Requirements London, June 16.
An informal meeting of the International Sugar Council was held here this afternoon. The meeting informally accepted the figure require ments of the sugar market for the next quota year, which, it is understood, were arrived at by the statistical committee in the morning.
It is understood that, on the basis on requirements set off against the quota for the coming year, there will be an estimated decrease of some 500,000 to 600,000 metric tons.
During the next few days. the negotiating committee, consisting of the Chairman and delegates from the United States and India. will examine the position further. in an endeavour to reach a basis of quota for each contributing country.
The next meeting of the Council will take place on June ]9. 1929.—
Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.