World's #1 Company for Original Stock Certificates & Old Stock Research Services Since 1880 - Rated A+ by Better Business Bureau

Historic Stocks and Bonds                                              
Quality Research Service Since 1880                                   


What our customers say:




 




Camaguey Sugar Company of Cuba - Pre Castro Revolution American Sugar Company -  Havana, Cuba  

Camaguey Sugar Company of Cuba - Pre Castro Revolution American Sugar Company - Havana, Cuba

Product #: comazvercamd

Normal Price: $19.95
Our Sales Price: $14.95
Color: 

(You Save: 25%)

Qty:

PRODUCT DESCRIPTION  
Beautifully engraved certificate from the Vertientes - Camaguey Sugar Company of Cuba issued no later than 1962. This historic document was printed by the American Banknote Company and has an ornate border around it with a vignette of two allegorical men on both sides of a woman sitting on a throne. This item has the printed signatures of the company's officers and is over 56 years old. This is a famous sugar company that was nationalized when Castro took over in Cuba. The stock was still traded during the 1960's, after Castro nationalized the company, in hopes the shareholders would be repaid for their losses. The shareholders never recouped their losses.

The Company owned mills and lands which supplied cane and they were located in the central part of the Province of Camaguery, Cuba. Lands aggregated approximately 900,000 acres and included the mills known as the Centrals Agramonte and Vertientes. All of the mills owned by the company were managed by the General Sugar Company. Capacity of the mills were 1,700,000 bags per annum. The company also owned the railroads of the Central Santo Tomas. The company had general offices in Havana, Cuba and their executive offices were located in New York at 67 Wall Street.

Scripophily.com is a name you can TRUST!
Certificate Vignette


Beginning in 1926, sugar entered into a crisis of over-production in the whole world and Cuba started restricting its sugar crops. The crisis, and the high tariff of two cents per pound for sugar in the United States (1930) brought about a vertical decline in the island's sugar production. In 1933 production reached only 1,994,238 Spanish long tons. Cuba did not produce a 5 million ton crop until 1947, and in 1952 a production of 7,011,637 tons was recorded.

In 1959, Castro nationalized all US-owned companies and by establishing closer economic and political ties with the Soviet Union. Among the companies that were nationalized, was Compania Azucarera Vertientes-Camaguey de Cuba (C.A.V.), a Cuban corporation whose stock was mostly owned by U.S. residents .Washington began an economic blockade and cut off diplomatic relations in January, 1961. The US effort to topple the revolutionary government culminated in the 17 April 1961 Bay of Pigs invasion by 1,400 CIA-trained Cuban exiles. The invasion failed miserably. The following October the Cuban Missile Crisis brought the world to the brink of nuclear war. Moscow had installed 40 nuclear missiles on Cuban soil. The US threatened war unless the missiles were removed: in the end the Soviets backed down in exchange for a promise from President Kennedy not to invade.

Product #: comazvercamd

Normal Price: $19.95
Our Sales Price: $14.95
Color: 

(You Save: 25%)

Qty:
 

Scripophily.com and Old Company Research Press Releases

See Stock Certificate Expert Bob Kerstein, CEO Scripophily.com
discuss Stock Certificates in Bloomberg ,  the Associated Press ,
CNBC with Jane Wells discussing the Facebook IPO,
Inside Edition and the Today Show

Subscribe to our New Free RSS New Products Feed in a Reader

Subscribe to Our New Product Additions Feed by Email


We will always maintain our founding commitment to customer satisfaction and the delivery of an educational product with an enjoyable shopping experience.  Please let us know how we may be of service to you.



Scripophily has been
fully tested by
Norton Safe
Web


Bookmark and Share


Scripophily has been featured on CNN, CNBC, CBS, WSJ, Barrons, and many other fine publications
See Scripophily.com in the News at Scripophilynews.com


Note:
All Old Stock and Bond Certificates are actual authentic certificates and are sold only as collectibles. We do not sell reproductions and offer a lifetime guarantee to the authenticity of everything we sell.

All Rights Reserved. © 1996 - 2017

 
Scripophily.com is a name you can TRUST!
American Institute of
Certified Public Accountants

Scripophily.com is a name you can TRUST!
Virginia Society CPA's
Bob Kerstein, Member
Click to Verify Trust Certificate - Yahoo is a licensee of the TRUSTe´┐Ż Privacy Seal Program



  Scripophily.com is a name you can TRUST!
American Numismatic Association

Securities and Exchange
Commission Historical Society


Society of Paper Money Collectors
Member
Scripophily.com - Gift of History -  BBB Membership Seal
Better Business
 Bureau Member
Rated A+