26 THE CUBA REVIEW 



Ic. per pound to 1.60c. per pound, imposed under the U. S. Emergency Tariff Act 

 The construction of the Ferrocarril de Tunas, 71 kilometers (44 miles) mentioned in th( 

 last Annual Report, is now nearly completed and will link Manati Bay with Victoria de la: 

 Tunas, on the Cuba Railroad in the middle of the Island, by standard gauge railroad. Ii 

 the Balance Sheet herewith annexed the item of $1,277,933.89 advanced to Ferrocarril d< 

 Tunas (which is controlled by your Company) represents expenditures in the constructior 

 and equipment of this railroad to October 31, 1921. 



The Cuban laborer has accepted a reduction in wages more readily than might have 

 been anticipated. Wages, however, are not yet as low as they were in pre-war times 

 although sugar prices have gone below those ruling before the war. 



With modern machinery, plenty of cane and ownership of its own railroads and shipping 

 port, your Company is in a position to produce sugar cheaply. 



Cane Ground 



The total quantity of cane ground this crop, as compared with previous crops, is as 

 follows : 



1913-1914 15,084,788 arrobas or 168,357 tons of 2,240 lbs 



1914-1915 24,424,795 arrobas or 272,598 tons of 2,240 lbs 



1915-1916 30,240,929 arrobas or 337,510 tons of 2,240 lbs 



1916-1917 43,332,198 arrobas or 483,618 tons of 2,240 lbs.| 



1917-1918 44,406,976 arrobas or 495,613 tons of 2,240 lbs." 



1918-1919 53,948,516arrobasor602,104 tons of 2,240 lbs. 



1919-1920 38,658,614 arrobas or 431,458 tons of 2,240 lbs. 



1920^1921 46,624,878 arrobas or 520,367 tons of 2,240 lbs. 



Sucrose Content in the Cane 



The sucrose content of the cane this crop was 1.270 pounds less, per 100 lbs. of cane 

 ground, than in the case of the previous crop and was the lowest with one single exception of 

 any year in the Compan^^'s history. 



The sucrose in the cane for the past eight crops has been as follows: 



1913-1914 13,535 lbs. of sugar per 100 lbs. of cane ground 



1914-1915 11,928 lbs. of sugar per 100 lbs. of cane ground 



1915-1916 14,487 lbs. of sugar per 100 lbs. of cane ground 



1916-1917 13,994 lbs. ot sugar per 100 lbs. of cane ground 



1917-1918 13,428 lbs. of sugar per 100 lbs. of cane ground 



1918-1919 14,061 lbs. of sugar per 100 lbs. of cane ground 



1919-1920 14,377 lbs. of sugar per 100 lbs. of cane ground 



1920-1921 13,107 lbs. ot sugar per 100 lbs. of cane ground 



Losses in Manufacturing 

 The losses in manufacturing during the eight crops may be seen by the following figures: 



1913-1914 2.447 percent. 1917-1918 2.597 percent. 



1914-1915 2.019 percent. 1918-1919 2.529 percent. 



1915-1916 2.982 percent. 1919-1920 2.522 percent. 



1916-1917 2.933 percent. 1920-1921 2.299 percent. 



While there was a decrease in the losses of .223% as compared with the previous year 

 there is still room for improvement. 



Yield of 96-degree Centrifugals 

 Notwithstanding the decrease in the Losses in Manufacturing, the yield this year was 

 below that of last year and also below that of any other year of your Company's operation, 

 with one exception. This was due to the low sucrose content of this year's cane. The 

 yield of 96-degree centrifugal sugar during the eight crops has been as follows: 



1913-1914 11.550 lbs. ot 96" sugar per 100 lbs. of cane ground 



1914-1915 10.322 lbs. of 96° sugar per 100 lbs. of cane ground 



1915-1916 1 1.984 lbs. ol 96° sugar per 100 lbs. of cane ground 



1916-1917 11.522 lbs. of 96° sugar per 100 lbs. of cane ground 



1917-1918 11.282 lbs. of 96° sugar per 100 lbs. of cane ground 



1918-1919 12.013 lbs. of 96° sugar per 100 lbs. of cane ground 



1919-1920 12.349 lbs. of 96° sugar per 100 lbs. of cane ground 



1920-1921 11. 259 lbs. of 96° sugar per 100 lbs. of cane ground 



