Evening star., 1923-04-20
FEW CHANGES SEEN
IN PRICE OF SUGARS
Dealers Offer Public Little
Encouragement as Result
of U. S. Action.
By j. G. ROYLE.
Special Dispatch to The Star.

special Dispatch to The Star.
NEW YORK, April 20.-Extension
or the governments move for intuno-
lions preventing the trading in sugar
futures to cover trading in cotton
futures is considered by men inter-
ested in cotton in New England. New
York and the south as more than a
remote possibility. Cotton, like sugar
Is a. basic commodity which has had
d sensational advance this year, and
each is extensively traded for future
delivery.
sugar men. both refiners and pro-
ducers, declared today that they did
not expect the government move for
an injunction against the New York
Lures and Sugar Exchange and the
new York Coffee and Sugar Clearing
association to have a decided effecI
on the price of sugar to the ultimate
consumer. Some admitted that the
move was likely to restrict specula-
s.ol' puI declared that when all was
sdio ana done the most reliable fig
ures did not indicate a big world sur
plus and prices depended on the ac-
tlon OF the consumers to a far greater
extent than on speculative trading in
futures.
Cotton Prices Fairly Stabilized.
A very Good-sized part of the cane
crop OF IN: southern states was sold
Ey growers on future deliveries and
they were able by this method to
average out the prices obtained for
tneir crops, although the southern
planters were too late for the full
heneht of the sugar advance to reach
them.
Cotton men also feel that the mar
Eets In the commodity are pretty
Well stabilized at present levels
tnrough supply and demand and a
sun further advantage of position
Is given planters by unfavorable
weather conditions in the southeast.
where frosts, cold nights and rains
rave delayed cultivation.
Inc southern Wholesale Dry Goods
association, taking forehanded ac-
tion. has pledged it's members not
10 o!er staple cotton goods, such as
pieachings, ticks, brown sheetings.
theVlots and plaids for delivery more
than sixty days beyond the date of
order.
Beet Sugar Prices Rise.
Attitude Of the sugar producers 10
well exemplified by the president of
the Holly Sugar Company, at Delta.
Sol, VINO announced plans for en-
larglng and improving its plant in
anticipation of the biggest year the
ddonipahy denI mas ever known. The presi-
w
PROBABILITY that beet growers would
receive another bonus payment of 81
IN addition to the 81 a ton already
palo them. He added that the pres
emu market outlook gave promise OF
even better payment for the 1923 crop.
Frices OF sugar advanced 20 cents a
hundred pounds in Denver on news of
tne governments action
competition for beet field workers
IS SPIRITED. Two hundred have just
GzIz
suit of offers of higher wages than
the intermountain growers would pay.
Lumber Demand Improves,
Lumber demand at the southern
milis has jumped upward again after
a brief slump. Export business is eS
tremeIy heavy. inquiries are coming
IN from the north in increasing uuan-
business has been booked. Prices are
STEADY Tor hlgh-grade stuff, but a
trlne easier for the less expensive
grades. High water has affected on
eratlons of some mills and deliveries
nave also been hampered by this
cause.
Wage Advances Continue.
Buying both at retail and wholesale
lnroushout the middle west continues
approximately even with production.
and while the volume of business is
larger than month ago, there are
steadier Influences in evidence which
have resulted from the general policy
Of the bankers of that section IA
watch credits closely
Michaels, Stern & Co. and the Kel-
Ter Heumann Thompson Company.
large clothing manufacturers of
Rochester, n. Y. will restore their
wage scales to the 1922 level the first
week in May. Employees of Chaney
Brothers Silk Mills at South Man
chester, Conn.,, will return to work.
having won 121e per cent increase