20 



THE CUBA REVI EW 



THE TREASURY OF CUBA. 



Official Report of the 



ASSETS. 



General Treasury. 

 Cash on hand. .. .$437,722. 

 Deposited with the 



Banco Nacional 



(cash) 129,464 



Deposited with the 



Roj'al Bank of 



Canada (cash) . 280,000 



21 



98 



00 



847,187.19 



Collections: 



Cash on hand 



Public Taxes: 



Balance against this ac 



Secretary of the Treasury, Showing Condition on 

 June 30, 1909. 



LIABILITIES. 



Advance orders in transit.. $492,415.22 



Postal money orders 384,091.83 



Debts pending 18,556,36 



Honorary consuls 1,197.50 



Taxes on the loans 942,646.35 



On deposit for the loan 1st 



50% 280,169.92 



Balance due to the Army of 



Liberation, 2d half 363,462.32 



Epidemic diseases 32,410.52 



Individual contracts 67,411.57 



Special Laws of 1906 1,457,786.74 



Special Laws of 1909 ..... 1,046,018.73 

 Decree of the Provisional 



Governor 3,528,055.26 



Maintenance of detained im- 

 migrants 762.00 



Sewering and paving of the 



City of Havana 1,352,799.24 



$9,967,783.56 $9,967,783.56 



Marcelino Diaz de Villegas, 



Secretary of the Treasury. 



.. $119,832.86 

 c't 9,000,763.51 



Cuba Railroad Receipts. 



The Cuba Railroad Co. report for 11 

 months ended May 31, 1909, is as fol- 

 lows: 



Gross earnings $1,960,461 



Operating expenses 1,102,019 



Net operating income $858,442 



Interest on bonds 364,517 



The National Bank of Cuba. 



The annual report of the National 

 Bank of Cuba to June 30, 1909, is as 

 follows, United States currency: 



ASSETS. 



Cash in vaults $5,059,819.16 



Due from banks and 



bankers 1,545,421.12 



Remittances in transit.. 1,051,344.21 



Net income $493,925 



Surplus, June 30, 1908 1,093,287 



Surplus, May 31, 1909 $1,587,212 



Havana Electric Dividend. 



The Havana Electric Railway Co. an- 

 nounces a dividend of one dollar and 

 fifty cents on each share of preferred 

 stock of this Company, to be paid on 

 August 14, 1909, to stockholders of rec- 

 ord at the close of business July 24, 1909. 

 The preferred stock transfer books will 

 be closed from July 26 to August 14, 

 1909, both inclusive. 



-$7,656,584.49 



Bonds and Stocks: 



Government bonds $3,5i3>778.69 



City of Havana bonds.. 884,219.91 

 Otlier bonds and stocks 398,686.53 



Loans, discounts, time 

 bills, etc 



Bank buildings and real 

 estate 



Furniture and fixtures.. 



Sundry accounts 



Securities on deposit... 



4,796,685.13 



9.457.423.20 



726,006.05 



101,688.12 



44,895.80 



1,206,321.30 



Western Railway Extension. 



The Railroad Commissioners dis- 

 cussed on July 16 a project of the West- 

 ern Railway of Havana to extend its 

 lines to Remates in Pinar del Rio, pass- 

 ing through Grifa and Las Martinas. 

 The line at present ends at Sabalo. The 

 distance to Remates is 130 kilometers and 

 the cost is estimated at $6,000 per kilo- 

 meter. 



Total $23,989,604.09 



LIABILITIES. 



Capital $5,000,000.00 



Reserve 800,000.00 



Undivided profits 323,621.72 



Due to banks & bankers 

 Deposits 



Deposits (securities) . . . 



$6,123,621.72 



474,982.50 



16,184,678.57 



1,206,321.30 



Total $23,989,604.09 



.\ttentlon is called to the following: 



Deposits December 31, 1908 $14,316,729.04 



Deposits June 30, 1909 16,184,678.57 



Increase in six months $1,867,949.53 



