26 THE CUBA REVIEW 
In view of the critical situation of Cuba’s sugar industry at the present time, the 
probable future that the cattle industry has in store is of interest. We believe that the 
expansion of the sugar industry has ended, and that a limitation of production both 
enforced and natural will result. It is quite possible that the next two years will witness 
a reduction in Cuba’s total sugar crop to not more than 2,500,000 long tons. This, of 
course, can be produced on a much smaller area of land than is now planted in cane, and the 
only outcome possible is that those lands abandoned for the growing of cane will become 
available as pasture. In the great majority of cases here, cessation of cultivation is 
followed immediately by the occupation of the land by grasses of various kinds, in many 
sections these being excellently adapted for cattle raising and fattening, so that present 
indications would point to an increase in the number of acres devoted to cattle raising, 
with a consequent increase in the number of cattle produced. This should, and very 
likely will, result in a repetition of the conditions existing beginning with about 1905, 
in which the price of cattle gradually lowered and the profits from the industry became 
smaller. From the extremely high prices at which cattle were held last year, there has 
been a tremendous drop, the writer being informed that yearlings which last year were 
obtainable only at prices from $45.00 up per head, are now being offered in fair abun- 
dance at $15.00 per head. Thus prospects indicate an increase in production and a 
lowering in value, but we believe that the history of the past will repeat itself and that 
reliable profits will continue to be made upon all ranches where business methods rule. 
The common sense limitation of the number of cattle pastured in a given area so that 
the owner is always in position to protect his herds in case of drought, and to give sys- 
tematic care which involves only a relatively small outlay, together with progressive 
methods in the improvement of the grade of animal produced, and systematic marketing, 
should bring to our stock raisers in future years reliable profits that will represent an 
excellent return upon the financial investment involved. We have been informed by 
some of the most conservative cattle raisers here that a return of about 18 per cent. net 
upon the capital invested in stock, lands, ete., can be secured, and this, it seems to the 
writer, should be regarded favorably. 
Trade with Boston 
Year Ending Year Ending 
| Mar. 1921 | Mar. 31, 1921); Mar. 1920 |Mar. 31, 1920 
$3,448,500 | $65,081,666 | $5,848,690 | $37,164,666 
Imports from Cuba............... | 438,005 | 11,252,495 1,019,160 | 10,704,682 
Pee OuDA...............005 ee 
Year Ending Year Ending 
Apr., 1921} Apr. 30,1921] Apr., 1920] Apr. 30, 1920 
Imports from Cuba............... $3,596,206) $63,247,464 $5,430,408} $39,690,538 
Bienerisaartubaes oes eos. FS 4 559,933) = 10,163,745 1,644,683 11,720,645 
Gunny Bags from Calcutta 
The following table shows the exports from Calcutta to Cuba of gunny bags during 
the fiseal years 1918-19 and 1919-20 as compared with the average 5 years ended March 
31, 1917. 
Average for the 5 Years 
Ended Mar. 31, 1917 1918-19 1919-20 
Quantity, Value Quantity, Value Quantity, Value 
Tons Tons Tons 
14,668,620 $2,181,814 17,079,600 $3,863,027 21,114,400 $5,758,042 
