The evening world. Newspaper, February 20, 1920, Page 4

me eR he Cuba Dumping Great Crop on |]j This Market, Thanks to |} Palmer’s Ruling. (Special ty ‘The Presing Word) WASHINGTON, Fem, 20.—It At- ney General Palmer doesn't dis- Seover a new way of meddling in the purer ihdustry, the American people . wil within three months be buying |} ‘retail sugars at 13 cents or less a |/% { pound, and before the summer monthe | [) Whe price will be close to 11 cents, | it {the price paid under Government war | F Tweontrol and before the Attorney | fir “General allowed that the Louisiana |p ‘Planters could charge as high as 18 jeents. Qvery one knows how sugar, ‘ptmmediatoly following that ruling, t 6 and 7 cents a pound. }) The facts are that Cuban planters es at present dumping into Atlantic ‘ports more than 100,000 tons per week. | }) “Whey. nave been doing it for weeks. Ae Cuba has a crop of upwards of | fi -§4,000,000 tons to deliver, but the | ff! ‘VUnited States is practically the only _Duyer at figures approximating those | [i] “of to-day. The high retail prices at- | f° tracted cargoes from every sugar- growing South American country with the result that prices are due for a| | quick slump. _ Bince Wednesday last the prices jot Cuban raw sugar have dropped 2/ ff cents a pound, and a further drop of % of a cent {s reported from New ‘York to-day. Just what these drops “mean, may be understood when ft is figured that this represents a drop of unore than $10 & barrel and here it is helieves thai the’ price is certain to @rop lower. Speculators in raw sugar throughout the country—and sugar speculation has run wild, inside and outside the trade for months—are facing prodigious losses. The~ con= gumer is coming in for his own in|} tower prices. _ The wide fluctuation in raw. sugar | jf) has produced @ remarkable trade-¢on- dition with the big refiners loaded! |! ‘ap with raw sugars at prices much higher than présent quotations, \ Nat- urally they are holding the market at top prices to clear profits on present and future deliverlés. When these | have been assimilated by tho retal! |}; trade sugar retail prices will drop with a thud. Cuban planters have en- deavored to manoeuvre the American ‘market to sustain their price of 11% eerite at Cuban ports, but the carry. ing charge on such an immense crop, coupled with the unprecedented com- petition from other countries, is caus- ing daily breaks in quotations. ‘The 11 3 prece Living Room Suite covered in Ts 4 $355 Cushion Seats) Louis XV. Bedroom Suite in American Wainut — 10 pieces. $325 broken and sugar will be coming with ® rush that will further unsettle prices downward, The days of 16, 17 and 18 cent eu- gars, thanks to Mr Palmer, are over. ORIEN TH Again the Question of Hats And Now the Answer Is This SPRING MILLINERY The majority created in our own workrooms 15.00 IS Millinery makes a quality appeal and clinches it with an economy argument. pays to buy the best” Here is the deft workmanship of a skilled hand, the distinction of a style expert. We illustrate three of the Models, large variely but few duplicates. Pest & Co. Fifth Avenue at 35th Street Established 1879 KELLN ER BROS. | TFuenty-nine years selling Good Furniture Southeast Corner I5th Street and 6th Avenue BT) (am 6 Ih HE strictest adherence to the standard of quality and the maintenance of moderate prices has placed Kellner furniture outside the pale of the usual sale offering. Accept this invitation to visit ‘The Twenty-five Rooms,” They offer untold suggestions for home arrangement. Frank Detrich, You Never Pay More at Bes! sopzesucupremee: Queen Anne Dining Room Suite in American Walnut 10 pieces. is always a fine rule to follow in selecting a hat, but in this case it pays to buy the best because the bést costs no more. Here are the smartest hats expressed in the fash- ionable mediums, BATAVIA, LISERE, PORCUPINE, SATIN & STRAW Freed for Killing Defamer of |¢ Mie «BG. Altman & Co. MADISON AVENUE - FIFTH AVENUE, NEW YORK Thirty-fourth Street An Important Reduction Sale of Suits and Hats for Junior Boys 450 Suits (sizes 3 to 7) _ . at $2.95 made of a worsted-and-cotton fabric in heather colors. 100 Novelty Suits (sizes 3 to 6), at $0.95 made of a splendid-quality velveteen; in attractive styles. 300 Hats (sizes 634 to 7) at $1.45 in a diversity of models made of plush and cloth. 100 Hats (sizes 6% to 7) ° at $2.95 made of excelient-quality velour. The reductions will take effect (Saturday) to-morrow A Limited Number of Boys’ Winter Overcoats are now on sale at reduced prices. $18.75 39.50 In sizes 13 to 17. e 8 In sizes 12 to 16—tj . ‘ . Adjusted Jeweled Regulated 2 Another wondertul wuteh wll“deawy crowis'ts_ cut storey NO wiih FO-MORTOW we shall otter ree ery one of thene watches in fully kuarantecd mul wubiect to tiovernment In eh watch will be sold with Undervtnanal it that if a bet= e boaxht for less than dou~ ite Gur price, we will. refund your money every cent, of Ite | For forty 'y we| have been offering almost unheard-of bar- aing in watches and diamonds and if you | r never attended one of our eel mater, you awe It to sourelt to 1 ROW and wee teen ne Hor, Messenger orders will 1, Sinashing reductions are o made on our higher-priced watches taper lst below! Other Solid Gold Watches onSale Solld I4-k, Gold Watches, $115.00 Solid Taek 1 45.00 his Sout tk: BB.00 40 Bolid 14-k | | Railroad Watches at Cat Prices B.GUTTER@SONS| | DIAMONDS, WATCHES, JEWELR’ {7 ONASSAU STIsaRe eae NEW AU SI CITY riALL. ESTABLISHED 1879 | SUNDAY | WORLD ‘WANTS’ WORK MONDAY WONDERS. | Vogue Patterns may be obtained on the Fourth Floor Thirty-fifth Street The Department for Boys’ and Youths’ Shoes which occupies a spacious and secluded sece tion of the Sixth Floor (adjacent to the Men's Shoe Department) is specially featuring the following: Youths’ Boots Dark brown calfskin; toe model . . . . Dark brown or black model; also . . . elkskin; per pair $4.75 (sizes I1 to 2) straight-laced, wide per pair $4.75 Blucher Boys’ Boots (sizes 21% to 6) Dark brown calfskin; straight laced, narrow toe model; per pair 5 . . . . blind eyelets to top, - $5.50 All Shoes sold by B. Altman & Co. are made of genuine leather throughout. The’ sntesrmen employed in this Department ate especially expert in the fitting of boys’ adj to oh oe Woolen Fabrics at reduced prides for to-morrow (Saturday) The assortment comprises several thousand yards of very desirable silvertones, velours, jerseys, homespuns and fancy cheviots, arranged in correct Lengths for Suits, _ Frocks and Skirts The values are exceptional S 5 @ & s brics Department, First Floor)