THE CUBA REVIEW And Bulletin. 



as 



ANNUAL CUBAN SUGAR REVIEW. 



Specially written for THE CUBA REVIEW bj- WILLETT & GRAY, of New York. 



Taking a retrospective review of the general situation and conditions of sugar 

 during the year 19C6, we find several features of interest which may have been pre- 

 viously overlooked. Take, for instance, the notable increase of consumption of sugar 

 in the United States, reaching 2,864,013 tons, being an increase of 231,797 tons over 

 1905, and making necessary every ton of sugar produced in Cuba and all that could be 

 produced in all possessions having duty advantages with the United States proper, 

 and requiring beyond these amounts some 535,870 tons of full duty paying foreign 

 sugars. 



The varieties of climate and uncertainties of crops in the United States are well 

 shown in a decrease of 100,000 tons in the cane crop of Louisiana and an increase of 

 about 125,000 tons in the domestic beet crops of the country. The increased con- 

 sumption constantly going on and not met from these two sources left a larger 

 margin for increased crop in Cuba for 1907 supplies. 



It is already evident that whatever the amount of the Cuba crop may prove to 

 be, it can all be used in the consumption of 1907. 



Prevailing conditions at the opening of the crop season stimulated an early 

 excessive production and corresponding early sales, throwing into the United States 

 an unusual amount of crop which may be felt in the way of much smaller offerings 

 later in the season. Large early sales naturally decreased values below the parity of 

 beet sugar from Europe, while the smaller offerings forthcoming later in the season 

 will restore values of Cuba sugars to the normal parity of beet sugar. 



While Cuba is paying little attention to the value of beet sugar, it is a notable 

 fact that beet sugar in Europe is selling at about %c. per pound higher than last year, 

 which also will eventually benefit the planter who keeps his sugar regardless of the 

 present state of mind of the planter who is giving away all the benefit from reci- 

 procity. Much of the premature selling, which has caused the low prices in January 

 and February, was from fear of possible political and other disturbances in the 

 island, which fortunately have not developed. On the contrary, extremely peaceful 

 conditions have attended the making of the crop thus far and are likely to continue. 



Taking the campaign of 1906-07 all together, the price obtained for the Cuba crop 

 will be higher than the price paid for the 1905-06 crop. The amount of sugar required 

 for the consumption of the United States places no limit upon the production of Cuba 

 for several years to come. 



This is unlike the beet culture of Europe, which has already in several seasons 

 exceeded the requirements of the world's markets. 



We may add a few statistics confirming the above. Cuba Centrifugals 96 test in 

 New York brought 3.64c. pound duty paid in January, 1906; 3.395c. in February; 3.482c. 

 in March, 3.456c. in April, 3.45c. in May, 3.52c. in June, 3795c. in July, and 3.898c. in 

 August. The average value of the crop of 1906 was 3.686c per pound in New York. 



Early sales of the present Cuba crop were made in December, 1906, at 3.86c. duty 

 paid at New York, at 3.513c. in January, 1907; at 3416c. per pound in February, and 



Specimen Cabbage, Eggplant and Kohlrabis grown in Cuba. 



