Price Fall Prediction
(N.Z. Press Assn.—Copyright)
WASHINGTON, May 29. The price of raw sugar would return to its normal range in the “reasonable” near future, the Under-Secretary of Agriculture, Mr Charles Murphy, predicted today, the Associated Press reported. “The tide has turned, the situation has taken a decided turn for the better,” he said. Two major sugar refiners today announced a reduction of part of the 1963 increase in refined sugar in the northeast of the United States. Others were expected to follow suit.
Mr Murphy predicted these declines would continue, and that the American raw sugar price would return reasonably soon to the “normal range of prices—from 6 to 7 cents a pound.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19630603.2.10
Bibliographic details
Press, Volume CII, Issue 30147, 3 June 1963, Page 3
Word Count
114Price Fall Prediction Press, Volume CII, Issue 30147, 3 June 1963, Page 3
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in