20 



THE CUBA REVIEW 



TRAFFIC RECEIPTS OF CUBAN RAILROADS 



MAY EARNINGS OF THE CUBA RAILROAD, THE UNITED RAILWAYS OF 

 HAVANA, THE HAVANA ELECTRIC, ETC. 



I'.tio 



United Railways of liavana 



iniiiig t\)r the five weeks ended June 2.*), 

 , and corresponding weeks in l<»0<t and 

 compare as follows: 



lOK) I'JO'J l'.)tts 



k ending May lis. £lS,20r. il5,8(J8 £\\,:>ri 



June 4.. HJ,:>\') i:>,22:, ll,'.t44 



" 11.. 16,yOG 14,8'.)4 Jl,l)5:> 



•• 18.. 16,079 14,S7(i ll,2(kS 



•• 25.. 16,495 14,.")<.)0 11. HOT 



first tliat the institution has made. The 

 l)ank was organized and began operations 

 in ]9()">. 



The lirst locomotive to run over the new 

 line from Jaguajay to Mayijigua, in Santa 

 Clara Province, arrived July 4, inaugurat- 

 ing tlie service, which is to connect these 

 two important towns. The formal inaugu- 

 ration of the line will follow. 



Havana Electric Railway 



learnings for the live weeks ended July 

 3, 1910, and corresponding weeks in I'.Mi'.i 

 and 1908 compare as follows: 



1910 1909 190S 



Weekending June r,.. $44,157 $41,557 $35,840 



" 12.. 41,166 41,157 35,962 



•• 19.. 42,804 39,698 32,013 



•• 26.. 42,414 37,960 38,231 



July 3.. 42,280 41,808 36,451 



1910 1909 1908 



From Jan. 1. .$1,060,977 $1,000,623 $976,211 



Nipe Bay Company Dividends 



The Nipe Bay Company has declared 

 dividend No. 1, of seven per cent on the 

 preferred stock, out of the net profits the 

 cnmpany earned during the current fiscal 

 year, payable August 31st next, at the of- 

 lice of the treasurer in Boston, to holders 

 of preferred stock of record at the close of 

 Inisiness July 30th. 



The company also has declared dividend 

 No. 1, of four per cent, on the common 

 stock, payable at Boston on September 15th 

 to stockholders of record at the close of 

 business September 1, 1910. 



The Cuba Ivistern Railroad Company has 

 sold all its ajipurtenances, railways, etc., in 

 ( )riente Province lo the Cuantanamo and 

 Western Railroad, organized according to 

 the laws of the United States. 



Robert Selden iluse is iiresident of the 

 new company. 



At the June meeting of the directors 

 of the Isle of Pines bank a semi-annual 

 dividend of 3 per cent, was declared, the 



The Cuba Railroad Company has de- 

 clared a quarterly dividend of 2 per cent, 

 on the preferred stock, payalile August 1, 

 1910, to stockholders of record June 30. 



Dividends of 1 V2 per cent, quarterly have 

 lireviously been declared on the preferred 

 stock. ... 



The railroad commission has given a 

 new concession to the Havana Central to 

 e.xtcnd its lines from Guanajay to Artemisa 

 and from that town to Cayajabos. 



The Cuba Railroad Company Earnings 



The statement of the Cuba Railroad Company for May and for eleven months ended 

 May 31st compares as follows: 



1910 1909 1908 1907 



May Earnings $232,401 $193,.540 $173,515 $188,979 



Expenses 117,:i33 104,674 112,638 118,391 



^'ay ><'ct $1 15,068 $88,865 $60,876 $70,588 



Charges 36,666 ' 34,579 31,892 28,329 



May Surplus $78,401 $54,286 $28,984 $42,259 



From July 1st, Earnings $2,23.3,138 $1,960,460 $1,893,900 $1,767,843 



Net Profits 996,715 858,441 668,383 581,257 



Charges 398,.543 364,516 333,510 297,601 



Surplus $598,171 $493,925 $334,873 $283,656 



