20 



TH E CUBA REVIEW 



FINANCIAL AND RAILROADS. 



Cuba Railroad. 



The report of the Cuba Railroad Co. 

 for the month of January and seven 

 months ended Jan. 31 compares as fol- 

 lows: 



1909 1908 



Jan gross $218,258 $183,793 



Expenses 114,884 116,757 



January net $103,373 $67,036 



Charges 33,086 31,954 



January surplus . . . $70,287 $35,082 

 Seven months' gross.. 1,065,868 1,053,125 

 Expenses 639,861 740,073 



Seven months' net.. $426,007 $313,052 

 Charges 227,359 205,926 



Seven months' surplus $198,648 $107,126 



The report of the Cuba Railroad for 

 the month of February and eight months 

 ended Feb. 28, compares as follows: 



1909. 1908. 



February gross $223,089 $222,086 



Expenses 108,134 119,828 



February nef $114,955 $102,258 



Charges ." 33,760 31,954 



February surplus .. $81,195 $70,304 

 Eight months' gross.. 1.288.957 1,275,212 

 Expenses 747,995 859,901 



Eight months net .. $540,962 $415,311 

 Charges 261,119 237,880 



Eight months surplus. $279,843 $177,430 



Plans of Sir William Van Home. 



The president of the Cuba Company, 

 Sir William Van Home, at a luncheon 

 tendered him at Camaguey on March 24 

 by Mayor Fernandez and Congressman 

 Vilardel, announced his purpose of na- 

 tionalizing his company and of changing 

 its present foreign officials for Cubans, 

 says the Havana Post. After highly com- 

 plimenting the honesty and ability of 

 Cubans he announced his intention of 

 building a home in Camaguey, where 

 he expects to spend his leisure time. Sir 

 William has been made an adopted son 

 of the City of Camaguey. 



Spanish Bank Officers. 



At the annual meeting of the Spanish 

 Bank, held recently at its offices in 

 Havana, the following officers and di- 

 rectors were elected: President, Mr. 

 Jose Marimon y Juliach; counsellors, 

 Mr. Florentine Menendez y Menendez, 

 Mr. Jose Gomez y Gomez, Mr. Francisco 



Palacio Ordonez, Mr. Jose Roig y Roig, 

 Mr. Antero Prieto y Gonzalez; substi- 

 tutes, Mr. Jose Garcia Moran, Mr. Hi- 

 ginio Leal Farra. 



National Bank of Cuba. 



General balance sheet, December 31, 

 1908, in United States currency: 

 ASSETS. 



Cash in vaults $4,934,054.74 



Due from banks and 



bankers 1,010,449.75 $5,944'504-49 



Bonds and Stocks: 



Government bonds. $3, 133, 788. 54 

 City of Havana bonds 930,972.73 



Other bonds and 



stocks 411,701.53 4,476,462.80 



Loans, discounts, time 



bills, etc 10,862,632.90 



Furniture and fixtures 94.3o6.5S 



Bank buildings and 



real estate 660,790.27 



Sundry accounts .... 20,832.08 



Total $22,059,519.09 



LIABILITIES. 



Capital $5,000,000.00 



Surplus 800,000.00 



*Undivided profits... 282,789.99 $6,082,789.99 



Due to banks and 



bankers i ,660,000 . 06 



Deposits $14,316,729.04 



Total $22,059,519-09 



* Deduct $200,000 — 4 per cent, semi-annual 

 dividend, payable Jan. 2, 1909. 



Earnings of the United Railways. 



The United Railways of Havana gross 

 earnings in the week ending March 14 

 were £38,647, as against £34,351 in the 

 corresponding week in 1908, an increase 

 of £4,296. 



In the week ending March 21 the 

 earnings were £36,719, against £33,036 

 in the corresponding week of 1908, an 

 increase of £3,683. 



The total revenue during the 37 weeks 

 and four days of the present economic 

 year amounts to £743,734, against £698,- 

 425 during the same neriod of 1908, an 

 increase of £45,309. Receipts quoted in- 

 clude those from the Marianao Railway, 

 but not those from the Regla Ware- 

 houses. 



Earnings of Cuban Railways. 



Cuban Central: 1909. 1908. 



Week ending Mar. 20. £16,590 £14.074 

 Week ending Mar. 27. 17,303 13,800 

 Total receipts thus far 



this year to Mar. 27. 301,762 261,619 



Western Railways of Havana: 



1909. 1908. 



Week ending Mar .20.. £4,628 £5,708 



Week ending Mar. 27.. 4,810 5,190 

 Total receipts this year 



to Mar. 27 212,894 200.937 



