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What was the price of molasses in 1930s?
In the 1930s, the price of molasses fluctuated greatly due to various factors such as supply and demand, crop yields, and economic conditions. However, here are some general price ranges for molasses during that time:
- In 1931, the average wholesale price of molasses in the United States was around 2.5 cents per gallon.
- In 1932, during the depths of the Great Depression, the price of molasses dropped to around 1.5 cents per gallon.
- By 1937, the price had recovered somewhat and molasses was selling for about 3 cents per gallon.
It's worth noting that these prices are for bulk molasses and may not necessarily reflect the prices paid by consumers at retail stores. Additionally, molasses prices could vary depending on the region, quality, and quantity purchased.
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