THE CUBA R E A' I E W 



Havana Electric Co. 



Action of the directors of the Havana 

 Electric Co. on Oct. 13 in maintaining the 

 6 per cent dividend on the common stock 

 appears wholly warranted upon comparison 

 of the company's gross, net, dividends 

 and surplus since 1906, together with the 

 estimated for 1910. These are as follows : 



Divi- 

 Year Gross Net dends Surplus 

 *1910. $2,600,000 $1,350,000 $747,822 $152,178 

 1909.. 2,488,647 1,237,598 523,911 292,420 

 1908.. 2,276,807 1,030,383 374,635 200,967 

 1907.. 2,143,122 910,387 275,000 91,075 

 1906.. 1,919,193 664,443 200,000 t31,932 

 * Estimated. t Deficit. 



Says the W-^a// Street Journal : "While 

 gross earnings for 1910 will reach the 

 highest level in the history of the company, 

 surplus, owing to the increased disburse- 

 ments on the common stock, will show a 

 considerable falling off from 1909. The 

 amount available this year for common 

 dividends will approximate 8.04 per cent, 

 as against an actual 6.92 per cent for 1909. 



"The company declared the initial divi- 

 dend on the common stock, of 1 per cent 

 quarterly, in January, 1909, and in April 

 last increased this rate to IV2 per cent 

 quarterly. The foregoing increase will 

 require an additional disbursement in divi- 

 dends this year over 1909 of $223,911." 



The provincial council of Oriente has 

 appropriated funds for the purchase of 

 a small cannon to be used every night in 

 booming the hour at 9 o'clock in Santiago 

 as it is done in Havana. 



The Compania Cubana has deposited 

 $4,800 as a guarantee for the construction 

 of a railroad of 24 kilometers from Trini- 

 dad to Fernandez. 



Triscornia Railway Sold 



President Gomez has signed an executive 

 decree cancelling the lease of the land oc- 

 cupied by the Triscornia Railway, ordering 

 the sale at public auction cf the remaining 

 material belonging to the railway, which 

 has not been used for several years, and 

 providing for the expropriation by the 

 governm.ent of such part of the Triscornia 

 property as is indispensable for the pur- 

 poses of the Department of Immigration. 



The Triscornia Railway was built on land 

 leased by the government in 1898, and was 

 used for military purposes. The lease ex- 

 pired on June 30, 1908, but has since been 

 tacitlv prolonged, the government paying 

 $700 a month — a total of $124,730 — for land 

 of which it made no use, as the railway 

 practically ceased to exist several years ago. 

 A part is used as a quarantine and immigra- 

 tion station. — U.S. Consul-General's Report. 



Estacion de ferroccrril en la casta sur de Jucaro, en la linea del Ferrocarril dc Jucaro y San 

 Fernando, en la provincia de Camagiiey. 



Railroad station of Cuba. 



Jucaro, Camaguey Province, on the south coast, on the line ot the 

 Jucaro and San Fernando Railroad. 



