THE CUBA REVIEW 23 



Operating Profits Per Pound of Sugar 



The Operating Profits, per pound, for the past six years, are as follows: 



1916-17 1917-18 1918-19 1919-20 1920-21 19 21-22 



Receipts 4.479c. 4.630c. 5.398c. 10.345c. 3.891c. ,2.276c. 



Production cost 3.431 3.998 4.606 8.523 4.355 1.945 



Operating Profit 1.048c. 0.632c. 0.792c. 1.822c. Loss .464c. 0.331c 



Comparison of Crops Made by Your Company 



The production for the past six years has been divided between the Western and 

 Eastern Estates as follows: 



Western Eastern Total 



Bags Tons Bags Tons Bags Tons 



1916-17 2,383,866 or 345,373 877,755 or 127,169 3,261,621 or 472,542 



1917-18 2,437,926 or 351,742 1,175,399 or 169,586 3,613,325 or 521,328 



1918-19 2,653,620 or 382,783 1,665,569 or 241,318 4,319,189 or 624,101 



1919-20 2,130,519 or 308,570 1,633,396 or 236,584 3,763,915 or 545,154 



1920-21 2,367,614 or 343,546 1,610,488 or 233,220 3,978,102 or 576,766 



1921-22 1,585,303 or 227,744 1,794,448 or 257,259 3,379,451 or 485,003 



Production of the Eastern Mili,s in Detail 



The following table shows the production of each of the Eastern mills during the 

 past six years: 



1916-17 1917-18 1918-19 1919-20 1920-21 1921-22 



Moron 181,045 



Stewart 378,097 



Jagueyal 251,013 



Lugareno 67,600 



Violeta 



877,755 1,175,399 1,665,569 1,633,396 1,610,488 1,794,448 



Lands 



Your Corporation owns in fee 13,106 caballerias (436,867 acres) of land and holds 

 under lease 10,210 caballerias (340,333 acres) of land, many of these leases being for 

 long periods. The total lands owned and leased therefore are 23,316 caballerias 

 (777,200 acres). 



Railroads 



Your Corporation now owns and operates for the transportation of its products and 

 supplies 1,404 kilometers (872 miles) of railroad, of which 1,036 kilometers (645 

 miles are standard gauge and 368 kilometers (229 miles) are narrow gauge, together 

 with equipment consisting of 164 locomotives, of which 112 are standard gauge and 52 

 narrow gauge, and 4,017 cane and other cars, of which 2,726 are standard gauge and 

 1,291 narrow gauge. 



Property Account 



Original Cost of the 17 Plantations, Including Taxes, Notary Fees, etc $48,983,296.68 



Additional Purchases: 



Central Stewart $8,400,000.00 



Central Violeta 3,568,819.81 



Warehouses 159,600.00 



Lands 4,634,236.29 



Taxes, Notary Fees, etc., thereon 207,707.09 



$16,970,363.19 

 Less Sale of Centrals, Lands, Machinery, etc 3,178,198.58 



$13,792,164.61 



