THE CUBA' REYI-EW. 



17 



COMMERCIAL. 



FINANCIAL. 



Cuba's Trade with France. 



In 1907 the exportations to France 

 amounted to 5,683,000 francs value and im- 

 portations 3,467,000 francs. 



The value of machinery, accessories and 

 wines imported from France amounted to 

 115,000 francs; drugs, hardware, jewelry 

 and cotton goods, 32,000; soap, perfumery, 

 crystal ware, sweets, chocolates and silks, 

 52,000 francs. 



The principal Cuban exports were: To- 

 bacco, 2,069,000f.; sponges, 968,000; raw 

 hides, 283,000; cocoa, 119,000; 50% alcohol, 

 76,000; turtle shells, 54,000; mother of pearl, 

 50,000, and other small exports. 



Cuba's Trade With Spain. 



There has been for the last three years 

 a considerable decrease in the exportations 

 from Spain to Cuba. The decrease now 

 amounts to 20,000,000 pesetas. Cuba's ex- 

 portations to Spain were in 1904 4,000,000 

 pesetas, in 190o, 5,411,000 pesetas, and in 

 1906, 3,626,000 pesetas. 



The decrease in the Spanish importations 

 into Cuba is traced principally to shoes. 

 The United States have gained in this, and 

 two or three Spanish manufacturers have 

 opened factories in Cuba and have taken the 

 trade over. 



Cuban Charcoal Market. 



Nearly all of the charcoal consumed in 

 the island is manufactured locally, the in- 

 dustry being a large one and furnishing 

 employment to a great many of the people, 

 is the report of U. S. Consul-General Rod- 

 gers, at Havana. Consumption statistics 

 are lacking, but generally the majority of 

 the Cuban people and residents use it for 

 cooking purposes. The price varies, but a 

 fair average would be between 75 cents and 

 $1 per 100 pounds in the market and de- 

 livered. 



The duty on charcoal from the United 

 States is $1.50 per gross ton. 



Cuban Mahogany and Cedar Report. 



Mahogany. — The stock that was on hand 

 a month ago practically remains the same. 

 There were no logs received during the 

 entire month, and we are obliged to report 

 that there is no encouragement to be offered 

 shippers at this writing, as trade is at 

 a complete standstill. 



Cedar. — The receipts for the month of 

 •May consisted of but 600 logs, which have 

 passed into second hands. The stock that 

 was on hand a month ago has been but 

 slightly reduced, and there is no encourage- 

 ment in sight to recommend shippers to 

 send wood forward. — George F. Herriman, 

 New York, June 1, 1908. 



An Attractive Entrance. 



Door of the banking office of H. Up- 

 mann &. Co., Amaguara Street, Havana, 

 of solid mahogany and beautifully 

 carved. It cost $1,500. The house of 

 Upmann & Co. was established in 1844 

 by Mr. Herman Upmann. In 1871 Mr. 

 Heinrich Upmann became the head; in 

 1898 Mr. Heinrich Runken assumed the 

 charge, and on July 1,_ 1907, Mr. Her- 

 man Upmann became the head of the 

 institution. The present building was 

 built in 1892, at a cost of $250,000. 



