32 



THE CUBA REVIEW 



SUGAR ESTATE ACTIVITIES 



THE HORMIGUERO CENTRAL COMPANY 



A notice on the financial pages of the New 

 York Times, in the latter part of May, was 

 to the effect that the Hormiguero Central 

 Company of Cuba had voluntarily dissolved. 



As this corporation is a large and influential 

 one and owns a great sugar estate in Cuba, a 

 representative of the Cuba Review called at 

 the offices for such explanation as they cared 

 to give. Our representative was informed 

 that the dissolution was altogether unimport- 

 ant and referred to the incorporation of a 

 company which was made twenty-five years 

 ago under the Laws of the State of New York, 

 and which never completed its organization 

 or engaged in any business. 



Owing to certain circumstances, the 

 articles of incorporation were never actually 

 put into operation and the existing company 

 under the name of The Hormiguero Central 

 Company was formed and incoroprated under 

 the laws of the State of New Jersey, in October 

 1890, and certificate of abandonment of the 

 New York Company was sent to Albany in 

 the same year, but it was later ascertained 

 that this certificate of dissolution had not 

 been received by the officials at Albany, and 

 it was only very recently that the company 

 learned that the incorporation was still in 

 existence on the records under the laws of the 

 State of New York. 



The company, on learning of this fact, 

 immediately, in May, 1914, sent a second 

 certificate of abandonment and it is this 

 proceeding which called for the notice of 

 dissolution printed in the New York Times. 



Mr. Anthony J. Curotte is now acting 

 manager of the Central Preston at Nipe Bay, 

 in place of E. P. Cobb, resigned. 



CANE SUGAR TO JAPAN 



The Acting British Consul at Shimonoseki, 

 Japan, reports that an experimental shipment 

 of 5,500 tons of raw sugar arrived at Moji 

 from Cuba on April 17, to the order of the 

 Mitsui Company. The demand for raw sugar 

 in China has caused great activity in the 

 Japanese sugar refining industr}^ ot late years, 

 and the refineries at Moji and Osaka have 

 obtained a large share of the trade, especially 

 in the lower grades. 



This is the first appearance of Cuban sugar 

 in Japan, as hitherto all the sugar required for 

 refining has been imported from Formosa, 

 Java, and the Philippines. The Cuban 

 growers are understood to be trying to find 

 fresh markets, partly on account of the 

 bumper crop, which was gathered last season 

 and partly in an endeavor to break away from 

 the control of the American Sugar Trust. 

 The opening of the Panama Canal, too, will 

 shorten the distance by one-half for vessels 

 trading between Cuba and Japan. 



This shipment is to be followed by two 

 other trial shipments, and it will be interesting 

 to see whether, given a better raw sugar, such 

 as the Cuban sugar is, the Japanese refineries 

 will be able to turn out a higher grade sugar 

 to compete with the high grades of the Hong 

 Kong refineries. — Board of Trade Journal, 

 London. 



The Cuban-American Sugar Company has 

 declared the regular quarterly dividend of 

 1/4% on the preferred stock. 



Because of heavy rains, Central "Niquero" 

 terminated its campaign on May 28th, with 

 163,000 bags to its credit. 



^ The BUDA COMPANY'S 

 MOTOR CARS 



We manufacture PLANTATION and RAIL- 

 ROAD EQUIPMENT, including HAND 

 CARS, PUSH 

 CARS, JACKS, 

 SWITCHES 

 and FROGS 



30 Church Street, New York 



