THE CUBA REVIEW 



31 



THE SUGAR INDUSTRY 



been made by which a hmited amount of 

 sugar from Austria, principally for industrial 

 purposes, may be exported to Switzerland 

 in exchange for the removal of the export em- 

 bargo on cheese to Austria. 



The sugar factory at Frankenthal, Germany, 

 which is doubtless the largest single purveyor 

 of German sugar in the Swiss market, sent a 

 circular to its Swiss customers which may also 

 eventually result in some sugar being ob- 

 tained from that source. This circular pro- 

 posed to cancel all contracts for the delivery 

 of sugar up to and including April 30, 1915, 

 •which could not be filled on account of the 

 German export embargo, and for deliveries 

 due after May 1 the factory proposes that it, 

 as w^ill as its Swiss customers, use all possible 

 influence with their respective Governments 

 in order that some agreement of exchange may 

 be entered into bj^ which the sugar of this 

 factory may again be imported into Switzer- 

 land. Tlie Frankenthal Co., however, makes 

 two further conditions (1) that the deliveries 

 after ^lay 1 will not necessarily be of those 

 assortments to which the Swiss customers 

 have been accustomed, but that the assort- 

 ments will have to be determined by the con- 

 ditions of manufacture, and (2) that in the 

 case of shipments of sugar in sacks, the Swiss 

 customers must furnish the sacks in advance. 



Although the terms of the Frankenthal Co. 

 are not acceptable, it is understood that those 

 offered bj^ some Austrian factories are pos- 

 sibly even more unfavorable, but the Swiss 

 manufacturers and wholesale dealers, in 

 view of the threatened sugar famine, are com- 

 pelled to accept any possible conditions. In 

 the meantime, the sugar prices are also going 

 lip, and offers were being received in the 

 middle of April, 1915, for delivery at theSwiss 

 frontier with the duty jirepaid, at 55 francs 

 ($10.61) per 100 kilos (220 lbs.) for the same 

 grades and varieties of sugar that are already 

 contracted for with Austrian manufacturers 

 at prices ranging only from 37 to 40 francs 

 ($7.14 to $7.72) per 100 kilos.—Commerce 

 R'-ports. 



tria. She ought to Ijuy from Cuba direct. 

 Probably when we learn to make white sugar 

 at our own sugar mills she will. — Havana 



PUNTA ALEGRE SUGAR CO, 



Its property includes about 2S,000 acres of 

 land located on the north coast of Cuba, in 

 Camaguey Province, nenr the town of Cham- 

 bas. The land is now being cleared for the 

 planting of cane, and plans are being pre- 

 pared for the erection of a large and modern 

 sugar mill, to have an ultimate capacity of 

 250,000 bags of sugar. The company is capi- 

 talized for $1,000,000 common shares and 

 $1,250,000, 6 i)er cent first mortgage con- 

 vertible 20-year bonds. The entire $1,000,000 

 capital stock has been fully subscribed for at 

 par. The Board of Directors will include the 

 following: Edwin F. Atkins, Pres.; Robert 

 W. Atkins, Treasurer; Galen L. Stone, Eugene 

 V. R. Thayer, Frederick Ayer, Jr., Charles 

 B. Wiggin, Ernest B. Dane, Ralph Horn- 

 l)lower, W. de S. Maud and Elie L. Ponvert. 

 John E. Thayer, Jr., has been elected secre- 

 tary of the company. 



CENTRAL "CESPEDES,' CAMAGUEY 



The firm of Perez y Gonzalez, S. en C, 

 has been formed which will operate the sugar 

 central "Cespedes" at Cespedes, Camaguey. 



SUGAR PRODUCTION OF GERMANY 



Official figures from the Royal Statistical 

 Biu-eau in Berlin regarding the sugar produc- 

 tion of 1913-14 show it to be the heaviest 

 ever recorded in Germany. It amounted 

 to 2,424,918 tons (2,240 lbs. each), thus 

 slightly exceeding the record production of 

 the previous j'ear, which came to 2,410,407 

 tons. 



For the first time in the history of the sugar 

 trade Switzerland has bought sugar from 

 the United States. Its initial order is 1,000 

 tons of granulated sugar. Hitherto Switzer- 

 land has purchased from Germany and Aus- 



ELECTRIC CAR LINE IN CIEGO DE AVILA 



It is proposed to establish an electric car 

 line in Ciego de Avila to run from Ciego de 

 Avila to the Stewart sugar central, returning 

 by way of the centrals Jaguej^al and Ciego 

 de Avila, with branches to include the Cuba 

 Railroad Station and the Station of the 

 Jucaro & Moran Railroad. 



