THE CUBA REVIEW 



19 



CUBAN FINANCIAL MATTERS 



PREVAILING PRICES FOR CUBAN SECURITIES 



As quoted by Lawrence Turnure & Co., New York 



Bid Asked 



Republic of Cuba Interior Loan 5*^ c. Bonds 88 92 



Republic of Cuba Exterior Loan 5% Bonds of 1944 963/^ 97 1/^ 



Repulilic of Cuba Exterior Loan 5% Bonds of 1949 90 J^ 92 



Republic of Cuba Exterior Loan 43^ % Bonds of 1949 82 84 



Havana City First JNIortgage 6^0 Bonds 102 105 



Havana City Second Mortgage 6% Bonds 101 104 



Cuba Railroad Preferred Stock 93 98 



Cuba Railroad First Mortgage 5% Bonds of 1952 933^ 98 



Cuba Co. 6% Debenture Bonds 95 100 



Cuba Co. 7 /c Cumulative Preferred Stock 100 105 



Havana Electric Railway Co. Consolidated Mortgage 5% Bonds of 1952.. 87 90 



Havana Electric Railway, Light & Power Co. Preferred Stock 96 983^ 



Havana Electric Railway, Light & Power Co. Common Stock 803^ 83 



Matanzas Market Place 8% Bond Participation Certificates 100 104 



Cuba-American Sugar Co. Collateral Trust 6% Bonds of 1918 993^ 99 J^ 



Cuba-American Sugar Co. Preferred Stock 102^ 10S}4 



Cuba- American Sugar Co. Common Stock 8Q% 89 



Santiago Electric Light & Traction Co. First Mortgage 6% Bonds 94 96 



All prices of bonds quoted on an cuid interest basis. 



INCORPORATED STATE OF DELAWARE 



Lapas Su^ar Corporation, $500,000; to 

 cultivate sugar cane, sugar beets, and other 

 tropical fruits and vegetables; Serafin Ariasy 

 Carreno, Cardenas, Cuba; Virgilio Santusie 

 Martenez, Perico, Cuba; Juan E. Pedimonte, 

 y Rossele, Havana, Cuba; John F. Myer, 

 Montclair, N. J.; Walter Keys, Port Rich- 

 mond, X. Y. 



Matanzas American Sugar Company, 

 $3,000,000; to acquire sugar estates, and 

 the development of the same in the Republic 

 of Cuba, etc.; incorporators, Segundo Bo- 

 tety Suris, Matanzas, Cuba; Albert N. 

 Commet, Jr., Brooktyn, N. Y., and Walter 

 L. Worrall, Pelham Manor, N. Y. 



Cuba Copper Leasing Co., mining, milling, 

 smelting, refining ores, trading corporation; 

 $10,000; B. Elkan, F. A. Spencer, Jr., W. A. 

 Cooper, 64 Wall Street. 



Cuban Improvement and Steamship Com- 

 pany, New York, to build, equip, maintain 

 and navigate boats, vessels, etc.; $100,000; 

 Louis Van Home, Louis Rosenberg, Charles 

 S. Douglass, all of New York. 



It is rumored that the Mercedes copper 

 mine at Sancti Spiritus has been sold. 



CUBAN BANKERS 



At a recent meeting of the prominent bank- 

 ers of Cuba it was agreed that from the first 

 of July, 1915, letters of exchange covering 

 sugar or tobacco should be bought exclusively 

 with either American or Cuban money. 

 Secondly, it was resolved to import as soon as 

 possible $8,000,000 in gold to be coined in the 

 United States for account of all the banks and 

 to be divided between the banks. 



GUANTANAMO SUGAR COMPANY 



A cash dividend of $6.00 per share and a 

 dividend of $5.00 per share in the stock of the 

 Company at par has been declared payable 

 July 23d to stockholders of record at close of 

 business July 10th. The transfer books will 

 be closed from July 10 th to July 26th. 



CUBAN DISTILLING COMPANY 



It is announced in newspapers that this"- 

 company has placed a contract with the Fore^ 

 River Shipbuilding Corporation for a tank 

 steamer to be 389 feet long, 54 ft. 6 inch 

 beam, 32 ft. 6 inch, depth, with a displace-- 

 ment of 9,000 tons, and a cargo capacity for- 

 molasses of 2,500,000 gallons. It is expected', 

 that she will be in commission in about one 

 year. 



