32 THE CUBA REVIEW 



Deferred Charges: 



Unexpired Insurance 821,826.29 



Interest and Commission, Paid in Advance 65,000.00 



Advance Payments, Cuba 2,656.50 



Items in Suspense, Cuba 1 ,509 . 19 



90,991.5 



825,762,509.5 



LIABILITIES 

 Capital Stock: 



Preferred Stock 7% Cumulative: Authorized 85,000,000 Issued 3.500,000.0 



Common Stock: Authorized 815,000,000.00; Issued 10,000,000.0 



Purchase Moxey Mortgages on Cubax Lands 1,037,204. 



Payable over a period up to 1933, inclusive. 



Current ant) Accrued Liabilities : 



Acceptances against crop 1921-1922 81,925,000.00 



Notes Payable 3,175,000.00 



Drafts Outstanding 78,355 . 40 



Colonos' Accounts Payable 130,571 .89 



Accounts Payable 388,863 .84 



Estimated Expenses on Unshipped Sugars 161,100.00 



Advances Against Sugar (8337,772. 15 Since Paid) 1,149,367.15 



Salaries and Wages Accrued, Cuba 21,904.40 



Federal and State Income Tax withheld 119.04 



Dividend on Common Stock Scrip ^ 52 . 50 



7,025,334.2: 



Reserves : 



For Federal, State and Cuban Ta.xes 819,728.69 



For Depreciation 2,380,000.00 



For Possible Decline in Value of Unsold Sugar 225,000.00 



For Materials and Supplies 150,000.00 



For Colonos' Accounts 250,000.00 



3,024,728.6! 



Surplus 1,175,241.71 



Contingent Liability on Contracts and Orders for IVIaterial and 



Supplies not yet Delivered 8587,690. 15 



825,762,509.5: 



Exports of United States Shoes 



The study of existing export conditions in tlie boot and slioe trade for the nine- 

 months period ending September, in the years 1919, 1920, and 1921, is most helpful 

 to the American manufacturer in his selection of a suitable market for goods produced 

 in his factoiy. 



January-September 



Per cent, of Total Exports Rank 



1919 1920 1921 1919 1920 1921 



Exports of men's boots and shoes 12.8 14.1 7.8 2 13 



Exports of women's boots and shoes 19.9 21.5 23.4 111 



Exports of children's boots and shoes 48.5 53.2 35.5 112 



Of the total number of pairs of men's slioes received by foreign countries, Cuba 

 received the third largest quantity; of the women's shoes exported during January- 

 September of 1919, 1920, and 1921, Cuba took the largest share; the exportation of 

 children's shoes to Europe, exclusive of Norway, during the 1921 period exceeded the 

 Cuban shipments by 191,450 pairs. 



