30 



THE CUBA R E A' I E W 



THE NATIONAL TREASURY 



According to the official statement of the 

 treasury department the condition of the 

 treasury- on March Dlst was as follows: 



Balance on hand $l,or)6,;'.7-4..58 



Collections during month .... 3,<)14.(iss.:2ii 



In hands of collcctMrs 



^'■^.'^,21'.>.2^^ 



Total $5,303,742.10 



Expenses during munth 3,529,548.01 



Halancc remaining 1.049.914.74 



Scene on sugar plantation during the harvest. See article on page 29, which gives some informa- 

 tion regarding a new cane harvester. 



SUGAR REVIEW 



Specially Written for The Cuba Review by Willett & Gray, of New York 



Our last review for this magazine was dated "March 20th. 



On that date centrifugals were quoted at 3.S6c. per pound, and European beet sugar 10s 

 SM^d,, equal to 4.25c. per pound for centrifugals at Xew York. 



To-day's valuation of centrifugals is 3,86c. per pound, at which price the market has 

 remained quiet and steady since the 28th of March. 



Beet sugars from 10s. SVid. advanced to 10s. lOVi-d., reacted to 10s. 3 74d.. ^March 31st, 

 since when they have steadily advanced to 10s. 9d. on April 6th, to 10s. 6%d. on April 

 11th, closing at 10s. 9d. August beet sugars are now quoted at 10s. 10 ^{id. Next crop beet 

 sugars for October-December delivery are quoted at 9s. 10 %d. 



As indicated, the frequent fluctuations in the European markets have not been fol- 

 lowed in our market, but, at the close the quotations are firmly maintained, with May 

 shipments in demand at basis of 3.92c. per pound, the cost and freight quotations being 

 21.2C. for prompt and 2 9-16c. for futures, 96 test. 



The European changes in beet sugars take their basis from the frequent cables sent 

 over from here and from Cuba, with estimates of the final outturn of the Culia crop. 



