2S THE CUBA REVIEW 



In addition to these lands, there are about 1,500 caballerias (50,000 acres), owned b 

 outsiders, which are situated within the area covered by your railroads so that the tot; 

 zone aggregates 9,781 caballerias (326,060 acres). 



When actual surveys of land purchased last year were completed, a net addition; 

 payment of 832,316.61 was made in adjustment. 



The map appended to this (pamphlet) report shows the position of the lands of Manat 

 bounded on the north by the sea, on the east by the Cuban-American Sugar Company, o 

 the south by the Cuba Railroad Company, and very close to the Cuba Cane Sugar Corpora 

 tion properties on the west. 



Railro.-U)S 



The railroad now consists of 210 kilometers (131 miles) of 36-inch gauge — 13 kilometer 

 (8 miles) of 36-inch gauge having been converted to standard gauge during the year- 

 connecting the mill with the Company's dock at tidewater and the Cuba Company's railroai 

 at Manati Junction, and extending in all directions into the Company's cane fields 



In addition to the 210 kilometers of 36-inch gauge railroad Hne, the Ferrocarril de Tuna 

 (controlled by your Company) has completed about 53 kilometers {ii miles) and will sooi 

 complete an additional amount of 18 kmts. (11 miles) of standard gauge railroad through th 

 lands of the Company, which, in conjunction with existing railroad lines, will connec 

 jManati Bay with \'ictoria de las Tunas. This Railroad will haul cane to your mill a 

 well as transport merchandise from the port of Manati to the inland portions of this sectioi 

 of the Island of Cuba. 



The rolling stock consists of: 



96 locomotives, 25 tank cars, 163 flat cars, 4 auxiliary cars. 



200 cane cars, 10 box cars, 6 passenger cars, 4 cabooses. 



Through error the number of 36-inch gauge cane cars was incorrectly stated in las 

 year's Annual Report. 



Standard Gauge (Property of Ferrocarril de Tunas) 

 6 locomotives, 100 cane cars, 20 flat cars, 20 box cars. 



During the year 80 flat cars have been converted to cane cars and 2 locomotives, 2C 

 cane cars, 20 box cars and 20 flat cars added to the standard gauge equipment. 



Property and Plant Account 



Property and Plant Account October 31, 1920 $16,189,573.51 



Expenditure During the Past Fiscal Year: 



Lands, adjustment after surv'ey 832,316.61 



Sugar Mill and Equipment 714,322.35 



Railroad Lines and Stations 144,859.50 



Shipyard, Railroad Repair Shop, Building at Wharf and ^Miscellaneous 



Improvements 137,048.11 



1.028.546.57 

 I 



Total vS17,21S.120.08' 



Less: Standard Gauge Railroad Equipment transferred to Ferrocarril de Tunas 194.495.13 



Total, as per Balance Sheet October 31, 1921 $17,023,624,951 



The item $587,690.15 which appears on the Balance Sheet as Contingent Liability onl 

 Contracts and Orders represents purchases of machinery not yet installed, for increasing! 

 the capacity of the mill and of additional roUing stock. i 



Receipts and Expenses — Fiscal Year Ended October 31, 1921 



Receipts (Production 400,400 Bags)— Per Bag 



Sugar Sales, f. o. b. Basis *S5,493,860.37 *$13.721 



Molasses Sales x40,000.00 x. 100 



.Miscellaneous Operating Income 314,010.05 .784 



Total Receipts 85,847,870.42 $14,605 



