24 



THE CUBA REVIEW 



THE CUBA RAIL 



STATEMENT OF OPERATION— BY PERIODS— 



YearmdedJune30: 



Gross earnings: 1918 1917 1916 1915 1914 1913 



Passenger $3,181,264.80$2,039,227.04$2,131,957.95$1,673,633.79$1,722,452.38$1,660,223.69 



Mail 179,290.48 109,230.43 129,589.72 123,330.75 106,768.07 109,567.93 



Express 335,895.50 255,625.90 227,165.50 174,551.25 166,466.60 160,828.69 



Baggage 21,729.15 18,116.63 25,503.01 9,098.92 10,425.94 8,438.19 



Freight 6,118,183.50 2,883,006.90 3,442,489.77 2,583,321.21 2,610,781.86 2,156,842.76 



Car Kilometrage— Passenger. 23,999.48 16,425.16 18,844.64 18,955.80 18,856.82 17,073.34 

 Car Kilometrage— Freight... 184,937,59 130,930.01 70,429.46 51,185.23 48,456.38 51,418.31 



Hire of equipment 998,554.35 698,471.07 434,009.36 295,631.38 204,201.80 202,795.66 



Tugs and lighters 



Miscellaneous 265,961.89 107,227.30 131,975.60 93,084.78 66,231.87 111,005.82 



Ajitilla terminals 335,281.06 193,847.93 203,731.80 183,921.04 210,029.12 153,845.44 



Total $11,645,097.80$6,452.108,37$6,815,696.81 $5,206,714. 15 $5,164,670.84 $4,63 2,039.83 



Operating Expenses : 

 Maintenance of way and 



structures $2,017,924.77$1,112,724.53 $656,971.06 $548,217.65 $741,369.85 $644,915.10 



' Maintenance of equipment.. 1,313,335.25 758,702.65 606,192.72 3.55,170,29 351,943.29 324,353.66 



Conducting transportation... 3,482,713.87 2,073,359.47 1,569,883.38 1,218,958.09 1,234,009.21 1,139,607.82 



tGeneral expenses 362,980.23 356,626.14 233,106.05 210,961.00 220,922.90 186,861.14 



AntUla Terminals 264,557.52 228,549.90 232,517.10 145,867.27 145,503.84 120,800.02 



Total $7,441,511.64$4,529,962.69$3,298,670.31$2,479,174.30$2,693,749.09$2,416,537.74 



Ratio of operating expenses 



to gross earnings 63.90% 70.21% 48.40% 47.61% 52.16% 52.17% 



tTaxes $343,342.72 



Operating expenses and taxes. . $7,784,854.36 



Net'earnings $3,860,243.44$1,922,145.68$3,517,026.50$2,727,539.85$2,470,921.75$2,215,502.09 



Otherincome 76,843.74 12,385.90 6,632.84 



Gross income $3,937,078.18$1,934,531.58$3,523,659.34 $2,727,539.85 $2,470,921.75$2,215,502.09 



Interest on funded debt & notes. 1,311,487.58 1,140,715.25 978,244.44 853,855.57 *954,416.66 801,222.22 



Net income $2,625,590.60 $793,816.33 $2,545,414.90 $1,873,684. 28 $1,516,505.09 $1,414,279.87 



*Including $135,000, extraordinary replacements charged off and deducted from income in addition to the 

 fCieneral expenses, years 1905-1917, include taxes. In 1918 taxes are shown as separate item. 



SOUTH PORTO RICO SUGAR CO. 



The Board of Directors of South Porto 

 Rico Sugar Co., has declared the regidar quar- 

 terly dividend of 2% on the preferred stock, 

 payable in cash at the office of Messrs. W. 

 Schall & Co., 45 William St., New York City, 

 ou Oct. 1, 1918, to stockholders of record on 

 September 14, 1918. 



The Board has also declared the regular 

 quarterly dividend of 5% on the common 

 stock of the company, payable in "dividend 

 scrip" on Oct. 1, 1918, to stockholders of re- 

 cord on Sept. 14, 1918; such scrip to be dated 

 Oct. 1, 1918, to be payable on Oct. 1, 1921, to 



bear interest at the rate of 7% per annum, 

 payable semi-annually, and to be subject to 

 redemption on any interest day. Such scrip 

 will be distributed to the common stock- 

 holders by Messrs. Wm. Schall & Co. on Oct. 

 1, 1918. 



AMERICAN BEET SUGAR CO. 



A regular quarterly dividend (No. 77) of 

 one and 50-100 dollars (,$1.50) per share on 

 the preferred stock of this company has been 

 declared payable on Oct. 2, 1918, to preferred 

 stockholders of record at the close of business 

 Sept. 14, 1918. Cheques will be mailed. 



