THECUBAREVIEW 31 



SUGAR AT SIX CENTS 



AX lust, three years after the ()Utl)reak of tlii! war, the priee of sun.ar has cx- 

 ceecle(] the lon^ anticipated figure of six eents i)er pound. If is interestinti to reeall that 

 at the outl)reak of the war the price of sugar jumped from 2% to 514 cf^nia inside; (jf a week, 

 and at this time it was predicted that sugar would go as high as 9 cents or 10 cents, and some 

 speculators went so far as to buy sugar at a price approximately 6 cents in anticipation of taking 

 immediate and large profits. 



The i-eason for the present high price of sugar might be attributable to the statistical 

 situation wliich shows that there is not sufficient sugar to meet the demand, but on the other 

 hand, during the past three years there have been many occasions when those interested in 

 the niamifacture and sale of sugar have felt that the demand was far in excess of the world 

 production, and justly predicted a rapid increase in the price of sugar, and at such times it 

 would naturally be expected that the price would exceed G cents. This, however, did not take 

 place and, therefore, it is perfectly natural that we should look to some other caasc for a satis- 

 factory explanation of the present rise, and with this idea in mind it is interesting to note 

 that the demand which we are now experiencing for raw sugar is attributable to the anxiety 

 on the part of the buyers of raw sugar to fill their orders for refined, which temporarily has 

 caused some pressure on the market. 



It is to be expected that the market price for raw sugar will fluctuate, depending upon 

 ihe outside influences brought to bear on this market, but in view of the fact that the balance 

 ■of the supiily of Cuban sugar is held in strong hands, there is every reason to believe that 

 the price will be maintained on a comparatively high level, although it may suffer slight re- 

 action from time to time. 



FINAL REPORT ON BEET SUGAR. 1916 



Final returns from practically all operating factories give the 1916 production of beet 

 sugar in the United States as 852,074 short tons. Unfavorable growing conditions reduced 

 the expected yield, and in some regions thousands of tons of unharvested beets were frozen in 

 the ground. 



State, and year of beet harvest Sugar made Area harvested Beets worked 



1916 Short Ions Acres Short tons 



California 274,.539 144,803 1,125,595 



Colorado 2.52,147 188,567 1,933,.595 



Idaho 4.5,874 42,134 331,478 



Michigan 69,341 99,619 502,705 



Ohio 18,234 24,767 137,696 



Utah 90,277 68,211 708,237 



■Other States 108,462 100,911 843,071 



United States 858,874 669,012 5,582,373 



1915 874,220 611,301 6,150,293 



1914 [[[[ 722,054 483,400 5,288,500 



1913 733,401 580,00u 5,659,462 



— The Monthly Crop Report. 



NETHERLANDS SUGAR 



According to official statistics, which cover the whole of the Netherlands, the imports an 1 

 •exports of sugar for the years 1914, 1915 and 1916, were as follows: 



Imports. - — Exports. 



Kind 1914 191.5 1916 1914 1915 1916 



Metric Metric Metric Metric Metric Metric 



Tons. Tons. Tons. Tons. Tons. Tons. 



Jlaw beet -iugar 202..323 19,312 2,263 116,808 67,081 37,694 



Raw cane *u|ar 9 146 2,047 22,718 2,596 580 22.339 



Another ..........:....: 43:.589 9,853 25,788 172,274 103,186 32,281 



Totals 255,058 31.212 50,769 291,678 170,847 92,314 



