THE CUBA REVIEW 29 



SUGAR REVIEW 



Specially written for "The Cuba Review" by Willett & Gray, New York. 



Since our last report on the sugar market, written on November 1st, the Armis- 

 tice has been signed and the great World War, which lasted 1,567 days, has come to 

 an end. For four years, less ten days, the Germans were victorious, and then in just 

 115 days Marshal Foch and the Allies destroyed Autocracy. 



The conclusion of hostilities, however, has had little effect on the sugar situation, 

 as it is generally believed that Government control will continue in effect for a long 

 time yet. It is true that many of the restrictions on the use of sugar for domestic 

 purposes in the United States have been removed, including the certificate system, but 

 our markets continue under strict supervision, nevertheless. As the Agreement for 

 the puchase of Cuba sugars of the 1918-19 crop contains no War clause, the changed 

 circumstances naturally have no effect on this contract. The coming of Peace did, 

 however, cause the expression of some dissatisfaction in the terms of the Agreement 

 about to be promulgated between our refiners and the Food Administration and, con- 

 sequently, this Agreement has not yet been signed. It is very probable, however, 

 that same will be completed by the time this article goes to press, and as we under- 

 stand it, our refiners will agree to buy their sugars only through the Equalization 

 Board, taking what they can actually melt and dispose of up to their allotted percent- 

 age, without tying themselves up to definite quantities of sugar which they would not 

 be able to dispose of. 



On November 14th, we issued our new estimates of all the sugar crops of the 

 World, details of which are given below. 



SUGAR CROPS OF THE WORLD 



The following are Willett & Gray's latest estimates : 



Harvesting 1918-19 1917-18 1916-17 



Period Tons Tons Tons 



United States— Louisiana Oct.-Jan. 244,135 217,499 271,339 



Texas Oct.-Jan 2,000 6,250 



Porto Rico Jan.-June 410,000 405,174 448,567 



Hawaiian Islands Nov.-July 550,000 500,985 575,510 



West Indies— St. Croix Jan.-June 6,500 5,400 7,787 



Cuba Dec-June 3,600,000 3,446,083 3,023,720 



British West Indies— Trinidad Jan.-June 60,000 45,256 70,891 



Barbados Jan.-June 80,000 65,230 60,000 



Jamaica Jan.-June 40,000 34,300 28,331 



Other British West Indies Jan.-June 35,000 35,000 30,000 



French West Indies— Martinique, exports... Jan.-July 35,000 35,000 34,443 



Gaudeloupe Jan.-July 35,000 28,000 36,160 



San Domingo Jan.-June 175,000 145,000 130,171 



Mexico Dec-June 40,000 40,000 50,000 



Central America Jan.-June 30,000 25,000 25,000 



So. Amer.— Demerara (exp.)....Oct.-Dec & May-June 125,000 120,000 101,650 



Surinam Oct.-Jan. 15,000 15,000 15,000 



Venezuela, exports Oct.-Dec 15,000 15,000 18,428 



Ecuador Oct.-Feb. 7,000 8,000 7,000 



Pem Oct.-Feb. 250,000 265,000 276,000 



Argentine June-Nov. 100,000 88,076 84,069 



Braz il Oct.-Feb. 302,000 148,958 150,051 



Total in America 6,154,635 5,689,961 5,450,367 



