THE CUBA REVIEW 



25 



COMMERCIAL AND FINANCIAL 



NATIONAL BANK OF CUBA REPORT — HAVANA S CUSTOM HOUSE COL- 

 LECTIONS FOR FIVE YEARS 



National Bank of Cuba 



The annual report of this bank to June 

 30, 1910, is as foUows (amounts in United 

 States currency) : 



Cash in vault $8,681,319.19 



Due from banks 



and bankers . . 2,564,700.13 

 Remittances in 



transit 1,267,595.38 



$12,513,680.90 



Bonds and Stocks : 



Gov't bonds ... $2,773,069.38 

 City of Havana 



bonds 772,001-.08 



Other bonds 



and stocks.. 441,370.61 



3,986,444.07 



Loans, discounts, time bills, 



etc 13,383,142.52 



Bank buildings and real 



estate 824,710.16 



Furniture and fixtures 84,993.^6 



Sundry accounts 50,498.84 



Securities on deposit 2,057,214.55 



Total $32,900,684.60 



LIABILITIES 



Capital $5,000,000.00 



Reserve 900,000.00 



*Undivided profits 356,922.21 



$6,256,922.21 



Deposits 23,722,701.82 



Due to banks and bankers.. 863,846.02 



Deposits (securities) 2,057,214.55 



Total $32,900,684.60 



* Deduce $200,000, four per cent semi- 

 annual dividend, July 1, 1910. 



United States Trade with Cuba 



The chief growth of United States ex- 

 ports has been with its neighbors, and 

 Cuba's gain is 20 per cent, as compared 

 with 1909. The figures for 1910 are 

 $52,750,000 against practically $44,000,000 in 

 1909, an advance of $9,000,000. 



The chief gain in U. S. imports is also 

 with near neighbors, the figures for Cuba 

 aggregating $122,500,000 in 1910 against 

 $96,750,000 in 1909. — From the summary of 

 tlie U. S. Department of Commerce and 

 Labor. 



Havana's Collections 



The custom house collections for the 



port of Havana for the month of July 



compare as follows : 



1910 $1,496,572.61 



1909 1,-509,947.37 



1908 1,313,839,41 



1907 1,623,661.82 



1906 1,534,538.38 



Cuba's Imports of Shoes 



The United States exports of boots and 

 shoes for the month of June and for the 

 year ended June 30th compare as follows : 

 1910 1909 



June $316,910 $307,842 



From July 1st 2,958,103 2,529,615 



Cuba led all other countries in shoe ex- 

 ports from the United States. The United 

 Kingdom was a close second, and Mexico 

 and British North America were third and 

 fourth respectively. — Figures of the Shoe 

 and Leather Reporter. 



American Goods in Demand 



American capitalists are turning with 

 longing eyes to Cuba. "Exports from Cuba 

 have grown enormously since her independ- 

 ence," says the New York World. 



"Two years ago Cubans shipped less than 

 a million tons of sugar to the United 

 States, but this year the crop will reach 

 1,400,000 tons. Next season it will be at 

 least 1,750,000 tons. 



"In ore there will be shipped more than 

 a million tons and at least 1,500,000 crates 

 of pineapples will come north." 



The tobacco raised on Cuban soil is su- 

 perb, as all experts know. The beautiful 

 island, which under the regime of the Span- 

 ish was continuously torn by revolutions, is 

 now prospering as a republic. A fine sys- 

 tem of railroads is being built, and roads 

 opened up everywhere. There is a con- 

 stantly increasing demand for American 

 goods. 



Trade Worth Cultivating 



Our trade with Cuba has grown from 

 $102,310,600 in 1893, the heaviest year prior 

 to the insurrection, to $139,352,064 in 1909. 

 And while our imports from Cuba thus in- 

 creased $16,015,687, our exports to Cuba 

 kept pace with an increase of $19,025,777. — 

 U. S. Department of Commerce and Labor. 



