There still remain hundreds of thousands of acres of well watered and well drained lands, that possess all the conditions desired for stock raising. Much of the territory formerly devoted to grazing has been recently planted in sugar cane, owing to the high prices of sugar, resulting from the European War. In spite of this fact there are still large tracts in nearly every province of the Island that not only are available for stock raising, but would, if sown in grasses and forage plants, produce, under proper management, returns per acre quite as satisfactory as those derived from sugar cane. In both Havana and Matanzas Provinces good lands command a price that is rather prohibitive for grazing purposes. But in Pinar del Rio, and the three large eastern provinces of the Island, there are still extensive tracts, both in the level sections, and in the foothills, that are ideal grazing lands, and if not absorbed in the near future by the cane planters, these lands will eventually, owing to their advantages for stock raising, yield revenues quite as satisfactory as those of any other in the Republic. These lands can be secured at the present time, in large tracts, at prices varying from $15 to $50 per acre, and if properly administered, will easily yield an annual net return from 25% to 50% on the investment. One prominent stock raiser in the Province of Camaguey, an American who, starting with nothing, has built up a very tidy fortune in the last ten years, stated that his return in the year 1918 represented a profit of 104% on his capital invested. This excellent showing, however, may have resulted from the practice of buying calves at low figures that have been dropped in less advantageous sections, and removing them to rich potreros where they were quickly fattened for the Havana market. Cuba at the present time is importing approximately $10,000,000 worth of pork and pork products annually, notwithstanding the fact that this Island, owing to exceptional conditions for raising hogs economically, could not only supply the local demand, but could and will ultimately, export pork products to all of the Latin American countries bordering on the Caribbean Sea and the Gulf of Mexico. Hogs breed twice a year in Cuba, and the climate, free from extremes of heat or cold, enables probably a larger percentage of the young to be brought to maturity, with less care and less risk, than in any section of the United States. Science today has rendered it possible to eliminate the danger from contagious disease to pork; hence it is that raising of small stock, especially hogs, under the supervision of intelligent management, is bound to prove one of the most remunerative industries of this country.