EE 
82 THE CUBA REVIEW 
$1,786,675 .82 
$1,786,675. 82 
$3,767,687 .25 
SIN MER CEALRYET ee GM RCTS l veer tx oP ects stay seis bay, 9h are H os masye ern sgs: stagsdNnee hn Tas 
Net Rarninoe for the Dintsion for 1920.0... 655 ci eke ta cewise eevee 
STATEMENT OF OPERATION OF THE RAILWAY DIVISION FOR THE YEAR ENDING 
DECEMBER 31, 1920 
OPERATING EXPENSES: 
ETH LCNIANICE eer Os hic cs WE eels se Pcie oy $653,498 : 94 
MRIIT ORO 4.5 Sarma sore sacle es hohe cede tle sts 2,505, L07 .93 
PGETIELAI Cetera RE eae ctioe ci oe ee he ee 295,450. 20 
REE LITIGNCONITIFOUSCS sco ocr S wisi See Ok rere Sale sueisvese ales 41,511.27 
SGU NEPALI HLEDENRERS oases xn vee. 8 Se eda Sew pa ee $3,495,568 . 34 
Nenbarnings jon Operation for L920) ooo. se cae ews ess woes chee ee 1,631,116 .38 
$5,126,684 .72 
Nay sl yes Us che eke Gro cro EOIN se ci iertca tree ACI Gre Reyes aes See 2 $557,214.14 
TRON RES ES ar ar oar ens ee eR Bee ee aay Sa CRS 101,949.80 
MP RRREIEUINCN ris. Ek lam sints sinhis s+ + ewidok hays ord ee Sick Sieg eal eMeeenE 3,368 . 34 
EES ERRES EE CSR P OMNI OT fe xa <5 2 Sherer, 5 1s reius le eis alcer eee een ee 381,396.45 
Memlimcome TON the Division jor 1920.33 dtc ok ewes oad cine ee ee eee 587,187.65 
$1,631,116.38 
EARNINGS: 
eae arnings....... - ieee enema 
Miscellaneous Earnings................. 
Gasoline Omnibus Earnings............. 
MPACUTIULTUGS «5. oo 5 eo os ee 
Net Earnings from Operation for 1920......... 
$4,986,829 39 
92,905.14 
46,950.19 
$5,126,684.72 
$5,126,684. 72 
$1,631,116.38 
$1,631,116.38 
The West India Sugar Finance 
Corporation 
Notice has been given that coupon 
4 and all subsequent coupons covering 
interest due on and after June 15, 1921, 
on the 7% Secured Sinking Fund Gold 
Bonds of the West India Sugar Finance 
Corporation will be paid at the office of 
the Trustee, The Guaranty Trust Com- 
pany, 140 Broadway, New York. 
American Beet Sugar Co. 
With a production last season of 
1,461,799 bags of sugar, representing an 
increase of 35 per cent over the previous 
year, the American Beet Sugar Company 
ended its fiscal year 1920-21 on March 
31 with net earnings of $431,058.50, and 
a deficit, after deducting dividends pay- 
able on the preferred stock at the rate 
of $6 a share, of $166,491, as compared 
with a surplus of $925,810 at the end 
of the year 1919-20. 
The Cuban-American Sugar Company 
Preferred and Common Dividend 
The Board of Directors has declared the 
following dividends: On the Preferred 
stock, a dividend of $1.75 per share; on 
the Common stock, a dividend of Fifty 
Cents ($.50) per share, payable July Ist, 
1921, to stockholders of record at the 
close of business on June 15th, 1921. 
The transfer books will not be closed. 
Checks will be mailed. 
