Salt Lake Telegram | 1928-12-07 | Page 22 | Sugar Market

Sugar Ii-Sugar 11 1 Sugar Market I 0 v S YORK Dec 7 1 AP The Ap The raw ugar market was Val a little easier under liberal offerings with prices de declining de de- I note more ore clining 1 SIc to the tile basis buIll of for forM M pota ot duty paid At this lIds level bevel a a. sale was wb confirmed of bags ban of Cuban prompt shipment to a a. local refiner r 2800 e a west coast refiner bought bagi bagil of or Cuban for December shipment for Cuba the easier tone in the spot pot raw sugar futures futurell were a a. n TI liqUida liquidation liquid liqUid- loVer lower bower in the earl early trading under a ron and selling of the distant positions by houses with trade connections market opened 1 to 3 I points point lower but when the early selling ae subsided prices rallied partially on covering am and commission house buying with th the tho list net unchanged to 2 I I points lower The volume of business wa was to were Inclined small and antI operations limit operations and await fresh tresh devel devel- In refined I P prices C were u unchanged at lant 5 55 for tor fine e granulated u with trading I of ot withdrawals on mostly In the way old contracts s closed steady Approximated sales W tOns I b 4 25 May 1 July ber er 2 30