The daily times. [volume] (Wilson, N.C.) 1902-1936, 1920-01-12
MENOCAL.
ON SUGAR CROP
Says There is a Crop of 2,25O,.
600 Tons, the Bulk
of Which Has
ALREADY BEEN SOLD

Senator McNary made public on
January 9Th the following cablegram
received by him from Babel Monto-
ro, secretary to President Menocal of
Cuba:
''The President directs me to ack-
nowledge' receipt of your valued ca
bic in which you make inquiry of the
available supply of Cuban sugar not
under contract from the harvest now
in progress, The quantity under en-
gagement is estimated at 2,25O,OOO1
tons a preponderance of that having
been sold.
What proportion is in the hands
OF spectators cannot be determined,
but the unsold quantity is in their
hands OF many producers and re-
mains to be harvested. The United
States is recognized as their prin-
cipal market. They wish not only
to MAINTAIN but to strengthen by all
means the close relations now exist
ing between our countries.
THE exchanges in commodities in
the production of which both excel,
will approximately this year in their
! total value 81 1,000,000,00 The Gu
ban government, conscious of the
great convenience and lasting i'm
portance of these economc exchanges,
/ put forth every effort to conclude by
agreement with the American gov
ernment the disposition of the entire
' output of Cuban sugar for the year
1920.
For the two preceding years this
t government maintained a stable con-
dition of price and distributor. Under
express authority commissioners
again presented Cuba's attitude and
| made formal tender of Cuba's entire
wealth of production. Unhappily
| these tenders were without response.
| and active trading ensued which
carried the market to it's present
| level.
There exists here a group of pa
triotic men extensively engaged in
producing sugar They, with many
a
can be depended upon to respond tc
any invitation on the part of Amer
lea to consider a true price for Gu
ba's product. The present situation
is unhealthy for every interest.
II This government awaits with sin
cere interest any suggestions of Amel
can representatives.
i The exports from Cuba duringg the
week of January 8, 1920, show {
marked advance to 59,716 tons from
22,795 tons in the preceding week
During the corresponding week las
year only $50 tons new crop suga
| were shipped. The total shipment
from both crops to date were 1894
I tons this year against 1903 tons lasi
I most of the exports were for Atlanti
g ports.
The receipts at Cuban ports, So
639 tons, about equalled the export
and stocks are practically unchange
at ,674 tons against 755,771 ton
last week. sd ts
Twenty centrales commenced grint
ing between December 81 and JAM
It ary 8. They were Trinidad, L
Franco aza, Carolina, Rosa Marii
d Santa Cecela, Mercedita Sugar Con
J. pany, Andreita, Dos Hermanas, Car
II men, Santa Maria, Sieneguita, Cow
It donga, Santa Lutgarda, San Isadr
d Maria Antonia, Santa Rosa, San Pa
.e 10 Altamira, mereedita.
q The weather continue fine ar
C. very favorable for grinding The cel
g trales report ggenerally satisfaction
t, results with better yields than ye'
IN ago and every promise Of improV
it ment as the season advances.
Our regular Friday cable of Jan
CO ary 9th, 1920, reports $50 central
rel grinding, as compared to 133 la
ini year on the corresponding date. II
VI weather continues favorable.
ne