Business & Finance: Banana Road

To carry its 50,000,000 bunches of bananas yearly from plantations to the sea, United Fruit Co. owns nearly 1,160 miles of railroad in Jamaica, Colombia, Costa Rica, Panama, Honduras and Guatemala. In Guatemala, where the Fruit Co. has more than 3,000 men working on 16,000 acres of bananas, it owns 137 miles of track. The principal Guatemalan banana road, however, is International Railways of Central America, which operates some 800 miles of track from the Pacific to the Caribbean with a branch down through Salvador on the West coast. Last week a deal...

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