OCR Text |
Show Coffee ruturea. NEW YORK, July 18. The market for coffee futures was lower todny owing to the easier Brazilian cables and scattering liquidation which was supposed to be for the account of old longs who feared that financial' conditlous abroad would restrict European demand. The opening was 1 point higher on July, but generally 35 to 43 points lower nnd active months sold 45 to" 58 points below lust night's closing figures with December touching 20.65c. Prices steadied up a few points later on covering, but the close was 35 to 55 points net lower. Closing bids: July 21.45c; September. 21.22c; October, 21.00c; December. 20.74c: January, 20.69c; March. 20.59c; May, 20.50c. Spot coffee dull; Rio 7s, 23c; Santos 4s, 28 c. |