THE CUBA REVIEW 31 



Traffic Receipts of Cuban Railroads 



Earnings of the Havana Electric Railway, Light & Power Company 



Month of May: 1922 1921 



Gross earnings §1,087,916 Sl,100,117 



Operating expenses 488.603 6a3,541 



Net earnings §599,313 §496,576 



Miscellaneous income 10,529 10,235 



Total net income $609,842 §506,811 



Surplus after deducting fixed charges 286,508 206,660 



5 Months to May jist: 1922 1921 



Gross earnings §5,459,542 §5,341,730 



Operating expenses 2,537,321 3,007,697 



Net earnings §2,922,221 $2,334,a33 



Miscellaneous income 61,864 47,689 



Total net income §2,984,085 §2,381,722 



Surplus after deducting fixed charges 1,390,549 860,263 



Earnings of the United Railways of Havana 



Weekly Receipts: 1922 1921 



Week ending July 1 £43,817 £68,772 



Week ending July 8 48,053 61,787 



Week ending July 15 50,863 58,038 



Week ending July 22 49,354 57,015 



Earnings of the Havana Central Railroad 



Weekly Receipts: 1922 1921 



Week ending July 1 £8,385 £12,185 



Week ending July 8 8,919 10,931 



Week ending July 15 9,070 10,554 



Week ending July 22 8,984 11,194 



The Prevailing Prices for Cuban Securities 



As quoted by Lawrence Turnure & Co., New York 



Bid Asked 



Republic of Cuba Interior Loan 5% Bonds 71 73 



Republic of Cuba Exterior Loan 5% Bonds of 1944 96 97 



Republic of Cuba Exterior Loan 5% Bonds of 1949 89 92 



Republic of Cuba Exterior Loan 4^% Bonds of 1949 81 82 



Havana City First Mortgage 6% Bonds 90 95 



Havana City Second Mortgage 6% Bonds 90 95 



Cuba Railroad Co. Preferred Stock 50 56 



Cuba Railroad Co. First Mortgage 5% Bonds of 1952 81 84 



Cuba Company 6% Debenture Bonds 80 86 



Cuba Company 7% Cumulative Preferred Stock 75 



Havana Electric Ry. Co. Consolidated Mortgage 5% Bonds 89 92 



Havana Electric Ry. Light & Power Co. Preferred Stock 85 100 



Havana Electric Ry. Light & Power Co. Common Stock 75 85 



Cuban American Sugar Co. Preferred Stock 943--^ 95 



Cuban American Sugar Co. Common Stock 273^ 27^ 



Guantanamo Sugar Co. Stock 133^ 13M 



