Cuban Investments 24 



HOW TO PURCHASE BANCO 

 TERRITORIAL BONDS 



The "Banco Territorial de Cuba" realizing 

 the vast funds available for investment in the 

 United States, and having what may reasonably 

 be considered a large quantity of gilt edge securi- 

 ties available, sought a medium through which 

 to place these bonds in the hands of investors 

 of large or small amounts in the United States. 



Prior to the European War, France was the 

 main market for these securities and some four 

 millions of dollars were invested in them by 

 French capital. Owing to conditions brought 

 about by the war, naturally the demand for 

 securities ceased and a new outlet had to be found 

 that would continue to bring money into the 

 Island for development purposes through the 

 sale of these bonds. 



In May, 1916, negotiations were begun between 

 the** Banco Territorial de Cuba "and the Bankers* 

 Loan & Securities Company of New Orleans, 

 Louisiana, with the result that the Bankers' 

 Loan & Securities Company was created fiscal 

 agent for the United States for the sale of these 

 securities. 



Several weeks of investigation of conditions 

 were made on the ground and every detail of the 

 situation gone into, with the result that the Bank- 

 ers* Loan & Securities Company now offers to 

 the American investor these Banco Territorial 

 bonds. 



In presenting these bonds, the Bankers* Loan 

 & Securities Company realized that it would be 

 necessary, owing to the fact that the Republic of 

 Cuba is somewhat removed from our own Domain, 



