THE CUBA REVIEW 



31 



K. 



Miscellaneous Expenses. 



Batabano Wharf 



Dredging at Bat aban6 



Mileage and Demurrage 



Rents 



Accident;;, Losses, Damages 



Omnibuses and Carts. . . , 



Rolling Stock Hire 



Miscellaneous Expenses paid 



through London Office 



Incidental Kxpenses 



Running Powers 



Total 



Year ended June 30, 1915. 



Year ended June 30, 1916. 



CAPITAL EXPENDITURE- YEAR 1915-1916. 



Completed Works 



£ s. d. 



Rolling Stock 219,470 19 4 



Perman entWay. . . . ^ , 3,044 1511 



New Plant and Equipment ^ „ 2,890 6 6 



Land Purchases 11,025 10 2 



Stations, Buildings, etc 2,236 Oil 



Sundries . ,_ I34 9 



, . , 2.39,408 1 10 



.4'W — Works m Progress, as at June 30, 1916 188,864 15 3 



428,272 17 1 

 Less — -Works in Progress, as at June 30, 1915 ■ 216,123 10 6 



212,149 6 7 

 Less — Withdrawals from Service and other Capital Credits 25.262 8 11 



£186.886 17 8 



SUGAR PLANTERS CORPORATION 



A new financing corporation organized 

 to operate in Cuba, has recently made public 

 its plans. The company is to be known as 

 the Sugar Planters' Corporation, and offices 

 have been opened by the organization at 27 

 William Street, Xew York. The directorate 

 of the new organization is as follows: 



Manuel Ajuria, Senator of Havana, C\iba; 

 De ^^'itt Baile}^ Vice-president and counsel 

 of the compan}', Sir illiam Beardmore, 

 Bart., of Glasgow, Scotland; Thomas Coch- 

 ran, of J. P. Morgan & Co., Xew York; Dr. 

 Orestes Ferrara, President of the Cuban 

 House of Congress, Havana, Cuba; John S. 

 Fiske, president of the company; Frederick 

 E. Gunnison, Vice-president ol the Lawyers' 

 Title & Trust Companj'; August Heckscher, 

 capitalist; T. A.. Howell, of B. H. Howell, Son 

 & Co., Xew York; Minor C. Keith, Vice- 

 president of the United Fruit Company, Xew 

 York, and C. J. Schmidlapp, Vice-president 

 of the Chase National Bank. 



This organization is capitalized at •'?7.50,000 

 of 7 per cert cumulative preferred stock and 

 7,500 shares of common stock having no par 

 value. This stock will not be offered for 

 sale publicly, and it is understood in sugar 

 circles that the stock has already been 

 heaviu' oversubscribed . 



The compam- will not, according to the 

 announcements circulated engage in sugar 

 manufacturing, but will confine its activities 

 to advancing loans to Cuban sugar planters 

 and assist them in marketing their crops. 

 The prospectus of the corporation states: 



"It is with the idea ot assisting smaller 

 planters over periods of financial stress and 

 of lending them expert help in marketing 

 their crops that the Sugar Planters' Corpora- 

 tion has been organized." 



HAWAIIAN SUGAR CROP 



The estimate of the Hawaiian Sugar Plant- 

 ers Association for the 1917 sugar crop totals 

 633,920 tons. 



