34 THECUBAREVIEW 



in some of the localities would be welcome. According to oui Louisiana friends their principal 

 trouble is in the securing of the necessary labor. 



The increase of five (5) points in the basic price of raws has advanced the price of refined 

 sugar to the basis of 7.50c. for fine granulated, less the usual 2% for cash. Since July 1st the 

 market has been under much stricter control and every order for sugar must be accompanied 

 by a Food Administration certificate to cover, these certificates applying to everybody using 

 sugar except the actual consumer. The improvement in the situation generally is apparent, 

 however, and little complaint is being heard of any shortage. The following Ls the memorandum 

 of sugar arranged for by Committee on Sugar Supply for the Army, Nav>', Marine Corps, Red 

 Cross, Y. M. C. A. and Belgium Relief from its Organization August 17, 1917, to June 30, 

 1918, showing also the pioportionate quantities due from refiners, based on output: 



Quantiiy — —Pro Rata Due — ■ — 



Producer. Supplied Per Cent. Quantity Excess Deficiency 



lbs. lbs. lbs. lbs. 



American 86,296,940 40.650 83,239,981 2,056,959 



National 24,629,040 12.007 24,587,022 42,018 



Arbuckle 16,559,700 7.000 14,334,068 2,225,632 



Federal 19,744,000 9.605 19,668,389 75,611 



Warner 15,712,600 7.204 14,751,804 960,796 



Revere 2,055,000 .960 1,965,815 89,185 



Pennsylvania 8,322,800 4.802 9,833,171 1,510,371 



McCa'han 4,107,600 2.402 4,918,633 811,033 



Colonial 8,490,000 2.330 4,771,197 3,718,803 



Henderson 3,585,000 .960 1,965,815 1,619,185 



Savannah 12,266,200 2.402 4,918,633 7,347,567 



Imperial 3,460,000 1.513 3,098,206 361,794 



California and Hawaiian 408,000 4.803 J,835,218 9,427,218 



Western 135,520 3.362 6,884,448 6,748,928 



204,772,400 100.000 204,772,400 18,497,550 18,497,550 



Beet Co.'s 33,882,400 



American Ref. Com 6,612,600 



Dealer 1,100,000 



Total 246,367,400 



Note. — The small deliveries of sugar by the California-Hawaiian and Western Sugar 

 Companies shown in the above statement are due to the very light demand from the Govern- 

 ment in the Pacific Coast Territory, and also to the freight and other conditions' favoring 

 the placing of such orders with the beet producers. 



The matter of additional taxes on sugar to increase the revenue is in a state of quiescence 

 at present. W^ILLETT & GRAY. 



New York, N. Y., July 3, 1918. 



extend the companv s refining facilities and 



SOUTH PORTO RICO SUGAR COMPANY ^ ., , ,.^. - , , .* -.it 



to provide additional working capital. In 



Directors of the South Porto Rico Sugar furthering the expansion of liquid fluids to be 



Company have announced that the sale of used in the business, the directors declared 



$1, 125,000 new common stock has been autho- the quarterly dividend of 5 per cent, on the 



rized, the offering to be made at par to present common stock in scrip, maturing July 21, 



share-owners in the ratio of one new share to 1921, and bearing 7 per cent, interest. The 



each four shares held. The offering will be dividend will go to owners of stock on the 



made to stockholders of record June 22, and record books June 22, payable July 1. The 



payment for the stock is due at the offices of usual j^referred stock dividend of 2 per cent. 



W'illiam Schall & Co. on or before July 16. was ordered to be paid July 1 to stockholders 



The proceeds of the sale are to be used to of record June 26. 



