THE CUBA RE VIE TV 29 



LIABILITIES 

 Capital Stock: 



Authorized— 10,000 shares of SlOO each $1,000,000.00 



Less — 11 shares unissued 1,100.00 



8998,900.00 



Gu.AXTAXAMO SuGAR COMPAXY: 



*Notes v$ 1,000,000. 00 



Less — Current account debit balance 5,402.01 



994,597.99 



CuRUEXT Liabilities: 



Loan, repayable in services 893,013 . 82 



Audited vouchers unpaid 11,177.58 



^Miscellaneous accounts payable 26,576.97 



130,768.37 



Pension Fund 2,719.35 



Surplus : 



Balance at June 30, 1921 8203,361 .02 



Deduct — Loss for 3'ear ending June 30, 1922 6,821 .94 



196.539.08 



1922. 



82,323,524.79 

 *Sugar Company balance as of September 30, 1922. Railroad Company balance as of June 30, 



The Prevailing Prices for Cuban Securities 



As quoted by Lawrence Turnure &" Co., New York 



Bid Asked 



Republic of Cuba Interior Loan 5% Bonds 83 84 J/^ 



Republic of Cuba Exterior Loan 5% Bonds of 1944 963^ 97 



Republic of Cuba Exterior Loan 5% Bonds of 1949 89^ 89^ 



Republic of Cuba Exterior Loan 4^% Bonds of 1949 83j| 84 



Havana City First Mortgage 6% Bonds 90 110 



Havana City Second Mortgage 6% Bonds 90 110 



Cuba Railroad Preferred Stock 70 75 



Cuba Railroad First Mortgage 5% Bonds of 1952 83 8334 



Cuba Company 6% Debenture Bonds 85 95 



Cuba Company 7% Cumulative Preferred Stock 85 100 



Havana Electric Railway Co. Consolidated Mortgage 5% Bonds 88 89% 



Havana Electric Railway Light & Power Co. Preferred Stock 98J^ 



Havana Electric Railway Light & Power Co. Common Stock 86% 88 



Cuban American Sugar Co. Preferred Stock 97M 99 



Cuban American Sugar Co. Common Stock a}/i 3434 



Guantanamo Sugar Co. Stock 8% 9 



Cuban Telephone Co. Radio work by the company, the report 



Stockholders of the Cuban Telephone stated, resulted in sending messages from 



Company held their annual meeting, April Havana which had been clearly heard in 



18 in the offices of the International Tele- Alaska. 



phone and Telegraph Corporation, New 



York, which owns 92 per cent, of the 



Cuban company's common stock. The Guantanamo Sugar Company 



report for the year showed a net increase The Board of Directors declared a Divi- 



of 9.5 per cent in telephones in Cuba. dend of S2.00 per share on the Preferred 



Long distance revenue showed an increase Stock, for the quarter ending June 30, 1923, 



of 16 per cent. Steady growth was re- to stockholders of record at the close of 



ported over the Havana-Key West suu- business June 15, 1923. The transfer books 



marine cables, which are jointly owned will not be closed. 



by the International company and the , , -. r -i-x 



A™ • T- 1 u J -r 1 L r- Malcolm ^IcDougall, 



American Telephone and Telegraph Com- _ ' 



pany, most of this traffic being between Assistant Treasurer. 



New York and Havana. New York. IMav 8. 1923. 



