Map of the easterly half of Cuba showing the mills of Compania Azucarera Vertientes

$145.00

Scarce prospectus for growing sugar in Cuba during the Roaring ’20s.

1 in stock

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Description

The Vertientes Sugar Company was established in Cuba in 1914 and opened its first mill, Agramonte, the following year. Production gradually increased after World War I, culminating in over 270,000 bags in 1922. However, additional capital was needed to expand production capacity, and this circular was distributed in late 1922 or early 1923 to solicit funding through the National City Company of New York. Ten million dollars were to be raised through the sale of bonds offering a 7% yield in the hopes of increasing production to 750,000 bags annually.

The two-page pamphlet provides cherry-picked financial statements and statistics, letters of support, and a perfectly squared company balance sheet. A small map designed by the General Drafting Company shows the location of the two mills in operation by the Compania Azucarera Vertientes, as well as the local branches of the National City Bank of New York.

Source: The Morgan Library

Map Details

Publication Date: 1922

Author: General Drafting Company

Sheet Width (in): 8.5

Sheet Height (in): 14

Condition: A-

Condition Description: Double-sided two page proof prospectus, folded into a tri-panel brochure. Moderate toning along the uppermost fold line on the front page, but otherwise in very good condition. Includes a small map that measure about 6.5" x 3.5".

$145.00

1 in stock