THE CUBA R E V I E W 



21 



CUBAN FINANCIAL MATTERS 



THE PREVAILING PRICES FOR CUBAN SECURITIES 



As quotc'i 1)1/ Lawrence Turnure & Cu., \ew York. 



Bid Asked 



Republic of Cuba Interior Loan 5% Bonds 93^ 953^ 



Republic of Cuba Exterior Loan 5% Bonds of 1944 99 J^ 99^ 



Republic of Cuba ]<'xterior Loan 5% Bonds of 1949 951^ 963^ 



Republic of Cuba Exterior Loan 4}4% Bonds of 1949 803^ 88 



Havana City First Mortgage 6% Bonds 101 105 



Havana City Second Mortgage 6% Bonds 100 104 



Cuba Railroad Co. Preferred Stock none 85 



Cuba Railroad Co. First Mortgage 5% Bonds of 1952 none 85 



Cuba Company 6% Debenture Bonds 84 83 



Cuba Co. 7% Cumulative Preferred Stock 83 87 



Havana Electric Railway Co. Consolidated Mortgage 5% Bonds 93 J-^ 95 



Havana Electric Railway, Light & Power Co., Preferred Stock 101 106 



Havana Electric Railway, Light & Power Co., Common Stock 97 102 



Matanzas Market Place 8% Bond Participation Certificates 100 none 



Cuban-American Sugar Co. Preferred Stock 100 105 



Cuban- American Sugar Co. Common Stock 170 185 



Cuban-American Sugar Co. Collateral Trust 6% Bonds 100 1003^ 



Guantanamo Sugar Company Stock 56 53 



Santiago Electric Light and Traction Co. 1st ]Mtge. 6% Bond? 90 95 



CUBAN CENTRAL RAILROAD 



A subsidy of sixty thoasand dollars for the 

 Cuban Central Railroad Co., Ltd., is proposed 

 in order to construct a branch line joining the 

 town of Calabazar de Sagua with .Mata and 

 Encrucijada. The town of Calabazar de 

 Sagua and its siu"roundings are rich in soil 

 and important in business. It has no high- 

 ways to connect with neighboring towns, and 

 all its commerce depends on the branch line 

 from Sagua to Caibarien. 



THE CUBAN-AMERICAN SUGAR CO. 



A quarterly dividend of two and ona-half 

 per cent. (214%) was declared Aug. 15 on the 

 outstanding common capital stock; also an 

 extra dividend of 10 par cant. (10%) on the 

 outstanding common capital stock of the 

 company; also a quarterly dividend of one 

 and three-quarters par cent. {!%%) was 

 dsclared on the outstanding preferred capital 

 stock payable October 1, 1917, to stockholders 

 of record Septembsr 12, 1917. 



EARNINGS OF THE SANTIAGO ELECTRIC LIGHT AND TRACTION CO. 



FOR JULY, 1917 



Gross earnings 



Working expenses 



Gross profit 



Taxes, interest accrued on bonds and unpaid debts 



Xet profit 



Dividend on real estate shares 



Surplus $10,914.16 $5,471.29 



