there are V-li for shipment to the United States, 350,000 Brand ina via and 2UO.UO0 bags to the balance Europe. - December sold up to 19.42c and March to ,22c. with 1 ho market closing 2l to ".1 lilts net higher. Closing bids: July. UhOfic; i ptf-raber, 19.(0c; October. pj.tioV; December, i :; January, 19.26c; March. 19. lie; May, - .6.. Spot coffee, nominal; cost and freight offers . ire reported higher, including Suutos 4s at .:,70c, American credits.