THECUBAREVIEW 25 



CUBA CANE SUGAR CORPORATION 



BALAN'CE 8HEET, SEPTEMBER 30, 1917. 

 ASSETS 



Properties and Plants $62,898,964.66 



Machinerj' and Construction Material on hand 1,540,866.76 $64,439,831.42 



Current Assets Advances to Colonos and Growing Cane : 



Cultivations — Company Cane $1,845,732.11 



Materials and Supplies 3,077,125.60 



Advances to Colonos less Reserve for Doubtful Accounts . . 5,502,720.02 



Advances to Stores and Sundry Advances 151,244.30 



Centrifugal and Molasses Sugars: 



On hand at September 30, 1917, Valued at Net sold 



Prices, less Shipping and Selling Expenses 3,427,624.37 



Molasses on hand 155,562.35 



Accounts and Bills Receivable, less Reserve for Doubtful 



Accounts 1,330,131.76 



Cash 739,348.72 



Cash on Deposit to meet Preferred Dividend due Oct. 1, 



1917 875,000.00 17.104,489.23 



Security for Redemption of Liens and Censos on Properties : 



Cash deposited with Trust Company and Bank $1,303,698.77 



Bonds of Cia. Central Mercedes deposited 60,000.00 1,363,698.77 



Deferred charges: 



Insurance, Rents and Taxes paid in advance $389,326.49 



Items in Suspense 45,075.95 434,402.40 



$83,342,421.86 

 LIABILITIES 



Declared Capital $52,500,000.00 



500,000 Shares 7% Cumulative Convertible Preferred 

 Stock, par value, $100 each. 



500,000 Shares Common Stock, without nominal or par value. 



Drafts Outstanding $1,059,682.89 



Accounts Payable and Accrued Charges 9,504,286.76 



Preferred Dividend No . 7 (Payable Oct. 1, 1917) 875,000.00 11,438,969.65 



Liens on Properties— Cash Deposited per contra $649,313.36 



Censos on Properties— Cash Deposited, per contra 654,385.41 



Bonds of Cia. Central Mercedes, owned by Corporation and 



Outstanding as Guarantee, per contra 60,000.00 1,363,698.77 



Reserves : 



Taxes etc $1,286,471.00 



Depreciation 3,000,000.00 4,286,471.00 



Deferred Credits: 



Items in Suspense 8b,75/./4 



Surplus Account 



Balance 13,666,524.70 



$83,342,421.84 



