THE CUBA REVIEW 



39 



NEW SUGAR CENTRAL AT FLORIDA 



All details for the construction of the new 

 central "Vertientes"at Florida, near Camaguey, 

 have now been arranged, and the work will 

 commence without delay. The officers in 

 charge of this new enterprise are as follows; 



President, Isidoro Madrazo y Torriente; 

 vice-president, Ldo. P^elipe Silva y Gil; sec- 

 retary, Ldo. Arturo Lopez Madrazo; treas- 

 urer, Cii)riano Arenas ; directors, Juan F. 

 Gabrera, Antonio F. Oviedo, Juan Busquets, 

 Francisco Fernandez Martinez. 



It is understood that the contract for the 

 construction of this mill has been placed with 

 the Sugar Factories Construction and Equip- 

 ment Company of New York. The capacity 

 of this mill will be 120,000 bags, and the con- 

 tractors have guaranteed that it will be ready 

 for grinding before January 1st, 1916. This 

 mill will l)e modern in every respect. A pow- 

 erful electric plant will be installed which will 

 provide ]iower to operate all the machinery 

 exce])t the grinders. It is estimated that this 

 mill with its factories, railway lines, lodging 

 houses, stores, hotel, etc., will cost in the 



neighborhood of $800,000. The contracts 

 for the next season's supply of cane have been 

 negotiated, and it is estimated that the supply 

 will require more than 12,500 tons of cane. 

 The manager in active charge of the new 

 enterprise will be Senor Carlos Albavez, who 

 has been manager of the centrals "Lutgar- 

 dita" and "San Francisco" at Sagua la 

 Grande. Of the large capital at the disposal 

 of the Vertientes Company, a portion has 

 already been used in the purchase of 24,000 

 acres of land in the Camaguey Province, which 

 will be especially adapted to the cultivation of 

 cane. It is purposed to so manage this large 

 tract of land that at the end of two years' time 

 the companj' will be enabled to double the 

 capacity of the central For the present the 

 companj^ will build 8 Idlometers of the RR. 

 track with the intention in the near future of 

 continuing the railway to the south coast, at 

 which point a port will give the company am 

 pie shi])ping facilities and excellent communi- 

 cation with the ])ort of Cienfuegos. 



It is to be noted in the })romotion of this 

 comi)any that it is due to the enterprise of 

 Cuban residents and Cuban capital. 



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