26 THECUBAREVIEW 



CuBRFNT Assets and Growing Cane: 



riantPd and Growing Cane $l.sT.n48.54 



Advancos to Colonos and Contractors 7,052.30 



.Matt-rials and Sniiplit's 113,521.31 



Snjrar and .Moljisscs on Hand at i)rices sulisciincntly 



•realized (except as to VJ.Oiio liags still unsiiipped, 



Itnt contracled for with the K<|nalizat ioii P.oard, 



at net e(.ntra<-t i»ric(>) 74R,338.57 



Accounts I{ecei\;ihle 50,4(38.85 



Suhscri|ilioii to liiitcd States 4%'^/i Lib- 

 erty IliMids ' $1(».000.<M) 



Less— I'niiKilnrcd liistalinents 8.<MM>.<K) 2.000.00 



Gash in Hanks and on Hand 1 1 5..5.55.S5 



.Vccnied Interest Ke.eiv alile 5I.'.»5 1,231,840.37 



Company's I^inhs (Km Iloiidst 89,122.50 



Treasiiky Stock 



Preferred— 1.3 IS shares. ( Xoniiual \:iliie> .$ l/iO 



1S2 shares, at cost 13,2n7.r><> 13,2(i8.50 



Sinking Fnnd for I'.onds. iie|.osited witli Trustee 89,122.50 



DEi-ERRKn Charges to Operations: 



TTiiexi)ired Insurance .$l,."i7tt.95 



Roi)airs applicable to i;il'.t-i:>L'o Cioii 9.(!04.nO 



Miscellaneous 4,350.02 1.V>20.17 



$4,830,574.91 



(;i;m;kai> p.alanck siii;i:t 



IdAP.ILITIKS 

 Capital Stock — .Vutlioiized and Issued: 



7% Cunuilative I'referred .$1,000,000.00 



Connnon 1.75<^t.OOO.Of> .$2,750,000.00 



♦First MoRT(;A(iK Oc; Si.xkinc; Find (Joi.n RoNn.s — Die 



1927 700,000.00 



Ci'RRENT Liabilities: 



Notes I'ayable .$893.122..50 



.\ccounts I'ayable 87,3.59.81 



.Vccrued Watres 2,080.93 



Ac(rne<l Interest ,50.88 982,626.12 



Reserve eor Depkeciaiion : 



Manufa<-turin;r Plant .$0f»,7t2..30 



Puildinjrs 19,or,0..39 



Railroad and Polliiii,' Slock 11.004.79 91,413.48 



SrHPi.rs: 



P.alance from previous year $120,233.,33 



I>ess Income taxes and minor adjustments 27,001.20 



$92,029.07 

 Prolit for Year, subject to Fxcess Prolits Tax and 



Income Taxes 280,043.24 



$372,072.31 

 Less dividends declared and paid on Preferred Stock. 00,137.00 312,535.31 



$4,836,574.91 



Note: The above surplus is subject to dividends of 1%% on the preferred stock 

 and 1 % % on the corainon stock, declared June 27, 1919, and payable November 1, 1919. 



♦Reduced September 18, 1919, to $600,000. See Report. 



