THE CUBA REVIEW 



33 



1920-21 1919-20 



Tons Tons 



Germany 1,300,000 750,000 



Czecho- Slovakia 800,000 535,000 



Hungary and Austria 50,000 50,000 



France 300,000 154,444 



Belgium 185,000 144,662 



Holland • 325,000 236,277 



Russia 175,000 225,000 



Sweden ' . . 175,000 145,000 



Denmark 165,000 160,000 



Italy 160,000 170,466 



Spain 200,000 81,650 



Switzerland 5,000 8,550 



Bulgaria 15,000 15,000 



Roumania 15,000 



3,870,000 2,676,049 



We have this Aveek received from our correspondents in Manila a cable giving a 

 reduction in their estimate of the 1919-20 crop now about ended to 203,000 tons against 

 •225,000 tons previously estimated. Exports from the Philippine Islands during the 

 month of July were 67,000 tons, of which quantity 37,000 are coming to the United 

 States Altantic ports, 6,000 tons for San Francisco, and the balance to other countries. 

 According to advices from Java the exports during the month of July were 179,000 

 tons, of which quantity 115,000 tons were shipped for European and/or American 

 account, 56,000 tons to the Far East, and 8,000 tons to San Francisco. Definite infor- 

 mation regarding these sales is lacking, but we estimate that of the quantity for 

 European and United States Atlantic ports, 50,000 tons will probably go to the United 

 Kingdom and 65,000 tons to the United States. Of the 56,000 tons shipped to the 

 Far East proliably 35,000 will be diverted to America, totaling perhaps 100,000 tons 

 of Javas to the East Coast of the United States and 8.000 to San Francisco shipped 

 during the month of July. 



New York, N. Y., August 27, 1920. 



YAGUANABOS SUGAR COMPANY, S. A. 



The "Yaguanabos" Sugar Company, 

 S. A., with headquarters at Holguin 

 (Oriente), was established under the laws 

 of the Cuban Republic, on March 5, 1920, 

 in the Havana Notarial office of Messrs. 

 Recio & Arellano. The general plan of 

 this Company is to build a sugar mill, 

 having capacity of not less than 250,000 

 bags, and to this end they own the fertile 

 and splendid lands composed of the fol- 

 lowing plantations : "Las Coloradas," 

 "Yaguanabos," and "Almiquiabo," making 

 a total of 2,2.50 caballerias (a caballeria is 

 about 33 acres), and situated between the 

 stations of Mir and Omaja (municipal dis- 

 tricts of Holguin and Victoria de las 

 Tunas), on the north, and bounded on the 

 south by the banks of the Cauto River. 



The Company has a capital of eight mil- 

 lion dollars (.$8,000,000), represented by 

 40,000 shares of preferred stock, at .$100 

 each, plus 80,000 shares of common stock. 

 at $50 each. 



The preferred stock will earn 8% in- 

 terest annually, and besides, will be re- 

 deemed by profits on the capital. 



The subscribers to the preferred stock 

 will be entitled to one share of common 

 for each share of preferred ; that it is say, 

 the money placed at 8% interest annually, 

 when the investment is returned in pre- 

 ferred stock, will still be represented by 

 the nominal value of the common stock, 

 whose dividends will increase, as the pre- 

 ferred paper decreases in circulation, and 

 the profits of the mill progressively in- 

 crease, in view of the enormous business 

 now represented by the sugar industry in 

 the Republic. 



ESTIMATED GERMAN SUGAR-BEET CROP 

 The Times Trade Supplement of May 

 22, 1920, reports that the German sugar- 

 b-et crop for 1919-20 is expected to yield 

 740,000 tons, compared with a total of 

 1,193,000 tons in 1918-19. 



