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COMPARATIVE BALANCE SHEETS July 31, 1956 December 31, 1935 July 31, 1956 December 31,1955 Assets Cash in Banks and on hand $93839.54 $45434.49 Government Donds 97607.19 97607.19 Other Investments 78541.05 115095.55 Accounts Receivable $17032.98 $25589.50 liotes Beceivable 10355.14 10250.50 27388.12 $5840.00 Least Reserve for Bad Acets. 1000.00 26588.12 1000.00 34840.00 Inventory: 59956.89 44476.31 Claims against Insurance Co. - 57511.75 Suspense - 3851.58 Unexpired Insurance 308.70 980,01 Deferred Expense 1379.57 208.62 Propaid Taxes - 407.44 Land, Building à Equipment 62876.37 61758.45 Now York Office Equipment $414.59 2505.99 65290.76 64147.42 Less* Reserve for Depreciation 16411.66 16411.66 48879.10 47735.76 Secret Process, Patents, Etc. 200000.00 248679.10 200000.00 247735.76 $568691.16 $625908.46 Liabilities Accounts Payable 1784.94 7244.46 Reserve for Federal Texes 96.74 200.00 Reserves for Annuition, a Auditing 819.19 1525.96 Suite: Defense Fund - 247.04 Reserve for Damage mults - 36000.00 Proferred Stock 200000.00 200000.00 Common Stock 58850.00 236850.00 36850.00 256850.00 Surplus: Capital 454554.79 454584.79 Profit & Loss 107394.50 347140.29 110493.57 344041.48 $586691.16 $625908.48

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    "ocrText": "COMPARATIVE BALANCE SHEETS\nJuly 31, 1956\nDecember 31, 1935\nJuly 31, 1956\nDecember 31,1955\nAssets\nCash in Banks and on hand\n$93839.54\n$45434.49\nGovernment Donds\n97607.19\n97607.19\nOther Investments\n78541.05\n115095.55\nAccounts Receivable\n$17032.98\n$25589.50\nliotes Beceivable\n10355.14\n10250.50\n27388.12\n$5840.00\nLeast Reserve for Bad Acets.\n1000.00\n26588.12\n1000.00\n34840.00\nInventory:\n59956.89\n44476.31\nClaims against Insurance Co.\n-\n57511.75\nSuspense\n-\n3851.58\nUnexpired Insurance\n308.70\n980,01\nDeferred Expense\n1379.57\n208.62\nPropaid Taxes\n-\n407.44\nLand, Building à Equipment\n62876.37\n61758.45\nNow York Office Equipment\n$414.59\n2505.99\n65290.76\n64147.42\nLess* Reserve for Depreciation\n16411.66\n16411.66\n48879.10\n47735.76\nSecret Process, Patents, Etc.\n200000.00\n248679.10\n200000.00\n247735.76\n$568691.16\n$625908.46\nLiabilities\nAccounts Payable\n1784.94\n7244.46\nReserve for Federal Texes\n96.74\n200.00\nReserves for Annuition, a Auditing\n819.19\n1525.96\nSuite: Defense Fund\n-\n247.04\nReserve for Damage mults\n-\n36000.00\nProferred Stock\n200000.00\n200000.00\nCommon Stock\n58850.00\n236850.00\n36850.00\n256850.00\nSurplus:\nCapital\n454554.79\n454584.79\nProfit & Loss\n107394.50\n347140.29\n110493.57\n344041.48\n$586691.16\n$625908.48"
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