THE CUBA REVIEW 



19 



CUBAN COMMERCIAL MATTERS 



needed fur fuel, medicines, ])haiinaceuticul 

 and other really essential purposes, and that 

 its use for the manufacture of beverages, jjcr- 

 fumes and other non-essentials would not 

 be favored. 



It is believed licre that this statement, 

 sii])plementin<!: the arguments presented in 

 the press, will result in the removal of any 

 doubt which may have existed as to the course 

 to be taken by the Cuban Government in 

 the matter, especially as President Menocal 

 is kno\t'n to be oi)i)osed to any action which 

 woultl interfere with the effective prosecution 

 of the war in which Cuba is a co-belligerent 

 with the United States.— Fads Abo i/i Sugar. 



CUBA'S EXPORTS OF TOBACCO DURING MAY 



Exjjorts of leaf and manufactured tobacco 

 from Cuba in the month of May exceeded 

 two and a half million dollars, the latter 

 half of the month showing a marked increase. 



The exports consisted of 20,049 bales of to- 

 bacco, valued at $1,617,899; cigars, 10,401,397, 

 worth $868,658; cigarettes, 833,638 packages, 

 worth $37,099; and 16,061 kilograms of 

 smoking tobacco, worth $18,362. 



The greater part of the tobacco exjjorted 

 during May was sent to the United States 

 and England, the former country taking 

 2,804,437 cigars and the latter 1,170,820, 

 the greater i)art in both cases being for the 

 troops in the field. 



DISTRIBUTION OF FLOUR 



Sr. Armando Andre, Director of Subsistence, 

 will a])point agents to administer the dis- 

 tribution of flour arriving from the U. S. War 

 Trade Board at the ports of Cicnfuegos, 

 Caibarien and Santiago de Cuba. 



TONCA BEANS 



There were 752,607 povmds of tonca beans, 

 valued at $427,055, invoiced at the American 

 consulate at Trinidad, Cuba, for the United 

 States during 1917, compared with 107,263 

 pounds valued at $122,628, for 1916. 



NEW BANKING CONCERN 



A new banking concern, under the name of 

 "Banco Prestatario de Cuba" (Pledge Bank 

 of Cuba) with a capital of $500,000 will begin 

 operations in Habana. Loans are to be made 

 at the rate of 8 per cent, interest annually. 

 The institution will have a number of de- 

 partments and will make loans on jewelry, 

 other valuable chattels, notes indorsed by 

 solvent persons, mortgages, rents and salaries 

 of public employes. 



NEW ORGANIZATION 



A company has been organized in Havana 

 with a capital of $50,000, to manufacture 

 mirror and window glass. Arrangements 

 have been made to commence operations 

 at an early date. 



Ports 



Habana 



Matanzas 



Cardenas 



Sagua la Grande. . . 



Caibarien 



Nuevitas 



Puerto Padre 



Gibara 



Banes 



Nipe 



Baracoa 



Guantanamo 



Santiago de Cuba. . . 



Manzanillo 



Santa Cruz del Sur. 



Jucaro 



Tunas de Zaza 



Trinidad 



Cienfuegos 



Batabano 



Nueva Gerona 



Los Indies 



Mariel 



Total 



43,507 



25,911 



32,795 



55,121 



57,097 214,431 



