^r 11 E CUBA R i>: V I E w 



21 



CUBAN FINANCIAL MATTERS 



EARNINGS OF THE HAVANA ELECTRIC RAILWAY LIGHT & POWER CO. 



Month of XovoNhrr. 1017 }-^}S\.^^ ^i^h^r, }?}^y<i<i 



Gross earnings §*i-i:i,^')3 §517,627 §48 1, 315 Mb 1, 788 



Operatinff expenses 284,492 94,101 78,828 194.895 



Net earnings 358,911 323,520 302,487 266,893 



Miscellaneous income 9,9(51- 16>676 32,704 3,240 



Total net income §368,872 §340,202 «335,191 §270,133 



Surplus after deducting fixed charges.... 260,732 206,385 227,442 lo7,864 



Gross earnings '" ^ "'' ' ' §6,315,811 §5,457,438 §5,053,635 §4,939,430 



Operating expenses.'. ■.'. 2,761,646 2,083,932 2,051,487 2,297,496 



Net earnings §3,564,165 $3,373,506 3,002,148 §2,641,934 



Miscellaneous income 128,320 127,620 124,705 96,606 



Total net income §3,692,485 §3,501,126 §3,126,853 §2,738,540 



Surplus after deducting fixed charges... 2,345,419 2,080,108 1,934,769 1,557,226 



EARNINGS OF THE UNITED RAILWAYS OF HAVANA 



Weekly Receipts: 1917 1916 1915 1914 1913 1912 



Week ending Nov. 24th.. £40,311 £35,160 £27,783 £21,244 £20,994 £21,543 



Week ending Dec. 1st... 42,062 33,889 27,045 22,206 23,081 23,195 



Week ending Dec. 8th... 45,237 35,152 29,401 23,059 26,553 25,918 



Week ending Dec. loth.. 49,904 36,177 32,973 24,889 32,150 29,629 



EARNINGS OF THE WESTERN RAILWAY OF HAVANA 



Weekly Recipts: 1917 1916 1915 1914 



Week ending Dec. 1st £6,919 £5,149 £4,886 £4,806 



Week ending Dec. 8th 7,661 4,690 4,842 5,030 



Week ending Dec. 15th 7,974 5,739 5,107 



Week ending Dec. 22nd 8,223 3,582 4,857 4,567 



1913 



£5,033 



5,140 



" '4,926 



CAPITALIZATION OF JAPANESE SUGAR 

 COMPANIES 



Figures showing the amounts invested in 

 12 sugar companies in Japan and the quota- 

 tions for the shares on the stock exchange have 

 been given by the Japan Times. The paid-up 

 capital of the 12 firms was estimated at 88,- 

 657,500 yen, and the market value, according 

 to the prices on the stock exchange on 

 November 26, the Times states, was 201,903,- 

 000 yen. Besides these, there are the Tane- 

 gashima Sugar Manufacturing Co. and two 

 or three other smaller mills, and if these are 

 included the total will come up to about 

 235,000,000 yen (§117,147,500). 



The debentures of the firms amount to 

 something like 6,430,000 yen (§3,205,355), 

 in addition to loans of about 21,000,000 yen 

 (§10,468,500), making a total of about 28,- 

 000,000 yen (§13,968,000). 



The following figiu-es show the paid-up 

 capital and the market value of the shares 

 of each of the firms : 



Paid-up Market 



Firms: Capital. Value. 



Dai Nippon §6,729,750 §14,307,080 



Taiwan 10 387,247 25,475,344 



Meiji 4,459,112 11,816,444 



Ensuiko 4,769,90o 10,655,437 



Toyo 4,847,912 14,070,192 



Niitaka 2,492,500 12,961,000 



Teikoku 3,738,750 9,207,325 



Chutai 1,869,375 2 123,610 



Tainan 2,173,460 3,773 645 



Taito 872^375 924,717 



South Manchuria.. 1,246,250 1,495,500 



Chosen 623,125 548,350 



Total $44,209,762 $107,358,644 



— Consul General Geo. H . Scidmore,Y okohama. 



TRADE PUBLICATIONS 



The Walter A. Zehiicker Supply Co., of St. 

 Louis, Mo., has issued Bulletin No. 230> 

 which is free to the trade. 



