THE CUBA REVIEW 



25 



COMMERCIAL AND FINANCIAL 



SPAIN AND CUBA 



The trade of Cuba with Spain shows a very 

 large balance in favor of the latter country as 

 the following table of thirteen years commerce 

 shows : 



Cuba imports from and exports to Spain as 

 follows : 



Imports 

 Years. Pesos. 

 1899-1900 11,380,000 

 1900-1901 10,268,000 

 1901-1902 9,723,000 

 1902-1903 10,023,000 

 1903-1904 10,7-14,000 

 1904-1905 10,413,000 

 1905-1906 10,927,000 

 1906-1907 8,306,000 

 1907-1908 7,072,000 

 1908-1909 7,577,000 

 1909-1910 10,680,000 

 1910-1911 5,539,000 

 1911-1912 6,900,000 

 1912-1913 10,228,500 



Exports 

 Years. Pesos. 

 1899-1900 1,007,000 

 1900-1901 579,000 

 1901-1902 1,322,000 

 1902-1903 1,682,000 

 1903-1904 1,180,000 

 1904-1905 1,146,000 

 1905-1906 1,611,000 

 1906-1907 652,000 

 1907-1908 961,000 

 1908-1909 1,460,000 

 1909-1910 538,000 

 1910-1911 745,000 

 1911-1912 480,000 

 1912-1913 692,000 



Total 129,788,500 



Total 14,055,000 



DEATH OF HENRY UPMANN 



The well-known banking firm of Henry 

 Upmann & Co., announced on October 23, 

 the death in Hamburg of Hemy Upmann. 

 At the same time the house stated that the 

 death would not in any way affect the busi- 

 ness of the company. The news of the death 

 of Mr. Upmann was received in Havana with 

 a gi'eat deal of regret, as he was well-known 

 and greatly respected and long considered one 

 of the city's most able busine.ss men. 



SANTIAGO ELECTRIC LIGHT AND TRACTION 

 COMPANY EARNINGS 



1914 1913 



Sept. Gross $37,953 $38,085 



Sept. Net 18,562 16,945 



1st 9 xMonths Gross 347,937 340,537 



1st 9 Months Net 170,467 153,045 



CUBAN TELEPHONE COMPANY EARNINGS 



The earnings and growth of this company 

 for the month of September compare as fol- 

 lows: 



1914 1913 



Earnings $96,406 . 77 $82,722 . 29 



Subscribers 17,351 14,890 



POST OFFICE COLLECTIONS 



The receipts from postage stamps, money 

 orders, post office boxes, fines, etc., during the 

 fiscal year compares as follows: 



1913-14 $1,883,284 



1912—13 1,674,867 



GERMANS. HUNGARIANS AND BELGIANS 



It appears that there are at present about 

 200 German and Hungarian families in Mex- 

 ico desirous of establishing themselves in 

 Cuba if it could be made easy for them. All 

 are experienced agriculturists. 



It has also been suggested to the Secretary 

 of State that now is a good time to invite a 

 certain number of Belgian families to migrate 

 to Cuba. They are Ukewise experienced 

 agricultui'ists. 



PREVAILING PRICES FOR CUBAN SECURITIES 



Quoted by Lawrence Turnure & Co., New York. 



Bid Asked 



Republic of Cuba Interior Loan 5% Bonds 91 94 



Repubhc of Cuba Exterior Loan 5% Bonds of 1944 98 101 



Republic of Cuba Exterior Loan 5% Bonds of 1949 88 95 



Havana City First Mortgage 6% Bonds 100 106 



Havana City Second Mortgage 6% Bonds 95 101 



Cuba Railroad First Mortgage 5% Bonds 95 101 



Cuba Railroad Preferred Stock 94 100 



Cuba Company 6% Debenture Bonds 90 100 



Cuba Company 7% Cumulative Preferred Stock 98 108 



Havana Electric Railway Consolidated Mortgage 5% Bonds 88 90 



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% Bond Participation Certificates 99 102 



Cuban American Sugar Co. Collateral Trust 6% Bonds 90 94 



Cuban American Sugar Co. Preferred Stock 85 90 



Cuban American Sugar Co. Common Stock 35 42 



Santiago Electric Light and Traction Co. First Mortgage 6% Bonds 96 98)^ 



Republic of Cuba Exterior Loan 43^% 89 92 



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



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

 disorganized all markets. 



