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INTER-OFFICE LETTER FOR MR. I. . Kerrner DATE January %r', 1953 SUBJECT Fixing Price of Louisiana Raw sugars, 1952/53 2.52 S 59 WRITE ON BUT ONE SUBJECT TO BE USED BY ALL OFFICERS OR DEPARTMENT ON THIS SHEET HEADS FOR INTER-OFFICE CORRESPONDENCE The Louisiana Sugar Exchange quotes 6.208$ per pound for the 1952/53 Season's Average Price of Louisiana Raw Sugars. This price has not been confirmed by the U. S. Department of Agriculture, however, we should receive notice of such confirmation by not later than Monday. Below is a comparison of the quantity and price of Louisiana Raws to be fixed at the Season's average for 1952/53, against the like figures and Season's average price for 1951/52: 1952/53 85 432 615# $6.2088 Cwt. 1951/52 57 6o 759 5.8223 " Difference 27 823 856 $0.3865 Referring to your letter of Decanber 20, 1952, to Geo. Andre, our statement cost of' Louisiana Raw purchases is based on $6.28 per cwt., 96 basis, that being the season's average price through December 31, 1952. H. L. Williams