Salt Lake Telegram | 1921-05-25 | Page 19 | Cuba's Sugar Crop is Reported Short

CUBAS CUBA'S SUGAR CROP I IS REPORTED SHORT iI I i I NEW YORI YORK May 25 Although Although the Cuban sugar crop is likely to be a million tons below the estimate this I year there is no reason for any ad adVance advance ad- ad I vance vanc in price here in the opinion of Henry De Ford president of the CarIbbean Car ecarI 1 I Sugar company who returned I from an inspection trip in Cuba He was a passenger on the of the Munson Line which carried fifty cabin passengers The cost of labor has gone down from 6 and 7 7 to a day in th the sugar industry in Cuba Mr De Ford I said I was surprised at the thousands thousands thousands thou thou- sands of acres of uncut sugar cane caneI which because the season is now late I cannot be counted in this years year's crop The lack of money to finance the cutting cutting cutting cut cut- ting and the frequent rains are given I as reasons why so much cane remains I 1 standing in the fieldsOn fieldsOn fieldsOn fields On this basis 1 I believe the crop willbo will b bo a million tons short of export estimate estimate esti esti- mate which placed it at tons But nut despite this there should be no higher price The existing price is sufficient sufficient sufficient suf suf- to guarantee a good return on moneys invested especially If the sugar plantations are in the newer and I richer territory of eastern Cuba The growers in the west end where the older tracts are located will suffer by comparison as their plantations are less fertile Hubert Edson a director of the West Indies Finance corporation returned from a trip to San Domingo and Cuba Sol A A. Jacobs who commutes to Cuba finished his trip on a aMunson aMunson aMunson Munson Line steamer Other passengers passengers passengers gers on the were Bradley W W. Palmer Victor M. M Cutter Gervasio Camps a merchant of Santiago and Luis uis ner Bergnes ne Soler of Porto Rico