Letter No. 48
Fondos Jandía
After paying the last payroll to Maestro Villalba and also what was accrued from expenses on the road, I am left with a cash balance of Ptas 5,140.73 as of this date.
... cash statement dated 16th of the current ...
Since the closing of the statement mentioned above, I have made ... payments ... total Ptas 7,699.10
.................
Of this amount, Ptas 2,157.65 corresponds to the road (Carretera de Cofete), of which 170 meters have been made, at an average price of Ptas 15.- per meter. (one hundred and seventy meters).
Of course, this is precisely the most challenging part of where the work began. In the study of the work, reaching more favourable terrain later, the average price will be maintained within the budget range.
