28 THECUB A REVIEW 



FIDELITY COMMERCIAL AND TRADING COMPANY 



General Balance Sheet showing the condition of the company after closing the books 

 for the fiscal year ended June 30, 1915. Also the enclosed Annual Report and General Balance 

 Sheet as of the same date of the La Maya Valley Land <t Improvement Company, the majority 

 stock of which corporation is the principal asset of the company. 



The cost of administration, taxes, interest, auditing and legal expenses for the year 

 amounted to $3,807.34, which was charged to Profit and Loss, together with $530.27 deprecia- 

 tion on furniture. Income from securities owned, amounting to $303.98, was credited to 

 Profit and Loss. 



GENERAL BALANCE SHEET. JUNE 30. 1915 

 ASSETS 

 Orqamzaiion and CnnftolidaUon: 



Net Balance to date $1,541,639.48 



Secunties of other Companies: 



Appraised value 427,900.00 



Furniture and Fixtures: 



New York Office 108.90 



Underwriting Subscriptions : 



Unpaid balances, secured by 195 shares each of i)referred and common 



stock of this company 5,738.42 



Trustee far Deposit of La Maya Slock: 



Deposit of 4,000 shares guaranteeing debenture issue of La Maya Valley 



Land & Improvement Co 393,000.00 



Accomits Receivable: 



Current Accounts, New York 7,661.78 



€ash: 



In Office and on Deposit 13,560.80 



Profit and Loss : 



Net Balance to date 36,902.97 



$2,426,512.35 



LIABILITIES """""""^ 



Capital Stock : 



Preferred, outstanding $619,320.00 



Common, outstanding 1,379,579.00 



$1,998,899.00 



Umlerwriting Su bscripiions : 



Unpaid balances 5,738.42 



Bills Payable: 



Acceptances 15,000.00 



<jHara7itee of La Maya Debentures: 



Covering payment of principal and interest of entire issue 393,000.00 



A ccou7its Pay a ble : 



Current Accounts 13,874.93 



$2,426,512.35 



VALENCIA, SPAIN. 1914 



Hardwood imports totaled 781 metric tons, of which 567 tons were from Cuba. This mate- 

 rial is consumed in the thriving cabinet-making industry of the region, which has succeeded 

 so far in preventing competition of foreign furniture. 



