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THE CUBA REVIEW 



Durante el mes de Diciembre no se notara mucho interes en los mercados azucareros, 

 pero con el comienzo de la molienda en Cuba, se aumentara la actividad en aquellos, y en 

 vista de lo sostenido de los mercados europeos donde hay tendencias al alza, y de la 

 terminacion de la crisis monetaria, Cuba puede esperar la obtencion de precios bastante 

 remunerativos con una tendencia al alza por dicha zafra. 



El Sr. Henry O. Havemeyer, presidente de The American Sugar Refining Company, 

 que fallecio el 4 de Diciembre, ha dejado tras si la incertumbre con respecto a quien habra 

 de sucederle en la direccion de los asuntos de la Compafiia, especialmente en lo relativo a 

 la manera de abastecerse de azucar mascabado para el uso de sus refinerias. Lo probable 

 es que ahora se practique mas que nunca y por algun tiempo el sistema de comprar para 

 el consume del momento, por lo que Cuba debe prepararse a retener gran parte de su zafra 

 hasta que sus azucares se necesiten para el consumo. 



El aspecto general acusa indicios de un promedio se precios mas alto que el del afio 

 anterior, 'dado que haya manera de retardar las ventas, como dejamos indicado. 



QUOTATIONS FOR CUBAN SECURITIES. 



Supplied by LAWRENCE TURNURE & CO., New York City. 



Bid. Asked. 



Republic of Cuba 5% Bonds 97% 98 



Republic of Cuba 6% Bonds 98 101 



Republic of Cuba 5% Internal Bonds 85 87 



Havana City 1st Mortgage 6% Bonds 103 106 



Havana City 2d Mortgage 5% Bonds 102 105% 



Cuba ,R. R. list Mortgage 5% Bonds 83 87 



Cuba R. R. Preferred Stock 23 30 



Cuba Company 6% Debentures Nominal 



Havana Electric Cons. Mortgage 5% Bonds 80 82 



Havana Electric Preferred Stock Nominal 



Havana Electric Common Stock 20 25 



MAGNOLIA 



WILL BECOME THE AMERICAN CENTER. OF CUBA 



THE CUBA LAND AND IMPROVEMENT COMPANY of Grand Rapids, Michigan, has 

 bought a large tract of Cuba's best land, located on Buena Vista Bay. 



This bay Is a charming sheet of land-protected water, giving perfect facilities for all 

 transportation interests. A dock sis hundred and sixty feet long is already built on our land. 

 Four-masted schooneris now take cargoes from this wharf, and as the company will own its 

 own line of launches and barges, we are independent of railroad domination and control. 



This port is only 1,175 miles from New York City. 



ALL of Cuba's fine products MUST BE SENT to the world's best markets by water 

 transportation. Our location gives us this water transportation from oUr own wharf. 



OUR LOCATIOIT IS RIGHT. 



OUR LANDS ARE CUBA'S BEST, and CUBA'S BEST ARE THE BEST IN THE WORLD. 



Our PLANS are formed by men of STANDING and INTEGRITY, who have had a number 

 of years of successful experience in buying and selling lands, founding and establishing 

 flourishing American colonies in Cuba. 



This Company is laying out the new American town at Magnolia, which will be the center 

 of a large and successful American colony, and is selling these lands in town lots, one-acre> 

 two and one-half acre, five- and ten-acre lots, or in any number of acres desired. 



You will never have a better chance to make a profitable investment for a small amount 

 of money than you have to-day in purchasing land in the proposition we are offering at 

 Magnolia, Cuba. 



If you want to get in on the ground floor, invest now. 



If you have a few hundred dollars put away somewhere, this is the place to invest it. 

 BUY NOW. Do not put it off, because the values are sure to advance rapidly. 



B\iy Cuban lands NO'W Avliile the price is I^o^r 



Xli.er« is no safer itwestmezkt ock eartH tHaxx earll^ 



Write for our prospectus TO-DAY. Let us tell you all about it. 



CUBAN LAND AND IMPROVEMENT COMPANY 



516-517 Murray Building, Grand Rapids, Michigan 



Please mention THE CUBA REVIEW when writing to advertisers. 



