Business & Finance: Too Much Sugar

In the very general feeling of prosperity now experienced by U. S. business, the sugar trade has not shared. Raw sugar has recently dropped to 2¢ a pound—the lowest price since 1922. Prophecies of a further decline in raw sugar to l¾¢ a pound are common, since a huge increase in the supply is overhanging the markets.

For 1924-25 the world output of sugar is estimated at 23,233,035 tons—3,418,000 tons over production in the previous year. Cuban output is placed at 5,125,970 tons— an increase of about a million tons over 1923-24. Similarly European...

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