22 



THE CUBA REVIEW 



CUBAN FINANCIAL MATTERS 



EARNINGS OF THE CUBAN CENTRAL RAILWAYS 



Weekly Receipts: 

 Week ending February 8th. . 

 Week i tiding February 15th 

 Week ending February 22nd 



tiding March 1st 



Week ending March 8th 



Week ending March 15th 



tiding March 22nd. . . 

 Week ending March 29th. . . . 



1919 

 £35,042 

 37,011 



37,417 

 36,549 

 31,610 

 13,233 



39,749 

 42,034 



1918 

 £33,617 

 38,172 

 37,796 



38,733 

 11,451 

 36,218 



38,202 

 34,448 



1917 

 £30,006 



28,805 

 28,958 



30,671 

 34,639 



30,928 

 31,305 



1916 

 £25,080 

 26,959 

 26,992 

 27,369 

 26,658 

 26,365 

 28,415 

 29,171 



1915 

 £19,847 

 21,077 



2 ! 



23,412 

 23,343 

 20,791 



19,248 



1914 

 £18,380 

 20,108 

 19,557 



20,818 

 21 ,11 1 

 22,013 

 21,721 

 21,588 



EARNINGS OF THE HAVANA ELECTRIC RAILWAY LIGHT AND POWER COMPANY 



January: 



Gross earnings 



Operating expenses. . . 



Net earnings 



Miscellaneous income . 



Total net income 



Surplus after deducting fixed charges. 



1919 

 $726,357 



378,319 



348,038 



9,011 



$357,049 

 208,647 



1918 



$645,010 



282,302 



362,708 



8,847 



$371,555 

 238,954 



1917 



$547,487 



229,965 



317,522 



6,368 



$323,890 

 192,012 



THE PREVAILING PRICES FOR CUBAN SECURITIES 



As quoted by Lawrence Turnure & Co., New York. 



Bid 



Republic of Cuba Interior Loan 5% Bonds 86 



Republic of Cuba Exterior Loan 5% Bonds of 1944 96 



Republic of Cuba Exterior Loan 5% Bonds of 1949 92 



Republic of Cuba Exterior Loan 4%% Bonds of 1949 82 



Havana City First Mortgage 6% Bonds 100 



Havana City Second Mortgage 6% Bonds 100 



Cuba Railroad Preferred Stock 70 



Cuba Railroad Co. 1st Mtge. 5% Bonds of 1952 80 



Cuba Company 67c Debenture Bonds 89 



Cuba Co. 7% Cumulative Preferred Stock 87 



Havana Electric R'wy, Light & Power Co., Preferred Stock 



Havana Electric R'way Co., Consolidated Mtge. 5% Bonds 87 



Havana Electric R'way, Light & Power Co., Common Stock 



Matanzas Market Place 8% Bond Participation Certificates 100 



Cuban-American Sugar Co., Preferred Stock 103 



Cuban-American Sugar Co., Common Stock 170 



Guantanamo Sugar Company Stock 57 



Santiago Electric Light & Traction Co., 1st Mtge. 67c Bonds 82 



1910 



$402,074 



186,285 



305,789 



9,794 



$315,583 

 200,192 



Asked 



89 



98 



94 



85 



105 



103 



80 



85 



100 



100 



90 



None 



106 



180 



60 



85 



NATIONAL BANK OF CUBA 



Resources of the Banco Nacional de 

 Cuba, head office at Obispo and Cuba 

 Streets, Havana, are now in excess of 

 $110,000,000. The general balance sheet 

 as of December 31st, 1918, shows the fol- 

 lowing financial condition: 



Assets, cash in vaults and due from 

 banks and bankers $29,968,708.70, loans 

 and discounts $59,832,867.59, securities 



$3,712,356.02, other assets $18,139,006.38. 

 Liabilities, capital, surplus and profits 

 $11,930,888.97, deposits $76,748,236.79, 

 other items $22,973,812.93. 



NATIONAL CITY BANK 



The National City Bank is planning to 

 open its seventh branch in Cuba at Cama- 

 guey. With the offices of the Interna- 

 tional Banking Company, this will make 

 forty-nine foreign branches. 



