THE CUBA REVIEW 



25 



PLANTATION CARS OF ALL KINDS 



ALSO THE PARTS FOR SAME 



No. 1012 (Palabra de clave ZPYEZ} 



El grabauo ensena uno de nuestros carros para cafia, con piso de madera. y bastidor, extremes y 

 parades de acero. 



Fabricamos un gran numero de carros para cafia para uso en Cuba, Puerto-Rico, America Central y 

 Mexico, aue tienen jaulas de acero o de madera y construidas para los distintos tipos de carga y descarga 

 de la cana. 



AMERICAN CAR & FOUNDRY CO., NEW YORK, E. U. A. 



Direccion telegrafica: NALLIM, New York. Produccion annual de mas de 100,000 carros. 

 Representante para Cuba: OSCAR B. CINTAS, Oficios 29-31 Havana. 



CUBA COMPANY'S REPORT 



The report of the Cuba company for the 

 year ended June 30th, 1914 shows larger 

 operating expenses, but also an increase in the 

 net income and in the surplus. The figures 

 follow : 



1914 1913 



Gross earnings $4,443,559 $2,761,675 



Oper. expenses 3,284,477 2,038,283 



Net earnings $1,159,082 $723,392 



Earnings (land dept.) 67,487 85,735 



Net income $1,226,569 $809,127 



Charges 32,461 29,900 



Balance $1,194,108 $779,227 



Div. due RR. cos. . . 600,060 400,060 



Total income .... $1,794,168 $1,179,287 

 Interest, etc 369,805 407,768 



Balance $1,424,363 $771,519 



Dividends 685,184 



Suiplus $739,179 $771,519 



Prev. .sur. adjusted . 2,711,625 1,893,144 



Total surplus .... $3,450,804 $2,664,663 



The balance sheet as of June 30 shows cash 



»>n hand New York and Cuba $315,835; cash 



deposited in Royal Bank of Canada to pay 



bond interest $121,270; bills payable $418,464; 



total current assets, $2,762,898; total current 

 liabilities, $1,279,839; and total assets and 

 liabilities, $19,879,367. 



President W. C. Van Home in his remarks 

 to the stockliolders in part says: "All the 

 sugar and molasses have now been sold ex- 

 cept 32,000 bags of sugar which stand in the 

 accounts at the low prices prevailing on June 

 30. The recent large advance in the sugar 

 market in consequence of the wars in Europe 

 will afford on the sugars yet imsold a large 

 additional profit — -about $300,000 at present 

 prices. 



"The prevailing prices for raw sugar during 

 the past grinding season were lower than have 

 ever been known before for any considerable 

 period, and therefore the working profit of 

 $1,159,081 for the season may be taken as 

 evidence of the high character of your sugar 

 establishments. Your two sugar plants were 

 built to an estimated total capacity of 500,000 

 sacks, of 327 lbs., but they produced in the 

 last grinding season more than 600,000 sacks 

 and this unexpectedly large output makes 

 necessary some additional planting of cane 

 which are now going on; and every effort is 

 being made to provide for the utmost capa- 

 city of the mill for the coming season in order 

 to secure the force advantage of the probable 

 continuance of the present high prices." 



An analysis of the condition of the Cuba 

 Railroad by the London statist will be 

 printed in the October issue. 



