THE SUGAR TRADE.
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To he Editor of the Boston Courier

 The following is all extract from letter of inqui- to whom it Is addressed, is unable to "recify the errors contained in il, will you ple'se give il an

 insertion in your paper, and, peih haps, the request wlll be ably met through your columns. o There has been Il feverish and advancing state Of

 this market for the article of sugar. thai has caused great wonder with many of us ignorant ones, in the great matter of the production and consumption of that article in the world. I A

 From inquiry, itappears that All this excitement is

 from the expectation that the crop in the island or Cuba was go materially injured by the drought las fall, that it will result in placing in the Cuba markets, for shipments to all parts Of Europe and the United States, than one hull o the quanii tv usually shipped. The 'knowiDg ones' consider this is sufficient 10 make all kinds of sugar worth from 70 to 60 per cent more than they would have been worth, il the crop had been an ordinary one in Cuba. Is thIs so! The whole export of Sugar from Cuba, annually has been about $40 millions of pounds; ths year it falls short one half, or l7O mil lions of pounds. The whole eSpurt Of sugar to all parts of Europe and the United States. from all the producing places, is about 20O0 millions Of pounds, annually. This year the Louisiana crop for sh'p- ment from New Orleans is estimated al lsO millions of pounds which is 90 millions of pounds more than the average quantity shipped the past few years

 from that pori deduct this 20 millions from the l70 millions. and it leaves deficiency of 80 millions of pounds Again', thi, defcisncy, # is sad ,ha, the colonies, and Brazil, will have an increased pro- ducton. But allow that there will be this defcIen cy in the sugar product of the world for this year, what is it per centage on the whole production of the yearf Certainly il is only Jour per eenfum Is il possible that four per cen,um reduction tn quan- ity can reasonably allow ofany material xtvante in the value of that article, all over the world!

 The whole quantity of sugar imported into the United States, annually, is about 166 millions of pounds, of which about II millions oi p"unds gre sxporied, leaving for consunption 156 millions oi pounds. Added ,o that is the export from New Orleans 10 the northern and middle states, about S7 millions of pounds, ani you have the smoHnt, l92 millions o'p0unds. This year, New Orleans e1-