Word: raws
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...Government charged in its petition that " actually, transactions on the exchange in an overwhelming majority of cases do not involve and are not intended to involve the delivery of the amount of raw sugar purported to be sold thereby. Such transactions are completed by matching ring settlements or payments of difference, and by clearing through defendant clearing associations (named in the suit) without delivery of the amounts stated in the contracts." The Government goes on to quote the percentages of contracts actually consummated by delivery as being .0018% in November, 1922; .0023% in December...
That the sugar dealers are not alarmed by the Government's suit, which may be followed by a criminal action for conspiracy in restraint of trade, is shown by the fact that dealings in futures and trading went on as before and the price of both raw and refined sugar climbed to unprecedented heights. Cuban raw sugar went up to 6.25 cents a pound and refined to 9.50 and 9.85. Brokers freely predicted that retail sugar would soon cost housewives 12 cents a pound...
Anathema. Like most Russian plays, Anathema is a plunge into the basic mysteries and contradictions of life, but Andreyev (author of last season's Theatre Guild success, He Who Gets Slapped) works with symbolized, metaphysical ideas instead of with the raw material of actual life from which Chekov and Gorky draw...
...claims that sugar refiners (who refine raw sugar imported from Cuba and elsewhere) have manipulated the rise. He furnishes them with the following motives...
...expansion in production and trade, and the upward trend in raw material prices, were both strongly maintained. Perhaps the most interesting and significant examples of economic tendencies now visible throughout almost all lines of business, have been furnished by recent developments in iron, steel, oil, cotton...