THE CUBA REVIEW 35 



ASome FacLs ahuat Holler Chain Drire.s. — the JiitcriKilional In.stitutc of AKri<'ulture, 



Book No. 361, published by the Link-Belt Rome, Italy. 



Co. Thi.s book contains an article written Tliis j)M})licati()n consist'^ of a booklet of 



by A. Lee Henson, fully describing the appli- more than scvcntN- pa^cs and includes a 



cation of the diain drive to tlie Smith Motor consi(leral)le number of statistics, some 



Truck. official and some from f)ther triLstworthy 



Copies of these books may be obtained 

 by application to the Link-Belt Co. in Phila- 

 delphia, Chicago or Indianapolis. 



sources, on phosphatic, pota-sh and nitro- 

 genous fertilizers, as well as the principal 

 chemical products li.sted in agriculture. The 

 Ijook treats of the world's i)roduction of these 

 The Inter national Movement of Fertilizers articles in the international trade and the 



and Chemical Products Useful to Agriculture. wholesale price.s for the period under con- 



— Book No. 6, ^.'arch, 1917, published by sideration. 



SUGAR REVIEW 



Specidlly written for T)in Cuba Review by Willett A Gray, New York, -V. Y . 



Our last review for this magazine was dated July 9, 1917. 



At that date Cuba Centrifugal sugar of 96'' test basis was quoted at 5'/2C. c.& f. New ^'ork. 

 and is now 6J4c. c. & f. 



^^ ith but two exceptions the changes have all been upward during the months under review, 

 fluctuations having occurred as follows: July 9, 5 5/ 16c. c. & f.; July 11, o^^c; 12th, 5}^c.; 

 17th, 5 19/32C.; ISth, 55^c.; 20th, 5 9/16c.; 24th, 55^c; 25th, S^c; 27th, 5 15/16c.; 30th, 

 6c.; August 2d, 63/8C.; 3d, 63^c. c. & f. 



Porto Rico sugars have advanced during the month from 6.23c. to 7.21c., having been under 

 the same influence as the Cuban sugar market, which is affected by the large purchases of 

 Cuba sugar for shipment to Europe, as well as to this country. 



The unsold available supply in Cuba is run down to about 2.50,000 tons, and included in 

 this amount is a considerable amount of sugar that is yet to be made, and for this reason C'ubau 

 sellers have been reluctant to offer sugars until they are able to ascertain exactly how the crop 

 will outturn. The above figure must be divided up between the United States refiners, Cana- 

 dian refiners, the British and French Governments, and is it easy to learn the strength of the 

 situation. 



As far as the sugar supply of the entire world is concerned there is plenty of sugar even 

 under a decreased production of European beet sugar, and the increased production of cane 

 sugar throughout the world, which has been stimulated by the prevailing high war prices. 

 The only trouble is that the sugar that is available is in the wrong part of the world; that is, 

 in Java and the Philippines, available supply of the former Island being from 600,000 to 1,000,- 

 000 tons, and the latter about 70,000 tons. However, the sugar is not in the part of the world 

 where the demand exists — Europe and America — and the problem of transporting sugar from 

 eastern producing countries to western consuming countries is a very serious one, especially 

 under the present existing state of ocean tonnage with which everyone is familiar. 



Relief from the high prices prevailing will not be in sight, until the new United States 

 beet crop, the Louisiana cane crop, and the Cuban and other West Indian cane crops come to 

 market, beginning from October to December this year. 



Refined sugar has been very difficult to buy, all refiners limiting sales and .some being en- 

 tirely withdrawn from the market. Quotations for granulated, duty paid, have been advancing 

 from 7Kc. to 8.40c. and 8.75c less 2%, which advance, of course, has been necessitated by 

 the corresponding increase in raw sugar prices. 



The Cuba crop has continued to catch up upon that of last year, visible production to Aug. 

 4th, being 2,862,619 tons or only 69,365 tons less than corresponding figure last year, which is 

 2,931,984 tons. Last year the crop was shghtly over 3,000,000 tons, and this year's crop will 



