Evening Republican, Volume 23, Number 196, Rensselaer, Jasper County, 14 August 1920 — SUGAR PRICE DECLINES IN EAST—MARKET SCARED [ARTICLE]

SUGAR PRICE DECLINES IN EAST—MARKET SCARED

Heavy decreases in the price of sugar market, foreshadowed ' by movements during the last few days, took place Thursday. One large New York dealer reduced his list price on fine granulated sugar from 21c to a fraction over 17c a pound, and raw sugar sold on a basis of 13.04 cents, which was ten cent per pound less than the high level of three months ago. Holders of large stocks of sugar expressed their fear that they had overstayed their market.