26 



THE CUBA RE\'1EW And Bulletin. 



faster than it is required for use by refiners. Wo ^mvc herewith a table showing 

 liow much faster the last crop has been sold than it could be used. 



Beginning with January, 1907, Cuba gave the U. S. 97,801 tons out of 143,000 

 tons required for meltings. By the end of February, Cuba alone had given 290,734 

 tons out of 305.000 tons required. By end of March, 494.6i3 tons for 489,0:0 tons 

 required. Up to April 30, 691,461 tons for 688.000 tons required. To -May 31, 

 914,985 tons against 899,000 tons required, and by the end of June, 1,096,456 tons 

 against 1,108,000 tons required. For fcur of these months the receipts from 

 Cuba alone exceeded the total requirements of each monih. As a certain large 

 amount of sugar must come in from other countries, it is quite evident that such 

 luessure from Cuba must depress prices, far below the level which could be main- 

 tained by more conservative selling on the side of Cuba during these four months, 

 spreading the sales over eight months to October. 



Of course, the Cuban planter is ready with good reasons why he must push 

 sales, such as deterioration of cjuality by keeping, lack of warehouse facilities, 

 political influences, etc. 



As regards deterioration, this is very important but not impossible to overcome. 

 If the Centrifugals must be made by a process which aids deterioration of quality, 

 the methods recently introduced into the Hawaiian Islands and Porto Rico will 

 remedy it. Raw sugar dryers are used in quite a number of factories in the 

 Hawaiian Islands for hot air drying of both firsts and seconds. They are reported 

 to have given good satisfaction and planters in those Islands are initting them into 

 use more and more. 



The manager of a sugar plantation in Porto Rico who is using a Dryer speaks 

 very highly of it as a business proposition. 



Now that this process has been tried and proved, we may quote the views of 

 an exrert of the process, viz.: 



"No large Cuban planter can profitably maintain his present status of being 

 unable to carry in the early spring his raw sugar beyond the low market point, 

 because of deterioration in quality, when by the installation of a drying outfit he 

 can prevent deterioration and actually increase the quality of his output. The 

 mere fact of having a Drj'er would not necessitate its use when market conditions 

 were favorable, but when unfavorable it would save him from serious loss as at 

 present." 



With the beginning of July we are having more favorable weather for the con- 

 sumption of refined which should hold firm and more active for two months to 

 come, giving promise of a good market for the balance of the season in raws and 

 refined. 



Tons 2240 lbs. From Jan. i, 1907, at U. S. 4 Ports and New Orleans. 



Receipts 

 To Meltings 



Jan. 31 143.0CO 



Feb. 28 305.000 



Mar. 31 489,000 



Apr. 30 688,000 



May 31 899,000 



June 30 i,ic8,ooo 



June 30, 1907. — Estimated available balance of present Cuba Crop. 265.000 tons 

 June 30-Dec. 31, 1907. — Required by U. S". for Meltings 1,280,000 tons 



All Sources 

 163,266 

 398.584 

 660,672 

 906.652 

 1,209,029 

 1,446,522 



Cuban 



97,801 



293,734 



494.613 



691,461 



914,985 

 1,096,456 



Centrifugal Sugar. 96° test. 

 Price at New York for May. 

 Solid line 19<)7. 

 Broken line 1906. 



Centrifugal Sugar, 96" test. 

 Price at New York for June 

 Solid line 1907. 

 Broken line 1906. 



