The recent marked rise of sugar stocks has led investors to look into the sugar situation with more than usual interest. During 1922 the price of raw sugar rose fairly steadily; last Spring it shot up rapidly, but fell again, accompanied by considerable political oratory. After a dip early in January, 1924, another marked rise in raw sugar has occurred. European purchases have been large, and the high labor costs seem to indicate good consumption at home.
The Cuban crop has been the real source of the world's sugar ever since the practical destruction...
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