22 THECUBAREVIEW 



THE CUBAN-AMERICAN SUGAR COMPANY 



ANNUAL REPORT FOR THE FISCAL YEAR ENDED SEPTEMBER 30. 1916 



The production of raw sugar for the year was 268,310 tons (of 2,000 pounds) as compared 

 with 236,401 tons for the year ending September 30, 1915. While the tonnage of cane ground 

 was less then in the previous year, the production of raw sugar was the largest in the history 

 of the Company; due to favorable weather conditions the percentage of sucrose in the cane was 

 exceptionally high. 



The operations of the raw sugar mill at Gramercy, La., were suspended in the fall of 1915. 

 It was found more advantageous to dispose of the cane elsewhere. 



The tonnage of cane ground and the year's output of raw and refined sugar for the last two 



years appears in the following table: 



1915-16 1914-15 



Cane ground 2,188,047 tons 2,218,168 tons 



Rmv Sugar Production . (flags 320 Lbs) {Bags 320 Lbs) 



Chaparra 623,040 525,088 



Delicias 436,889 315,872 



Tin-uaro 248,536 236,956 



Unidad 116,547 84,472 



Mercedita 76,521 93,617 



Constancia 175,407 196,055 



Gramercy, La -5,447 



Total 1,676,940 1,477,507 



or 268,310 tons or 236,401 tons 



Refined Sugar Production.: 



Cardenas Refinery, Cuba 24,996,597 lbs. 14,713, 144 lbs. 



Gramercy Refinery, La 117,513,196 lbs. 154,954,482 lbs. 



The net profit ot the Company for the fiscal year amounted to $8,235,112.39, after deduct- 

 ing $729,338.68 for depreciation on Buildings, Machinery and Equipment. Ample provision 

 has been made for doubtful Colonos' Accounts and for the year's proportion of the cost of 

 original plantings. 



During the fiscal year $768,408.69 has been expended on the acquisition of additional lands 

 in Cuba, consisting of virgin cane lands adjoining the extensive territory of Chaparra, and of 

 the Asuncion Estate, adjacent to Mercedita. The latter purchase strengthens and completes 

 Mercedita with a cane supply commensurate with this modern and efficient house. 



The total acreage now owned and leased by the Company is as follows: 



Acres In Cane Per Cent 



Owned 448,640 



Leased 



146,579 32 



16,713 7,815 47 



465,353 154,404 33 



These lands have been carefully acquired during a periotl of sixteen years. While, as 

 shown, one-third is devoted to cane, a necessary part is devoted to pastures and other uses; 

 there remain available for such further development as the company may elect to make in the 

 future, over one hundred thousand acres of fertile soil, expecinlly suitable for cane. 



During the year improvements of the plants have involved the expenditure of $1,902,018.11 

 on factory buildings, mills and machinery, dwellings and SL'hools, new warehouses, railroad 

 extensions and equipment. 



