MANHATTAN   ELECTRK

BALANCE
AT   DECEMBl:
 

ASSETS

Current Assets :

Cash in Banks and on Hand................................................................................                                     $   333.024.49

Notes and Accounts Receivable, less Reserve for Doubtful

Accounts .............................................................................................................................                                        1,300,943.41

Inventories   .............................................................................................................................                                       1,771,091.19
 

Total Current Assets...............................................................................-                                     $3,405,059.09

Stocks of Other Companies...............................................................................                                           89,d48.60

Fixed Assets (Less Depreciation):                                                                                                                          .^.n

Real  Estate and Buildings..................................................................................              $525,081.15                                                   jW .

Machinery, Tools and Equipment..................................................................               298,208.21

Office and Store Furniture and Fixtures..................................................                  36,811.91

Delivery and .'Vuto Equipment.........................................................................                 26,820.92
 

Total Fixed Assets ....................................................................................                                         987,922.19

Prepaid Insurance and Taxes, Etc...............................................................                                           21,717.85

Goodwill, Patents, Trade Marks, Etc....................................................                                       2,503,312.16

$7,007,559.89
 

CERTIFICWUD

We have examined the books and records of the above Company and certify that the foregoing BaW
31, 1924.    The cash has been verified, either by actual count or by certificates obtained from the respective dj
31,  1924, and the trade acceptances, notes and accounts receivable have been examined in detail.    Adequate pjfs b(
have been recorded.

New York, March 6, 1925.