34 



THE CUBA REVIEW 



THE SUGAR INDUSTRY 



UNITED FRUIT COMPANY REPORT 



The United Fruit Company has issued its 

 annual report for year ended Hept. 30, 1914. 



Among: other announcements the company 

 states that, under date of May 1, 1914, it had 

 issued .S1(),()0(),()00 in four-year 5% coupon 

 notes. The purpose of this note issue was to 

 provide for additions to railways, equipment 

 and cultivations in the tropics, for additional 

 working capital, and, tempor aril j', for the ma- 

 tiu'ity of first mortgage notes of the Nipe Bay 

 Company on June 1, 1914, for which purpose 

 the United Fruit Company loaned to that 

 company $3,060,500, taking as security for 

 the loan a demand note of the Nipe Bay Com- 

 pany, secured by a first mortgage on that 

 company's property. 



Regarding its other sugar estate at Banes 

 the report states that the annual ciops at 

 both Banes and Preston, were successfully 

 harvested, the previous record for a year's out- 

 put having been exceeded at each of these 

 properties. 



The sugar mill at Banes produced 147,713,- 

 320 pounds of sugar and 3,108,485 gallons of 

 molasses, and the Nipe Bay Company's sugar 

 mill at Preston produced 157,864,040 pounds 

 of sugar and 3,811,238 gallons of molasses. 



The output for the previous year was 124,- 

 445,660 pounds of sugar and 2,563,936 gallons 

 of molasses at Banes, and 136,880,980 pounds 

 of sugar and 3,036,089 gallons of molasses at 

 Preston. 



WHEN HARVESTING USUALLY BEGINS 



We give below the dates when Cuba har- 

 vesting began for a series of year: 



1914 Nov. 28 



1913 Nov. 24 



1912 Nov. 21 



1911 Dec. 5 



1910 Dec. 7 



1909 Dec. 1 



1908 Dec. 3 



1907 Dec. 12 



"AUSTRALIA" WILL WORK 



Three kilometers from Jaguey Grande, in 

 Matanzas Province, is the old ingenio "Aus- 

 tralia," which has not been in operation for 

 many years. 



Into this old factory has recently been 

 installed much new machinery and the old 

 mill will again become active and grind the 

 1915-16 crop. 



Abundant rains over the plantation at 

 Preston, Nipe Bay, has very greatly bene- 

 fited the cane. It is in fine condition and 

 much of it ready to cut. 



The proprietors of the central "Preston" 

 expe- 1 one of the best crops ever made. 



A CENTRAL FOR CACOCUM 



According to the newspaper of Holguin, El 

 Correo de Oriente, a sugar factory is projected 

 for Cacocum, on the line of the Cuba Railroad, 

 in Oriente Province, which will be ready to 

 grind the coming crop. Its capacity will be 

 100,000 bags. 



Kensington Copper & Machine Works 



g^ __^'nM Vacuum Pans, Coils, 



I AtlHOfOIH 1 1 nO Evaporators, i)efecat- 

 UUUUClOllllUlO oy?,, Alcohol Cor^tinuou* 



I I btills. Coolers and Con- 



densers and general Copper and Brass Work. 



1227-29 E. Berks St., PHILADELPHIA, PA., U.S.A. 



The BUDA COMPANY'S 

 MOTOR CARS 



We manufacture PLANTATION and RAIL- 

 ROAD EQUIPiMENT, including HAND 

 CARS, PUSH 

 CARS, JACKS, 

 SWITCHES 

 and FROGS 



30 Church Street, New York 



