CO 



T H E C U B A R E \' I E W 



FINANCIAL MATTERS 



EARNINGS OF CUBAN RAILROADS QUOTATIONS FOR CUBAN SECURI- 

 TIES AT NEW YORK 



Cuban Railroad Earnings 



The report of the Cuba Railroad Company for March ami for the nine months ended 

 March :ust compares as follows : 



]<»1() 19((y 1908 1907 



Gross Earnings $291,486 $251,305 $23,-,,415 $203,444 



Expenses 136,7.)0 127,r)7r) 129,542 113,859 



Net Profits $154,736 $123,730 $105,873 $89,585 



Fixed Charges 36.666 34,239 31,845 28,329 



March Surplus $lis,070 $S9,491 $74,028 $61,250 



1910 1909 1908 1907 



Xine Months' Gross $1,822,142 $1,540,263 $1,510.()27 $1,369,889 



Expenses 1.070,778 875,570 989,442 947,439 



Xine Months" Xet $751,364 $664,693 $521,184 $422,450 



Fixed Charges 325,210 295,358 269,726 240,942 



Surplus $426,1 .".4 $369,335 $251,458 $181,507 



liavaiia IClectric Railway 



The ( juantanaino & Western Railroad 



The reorganization of the Cuba Eastern 

 R. R. resulted in the formation on March 

 1st last of the Guantanamo and Western 

 R. R. with the following officers and direc- 

 tors : Robert Selden Huse, President ; Col. 

 William Barbour, Vice-President; D. H. 

 Thomas. Secretary and Treasurer. The 

 board of directors in addition to the offi- 

 cers above named are : Franklin Q. Brown, 

 of the firm of Redmond & Co., Bankers, 

 Chairman ; Irvin M. D. Garfield, son of the 

 late President Garfield ; P. Chauncy Ander- 

 son, of the law firm of Anderson, Pendleton 

 & Anderson ; I. H. Lehman of A. Leventritt, 

 Cook & Xathan; F. C. Walcott, of Bon- 

 bright & Co.. and W. Harris Roome. 



April Quotations for Cuban Securities 



(Svipplied by Lawrence Turiuire & Co., New York) 



Bid 



Republic of Cuba 5 per cent. Bonds (interior) 97 



Republic of Cuba 6 per cent. Bonds 99 



Republic of Cuba 5 per cent. Bonds (exterior) 101 ^/^ 



Havana City First Mortgage 6 per cent. Bonds 107 



Havana City Second Mortgage 6 per cent. Bonds 106 



Cuba Railroad First Mortgage 5 per cent. Bonds 100 



Cuba Railroad Preferred Stock 75 



Cuba Company 6 per cent. Debentures 95 



Havana Electric Consolidated Mortgage 5 per cent. Bonds 94 



Havana Electric Preferred Stock 95 



Havana Electric Common Stock 92 



]\ratanzas City Market Place 8 per cent. Bond Certificates 103 



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



Asked 



98 

 100% 

 102 Va 

 108 

 108 

 101 



80 



98 



95 



97 



94 

 None 



