THE CUBA ilEVlEW 



21 



CUBAN FINANCIAL MATTERS 



PREVAILING PRICES FOR CUBAN SECURITIES 



As quoted by Lawrence Turnure & Co., New York. 



Bid 



Republic of Cuba Interior Loan 5% Bonds 86 



Republic of Cuba Exterior Loan 5% Bonds of 1944 9.33-^ 



Republic of Cuba Exterior Loan 5% Bonds of 1949 90 



Republic of Cuba Exterior Loan 4 }4 % Bonds of 1949 80 



Havana City First Mortgage 6% Bonds 103 



Havana City Second Mortgage 6% Bonds 101 



Cuba Railroad Preferred Stock 90 



Cuba Railroad First Mortgage 5% Bonds of 1952 92 



Cuba Co. 6% Debenture Bonds 95 



Cuba Co. 7 Cumulative Preferred Stock 100 



Havana Electric Railway Co. Consolidated Mortgage 5% Bonds 83 



Havana Electric Railway, Light & Power Co. Preferred Stock 100 



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



Matanzas Market Place 8% Bond Participation Certificates 100 



Cuban-American Sugar Co. Collateral Trust 6% Gold Bonds 100?4 



Cuban-American Sugar Co. Preferred Stock 96 



Cuban- American Sugar Co. Common Stock 114 



Santiago Electric Light & Traction Co. First Mortgage 6% Bonds 90 



Guantanamo Sugar Company Stock 58 



All prices of bonds quoted on an and accrued interest basis. 



Asked 



88 



95 



94 



84 

 107 

 105 



94 



95. 

 100 

 105 



88 

 103 



85 

 102 



1013^ 



100 



lis 



95 



()3 



CUBAN CENTRAL RAILWAYS 



This company has requested permission 

 from the Cuban Government to construct 

 three warehouses at Isabela de Sagua. It 

 is thought that this improvement would 

 greatly facilitate the loading and discharging 

 of ocean steamers at Isabela de Sagua. It is 

 estimated that the cost of the work will he 

 .f 1,242,378, Cuban currency. 



CUBAN AMERICAN SUGAR COMPANY 



As a result of the earnings of this companj-, 

 it is thought that the common shares will be 

 ]Hit on a dividend paying basis. All of the 

 Ijack dividends on the preferred stock have 

 been paid off, and it is rumored that the 

 common stockholders will receive a dividend 

 at the rate of lO'/c, either in the form of a 

 quarterly or semi-annual payment. 



INCORPORATED STATE OF NEW YORK 



Eastern Cuba Salt Co., salt plants, drugs, 

 chemicals, $15,000. Ai-chibald E. Stevenson, 

 Emile Utard, William H. Bemis, Baracoa, 

 Cuba. 



EARNINGS SANTIAGO ELECTRIC LIGHT AND 

 TRACTION COMPANY 



1915 1914 



August Gross $39,182 $38,457 



August Net 19,689 19,273 



First 8 months Gross 307,718 306,059 



First S months Net 149,368 152,073 



BANK SUSPENSION 



The Isle of Pines Bank suspended Oct. 2nd. 

 It is stated that the assets are considerabh' 

 more than the liabilities, so that creditors 

 are counting on being paid in full. 



MATANZAS STREET CARS 



The Company which has the concession 

 for the construction of the street car system 

 of [Matanzas has finally completed its or- 

 ganization, and it is thought that actual 

 work will be started shortly. 



