Show REfiNER CUTS SUGAR PRICE Fine Granulated Reduced to 94 9 Cents in New York I NEW YORK May Reduction 3 ot of the price of ot refined sugar from rom 10 to 9 cents was announced by byone byone bone one large refiner toda today after Cu- Cu Cuban Cuba ban ba raw had dropped We ic to 6 C cost and freight equal to In tradIng on tho the New York coffee cotee and sugar exchange madon The low price on rats raws was as male made on a sale of ot bags of Porto PortoRico figure Rico to a local refiner The III fig fig- I ure was about ic c below the re- re recent I cent ent le el Ra Raw flea sugar tutu futures res broke about 25 26 points during tho the forenoon trod trad- trad ing trading under renewed liquidation One luge refiner admitted of ot refined sugar on prey prey- placed were ere re on the Inease and that tho the of new order orders was as not satisfactory It was declared dc lared too early to say y whether the house Ives sugar r cott bOt cott was responsible for tor tI condition although some sugar ugar men pres mee e cd the belief bellet that It t was at it least partial cause |