. The Cuba review. Cuba -- Periodicals. 30 THE CUBA REVIEW SUGAR REVIEW. Especially written for The CUBA REVIEW by Willett & Gray, of New York. Our last sugar review for your magazine was dated Feb. 6. At that time Cuba Centrifugals 96 test were 2 9/32c. c. & f. and per lb. spot, and are now 2i^c. c. & f. and per lb. spot, showing the usual advance from the lowest point of 2^c. c. & f., duty paid, which comes in the month of February each year after the planters have disposed of sufficient production to feel comfortable in the remainder. European markets ha
. The Cuba review. Cuba -- Periodicals. 30 THE CUBA REVIEW SUGAR REVIEW. Especially written for The CUBA REVIEW by Willett & Gray, of New York. Our last sugar review for your magazine was dated Feb. 6. At that time Cuba Centrifugals 96 test were 2 9/32c. c. & f. and per lb. spot, and are now 2i^c. c. & f. and per lb. spot, showing the usual advance from the lowest point of 2^c. c. & f., duty paid, which comes in the month of February each year after the planters have disposed of sufficient production to feel comfortable in the remainder. European markets have improved during the same time from 10s. for prompt and 10s. 2^d. for May to 10s. 3^d. for prompt and 10s. 5^d. for ]\Iay Beet, the parity of for 96 test Centrifugals or .36c. above our market. The difference has already closed up considerably from 50c. per 100 lbs. at the greatest for this crop. The largest difference on last season's crop was 40c. per 100 lbs. Looking back over the past season, in its interests for Cuba, we note the Cuba crop was 961,958 tons, so far below the requirements for consumption in the United States (3,185,789 tons) that 684,625 tons full duty sugar was required to complete consumption. We note that Java was the country to send us the largest amount, say, 429,770 tons, and she could evidently compete with the rest of the sugar world for the open business here by reason of her low cost of production. On this account, also, Cuba will have to compete with Java, which will have over 400,000 tons surplus crop for western markets for the supply of the reduced requirements of full duty- paying sugar this season caused by the large Cuba and other crops and by the imports late in the year following the granting of free duty to 300,000 tons of Philippine sugar. Fortunately all signs point to a large increased consumption, both at home and abroad, so that Europe can absorb its beet crops without our help. We have already, in a previous number, given f
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