St. Croix Avis, 1921-01-21, page 3
ment in_recent years. Before the tour- ist traffic can be developed, said Mr. Aspinall, hotels properly equipped on the lines of those in Jamaica are neces- sary and run by a company like the (anadian Pacific Railroad Co. Despite a temporary setback, he concluded, the sun of prosperity was likely to ascend still higher. New York, Jan. 17th.—All large sagar refiners in t e East have now dropped prices to the basis established some time ago by the Federai Refining Coy., name ly 7.75¢ a pound for fine granulated, which means 7.95 per cent within seven days. Th's is the lowest level since the obnuoimal rise was started in the latter part of 1919 and is considerably below the war time fixed rate. Private advices from Cuba tell of stocks of old crop raws on hand much larger than figures generally published and of new crop estimated as high as 10,080,000 pounds. Grinding, which started late, is well under way. Much of the sugar imported in the United States recently is from Java and Peru, where large stocks accumulate]l during |the world war. …
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ment in_recent years. Before the tour- ist traffic can be developed, said Mr. Aspinall, hotels properly equipped on the lines of those in Jamaica are neces- sary and run by a company like the (anadian Pacific Railroad Co. Despite a temporary setback, he concluded, the sun of prosperity was likely to ascend still higher. New York, Jan. 17th.—All large sagar refiners in t e East have now dropped prices to the basis established some time ago by the Federai Refining Coy., name ly 7.75¢ a pound for fine granulated, which means 7.95 per cent within seven days. Th's is the lowest level since the obnuoimal rise was started in the latter part of 1919 and is considerably below the war time fixed rate. Private advices from Cuba tell of stocks of old crop raws on hand much larger than figures generally published and of new crop estimated as high as 10,080,000 pounds. Grinding, which started late, is well under way. Much of the sugar imported in the United States recently is from Java and Peru, where large stocks accumulate]l during |the world war. With the new Cuban and Porto Rican crops coming on, pressure to sell in Cuba ils becoming noticeable and lower prices both of raws and aefined sugar are anti- cipated. Futures are selling lower. Washington, Jan. 17th.—Congress vot- ed to limit the size of the regular army of thé United States to 175,000 enlisted men. The Senate by a vote of 41 to 33 set aside its decision of last week to re- duce the arny to 150,000 men and with- out a record vote adopted the original joint resolution of Senator New Republi- can, Indiana, directing the Secretary of War to stop recruiting until the army is cut to 175,000 men. The House ten minutes later adopted a joint resolution sponsored by Chairman Kahn of Its military affairs committee, also direct- ing the Secretary of War to cease enlist- ments until there are no more than 175,000 enlisted men in the regular estab- lishment. The House vote was 485 to 4. Congress acted in opposition to wishes of Genl. Pershing who had informed the Senate that an army of 200,000 men con- stituted the ‘‘safety margin’’. Paris January 18th.—The ‘'Matin’’ to- day publishes the following despatch from Berlin: The Government of Hol- land has notified the members of the family of the former Kaiser that it wish- es them to leave the country. Thanks to the aid of several foreign diplomats the Duteh Government got possession of documents which prove in an irrefuta- ble manner that the Hohenzollerns are guilty of grave violaticn of asylum. The Dutch Government knows today that at Doorn and Wirringen, the abode of the Crown Prince, preparations were made tor a big coup d’etat. The former Prince was to pass into Germany and enter Berlin at the head of the German troops remaining faithful. London, Jan. 18th.—In a letter to the 1. U YUI x A% 1 - Deputy Mayor of Cork, relative to the | request to remove martial law, Major ' General Sir Edward Strickland, the . British Commander in Munster, says the | present state of affairs in Cork cannot be ' allowed to continue #nd that he will be - "‘compelled to take drastic measures as | may seem necessary to make the lives of . the Crown forces secure from assassins | and cowardly attacks,’’ says the Cen‘ral | News. The latter adds, however, that i General Strickland will be ready to give . all possible consideration to the request . if he sees signs that the inhabiiants are | willingto assist him. i London, Jan. 18th.