22 



THE CUBA REVIEW 



Balance Sheet 



Real estate and plants $40,S44,m.o(i 



Investments, general 2H, 41. '),(;,"):? '4U 



Investments, insurance fund S, 1)1)0, ()()(). (10 



Investments, pension fund 798,i).')."i.30 



Merchandise and supplies 17,71.3,730.82 



Prepaid accounts 28(i,000.,s;-! 



Loans 1,789,000,00 



Accounts receivable 3, Oil, 702. S4 



Accrued income 537,()()S S.'j 



Cash 17,587,854.81 



.5122,984,785.88 



Liabilities: 



Capital stock .1)0,000,000. 00 



Sundry reserves 10,321,377 2.i 



Accounts and loans payable 2,s3,s,4(i(),('>l 



Dividends declared and outstanding. . l,5'.).'i,.")17.00 



Surplus 18,229,425.02 



$122,984,785.88 



$4.S,477,03,s.20 

 20,'.)r),s,070.i:i 



,S, 000. 001), 00 



SOO.OOD.OO 



15,431,099.02 



2.")4,S(;4.S1 



5,137,275.00 



4.350, lli7.r,l 



ISO, 123.55 



19,110,779.10 



S4S,7fi3,5ti0.47 



22,577,772,00 



■S, 000, 000, 00 



1,000,000,00 



16,963,384.52 



252,834.04 



3,803,274 90 



l.(io7,:'.',i,s ro 



ir,,s,si I i;7 



15,024,800.32 



847 



4(i,442,.S9 



23,972.0:^0 34 



9.000,000,00 



1,2.50,000,00 



18, 054, 839,97 



1,527,043.32 



1,222,193.00 



3,833,259.72 



.555,907.03 



22,717,453.53 



123,009,417.48 $122,061,875.01 $129,979,775.80 



$90,000,000.00 $40,000,000,00 



10,488,801.57 10,137,705.02 



:;.89I,S95,45 .3.999. ir,L>, 02 



1.59 1,920,(10 1.595.904,25 



17,030,794.40 10,328,.S02.22 



$■40,000,000.00 



13,475,207,87 

 0,555. 903. 24 

 1,. 599, 833. 00 



18,348,711.09 



!23,009,417.48 $122,031,875.01 $129,979,775.80 



CUBAN COMMERCIAL MATTERS 



• MARKET FOR AUGER BITS IN CUBA 



The woodworking ini^liistry of Giiba is 

 not developed to an important degree, 

 although there are in the larger centers a 

 considerable number of carpenter shops, 

 small furniture repair and manufacturing 

 shops, and wagon and carriage builders. In 

 the municipality of Habana there are 16 

 lumberyards that operate woodworking shops, 

 more than 100 small carpenter shops, 17 

 carriage and wagon construction and repair 

 shops, 2 fairly large cabinetmaking and 

 furniture manufacturing plants, and 18 or 

 20 small cabinetmaking shops. 



Auger-BUs for Working Hardwood. 



There seems to be little doubt that an auger 

 bit for working extremely hard woods would 

 meet with approval here, if properly demon- 

 strated to dealers and users by well-qualified 

 Spanish-speaking salesmen who would per- 

 sonally canvass the trade. A salesman repre- 

 senting a general line of woodworking 

 machinery, carpenters' tools or general hard- 

 ware could carry samples of the auger bits 

 referred to and demonstrate the practical 

 application of the tool to the trade here. 

 Such an effort would [probably meet with fair 

 success. 



If, however, the manufacturers of these 

 auger bits are not prepared to assume a sales 

 campaign such as that indicated, it is possible 

 that a resident manufacturer's agent in 

 Habana would undertake to introduce and 

 sell these tools. Some headway might also be 



made through correspondence and advertising 

 matter in the Spanish language sent to prom- 

 inent importers of hardware in the trade 

 centers of this country. 



Terms of credit with well established 

 hardware merchants in Habana are usually 

 arranged without difficulty, especially on 

 merchandise that is subject to a good demand. 

 — Consul Henry M . Wolcolt, Habana. 



CUBA'S FRUIT TRADE 



Among the fruits grown in Cuba are the 

 banana, pineapple, orange, lime, grape-fruit, 

 avocado (aguacate) anon (custard apple), fig, 

 guava, mamey and sapote. 



Exports — ^During the five years 1909-1913, 

 was exported from Cuba an annual aver- 

 age of 69,063,000 pounds of ]>inea])i)les, 

 valued at $1,189,000; 82,223,000 pounds of 

 bananas, valued at .$771,000; 6,195,000 

 pounds of oranges, valued at $116,000; and 

 84,223 pounds of limes valued at $1,521.00. 

 Practically all of these fruits were shi])j)ed 

 to the United States. 



Imports — The principal fruits and fruit 

 products imported into Cuba during the 

 five year period 1909-1913 and their average 

 annual value, were: dried apples, $5,740.00, 

 fresh apples, $59,000.00; canned fruit, $73,- 

 000.00; grapes, $39,000.00; prunes, $15,- 

 300.00; raisins, $27,300.00; olive oil, 

 000.00; and wines, $1,574,000. 



HAMMOND IRON WORKS 



The Hammond Iron Works of Warren, Pa., 

 announce that their Havana representatives 

 in the future will be Messrs Ellis Bros., 28 

 San Ignacio, Havana. 



