THE CUBA REVIEW 



25 



RAILROAD NOTES 



SEA FERRY TO HAVANA 



The Florida East Coast Railroad an- 

 nounces that it will establish a car-ferry 

 service between Key West and Havana so 

 that railroad cars will go through, directly, 

 between the Cuban city and northern 

 points. At present the cars stop at Key 

 West. For the new service, two seagoing 

 ferry boats of 411-foot length and 60-foot 

 beam will be constructed. The cars will be 

 transported between Havana and Key West 

 on these boats. The service will be the first 

 sea ferry in the world, the railroad officials 

 declare. 



SUGAR CARRYING ROADS PROSPER 



The passage of the American tariff bill 

 through the Senate, putting sugar on the 

 free list, should be an important factor for 

 Cuba, and ought to stimulate trade in that 

 island, especially as another large sugar 

 crop is promised. United Havanas and 

 Cuban Centrals have both advanced in con- 

 sequence ; an increase from 4 to 5 per cent 

 is expected on the former, while the figures 

 of the latter tend to show that 4 per cent 

 may be paid, as against 2 per cent a year 

 ago. — Loudon JP'orld. 



TIME EXTENSION GRANTED 



The Puerto Principe and Xuevitas Rail- 

 road has been granted by presidential de- 

 cree an extension of six months to begin 

 the work of building a pier and warehouse 

 on the inlet of Mayanabo ne.xt to the port 

 of Xuevitas. 



SANTIAGO AND HAVANA SERVICE 



The through line from Havana to San- 

 tiago will now be via Marti and Bayamo 

 instead of by way of Alto Cedro. The new 

 route shortens the journey materially. 



ROADS TO BE ELECTRIFIED 



A plan to electrify all the passenger lines 

 leaving Havana to Rincon, which is the 

 distributing point of both the United Rail- 

 ways and the Western Railway, will be put 

 into operation as soon as possible. 



The Havana Terminal Company has al- 

 ready placed orders for several new stor- 

 age battery cars which will be used in 

 establishing lines connecting with Arte- 

 misa, Guira de Melena, Bejucal, San An- 

 tonio de los Banos and other places in 

 Havana Province. 



RAILROAD TRACK ADVANCING 



On August 23rd, the Atlantic Fruit Com- 

 pany had built about six miles of the rail- 

 road which will connect Sagua with Cayo 

 Mambi. The road will be finished by 

 October. 



ELECTRIC CARS FOR CIENFUEGOS 



Toward the latter part of last month, 

 electric cars to the station of the United 

 Railways in Cienfuegos were in public ser- 

 vice. There are transfer privileges to cars 

 circulating in other parts of the city. 



Financial Notes 



CUBAN TELEPHONE CO. EARNINGS 



The earnings and increase in the number 

 of subscribers during the month of August 

 compares as follows : 



1913 1912 



Earnings $80,947.04 $.57,732.04 



Subscribers U,r>52 10,082 



Work on the installation of a station at 

 Placetas del Xorte is well under way. Tele- 

 phone connoctiftn I)etween Havana and 

 Santiago and between Santiago and Cama- 

 guey and other cities in the province is 

 now established. The rate between San- 

 tiago and Havana is 3.00 for the first three 

 minutes and I.-'jO for every two minutes 

 additional. 



The aggregate gross income of this com- 

 pany for the first eight months is $011, 40k. 



SPEYERS MAY NOT HANDLE LOAN 



Xotwithstanding the fact that Speyer 

 Brothers of Xew York have under a Gomez 

 decree the refusal on future loans by Cuba, 

 it is learned that President Menocal asserts 

 that President Gomez had no authority to 

 issue such a decree, and he purposes to 

 give the loan to the bankers offering the 

 most favorable terms. 



EARNINGS OF THE SANTIAGO ELECTRIC 

 LIGHT AND TRACTION CO. 



1913 1912 



September gross $3S,08.'» $30,122 



Sci)tcmber net 10,945 10,335 



I'irst 9 months gross... 340,535 299,763 



l'"irst 9 months net l.'.3,()42 125,451 



