34 THE CUBA REVIEW 



200,000 bags of new crop domestic beet sugar, probably all California sugars, for 

 distribution by the Beet Sugar Distributing Committee of Chicago. The price paid 

 for these sugars is on the basis of 9c net cash, although prices on the old crop have 

 been maintained at 8.90c less 2% for some little time. 



According to our Canadian advices, advances of from 45* to 55 points have been 

 made by refiners with quotations now ranging from 9.88c to 9.97 ^c net cash basis at 

 Montreal. Restrictions as to the prices are being enforced on sugar for domestic 

 consumption, but have been lifted on refined sugar for export, considerable quantities 

 of which have been sold by Canadian refiners at prices much above the domestic 

 limits ; in fact we have received offers for sugars from Canada as high as 16c per 

 pound. 



We have our regular monthly cable from the Philippine Islands giving exports 

 during July of only 14,000 tons, none of which sugars are destined United States. 



Exports from Java during the month of July total 142,000 tons, 78,000 tons of 

 which are going to Europe, and the balance to the Far East, no further quantities of 

 Java sugars being expected to come to the United States this year. According to our 

 latest advices from that section the Java market has bad a sharp reaction, quotations 

 for Whites falling from 43 guilders per picul to 39 guilders in the latter part of July, 

 the decline being somewhat in excess of lc per pound. Sales of Java refining grades 

 for delivery July- August, 1920, have been made at prices ranging from 6c up to 7% c 

 per pound, f. o. b. Java, and Whites at equal to 9%c, giving some idea of the range 

 of prices that will prevail during the summer of 1920, according to Far Eastern views. 

 Of the present crop in Java only about 250,000 tons remain unsold. 



In many markets in the United States a scarcity of refined sugar is still apparent. 

 Refiners, however, are now making good progress in catching up on shipments of old 

 orders, but they are still withdrawn from the market for any new business, and quota- 

 tions of 9c per pound less 2%, regular terms, are entirely nominal. Sales for export 

 are still prohibited, although shipments of old orders, including those of the Royal 

 Commission, go on. 



New York, N. Y., August 29th, 1919. 



SUGAR SHIPMENTS THROUGH PORT OF CIENFUEGOS 



A comparison of the 1918-19 crop figures of the estates shipping through Cien- 

 fuegos with the figures of exports from and the consumption at this port up to 

 August 2, 1919, discloses that at that date over one-third of the old-crop sugar was 

 still awaiting shipment, being stored either at the estates or in local warehouses. 



Production is given at 2,831,113 bags, of which the Andreito estate produced 

 185,855 bags, Caracas 180,000 bags, Cieneguita 82,335, Constancia 201,691, Dos Her- 

 manas 100,700, Dos Hermanos, 30,127, Hormiguero 255,233, Juragua 68,494, Lequeitio 

 140,393, Manuelito 110,494, Mario Victoria 154,501, Parque Alto 91,200, Pastora 76,100, 

 Perseverancia 140,791, Portugalete 94,860, San Augustin 144,074, San Francisco S0,375, 

 San Lino 201,129, Santa Catalina 116,290, Santa Maria 108,172, Santa Rosa 126.777, 

 and Soledad 141,522 bags. Sugar shipped up to August 2 totaled 1,835,068 bags: and 

 10,500 bags were consumed at Cienfuegos. 



Of the 985,545 bags of sugar still awaiting shipment or consumption at this port, 

 726,268 bags were stored on August 2 at the different estates and 259,277 bags were in 

 Cienfuegos warehouses. The capacity of these warehouses is about 900,000 bags, but 

 in view of the approaching new crop it is evident that the principal part of the old 

 crop sugars must be moved before the 1919-20 sugar begins to arrive in any volume. 

 — Consul Frank Bohr, Cienfuegos. 



