. The Cuba review. Cuba -- Periodicals. 26 THECUBAREVIEW The following is the result of the operations of the Guantanamo Railroad for the years ending June 30: Gross income Operating expenses and taxes . Depreciation Net earnings from operations. Interest charges. Profit $18, $21, *$29, ?Deficit. The Company's properties have been maintained in good condition and all necessary repairs effected. The rainfall for the present year up to date compares favorably with that of last year, and the prospects are that the company will have all the cane the factories can handle, if the l
. The Cuba review. Cuba -- Periodicals. 26 THECUBAREVIEW The following is the result of the operations of the Guantanamo Railroad for the years ending June 30: Gross income Operating expenses and taxes . Depreciation Net earnings from operations. Interest charges. Profit $18, $21, *$29, ?Deficit. The Company's properties have been maintained in good condition and all necessary repairs effected. The rainfall for the present year up to date compares favorably with that of last year, and the prospects are that the company will have all the cane the factories can handle, if the labor ituation does not seriously affect the cutting and handling of cane. s BALANCE SHEET, SEPTEMBER, 30, 1917. ASSETS Cust of Properties: Real estate, cane Ixnds, buildings, e |ui])nient and other permanent investments $4,757, Betterments charged to surplus .July 1, 1911, to .Tune 30, 1915 425, $4,.331,749.(jti Advances to Guantanamo Railroad Company 788, 7,649 Shares held in the Guantanamo Railroad Company 1-00 Current and Working Assets: Growing crops carried over to 1917-1918 Season $203, Inreritories: Raw Sugar on hand, 1,001 bags $11, Molasses . 31, Stores and supplies at cost 289, Spare parts at cost 42,. — 374, Insurance unexpired, etc -oa'Ioa't^ Sundry accounts receivable and advances to colonos .-528, Cash on hand and in banks (New York and Cuba) 618, 1,752, $6,871, LIABILITIES. Capitil Stock: Authorized—60,000 shares of $.50 each .«3,000,0() Issued and outstanding—60,000 shares of $50 each $3,000,000,00 Current Liabilities: Sight drafts $75, Accounts pavable 160, DiWdends. .'. 75, Unerperided Funds: For 1917 dead season current repairs and maintenance $45, For depreciation and extraordinary repairs 695, For depreciation of live stock 61, For Replanting 214, Balance at'june 30, 1916 $2,203, j^dfj—Profit on operations of the fifteen
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