THE CUBA REVIEW 



39 



The Royal Banko'Canada 



Founded in 1869 

 Paid Up Capital - - $20,000,000.00 

 Reserve Funds - - 21,700,000.00 

 Total Assets - - = 500,649,000.00 



Seven Hundred and Twenty Branches 

 Fifty-four in Cuba 



HEAD OFFICE: MONTREAL 

 LONDON: 2 Bank Building, Princes Street 

 NEW YORK: 68 William Street 

 BARCELONA: Plaza de Cataluna 6 

 PARIS: 28 Rue du Quatre Septembre 



Correspondents in All the Important 

 Cities of the Woild 



We issue letters of credit to travelers in Dollars, 

 Pounds Sterling, Francs and Pesetas, negotiable 

 without charge. 



Savings accounts opened for Deposits of One 

 Dollar and up. 



Our direct private wire to New York enables 

 us to handle business most expeditiously 



PRINCIPAL BRANCH IN CUBA 



Aguiar 75, Corner of Obrapia 



Established 1876 



N. GELATS & COMPANY 



Bankers 



Transact a General Banking Business. 

 Correspondents at all the prin- 

 cipal places of the world. 



SAFE DEPOSIT VAULTS 



Office: Aguiar 108 

 HAVANA 



FREDERICK SNARE CORPORATION 



Formerly The Snare and Triest Company 



Contracting Engineers 



STEEL AND MASONRY CONSTRUCTION 

 Piers, Bridges, Railroads and Buildings 



We are prepared to furnish Plans and Estimates 

 on all classes of contracting work in Cuba. 



New York Office, 8 West 40th Street 



Havana OflBce: Zulueta 36 D 



DEALERS IN ALL PRODUCTS 

 FOR SUGAR MILLS 



PRIME COMMERCIAL MURIATIC 

 ACID, 20° 



Sulphuric, Phosphoric, Nitric, Hydrofluoric 

 and all other acids 



CAUSTIC SODA, 76% SOLID 



Soda Ash, Sal Soda, Bicarbonate of Soda and 

 salts of all characters 



FORMALDEHYDE, 40% VOL. U. S. P. 

 OIL AND GREASES 



Castor Oil and all grades of lubricating oils 

 and greases 



SUGAR BLEACH AND FILTERING 

 MATERIALS 



PAINTS— PRESERVATIVES 



DISINFECTANTS— INSECTICIDES 



We are publishing a monthly review devoted 

 to Cuban market conditions which will be 

 sent gratis upon request. May we place you 

 on our mailing list ? 



THOMAS F. TURULL & CO. 

 140 Liberty St., New York 



HAVANA 

 2 and 4 Muralla 



SANTIAGO 

 47 Lacre Baja 



Cuba Submarine Telegraph Company 



Receipts of Cuba Submarine Telegraph 

 Company for 1921 totalled £65,974 and ex- 

 penses amounted to i33,009. After provid- 

 ing £8,502 for income tax and £9,334 

 on account of excess profits duty, 

 there remains £15.127, plus difference in 

 exchange of £6.959 and £26,645 brought 

 forward, making £48,732, less £15.000 

 added to general reserve. Directors recom- 

 mend final dividend on ordinary shares at 

 rate of 5 per cent per annum and bonus of 

 4s. per share, free of tax, carrying forward 

 £16,532, subject to excess profits and other 

 duties. New section between Cape Cruz 

 and Santiago, referred to in last report, has 

 been laid at cost of £37.562, and several re- 

 pairs, including that of Cienfuegos-Santiago 

 1905 cable, have been carried out. costing 

 £14,690. Both these amounts have been 

 charged to reserve. 



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