. The Cuba review. THE CUBA RE\MEW. Vista en Isabela de Sagua, puerto de Sagua, en la provincia de Santa Clara. A scene at Isabela, the port of Sagua, Santa Clara Province. New Tobacco Combination It was learned November 15th, says the A^ew York Journal of Commerce, that ne- gotiations looking to the formation of a tobacco combination to take over various concerns in Cuba are in progress. Among those interested in the project are R. R. Covin of the banking firm of H. B. Hollins & Co. and a director of the Havana To- bacco Co., William H. Butler-and George P. Butler. The legal end of the de
. The Cuba review. THE CUBA RE\MEW. Vista en Isabela de Sagua, puerto de Sagua, en la provincia de Santa Clara. A scene at Isabela, the port of Sagua, Santa Clara Province. New Tobacco Combination It was learned November 15th, says the A^ew York Journal of Commerce, that ne- gotiations looking to the formation of a tobacco combination to take over various concerns in Cuba are in progress. Among those interested in the project are R. R. Covin of the banking firm of H. B. Hollins & Co. and a director of the Havana To- bacco Co., William H. Butler-and George P. Butler. The legal end of the deal is being handled by Krauthoft', Harman and Mathewson. Questioned in regard to the proposed plans, Mr. Covin said: "I am not prepared to say anything at this juncture. The corporation which is in process of forma- tion will not be antagonistic to the Amer- ican Tobacco Co. It will be an independ- ent concern. If the present negotiations are carried out successfully, the company will start with a large ; The name of the new concern is the Compania Nacional de Tabacco, Habano, which filed articles under the laws of South Dakota November 15th, with a capital stock of $15,000,000 consisting of $10,0000,- 000 common and 5,000,000 7 per cent non- cumulative preferred. The incorporators are: Rafael R. Covin, William H. Butler, George P. Butler, Benjamin S. Harmon, Clarence de Vere, Edward J. Patterson, L. L. Stephens. The new concern will make a feature of cigars and cigarettes. No More Disturbances Edmund G. Vaughan, president of the National Bank of Cuba, who has left for Cuba after a brief stay in New York City, takes an optimistic view of prospective conditions in the island. The sugar crop of last year representing a total value of approximately $120,000,000. which is one of the largest yields in the history of the island, Mr. Vaughan declared that the prices, realized for the crop, were satisfac- tory. "In view of the fact that the sugar planters have h
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