THE CUBA REVIEW 



13 



COMMERCIAL NOTES 



PITCH PINE MARKET CONDITIONS 



Exports of pine from all Gulf Ports to 

 Cuba for 1910, 1911 and 1912 were: 



Lumber superficial feet 



1912 1911 1910 



107,607,030 115,252,529 127,600,610 



The outlook for Cuba is more favorable 

 than in some time. Last year's shipment 

 to that island was about eight million feet 

 less than in 1911, and twenty million feet 

 less than in 1910. 



Cuba shows especial encouragement, new 

 inquiries being frequent and the order files 

 increasing. This should be the best spring 

 since 1910 for the Cuban trade. Cuban 

 shipments for January was well above the 

 average and chiefly made up of schooner 

 cargoes. — Gulf Coast Record. 



TAMPICO EXPORTS TO CUBA 



The volume of the total export trade 

 that passed through the port of Tampico, 

 in Mexico, amounted in the fiscal year of 

 1910-11 to $46,072,869. The amount taken 

 by Cuba in this period was $29,034. 



RULING ON CUBAN PRODUCTS 



There will be no reduction permitted in 

 that part of the duties on goods from Cuba 

 caused by undervaluation, according to a 

 ruling of the United States Treasury De- 

 partment, announced January 9th. last. This 

 ruling was made known in a letter to the 

 Auditor of the Department from Assistant 

 Secretary Curhs, which reads : 



"The Department is in receipt of your 

 memorandum of November 12 last, inviting 

 attention to the failure of the Collector of 

 Customs at San Juan, Porto Rico, to make 

 a reduction of 20 per cent of the additional 

 duty accruing under sub-section 7 of section 

 28 of the Tarifif Act of August 5, 1909, on 

 products of Cuba. 



"Section 2 of the reciprocity treaty be- 

 tween the United States and Cuba, pro- 

 claimed by the President on December 17. 

 1903, provides that the products of the soil 

 and industry of Cuba shall be admitted at 

 the reduction of 20 per cent of the rate of 

 duty thereon. 



"There is no specific provision as to the 

 additional duties imposed for undervalua- 

 tion, but the Dci)artment is of the opinion 

 that the reduction should lie applied only to 

 the regular duties and that the additional 

 duties accruing for undervaluation under 

 said sub-section 7 are not subject to the 

 allowance of 20 pcrcentum." 



NEW CABLE LETTER RATES 



Overnight cable letter service between 

 New York and Cuba at five cents a word 

 has been announced by the Western Union 

 Telegraph Company, and went into effect 

 March 1. This new service at reduced 

 rates will tend, without doubt, to promote 

 closer business relations between Cuba and 

 the U^nited States and save several days 

 in correspondence. 



A similar arrangement between the 

 United States and England a year ago led 

 to a large increase in trans-Atlantic cabled 

 letter correspondence. 



The rate for this service between Havana 

 and Xew York will be $1.00 per 20 words, 

 or 5 cents per word, instead of 15 cents, the 

 cost of the regular service. Rates to other 

 points and Canada will be from 25 cents 

 to $1.00 more than the rate to New York. 

 The message must be written in plain Eng- 

 lish or Spanish, no code words being al- 

 lowed. The company agrees to deliver the 

 letters within 24 hours after they are filed. 



SEVEN MONTHS TRADE FIGURES 



The following figures show the value of 

 merchandise imported into Cuba and ex- 

 ported from that country into the United 

 States for the seven months ending Janu- 

 ary 31st. 



These figures have been supplied by the 

 Statistical Division of the Bureau of For- 

 eign and Domestic Commerce, Department 

 of Commerce and Labor. 



1913 1912 



Imports from Cuba. $62,941,222 $42,437,006 

 Exports to Cuba... 41,939,782 37.325.973 



CUBA S TRADE IN COLORS 



During 1911 Cuba imported colors, dyes 

 and varnishes to the value of $726,000, of 

 which $435,548 was from the United States 

 and $204,590 from the United Kingdom. 



CUBAN TOBACCO PURCHASES OF 

 ' OTHER COUNTRIES 



1912 1911 



Germany (bales) 80,401 11,145 



Canada (bales) 18,078 10,9.56 



Argentine (bales) 13,865 5,545 



Spain (bales) 7,327 2.624 



Chili (bales) 1,478 



h'rance (bales) 1,111 



Great P.ritain (bales) 7.30 



Netherlands (bales 395 



Belgium (bales) 423 



United States (bales) ... .271,404 268,820 



