The Archive · 1938

New York Sugar Market

New York, Sept, 2 No. 3 contract: Prices firmed up uring the past week on trade buying and some now outside buying of distants, encouraged by the belief that the statistical position next year, would be evenly. balanced, Raw" sugar: Further advanced as refiners purchased for the forthcom-ting refined movement, which 1s ex-ceted shortly. 'This' week amounted to 12,000 bags of Haitians 6,000 bags of Puerto Ricans and 100,000 bags of Cubans, Refined sugar: Buying interest continues to be seen at 295 cents per pound, but holders are asking 3 [cents per pound, Prospects of a fur-{ther advance are believed to be good, the belief prevails that the forth-looming movement of beet sugar should not interfere much with that, fof cane, untos there is a much larger' than expected advance in the price lof refined. Moreover, expectations of smaller quotas next year should help to maintain prices—Reuter, August Rubber Output (Tapping for any hai month)

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account