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Show I ' Huge Profits Reaped I by Pacific Sugar Men MANILA, P. I., Aug 7 The sugar planters of the Island of Negro will be so well off in another year that ihy will not know what to do with their money, in ihe opinion of Venan j els Concepclon, president of the Phil ippine National tank, who has Just re ! turned from a visit to that island Of tho $12,000,000 which my bank loaned the planters of the island ot J Non-pa last year, $7,000,000 will be paid out of tho 1020 Bugar crop and the remainder out of the 1D21 crop," said Mr. Conception. "Negros need3 1500 tractors and with thai number the acreage in sucai next year could be more than doubled. I estimate the surar crop for the Island this year at 210,000 tons." |