THECUBAREVIEW 31 



THE SUGAR INDUSTRY 



LIABILITIES: 



Capital Stock: 



Preferred $45,000,000.00 



Common 45,000,000.00 $90,000,000.00 



Sundry Reserves: 



For Insurance $8,000,000.00 



For Pension Fund ". 1,000,000.00 



For Improvement of Plants 367,514.84 



For Contingencies 770,190.78 10,137,705.62 



Accounts and Loans Payable 3,999 462.92 



Dividends declared including that payable January 3, 1916, and former divi- 

 dends unclaimed 1,595,904.25 



Surplus : 



Balance December 31, 1914 $17,030,794.46 



Less Amount transferred in 1915 from Profit and Loss Acct . . 701,992.24 16,328,802.22 



$122,061,875.01 



Profit and Loss Account for the Year 1915 



CREDITS: 



Profit from Operations $2,991,465.39 



Interest on Loans and Deposits 880,609.09 



Income from Investments 2,312,646.21 



5,184,720.69 



Add amount of appropriations of former years for Improvements of Plants 

 expended in new construction during 1915 and offset in Depreciation 



on Plant and Equipment below 685,470.76 



$6,870,191.45 

 DEBITS: 



Depreciation on Plant and Equipment $790,304.71 



Appropriations as follows: 



For Pension Fund Reserve $200,000.00 



For Contingencies 281,906.98 481,906.98 



Dividends declared during 1915 6,299,972.00 7,572,183.69 



Amount deducted from Surplus of former years $701,992.24 



CUBA'S TRADE WITH THE UNITED STATES 



Month of January 7 months ended with January 



1916 1915 J916 1915 



Imports from Cuba 13,056,501 7,745,634 90,878,025 73,725,913 



Exports to Cuba 10,057,933 5,815,957 67,485,028 42,853,145 



Month of February 8 months ended with February 



1916 1915 1916 1915 



Exports to Cuba $10,527,455 $5,608,746 $78,016,783 $48,461 ,891 



Imports from Cuba 20,881,464 13,191,900 111 ,759.489 86,917,813 



