In the archives

31 October, 2008
28 April, 1933: recession recovery hits prices
Page 43 
Who can possibly find pleasure in sitting down to write a market report on such an article as sugar, four or five days after the so-called Prosperity Egg has been hatched in America, and we still have to see what will result? Can we look for a cooing dove that means nothing, or a hen which will later be able to help others as well as Uncle Sam?
Readers who need sugar are urged to buy now. Do not wait, even if you cover only a month's supply. If you were to cover the needs for three months, probably you would be wiser, but it is too early to be emphatic on such advice, for, later, a reaction may set in, brought about by the very rise that we are suggesting you may avoid if you buy now. This rise may draw endless parcels of segregated sugars from their cubby holes.



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