28 THE CUBA REVIEW 



Capital Stock of the par value of $618,900 issued and 

 included in cost of Road, held in Treasury, un- 

 pledged, at nominal value of 1.00 30,974.90 



Deficit June 30, 1917 $23,337.09 



Adjustments During Year 6,743.42 



Deficit for year ended June 30, 1918 91,813.50 121,894.01 



$8,238,128.06 

 LIABILITIES. 

 Capital Stock: 



Common — Issued $2,750,000.00 



Common— In Treasury $232,300.00 



Preferred— 1st 7% Non-Cumulative .... 2,750,000.00 

 Preferred — 1st 7% Non-cumula- 

 tive in Treasury 233,600.00 



Preferred— 2nd 5% Non-Cumulative.... 250,000.00 $5,750,000.00 



Preferred — 2nd 5% Non-Cumula- 

 tive in Treasury 153,000.00 



Long Term Debt: 



First Mortgage 6% Bonds due 1929 $600,000.00 



Equipment Trust Bonds: 



First Series $55,000.00 



Third Series 112,000.00 



Fourth Series 126,000.00 



$293,000.00 $893,000.00 

 Current Liabilities and Reserves Against Current Assets: 



Notes payable $1,224,644.55 



Traffic and Car Service Balances Payable 2,597.68 



Audited Accounts and Wages Payable 45,694.93 



Miscellaneous Accounts Payable 47,125.93 



Unmatured Interest Accrued 9,365.20 



Reserve for Doubtful Accounts 2,086.58 1,331,514.87 



Deferred Liabilities: 



Liability for Provident Funds $1,834.86 



Other Deferred Liabilities 100.00 1,934.86 



Unadjusted Credits: 



Insurance Reserve $6,910.36 



Advance from Cuban Government, Repayable in 



services 115,533.74 



Reserve against Sundry Claims 47,515.99 



Accrued Depreciation — Equipment 91,637.24 



• Other Deferred Credits 81.00 261,678.33 



$8,238,128.06 

 Mexican sugar duty f r0 m January 1 of the import duty on 



_. „ sugar of 2Yz cents per kilo, United States 



the Government of Mexico has issued / • ± -\ -, -, ±. 



money (approximately 1.1 cents per 



a decree announcing the re-establishment pound). 



