The Birmingham age-herald., 1916-06-06
Coffee Market

New York, June 5-There was re- newal of scattering liquidation in the market for coffee futures here today and prices made new low ground for the movement. Business was very quiet in the morning and the early offerings were pretty we'll absorbed at the open ing decline of to points, but the selling became rather more active later owing to reports of freer cost and freight offerings. September contracts sold off to 8.45c and December to S.55c, with the market closing at net de- cline of 2 to II points. Sales. 22,75O. June. S.20c; July, S.27c; August. s.35c; September. S.43c; October. s.47c No- vember, S.51c; December. S55c; Janu- ary, S.61c; February, S.61c; March, S.72c; April, Sf76c; May, 8.S1c Spot coffee quiet; Rio Is, 94c; Santos As, 10Ac. Santos As were offered from Bra gil for forward shipment at l0.5O@ 1o.65c, cost and freight, London credits The official cables reported declines of 50 to 100 reis in the Brazilian mar kets and of 5-32 pence in the rate of exchange on London. The latest esti- mates placed the problem decrease in the worlds visible supply for May Cat 660,000 bags against 747,000 last year.
 Sugar Market
 New York. June 5.-There was no change in the local market for raw sugar, so far as Cuban grades were concerned, but interest seemed to be centered in Porto Rican grades of which there were sales of about 20, 900 bags to local refiners in port and afloat. at equal to 6.08c for centrifu- gal, which represented a slight de- cline from last previous prices In Cubas buyers and sellers were a lit tie apart. holders offering at 5ssc for nearby shipment, while refiners seemed willing to pay only 5 Ac. In the ab- sence of business spot prices remained nominally unchanged at 6.33c for cen- trifugal. 5.56c for molasses and 5-16c for Cubas. cost and freight. The mar ket for refined was quiet with with drawals of old contract only moder- ate. Prices were unchanged at 7.65c to 7.75c for fine granulated. No further export business was reported and it was said that inquiries were with drawn owing to the recent develop ments in Europe. Labor conditions were still unsatisfactory owing to the unskilled men now employed at the refineries.
 Futures reflected the slightly cas- fer turn in Porto Rican grades and un- der scattered selling by commission houses prices eased off, closing 30 to points lower for the near positions and unchanged for new crop months. July sold from 5.49 e D. 43c. closing 5.44c; September. 5.53 q 5.45c. closing 5.4Sc; December. 5.12@5.11c. closing 5.o7c.
 Live Stock
 Kansas iCty. June 5.-Hogs: receipts. l 5000. Bulk. $9.10 09.35: heavy. s9.30D 9.35; packers and butchers, $9,20@9.40; light. $9.00@9.25: pigs. $s.60@S.75.
 Cattle: Receipts. 10000; good higher. others weak; cows strong, Prime fed steers, $10.40@1O.90; dressed beef steers. $S.25 a 1925; southern steers. $7.O0d 1000; cows. $5.50 @ $50; heifers. $7.2500 $9.75 stockers and feeders, $6.75M S.25; bulls. $600@S35; calves, $650@ HOO.
 Sheep: Receipts. s0oo lower. Lambs. $e.50 O 11.50; yearlings. $S00@ $50: wethers, $7.25@s.25; ewes, s7O0@7f5.
 Chicago, June 5.-Hogs: Receipts. 40.- 900; lower. Bulk, $9.35 @9.55: light, SS.50 a s.45; mixed. $9.1o@9.e0; heavy. $S. 05 @s.65; rough. $9.05@9.20; pigs. $6. 90608.50.
 Cattle; Receipts. 16.0oO: unsettled. Ma