34 



THE CUBA REVIEW 



diiu'd to believe that his figure cJin be figured as a miniraura and if favorable growing 

 conditions prevail, our estimate of 1,300,000 tons will be reached. 



Our cable reports from the Philippine Islands are to the effect that shipments of 

 sugars during May. June and July, 1920, to the United States Atlantic ports are esti- 

 mated to reach 90,000 tons and shipments during August and September will approxi- 

 mate 35,000 tons. The exports of the Philippines during April were 20,(JOO tons, of 

 which 7,000 tons were destined Atlantic ports and 3,000 tons to San Francisco, with 

 the balance going to Eastern countries, 



Sliipinents of sugar from Java during April, 1920, totaled 50,000 tons, of which 

 quantity 10.000 tons were destined for Europe and 40,000 tons to the Far East, ac- 

 cording to our cable advices. 



With the windup of the domestic beet crop of 1919-20 we are now able to give 

 you the final figures of production as compiled by us. The total quantity of sugar 

 produced amounted to 652,957 tons against G74,S92 tons in the preceding campaign, 

 682,867 tons in 1917-18 and 779,756 tons in 1915-16, which crop was the largest on 

 record. Owing to unfavorable weather conditions, lack of labor, poor seed and other 

 reasons, the final results have been very much less than expected and under the 

 present needs for sugar, disappointing. Colorado continues to lead as the largest pro- 

 ducing state with an outturn of 173,446 tons of sugar during the campaign. California 

 ranked second with 120,421 tons of sugar, and Michigan third, with 117.0:54 tons. The 

 average yield of sugar per acre was .96 tons against 1.13 tons during the previous 

 season. Ninety factories operated during the campaign. 



The scarcity of refined sugar in the United States is still apparent, although it 

 seems to us that the cry is not so loud and the high price asked for refined sugar at 

 retail, say from 23c to 30c a pound, is tending to reduce the consumption. 



New York, N. T., May 26, 1920. 



INCREASED COST OF SUGAR IN GREAT 

 BRITAIN 

 The Royal Commission on the Sugar 

 Supply announces that because of the rise 

 In the world price of sugar it has become 

 necessary to increase the selling price in 

 the United Kingdom. The following prices 

 have been fixed to take effect on Novem- 

 ber 3: 



Whole- Approved 

 sale retail 



Description. price. price. 



Pcrctct. Per lb. 



Cube, loaf, castor and 



icing sugar $17.28 $0,175 



Granulated, crystals, 

 crushed, and chips, 

 dry white sugar, West 

 Indian grocery crys- 

 tallized, yellow crys- 

 tals, white pieces 

 (moist) 15.84 .16 



West Indian muscovado 

 (moist) raw brown 

 crystals, pieces (other 

 than white), West In- 

 dian grocery sirups.. 15.18 .155 



The wholesale price is per hundred- 



weight of 112 pounds and is subject to a 

 discount of 1^4 per cent. 



Jellies, knots, and lumps and West In- 

 dian and other British colonial sirups, to 

 be sold only to manufacturers, are "free" 

 — that is, uncontrolled— and no maximum 

 prices have been fixed therefor. 



PROJECTED SUGAR MILL 

 Recent reports are to the effect that 

 Colonos of the Centrals Chaparra and 

 Manati have combined to form a company 

 for the purpose of constructing a large 

 sugar mill near Rio Cauto, Oriente. It 

 i«- intended to have this mill ready for the 

 r.ext crop. 



CUBA CANE SUGAR CORPORATION 

 PREFERRED STOCK DIVIDEND 



A quarterly dividend of -SI. 75 per share 

 has been declared upon the Preferred 

 Stock of this Corporation for the quarter 

 ending June 30, 1920, payable July 1, 1920, 

 to stockholders of record at the close of 

 business June 15, 1920. 



