THECUBAREVTBW 25 



The company lias 20,665 stockholders, with average holdings of 44 shares each. 



According to the report, $564,124.70 has been paid out in pensions, $143,204.22 in 

 sick and injury benefits, and $55,800 in group insurance. At the end of tlie year 

 there were 8,187 employees insured with policies aggregating $5,755,600 covered in 

 one of the largest policies ever written. All employees are insured after three 

 months' service, Avithout chai'ge to them. The company maintains stock purchasing 

 plans under which employees on the Administrative, Sales and Clerical Staflf have 

 purchased 5,823 shares of a par value of $582,300. 



THE AMERICAN SUGAR REFINING COMPANY 

 AND ITS CONSTITUENT COMPANIES 



CONDENSED GENERAL BALANCE SHEET, DECEMBER 31, 1919 



ASSETS 



Real Estate and Plants, including Refineries, Wai'ehouses, Cooperage, 

 Railroads, Tank Cars, Tank Steamer, Coal Barges, Wharves and 

 Stables, .with their machinery and equipment, and timber and 

 other lands owned in fee or through ownership of the entire 



Capital Stock of constituent companies, at cost less depreciation. . .$45,852,454.04 



Investments, General 22,.59oi445.05 



Investments, Insurance Fund ; 9'o0o!o00.00 



Investments, Pension Fund . . . /. 2,000,000.00 



Investments, Improvement of Plants Fund 7,367,514.84 



Investments, Trade aiark Advertising Fund 2'500,'o00.00 



Investments, Employees' Insurance Fund OOo'oOO.OO 



Merchandise and Supplies, including raw and refined svigar, syrup, 

 molasses, material in process of manufacturing, boneblack, cooper- 

 age and other stock and supplies on hand ' 15 033 491.02 



Prepaid Accounts, Insurance and Taxes '507'58o'o5 



•^o^ns .5,58li069!85 



Accounts Receivable 5 gg^ 400.44 



Accrued Income, Interest earned and dividends declared Init not vet ' ' ' . 



collected : . . 1,042,061.88 



Cash on hand, with Trust Companies, Banks and Short-term Loans... 28,161,879.19 



$147,427,896.86 



LIABILITIES 

 Capital Stock: 



Preferred $45,000,000.00 



Common 45,000,000 00 $90,000,000,00 



Sundry Reserves : 



For Insurance $9,500,000.00 



For Pensions 2,000,000.00 



For Improvement of Plants 7,367,514.84 



For Trade Mark Advertising 2,500,000.00 



For Employees' Insurance 600,000.00 



For Contingencies 1,398,904.88 23,366,419.72 



Accounts, Taxes and Loans Payable ■ 8,973,359.98 



Dividends declared payable January 2, 1920, and former dividends 



unclaimed 1,935,978.75 



Surplus : 



Balance December 31, 1918 .$21,.383,4.32.91 



Add Amount transferred in 1919 as stated in Income 



and Profit and Loss Statement 1,768,705.50 23.152,138.41 



$147,427,896.86 



