THE CUBA REVIEW 



23 



CUBAN FINANCIAL MATTERS 



PREVAILING PRICES FOR CUBAN SECURITIES 



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



Bid. Asked. 



Republic of Cuba Interior Loan 5% Bonds 93^ 94^^ 



Republic of Cuba Exterior Loan 5% Bonds of 1944 993^ lOOJ^ 



Republic of Cuba Exterior Loan 5% Bonds of 1949 96 96 J^ 



Republic of Cuba Exterior Loan 43^% Bonds of 1949 86 87 



Havana City First Mortgage 6% Bonds 102 106 



Havana City Second Mortgage 6% Bonds 101 104 



Cuba Railroad Co. Preferred Stock 97 98 



Cuba Railroad Co. First Mortgage 5% Bonds of 1952 95 97 



Cuba Co. 6^ Debenture Bonds 100 none 



Cuba Co. 7% Cumulative Preferred Stock 101 106 



Havana Electric Railway Co. Consolidated Mortgage 5% Bonds of 1952.. . 93 94 



Havana Electric Railway, Light and Power Co. Preferred Stock 1063^ 1093^ 



Havana Electric Railway, Light and Power Co. Common Stock 102 105 



Matanzas Market Place 8% Bond Participation Certificates 100 101 



Cuban-American Sugar Co. Collateral Trust 6% Bonds of 1918 102 J^ 102^ 



Cuban-American Sugar Co. Preferred Stock 109 110 



Cuban-American Sugar Co. Common Stock 232 233 



Guantanamo Sugar Company Stock 72 75 



Santiago Electric Light and Traction Co. 1st Mtge. 6% Bonds 90 95 



All prices of bonds quoted on an and interest basis. 



FINANCIAL NOTES 



The Guaranty Trust Company is issuing a 

 pamphlet on Cuba containing detailed in- 

 formation as to the industries and commerce 

 of the island. 



CUBAN PROSPECTING SYNDICATE, LTD. 



This company has just been registered with 

 a capital of £2,000 in 180 ordinary shares of 

 £10 each and 4,000 deferred shares of Is. each 

 to take over any lands, farms, iron-ore, oil, 

 gas, or petroleum bearing properties in Cuba 

 or elsewhere, and to carry on the business of a 

 financial prospecting, and exploring associa- 

 tion. The subscribers are: J. Brailsford, 

 Grayfield, Chislehurst, Kent; P. F. Drake- 

 Brockman, 11 Cintra Park, Upper Norwood, 

 S. E. Private company. The number of 

 directors is not to be less than two or more 

 than five; the first are J. Brailsford and P. F. 

 Drake-Brockman. Qualifications 10 ordi- 

 nary or deferred shares. Secretary G. T. 

 Lupson. Registered office, 3 London Wall- 

 buildings, E. C. — Liverpool Journal of Com- 



MANATI SUGAR CO. 



This company has declared a dividend of 

 20% on its common stock, payable in common 

 stock at par on November 8th, to holders of 

 record October 31st. The directors a,lso de- 

 clared a cash dividend of 23^% on the com- 

 mon stock (including that to be issued for the 

 stock dividend) payable December 1st, to 

 holders of record November 28th. Also three 

 other instalments on the conmion, of 23^% 

 each, payable March 1, June 1 and September 

 1, 1917. The March dividend is payable to 

 holders of record February 26th, the June dis- 

 bursements will be made to holders of record 

 May 29th and the September dividend will 

 be paid to holders of record August 29th. 



It is reported in the press that the Cien- 

 fuegos-Pahnira-Cruces Line in Santa Clara 

 Province has been sold to Cuban interests rep- 

 resented by Messrs. Upmann & Co., of 

 Havana. It was announced that the building 

 of the projected road would cost $20,000,000, 

 and there would be some 300 miles of railroad. 



