Ogden Standard-Examiner | 1923-05-03 | Page 10 | New York Sugar

NEW YORK SUG IR tR I NEW YORK May 3 The 3 The raw sugar Bugar market was sas easier early to- to today today to today day under Increased offerings ottering of Porto Rico Ricos filth Ith only a light de- de demand de demand mand There Thero were ero sales sale of oC bags of o Porto Ricos to a local re- re refiner refiner re refiner finer at 7 Sic i Ie for tor centrifugal eal equiv equivalent alent to t 6 fcc c cost co t and freight for cubas or tto c belo the pre IOuI sale saleS ales The easIer ruling In the spot market and reports of oC a continued lIght Inquiry for refined led to re- re renewed renewed re renewed liquidation In raw sugar fu futures fu- fu futures futures tures and a sharp decline In prices loss orders orden were ere uncovered ered on the decline whIch carried the July position down dO to 5 E September to 6 f and December to 5 bc or 23 to 26 25 points below the close cloe ot of the pre pre previous bus lous night 1 The refined market was as easier casler 0 Ing to the decline In raws and Ices p-Ices were iere ere lowered 10 ered 50 BO poInts point by byone byone byone one refiner to tho the basi sot soC ot 9 SOc for tor fine fin granulated Others were ere unchanged at it 10 Bus Bus- BusIness Bus lne Incas Iness s a was light Refined tutu futures res sere ere nominal Sugar futures future clord unsettled un sales ales 2 62 6 ton tons July S 5 5 S December 5 Maich Malch 4