—Four civilians i were killed and seven black and tap . auxiliary policemen were wounded in a | fight in County Galway, Ireland, accord- | ing to repurts received today. The fight . ensued when a black and tan patrol was | ambushed near the city of Galway. New York Jan. 18th—Reports from ' London to the effect that the Council of ' Imperial defence views with disfavour . a continuation of the ‘‘big ship’’ policy . have aroused considerable attention in . the press' of the United States. The ' New York Times attributes the change ~in the British attitude to consideration ~ of the expense involved. The Evening ~ Sun recalls the fact that it was a splen- did vessel, such as the Queen Elizabeth, ~ the Malay and the Barham that decided - the mastery of the seas and foreed the . German fleet to take cover and Kkept . open the channels of world commerce. It adds, “‘lfGreat Britain discards the . “‘big ship’’ policy, it will be despite, not ' because of the experience of the war.”’ | A more reasonable explanation of her | attitude, the Sun continues, is found in ' the enormous cost of the modern super- | dreadnoughts. British finances are just . beginning to recover from the effects of ' the war. Taxes are high, the pound . sterling is depressed. The nation faces .~ an enormous debt. The prospects of laying out nine million pouunds for each new capital ship, is staggering to say the least. But though the British treasury just at present may be short, . British -jinsight into naval matters re- > mains clear, and it"may be taken for . granted that the hesitancy to construct . new capital ships will last not longer . than the shortage in the royal treasury | continues, Adelaide, Jan. 18th. After making a | bad start in their second innings yester- | day the Australians steadied down today i in their test match with England and when stumps were drawan had scored . 364 for only five wickets. | NEW YORK, January 18th 1921. ~ Flour, Blended Clears St. Lawrence Erand | . pr. brl. $9.50. - Meal, Kilndried per 100 tbs $2.00 New Season’s Pork per brl. $37.00 ~ Heavy Mess Pork per bbl. $29.00 Sugar---Crystals maximum per 100 lbs $5.46—55.50. Molasses Sugar 89 test, no quotation. Cotton, Middling Upland, at Liverpool per lb. 10 32-1004. fixchange, New York and London, 60 _ days’ sight $3.72 iixchange New York and London, sight $3.768 LONDON, Jan. 18th 1921. Sugar, Demerara Crystals, Govt. controll- ed price, duty paid 1295. 9d. ““ Demerara Crystals free of con- trol, duty paid, 635. 675. " Moscovado Govt. co trolled price, duty paid, 1245. 9d. = - free o1 control duty paid . 365.- 50s. . fine 755. German Beet 88°/¢ f.o.b. no sales. White Java sugar cif United Kingdom nominal 425. od. Demerara Rum, per gal. nominal. Trinidad Cocoa, Good Middling Red no- minal per ecwt 675. 70s. Cottor:. Medium Fine Sea llsland, at Liv- erpool per Ib. nominal ~ Bank of England rate of Discount per cent. 7. Consols 478. Three per cent rents in Paris Fes. 57.55. All prices subjecet to correction. TO EXPLORE SOUTH POILAR RE- GIONS A British expedition headed by J. L. Cope, formerly one of Shackleton’s lieu- tenants, started a few weeks ago for the south polar region where the next two years will' be spent in exploring lands now unknown. The expediticn is said to be the largest ever sent from England. At Deception island, in the Falkland group, the party plans to a- bandon the steamer Thor, in which it started, and embark in a smaller ves- sel capable of wrestling with the ice floes. Graham Land, the southern- most land known, is the primary ob- jective point of the expedition. From the Graham Land base, ex- ploring parties will work their way pole-ward by sledges and airplanes. The program calis for a 1,500 mile round trip sledge journey, 1,200 miles of which will be over land altogether unknown and unexplored. During the two years. of their "explorations the members of the party will be practi- cally cut off from all the outside world and will probably see no other hu nans. —The Pathfinder. Publicat; üblication ¥ROM THE PCLICE. iN accordarce with the Ordinance of I 14th November 1908 § 3 all owners of firearms ‘in Christiansted’s Jurisdiction are hereby notified that a new sign must be taken out for 1921 before the 15th of February a. c. Christiansted Police Office, St Croix, the 29th December 1920. - F. COULTER.