28 



THE CUBA REVIEW 





X'" 



Section of Santa Clara Province, showing location of new sugar factory at Guayos. 



AMENDEMENT FOR LOUISIANA 



United States Senator Ransdell, on Sept. 

 29th, proposed the following amendment to 

 the revenue bill: 



That a portion of the act of Oct. 3, 1913, 

 may be interpreted by the Supreme Court of 

 United States in the light of the Cuban 

 reciprocity treaty of Dec. 11, 1902, and, in 

 pursuance of the decree of said United States 

 Supreme Com-t, of June 22, 1914, the author- 

 ity of Congi-ess is hereby granted that the 



State of Louisiana may institute suit against 

 the United States for the pm'pose of deter- 

 mining the legal rate of duty to be assessed on 

 sugar imported from Cuba and other coun- 

 tries; provided, that if the Supreme Court 

 finds that the duty assessed against Cuban 

 sugar since ]\iarch 1, 1914, has been insuffi- 

 cient, the Secretary of the Treasury is du-ected 

 to institute proceedings to recover the balance 

 due the United States, and upon recover j* to 

 convey it into the Treasury to the credit of 

 the general fund. 



PREVAILING PRICES FOR CUBAN SECURITIES 



(Quoted by Lawrence Turnuro & Co., New York.) 



Bid Asked 



Republic of Cuba Interior Loan 59c Bonds 92 94 



Republic of Cuba Exterior Loan 5' f Bonds of 1944 99 101 



Republic of Cuba Exterior Loan 5% Bonds of 1949 90 95 



Republic of Cuba Exterior Loan AH7c Bonds 89 93 



Havana City First Mortgage Q7c Bonds 100 106 



Havana City Second Mortgage Q% Bonds 95 101 



Cuba Railroad First Mortgage o^/o Bonds 97 101 



Cuba Railroad Preferred Stock 95 101 



Cuba Company 6% Debenture Bonds 90 100 



Cuba Company 7% Cumulative Preferred Stock 101 110 



Havana Electric Railway Consolidated Mortgage 5% Bonds 89 93 



Havana Electric Railway, Light and Power Co. Preferred Stock 85 95 



Havana Electric Railway, Light and Power Co. Common Stock 70 80 



Matanzas Market Place 8% Participation Certificates 99 102 



Cuban- American Sugar Co. Collateral Trust 6% Bonds 92 94 



Cuban- American Sugar Co. Preferred Stock 88 93 



Cuban-American Sugar Co. Common Stock 40 48 



Santiago Electric Light and Traction Co. First Mortgage 6% Bonds .... 96 QSl^i 

 All prices of bonds quoted on an "and interest basis" and as of July 30 th. 



P. S.— The above are necessarily nominal and unreliable, as the European situation has 

 disorganized all markets. 



