22 



THE CUBA REVIEW And Bulletin. 



SUGAR IN DECEMBER. 



Specially written for THE CUBA REVIKW by W ILLETT & GRAY, of New York. 



In December, the making of the Cuba sugar crop began in earnest and pro- 

 ceeded much more rapidly throughout the month than in December of the previous 

 year, there being 122 centrals working at the close of the month against 20 last 

 season. 



Free sales were made to the U. S. of the early manufacture, for December, 

 January and February shipment at from 2>8C. per lb. cost and freight for 96 test, 

 down to 2 3-i6c. per lb. which is the closing value, of the month. 



Spot sugar quotations in New York fell from 3.875c. per lb. duty paid to 3.58c. 

 per lb. at which they close. 



The market now seems to be at or near the bottom from which there should be 

 an advancing tendency a little later. 



Our review of the year 1906 is of special interest showing the consumption of the 

 U. S. to have been 2,864.013 tons, an increase of 231,797 tons over the previous 

 3'ear. Cuba supplied of this amount, 1,165,994 tons; Philippines 41,900 tons: Hawaii 

 and Porto Rico 537.S35 tons; Domestic cane, beet, maple and molasses sugars 582,414 

 tons; and foreign sugars paying full duties supplied 5'35>870 tons. 



The average price of 96 test Centrifugals for the year was 3,686c. per lb. and 

 of refined granulated 4.51SC. per lb. against 4.278c. for raws and 5.256c. for refined 

 for 1905. 



In the matter of crops which supply the United States, Cuba leads with 1,178,- 

 749 tons, the U. S. domestic beet crop being second with 395-00O tons; thus the latter 

 crop is growing from year to year at a rapid rate. Ten years ago, the crop was only 

 37.5^6 tons. New factories will be built the coming year and in time this industry- 

 will become Cuba's greatest competitor. The farmers take kindly to the raising of 

 beetroots now and in some sections their growings largely exceeded the capacity 

 of the factories to manufacture. 



QUOTATIONS FOR CUBAN SECURITIES. 



Supplied by LAWRENCE TURNURE & CO., New York City. 



Bid Asked. 



Republic of Cuba 5 per cent, bonds loiH I02j4 



Republic of Cuba 6 per cent, bonds Nominal ^ 



Republic of Cuba s per cent, internal bonds 89 95 



Havana City first mortgage 6 per cent, bonds 104 108 



Havana City second mortgage 6 per cent, bonds 103 108 



Cuba R. R. first mortgage 5 per cent, bonds 88 94 



Cuba R. R. preferred stock 44 50 



Cuba Company 6 per cent, debentures 65 75 



Havana Electric consolidated mortgage 5 per cent, bonds 91 9354 



Havana Electric preferred stock 80 83 



Havana Electric common stock 42 44 



Western Railways Nominal 



United Railways Nominal 



Prensa.s de 



Filtrar 



para Ingenios 



SHRIVER 



Filter Presses 



Write us for Cata- 

 log-ue. Prices and 

 Information. 



I . SHRIVER & CO. 



349 East S6th Street 

 NEW YORK CITY 



rLF..^SF. MENTION THE CLli.V REVIEW .\nd Bulletin when writing to .\dvertisers. 



