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Industrial Cuba

Note 1 — Chapter XXV · TRANSPORTATION

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The following shows the precise value of both the Spanish Alfonsino and the French Napoleon, with the inflated value. It also shows the cost of Spanish silver in Havana in September, 1898. These facts are necessary to a complete view of the subject of Cuban currency:

STATEMENT SHOWING VALUE OF UNITED STATES GOLD IN COMPARISON WITH SPANISH%AND FRENCH GOLD AT ACTUAL LEGAL-TENDER VALUE

Spanish Alfonsino$5.30

French Napoleon4.24

Spanish Alfonsino, value in Havana$5.30

Value in United States mint ($4.80 less shipping expenses)4.776

$0.524

Exchange 10-31/32%

French Napoleon, value in Havana$4.24

Value in United States mint ($3.84 less shipping expenses)3.8208

$0.4192

Exchange 10-31/32%

Value of $5, less ½% shipping expenses $4.975. At 10-31/32%.....$5.53

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