THE CUBA REVIEW 



33 



of 20,641 tons, valued at $2,062,896, ac- 

 cording to the Georgetown Chamber of 

 Commerce. Both quantity and value are 

 in excess of 1922 figures for the corre- 

 sponding period, 18,266 tons valued at $1,- 

 177,752. The United Kingdom and Can- 

 ada each received half of the exports 

 for the quarter this year. 



The contemplated abandonment of the 

 Anna Regina plantation at the end of the 

 present crop has caused considerable dis- 

 cussion and efforts are being made to in- 

 terest the government in a scheme to 

 operate the plantation through a commis- 

 sion and to provide for the financing of 

 the continued operation. It is said that 

 by employing deep plowing and mechani- 

 cal tillage, both of which have proved very 

 successful on other estates where they 

 i were tested, an operating commission 

 could make the plantation pay. 



One of the mills has installed an Amer- 

 ican still and will produce alcohol for 

 power use. If the experiment proves suc- 

 cessful several other mills are expected to 

 follow suit. 



Securities Corporation Reorganized 



The Securities Corporation, formed in 

 1921 to lend money to the owners of 

 sugar mills for the purchase of equip- 

 ment and similar purposes in connection 

 with the financing of operations, has been 

 reorganized with a capitalization of $10,- 

 000,000. Under the reorganization other 

 industries than sugar will be served, al- 

 though a specialty will still be made of 

 long-term loans to the .sugar industry. 

 The new officers of the organization 

 present a strong list of names headed by 

 O. A. Hornsby as president, with Claudio 

 G. Mendoza and Mariano L. Mora vice- 

 presidents; Victor G. Mendoza, secretary; 

 Charles B. Davis, treasurer, and a board 

 of directors including President A. W. 

 Burchard of the International General 

 Electric Company; Julius Goslin, president 

 of the Joubert and Goslin Machine and 

 Foundry Company; H. B. Hirsh, president 

 of the Belmont Iron Works, and E. H. 

 Wells, president of the Babcock and Wil- 

 cox Company. Under such direction the 

 organization must be of great value to the 

 sugar industry. 



Delicias Makes 777,000 Bags 



Delicias turned out 777,080 bags, com- 

 pared with the original estimate of 900.- 

 000 and with her record-breaking 1921-22 

 production of 1,047,643 bags. Xiquero 

 produced 212,376 bags, compared with 

 250,000 estimated and 270,886 produced 

 last season, and Tacajo turned out 125,- 

 999 bags, against 225,000 estimated and 

 317,000 made in 1921-22. These figures 

 bring the total production of the 38 mills 

 finished in Oriente province up to 5,694,- 

 988 bags, as compared with Himely's 

 estimate of 6,895,000 and last season's 6,- 

 951,685 bags, showing a shortage from 

 estimates of 17.4 per cent. 



For the entire island production by the 

 total of 178 mills closed stands at 24,146,- 

 672 bags or 3,449,525 tons. The four mills 

 still grinding in Oriente are Boston, 

 Preston, Santa Lucia and Tanamo, of 

 which Preston and Santa Lucia, it is re- 

 ported, will continue into August. For 

 these mills to add 200,000 tons to the pro- 

 duction already reported they will have to 

 turn out approximately 85 per cent, of 

 their estimated 1,635,000 bags. 



Weather conditions continue to be 

 marked by great heat and frequent 

 showers, but although rainfall in some 

 parts of the island has been considerable 

 there have been no floods such as oc- 

 curred earlier in the year. 



Cuban- American 



The final production figures of the 

 Cuban-American Sugar Company shows 

 a total of 1,821,061 bags, against 2,256,- 

 736 bags in 1922, a decrease of 435,675 

 bags being due to a drop which particu- 

 larly affected the eastern part of Cuba 

 where Chaparra and Delicias are located. 



The following table shows the produc- 

 tion of Cuban-American's six centrals as 

 compared with 1922: ^g2^ igjl 



Chaparra 477.540 693,266 



Delicias 776,000 1,062,844 



Tinguaro 203,515 186,755 



Constancia 140,846 207,703 



Mercedita 145,162 106,168 



Unidad 77,998 did not grind 



Total 1,821.061 2,256,736 



The final figures for Central Delicias are 

 776,000 bags. This is a decrease over 

 last year's production of 296.844 bags for 

 this mill. —Sugar. 



