S2 



THE CUBA REVIEW 



FINANCIAL MATTERS 



NATIONAL BANK STATEMENT 



The statement of the National Bank of 

 Cuba to December 31, 1913, is herewith 

 given : 



General Balance Sheet, December 31, 1913 



(United States Currency) 



Assets 



Cash $5,200,202.00 



Due from Banks 



and Bankers... 3,211,164.39 

 Remittance in 



transit 1,550,574.50 $9,961,940.89 



Bonds and stocks 4,075,108.78 



Loans, disc'ts, time bills, etc. 19,161,682.60 



Buildings and real estate 1,548,211.11 



Furniture and fixtures 89,168.57 



Sundry accounts 230,431.92 



Securities on deposit 5,484,898.03 



Total 



Liabilities 



,551,441.90 



Capital $5,000,000.00 



Surplus 1,300,000.00 



♦Undivided prof. 275,076.98 $6,575,076.98 



Deposits 25,495,490.40 



Due to banks and bankers... 2,995,976.49 

 Deposits (securities) 5,484,898.03 



Total $40,551,441.90 



* Deduct $200,000 four per cent semi- 

 annual dividend payable January 2, 1914. 



TRUST COMPANY OF CUBA 



The report of the Trust Company of 

 Cuba to December 31, 1913, is as follows: 



ASSETS 



Cash $586,569.33 



Bonds and stocks 67,887.74 



Loans, discounts, etc 1,859,169.08 



Properties 4,027.41 



Bank building and fixtures.... 155,000.00 

 Fiduciary Department — ■ 



Due from banks. . $781,745.00 



Bonds and stocks. 101,634.84 



Loans and invest- 

 ments 2,531,022.40 3,414,402.24 



Total $6,087,055.80 



LIABILITIES 



Capital $500,000.00 



Surplus 200,000.00 



Undivided profits 7,754.11 



Uncollected dividends 936.00 



Dividend (payable Jan. 5, 1914) 15,000.00 

 Deposits — 



Current accounts.$l,308,352.26 



Time deposits.... 196,793.16 



Fiduciaries 781,745.00 



Fiduciary Dep't.. 2,632,657.24 4,919,547.66. 

 Exchange, foreign bankers.... 443,818.03 



Total $6,087,055.80 



XoRMAN H. Davis President 



J. M. Hapgood, Treasurer 



Prevailing Prices for Cuban Securities 



(Quoted by Lawrence Turnure & Co., New York, February 10, 1914) 



BID 



Republic of Cuba Interior Loan 5 per cent Bonds. 93 



Republic of Cuba Exterior Loan 5 per cent Bonds, due 1944 99% 



Republic of Cuba Exterior Loan 5 per cent Bonds, Loan of 1914 98% 



Havana City First Mortgage 6 per cent Bonds 102 



Havana City Second Mortgage 6 per cent Bonds 97 



Cuba R. R. Co. First Mortgage 5 per cent Bonds 97 



Cuba R. R. Co. Preferred Stock 98 



Cuba Company 6 per cent Debenture Bonds 96 



Havana Electric Ry. Co. Consol. Mtge. 5 per cent Bonds 92^/4 



Havana Electric Railway, Light & Power Co. Pfd. Stock 92 



Havana Electric Railway, Light and Power Co., Common Stock 81 



Matanzas Market Place 8 per cent Bond Participation Certificates 100 



Cuban-American Sugar Co. Coll. Trust 6 per cent Bonds 92% 



Santiago Electric Light & Traction Co. First Mortgage 6 per cent Bonds 98% 



All prices of bonds quoted on an "and interest" basis 



asked 



95 

 100% 



99 

 107 

 101 

 101 

 102 

 100 



931/2 



95 



84 

 103 



93% 



98% 



An order issued January 24th by the 

 Secretary of Agriculture, Commerce and 

 Labor requires all banks to register their 

 branch offices and to record all powers-of- 

 attorney issued to their respective managers 

 in the Mercantile Register. 



A great increase of these branches has 

 recently taken place. They have been mul- 

 tiplied throughout the island, and their in- 

 auguration with great public ceremonies 

 has been recorded in glowing terms by the 

 newspapers. 



