14 THECUBAREVIEW 



TRAFFIC RECEIPTS OF CUBAN RAILROADS 



EARNINGS OF THE CUBA RAILROAD CO., THE HAVANA ELECTRIC, ETC. 

 Earnings of the Cuba Railroad 



The earnings of the Cuba Railroad for the months of September and for the three 

 months ended September 30th compare as follows : 



1913 1912 1911 1910 1909 



September gross $310,251 $324,060 $259,823 $190,880 $158,898 



Expenses 191,876 189,197 140,816 119,033 102,503 



September net $148,375 $134,862 $119,006 $71,847 $56,394 



Fixed charges 66,791 67,347 60,125 36,666 35,228 



September surplus .... $81,583 $67,515 $58,881 $35,180 $21,166 



From July 1st — 



Three months' gross... $1,025,311 $967,761 $780,275 $631,190 $484,536 



Three months' net 445,628 404,786 348,794 274,770 156,506 



Fixed charges 200,374 200,097 180,375 110,000 105,220 



Surplus $245,253 $204,688 $168,419 $164,770 $51,286 



Earnings of the United Railways of Havana 



Weekly receipts : 1913 



October 4th il9,377 



October 11th 19,954 



October 18th 19,775 



October 25th 19,919 



Earnings of the Havana Electric Railway 



Weekly receipts : 1913 



October 12th $56,861 



October 19th 54,575 



Oct«jber 26th 52,578 



November 2nd ^^.,. 45,19§ 



EXTENSIONS OF THE CUBAN CENTRAL may be expected, especially as heavy re- 

 newal charges are now coming to an end. 



Nearly 69 miles of new roads were 



opened by this company in the past year. "" 



Those constructed into cane lands have WESTERN -RAILWAY DIVIDEND 



been the means of mcreasmg the area un- »yi.-^ii^v | 



der cultivation in the zone in which the The Western Railway of Havana has de- 

 company operated. Their rail-head, which clared a dividend of 7 per cent on its stock 

 had reached Arimayo, is now being con- corresponding to the earnings of the fiscal 

 tinued on to Cumanayagua, where they are year of 1912-13. 

 advised there would be a very considerable 

 amount of cane to be transported next sea- 

 son. Some of the mill-owners on the line REPUBLIC OF CUBa's 5s. 

 are increasing the output of their factories, 



and a new mill which has been built ad- Holders of Republic of Cuba 5% bonds 

 jacent to the company's main line at Rod- of 1905, internal debt, are notilied by 

 rigo should be working next crop and Speyer & Co. that they may deposit their 

 should provide them with a considerable bonds with them for the purpose of pro- 

 additional traffic. viding new coupons, numbers 17 to 4S, both 



Many extensions of the Cuban Central inclusive. Blanks for this p.irpose, which 

 Railway have been effected, and when these must accompany each deposi^:, v/ill be fur- 

 become productive, increased dividends nished on application. 



