St. Croix Avis, 1920-08-11, page 2
"MAILS CLOSE for New York, N. Y., Europe, etc., per S. S. Korona on [hursday 12th. Instant at 4 o’clock p. in. There will be shown an extraordinary feature programme at the thea‘re this evening and the attention of readers is invited to advertisement in the present issue containing cast of characters and short synopsis. ‘The management of the theatre assures us that this exhibi- tion is among the best he can offer his patrons from whom a heartv response is fooked for, and to whom is- promised a splendid evening’s entertainment TELEGRAMS " S CROIX STAIION. {Delayed In Transmission). New York, Aug. sth.-—QGreetings on the sixth anniversary of (reat Britain’s entry into the war were cabled t; Earls Haig and Beatty by Mr.Franklin, National Commander of the American Legion. “Monour to the Statesmen who had the courage to assume th2 responsibility for that decision.”” Reads the message: “"Honour to the British millions who with valour unsurpassed and hearts of of vak executed that decision on Britain’s many fronts. …
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"MAILS CLOSE for New York, N. Y., Europe, etc., per S. S. Korona on [hursday 12th. Instant at 4 o’clock p. in. There will be shown an extraordinary feature programme at the thea‘re this evening and the attention of readers is invited to advertisement in the present issue containing cast of characters and short synopsis. ‘The management of the theatre assures us that this exhibi- tion is among the best he can offer his patrons from whom a heartv response is fooked for, and to whom is- promised a splendid evening’s entertainment TELEGRAMS " S CROIX STAIION. {Delayed In Transmission). New York, Aug. sth.-—QGreetings on the sixth anniversary of (reat Britain’s entry into the war were cabled t; Earls Haig and Beatty by Mr.Franklin, National Commander of the American Legion. “Monour to the Statesmen who had the courage to assume th2 responsibility for that decision.”” Reads the message: “"Honour to the British millions who with valour unsurpassed and hearts of of vak executed that decision on Britain’s many fronts. When we contemplate what woald have been the state of af- fairs in the world today had not Rritain acted as sne did, and when she did, the trials and difficulties of the present hou -, hiowever vexatious they may be, seem now to sink into comparative in- significance. The U. S. Rorces had the pievilege on ‘the and and sea under the British High Comm®&nd. The mem- mories of the association of those great days will never perish; they will per- petuate themselves in our hearts, and this service will perpetuate the indis- soiuble friendship of the British and American peoples’’. . ' Ottawa, Aug sth:—The Govts. of the British Empire are urged to secure ade- quate wireiess service throughout the Empire by public and private enterprise, in & resolution whicn will be discussed at the second Imperial Press Con- ference, which opens at Ottawa. The Conference, representing the news press: of . five Continents and of every corner of the Empire, will assemble in the Parliament Buildings to- morrow, the Delezates to the number of one hundred and twenty having now reached this city. In addition to a reso- lution setting forth that this conference is of strong opimion that the principles should pe at once established tor provid- ing the British Empire and the world with the advantages of wireless telegra- phic and telephonic communication, ‘A resolution calling for increased cable tacilities and lower cable rates through- out the Empire,” 80 as to assure the fullest interchange of news and opin $1 U KROUOLEX ANIS ion within the Empire, wiil be intro- dueed. The Governments will be asked in the resolution to lay down new cables, and to make increased grants to Cable Companics, but the resolutiovn further affirms that the control of the News Serviee must always “be in the hands of newspaper men, and rot be subject to official influences. NEwW YORK, Aug. Tth 1920, : Hlour, Blendad Clears St. Lawrence Irrand pr. brl $12.00 Meal, Kilndried per 100 Ibs $3.90 New Season’s Pork per brl. $39.00 Heavy Mess Pork per hbl. $33.00 Sugar---Crystals maximum per 100 lbs. $16.30. Molasses Sugar 89° test, no quotation. Cotton, Middiing Upiand, at Liverpool per Ib. 27 10-100 d. Kxchange, Mew York and l.ondon, 60 ~ days’ sight $3.65% Kxchange New York and London, sight $3.67% LONDON, Aug. Tth 1920. Sugar, Demerara Crystals, Govt. controll- ed and free oi control quite norminal. Sugar-Moscovado Govt. cowtrolled and free control quite nominal. Moscovado free of Govt. control duty paid nominal. (yerman Beet 83°/. 1.0.b. no sales White Java sugar cif United Kingdom nominal 113s. od. Demerara Rum, per gal. nominal. Trinidad Coeoa, Geed Middlineg -Red no- minal per ew: 100s. od. : Cottor.. Medium Fine Sea Island, at Lis- erpool per b, nominal Bank of England rate of Discount ver cent. 7. Consals 46%. Three ver cent rentes in Paris Fes, 57.40. All prices subject to corregtion. OUR SUGAR PROFITS. Certainly some of the profits of our su gar mi'lionaires have shrank consider- ably by the recent decline in the price of sugar but there is no indication yet that the season will not end more prosperous- ly and profitably than any one could have dreamed at this time last year. But while soine centrals are declaring dividends that are running as high as 1007 it is likely that few of them have yet completed their liquidations to the point that they know exactly what it cost them to make a pound of sugar. When these figures are tabulated.it is quite probable that the cost will be sur- prisingly high and that all of what has been considered profit is not profit at all. Sugar at fifteen and twenty cents a pound is beyond all expectation and has result- ed in the greatest prosperity the island has ever known. Butit is just as. well to remember thatit cosis more than three cents a pound to produce sugar. While this was the average costs four or five vears ago Dr-:bablv a3 more accurate es- timare of the average cost of the crop just ended would be between seven, and eight cents. Profiis have been more than reasonably good but costs have been as toundingly high and could not have been met under zonditions which did not in- sure a tremendously high price for raw sugars. ® v To what extent the island as a whole 1s to benefit from this almost priceless crop cannot be estimated at this time. While not declining to take every cent of prcfit possible, during this "abnormai season most far-sighted sugar men agree that their profits have been too great and that the indus‘ry as a whole wozid have been on a far sounder basis if the price of raw sugar had been lower and more st=ble throughout the season. A good deal of the profits of the year will go back into the industry so insure its eon.inuance more definitely tor the future. The Government will colleer its share in increased taxes while some of the profits will be reinvested here in new enterprises and permanent improvements that will be for the general benefit of the island as well as the more particuiar ben efit of those who have been fortunate enough to have had sugar stocks and properties. J.abor has fared beiter than ever be- fore and from this wage money business has been stimulated. Labor’s share has not been as large as it well could bhave heen had there heen a greater dispost- tion to increase effort Costs for another scason will be higher than during the crop just hnarvested And not even a seventn son may forecell the price during another vye.r.-—Porto Rico Progress, July 30th. e e SIR THOMAS LOSES AGAIN While we cannot heip but aceept the vietory of the Resolute giladiy 1t 1s not too much. to say that there would have been almost as mueh joyv if Sir Thomas Lipton with his Shamrosk IV had won in this latest effort to recapture the yachting honours from the United States. Certainly such a victory would have ad ded interest to future races both as anp internation | event and as a purely sport ing proposition. His repeated and un- tiring efforts deserve better luck and better reward. So many times he has demonstrated his true sportsmanship that it is to be hoped that he will continue to challenge until his efforts are finaliy suc- cessful. Posscibly should the eup return tc England we might have as great diffi- culty in getting it back as Sir Thomas has had.—lbid. EIGHTY-SEVEN EARTHQUAKES IN 1919. : Though the general public may not be aware of the faect, the United States usually experiences from 100 to 200