New-York tribune

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aid Oil of New Jersey may be redeemed I

as a whole after three years from date

of issuance on any quarterly dividend

date at 115 and dividends on thirty

days' notice. j

Doubtful About Sugar Stock

Question?Picase K|ve mo what Informa,

tion you cm nn ("entrai Teresa Sugar Com?

pany of Maryland, head offices in Haiti- i

more, preferred -stock. 1 would like to

know something as to whether reliable

and where their properties are located as

1 was advised lo purchase ico shares when

?i was 510 a share. 1 have received two

dividends so far of $20 each. I see It

uuoted occasionally on the Baltimore list;

last-quotation showed $8.50 a share.

also see occasionally the common traded i

on New York Curb around $o. I realize

practically everything is selling low now,

but if this company was not considered i

good I would want to sell and buy some i

gOOd bond. I will have about $5,000 to in

vi st shortly and would like your advice as

to the best and safest investments with

the highest possible returns, for It la <iulte

necessary not. only to have principal safe

but to get the best possible returns,?Mrs.

a. L. D.

Answer?The Central Teresn Sugar

Company was incorporated in 1919. It

is located in the Province of Oriente,

Cuba, comprising about 'J4,000 acres, of

which about 11,000 are owned in fee,

the remainder being held under long

term lease or under contract for the

purchase of cane. The outstanding

capital is only $3,500,000, one-half 8

per cent cumulative convertible pre?

ferred and one-half common, both $10

How to cite this articleCómo citar este artículo

New-York tribune. (1920). New York [N.Y.], 1920-07-18. Haiti in the American Press. Library of Congress, Chronicling America: https://www.loc.gov/resource/sn83030214/1920-07-18/ed-1/?sp=26

ReferencesReferencias

Library of Congress, Chronicling America: New-York tribune, 1920-07-18.