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STATES CORPORATION CONPARATIVE BALANCX Jamery 31, 1945 - Decembar 31, 1944 Incresse or January 31, 1945 December 33,1944 (Cocrasse) Assata dash $230884.50 $150189.38 $ 80695.12 Government Bonds 25528.55 25528.55 - Governsent Tex Rotes 270000.00 270000.00 - Unissued Har Bonde 2306.25 6787.50 Accounta and Notes Receivable 515775.36 587906.60 (72128.24) Inventories 426929.18 41150.79 15347.39 Currant Assets 1,471426.84 1,451.993.82 19433.02 in Sekeler Thersoweter 44732.53 44642.23 50.30 Land & Baildiags 11410.81 11457.08 (46.27) Squipment and Furniture $5492.61 84273.03 3319.58 Deferred Charges and Lessehold Isprovements 16321.02 17550.62 (1229.60) Deposita A Prepsid Insarance 7470.71 8295.34 (824.63) Tacess Profito That Befund Bonda 32465.62 32465.62 Post Wer Befund 58904.92 56700.00 2208.92 Goodeill and 963.91 20811.32 Accounts Payable & Acerará Expanses 152292.73 251034.97 (98742.84) Reservo for Federsl Income Tazes 683624.00 648000.00 35624.00 Reservo for Resegotiation Adjastments 320515.18 252596.18 67919.00 Accruad Taxea other than Fede Incose 75138.74 65799.45 9339.29 War Sond Deductions 4909.53 2913.66 1995.85 Acerned Payroll 2505.00 (6439.80) Curreat Mabilities 1,238984.56 1,229289.14 9695442 Raserve for Post Adjustsent a Contingencies 45000.00 45000.00 - Capital Btoek 205540.00 205540.00 Capital Surplus 92584.94 91584.94 Barned Surplus 148083.47 136967-57 11115.90 1.229192.97 1,70838.65 20811,32 Curront Asseta 1,471426.84 1,451993.82 19433.02 Current Mabilities 1,238984.56 1,229289.14 9095.12 Borking Capital 232442.28 222704.68 9737.60