Salt Lake Telegram | 1930-10-24 | Page 17 | Sugar Market

r Sug Sugar r Market 11 NEW Oct 24 The CP The AP-The P The un un- I settled state stab of ot the futures future market Checked In the raw sugar market market mar mar- ket et early toda today and as DS no saie were reported prices wore were ere nominally unchanged un hanged changed to 2 I points lower tower and later bowed net losses of 5 to 7 points under liquidation and Ind active selling b by Y a 0 large large banking house with wih Cuban producing connections Tills selling was Inspired 1 y conflicting reports from Cuba Cuba rela- rela lv to the tho action acton of ot the tho Cuban houle house ot of f representatives In passing the necessary nee nee- wary essary laws for tor the legalizing legalising of DC the plans lano of oC the Chadbourne committee On One that tha at yesterdays yesterday's meeting It was WI Impossible to obtain n a quorum and that It was wal not expected a quorum would be bo available before the middle middle of oC next month Other reports sat aid al th there ro was homo momo opposition to the pl plan n With Wih such Juch uncertainty In II vl view w the he market was wa rather nervous during he tho forenoon and and It after r the early eAly declIne there was wal it rally raly of several ual lo points on the covering and anil trade buy buy- Ing lower ng with lh midday prices prIce 4 to 5 S points point net In refined U It i ua was AI announced by most mOlt ot of f tho the refiners refiner that that their price would be bo advanced to 4 at the tho do close today against tho prevailing level le of oC 4 t. The announcement led lef to a a. I little more new buying and It 1 was believe cd that he tIme trade had t taken ken on enough sugar r to take alee talt care caro cae of ot their requirements sUG for toP t the c next nest thirty days CHICAGO C. POTATO IS CHICAGO Oct Oct 24 TE AP AI USDA Potatoes Potatoes Receipt In track 35 tOtal otal United States 10 1029 1020 lull dull lul trading just fair sacked Hacked round whites 00 mostly II I 10 90 Minnesota sacked round whites whiten n. n fanc fancy shado ahad higher North Dakota I sacked ked ked Red Reit River Ohio 1 00 sacked racked round whiter Jl