Word: cuyamel
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Dates: during 1920-1929
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...Cuyamel. Last week, also Central Americans heard that United Fruit Co. already the most important single factor in their trade, might become an even greater, more potent unit. From New Orleans, chief banana port, came rumors that U. F. C. had bought the Cuyamel Fruit Co., second in the field, operating eleven ships, large landowners in Honduras and Nicaragua. Combined assets of the two companies would exceed $250,000,000. Independent still would be the Standard Fruit and Steamship Corp., founded and largely owned by the Brothers Vaccaro of New Orleans...
...awnings in vain. Importation into New York by one large company is only about half of normal, while prices on a bunch are down from an average of $4.50 to $3.00. The perplexities of the banana dealers have recently attracted the attention of high finance through the decline of Cuyamel Fruit Co. stock on the ticker tape, amounting to almost 20 points. In addition to the weather, this and other fruit companies have a never-ceasing problem with Central American revolutions. Cuyamel owns over 53,000 acres in Honduras, of which 12,000 are under cultivation for bananas. These properties...