The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-12-20
MILLIONS LOST IN SUGAR.
OWE or TIIE nOST REM fRkdBLE TUM-
MES ~ TdLtES ON RECORD.


burned their own Fingers aud those of
nt,,, Tsrupte- An Oxcr--uppiv Is, ancr- In
Tronbie The stock ON unnd-The Outlook.
Millions Of dollars have been lost during
Tie laA siS months on sales Of imported
su- 0r-. and the present stock. IL sold at to-
day prices "ou'u cn'au 'n' ,osS oi m'lnons
more i"' 'ou'"' OF 'n' "n''rN'l turing ''''s
prn"' u9 "''" w "'' 'o,',''''' .''',
financial '" "s Srss dsn Or ods'ny . .
q', f.,rrorts through which raw sugars are
,r,nrira,iv imported for our consumr tion are
l,r,l,r of relative importance. this city.
r.t,n putlndriphia. and Baltimore. The i'm
,,rtations ut those ports for the eleven months
,,,h respective yoar. from Jan TO Dec. /.
bu,. ho.u ~ follows:
ncg,,
H. is75 6i'7t
,. ,, ,,,,,,,. n,po,,b.of,s77 ,slis
rv Ar,,,ics f,.r c,nsun,tion ,lurin, tho
$780,. ,.,,,., bs,,h,,,.
I'm.
nJ-t ...........-... s ~ -,s
DECREASE nd't''uc, n'I'f'" m'"'n' q" 80 '',-''
THE stock 80 ihr iour ports oh 'h' ION oi Do-
ccmNDr ui each year woH; ~
o,,t.,, Oh, nc,.,t. r 1890 euSi
g. s'h Of n,t''.f,r' i..7 .etr2
rScc.-oi stock on i5u. oi r,,,intor 1911 SOL
IT,. .,,cA..t Do, tnit, ,.ats iiom $500, So i-77 nciu
eve. n.c d. follow. ,
III,
on n'r ~ ''5} ''''''.'' ''''''''''.' sisI
On G J., y 5sa'.
IN. .t,rlo isfowa. an EXTRAORDINARILY low enc the
ih Ia. W 'h u',u iu,cl l,a,iD induced holcrso
,nro va ro,,- ir rcall'.
pt nrN t.'..,N iN'' NJ, lN7' d'i East ina"
''., 1921 To- ANY, "i'r '" N'"
The prices az good refining grades Of raw
.n..r. ,,t,nrr al. follows.
r"-' '.l'"'' "7
~ |'
E"'
Tho ihr'c sirik uc points ol the above figures
tfiIn.. l.u4aruft:
....,..,. ~ ,.., ,..,,, ,o ~, .,,..,,,. ,r, i,
- III ''~'' vas ''''-
g,ur,,nt l,.. than Inst vonr
~" " "'' u.s.
81. 'NW "'' S'""A "h OI' l''h INST ~ n"hrly
thrcn times greater than II was on the 18th De
e,nnor 1916.
VIM '''".
The second ot thcs' points. viz. the decrease
Of % small percentage in tho consun,ption
, .,r 40 c,,',...,, N'','
easuy accounted Tor by reason Of the
t''ae'n.y Of the times and the increased
az I"~r price VIII u nave diminished the con-
" ,.. ~, n',.. w. 'u 1r''' r o' 'oou not "so-
''' ''''' ''"'''' A"' '""IH'"sN IN
tf's.d ~ ~. there lore. clearly du" e. the
lN % NS'd IMPORTS, ana, q p'tHft. "a" very heavy
e. .N" Ii values Il "a cons uuenrc Oi an over
."ii ID. objects oi thus article arr. fret
outNt ll~ character thlrdiy. 1" examine into
lN' HdiUh iN1wnrn THIS uycr-supply and the
If's 'n, Neyrrif,l rWr 9i values and tourthly
ihc primary cause 81 tho increased imrorta-
t'ie W. - 'uetun hts - upon known ltA-
ln. II %. uir -tnrnp'"n b''t-ropt crop to the
tN nf ol j-juuu toms and an estimated
Il {. i"nry in Oh" Cuban crop. II was known
u'". IT," GU ~ rIup 81 1870 Was some thirty per
80 ~' ori oithM of 1870, md about March last 10
logan 10 hg phtent that this years crop would
SLOW - deficiency of not lees than thirty per
Nh M
lN'fri with thW ~ 1870 nui ~ We have IN nor
ma il'nrs drawn about snNeniy-hyc Per cont OF
nuI suliliys oi raw sugars rom Cuba. any de-
h.,'m - ~ nc crop OF that island became at once
NIt ~ ,unporuhi clomcnt IN dcicrmlnlns tho
'uu' 81 This staple. Spectators rushcdto Cuhl
~ ", Erevurry oulniH etch y'h"r ior every parcel
ir NJ. lIl,,r Whl'h ruici ~ the opening OF
,lr season in January last AT -, reals per AFRO
,n ,vi !. c, nts. god Per E19ndl. were run up
at4s' gold Yer pound About this time
one OF NE most Influential firms Of the country
n,,ted with TINS branch oi commerce iniiu-
eH'iai ny r'as"n ai,Re OF It's repuled wealth and
OF ~ l9hf 'stahlish"d cons ryatNe charaetsr-
nv, ~, Wy ~, "s 'Hiy ,Np,ra'ofsi ne
drlphia. About May ,gst one Of the partners OF
p,h ~ S lniu,,r rh"r e'r1 OF Y" ls"ni,
NINA 40 i"'.iiD'S' N"i svl'~' SdEu" n
heionging to his firm l. siui,t.,u Fi"nf,,.r"s
49,, syrai ~, ,I, - ~
A. ~ t'i"l h,."N5 ~ ui"'YlS' "lu 'unt'hi-
rrN c"nsicn7n,, ne, s,,re s a. H mlfn
h. . E,.', , rlr 9us"rs 10 nus nrln IN
ins Tor he sugars hy drits a,n.t ill., n,,. b2-
t,rin chin AT Il roas ~ ~ ~
. ',' r u," az a ran yer "Ir'o" or "a cents
~" oxas gIl Of SO influential house No that
n,atN fS0wtd. A 9amb.r W. t& S'l, s, nu
! agnl- n Boston WE hel4 intimate con',
.bin,'" @ pI ,pa nase o' sugars kyfre ana
n,ln.", lsSsvvd wHp9n Cunas short crop and
aui .rut.d wenlth ,y@r,. on fSnir WV i1 tcr