28 



THE CUBA R E V I E W 



CUBAN FINANCIAL MATTERS 



BRANCHES OF NATIONAL BANKS IN 

 CUBA 

 There is given below a list of branch 

 banks and of branch offices established in 

 Cuba by national banks and banks doing 

 business under agreement with the Fed- 

 eral Reserve Board, which were open for 

 business on September 1, as reported by 

 these institutions to the Bureau of For- 

 eign and Domestic Commerce. 



NATIONAL BANKS 



National City Bank, 55 Wall Street. 

 New York City : 

 Artemisa. 

 Bayamo. 

 Caibarien. 

 Camaguey. 

 Cardenas. 

 Ciego de Avila. 

 Cienfuegos. 

 Cruces. 



Cuatro Caminos, Havana. 

 Galiano, Havana. 

 Guantanamo, Havana. 

 Havana. 

 Manzanillo. 

 Matanzas. 

 Pinar del Rio. 

 Placetas. 

 Remedios. 

 Sagua la Grande. 

 Sancti Spiritus. 

 Santa Clara. 

 Santiago. 

 Union de Reyes. 

 Yagaujay, 



BANKS DOING BUSINESS UNDER AGREEMENT 

 WITH FEDERAL RESERVE BOARD 



American Foreign Banking Corporation. 

 53 Broadway, New York City : 



Havana. 



Mercantile Bank of the Americas, 44 

 Pine Street, New York City: 



Affiliated institution — Banco Mercantil 

 Americano de Cuba, Havana. 



Bank of Cuba has also only recently es- 

 tablished a branch there, making in all 

 five regular banks that are at present 

 doing business at that place, as well as 

 another commercial Arm that also does 

 some banking business. 



Besides being an important railway 

 junction, Cruces is the center of an im- 

 portant farming and sugar district. The 

 population of the municipal district of 

 Cruces is about 11,500. The place is lo- 

 cated about twenty miles northeast of 

 Cienfuegos on the main line of the Cuban 

 Central Railway to Sagua la Grande and it 

 has a branch connection to Santa Clara 

 with the Cuban Railways to Santiago and 

 points on the eastern part of the Island. 

 The electric line of the Cienfuegos, 

 Palmyra & Cruces Electric Railway & 

 Power Co. has its roadbed completed from 

 Cienfuegos to Cruces, but it is as yet oper- 

 ated only to Palmyra. — Consul Frank 

 Bohr, Cienfuegos. 



NATIONAL BANK OF CUBA 

 The National Bank of Cuba, Havana, 

 has declared a regular semi-annual divi- 

 dend of 4 per cent., with an extra dividend 

 of 1 per cent. 



NEW BRANCH BANKS IN CRUCES 



The National City Bank of New York 



and the Royal Bank of Canada have just 



opened branch banks at Cruces, Cuba, and 



it is understood that the International 



SANTA CECILIA SUGAR CORPORATION 

 44 Whitehall Street, New York 



PREFERRED STOCK DIVIDEND NO. 4 



At a meeting of the Board of Directors 

 held Friday, June 27, 1019, a semi-annual 

 dividend of three and one-half per cent. 

 (3%%) on the preferred capital stock 

 was declared, payable August 1, 1919, to 

 all preferred stockholders of record on 

 July 25, 1919. 



COMMON STOCK DIVIDEND NO. 1 



A dividend of one and one-quarter per 

 cent. (1*4%) on the common sfock was 

 declared, payable November 1, 1919, to all 

 common stockholders of record on October 

 25. 1019. 



PREFERRED STOCK DIVIDEND NO. 5 



A quarterly dividend of one and three- 

 quarters per cent. (1%%) on the pre- 

 ferred capital stock was declared, payable 

 November 1, 1010, to all preferred stock- 

 holders of record on October 25, 1010. 



