. The Cuba review. 18 THE CUBA REVIEW FURTHER TRADE NEWS UNITED KINGDOM AND CUBA More than half of Cuba's imports from the United Kingdom are made up of cotton and cotton goods, rice and machinery. The total value of cotton goods imported in the year 1911-12 was £2,434,508, of which £957,- 753 came from the United Kingdom. These figures show an increase of £200,000 in the imports from the United Kingdom; but, as they represent a slight filling off in the percentage of the total, there should still be large openings for British exporters which are not taken advantage of. Machinery to the value
. The Cuba review. 18 THE CUBA REVIEW FURTHER TRADE NEWS UNITED KINGDOM AND CUBA More than half of Cuba's imports from the United Kingdom are made up of cotton and cotton goods, rice and machinery. The total value of cotton goods imported in the year 1911-12 was £2,434,508, of which £957,- 753 came from the United Kingdom. These figures show an increase of £200,000 in the imports from the United Kingdom; but, as they represent a slight filling off in the percentage of the total, there should still be large openings for British exporters which are not taken advantage of. Machinery to the value of £2,000,000 was imported—that is, to the value of some £750,000 more than in the preceding year. Of this the United Kingdom only secured about £204,000, a decrease of £42,000 in comparison with the previous year. Very considerable sums, however, have been ex- pended on new sugar machinery during the past autumn, and the figures for the next year should show a considerable increase. British goods and trading principles are held in the highest repute, and there can be no doubt that trade will be largely aug- mented when the British merchant realizes that Cuba offers a field for his enterprise, and is more ready to send representatives to the country.—Financial A^czvs, London. CUSTOM HOUSE RECEIPTS Havana's customs collections for August compare as follows: 1913 $1,866,322 1912 1,028,150 1911 1,597,533 1910 1,414,351 1909 1,516,254 1908 ],292,894 NEW CUSTOMS REGULATIONS Hereafter Havana merchants who over- pay customs duties will have the excess refunded at once. Under the former re- gime it was customary for them to take legal action to collect the overcharges. On the other hand when they underpaid the duties they were liable to heavy penalties and immediate payment. The Cuban government is arranging for a national exhibit at the great Panama- Pacific exposition at San Francisco in 1915. General Enrique Loynaz del Castillo has been appointed as representative of the
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