Tr8C.S
urer '
Re-
port-
—268—
Wednesday, April 8, 1924.
The Board met in regular session at 3 P.M.,the
President in the chair.
Weeks.
Gainps, Mrs.
and Harris.
The meeting was opened with prayer
Ъу
Brother
The following were present: Miss Poster, Weeks,
Moore, Montague, Jenkins, Cousins, Mahone , Williama, a
Also Secretaries Love arid Ray and Treasurer Sanders.
The miriutes of previous meeting were road and ap¬
proved.
The Treasurer reported as follows*.
. Month of March, 1924.
RECEIPTS—
Balance in Banks
ЛРеЪ.27
} .
Received frcm 75 Million Campaign. $ 60,781.84
Hew Missionaries' Salary Fund . 1,046.73
Relief . 7,500.00
Borrowed Money, . (125,000.00 in re¬
newals ) . 200,000.00
Annuities . 14,000.00
Legacies . 4,100.00
Mr. and Mrs. Geo. W. Bottoms for Lot
First Bapt .Church, Rio 18,000.00
W.Y.Quisenhorry, For Boat for Macao. l,O0O.OO
Swedish Baptist Conference of II.Y.
Swenson's Salary . 1,000.00
All Other Sources . 2,676.83
7,262,66
310.105.40
DISBURSEMENTS—
Foreign 'F'ieTds . . 174,211.66
Loans paid . (Renewals) . 80,000.00
Interest on Borrowed Money . 7,423.39
Sputhern Baptist Theo .Seminary . 28,571.43
State Expenses . . . . .' . 853.25
Expenses Educational Department . 4,500.00
European Relief . 10,000.00
All other Purposes . 5,393.51
Balance in Bank
310,953.24
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CURRENT ASSETS AND LIABILITIES—
Balances in Banks . 6,404.82
Certificates of Deposit . 20,500.00
Liberty Bonds . . 850.00
Notes Receivable . 29,304.37
.Stocks and Bonds . 21,450.00
Annuities Released—Securities not Sold
Liabilities in Excess of Assets.
9.478.10
2,623,329.78
2 ,711,317.07
LIABILITIES—
Borrowed Money . 1,459,905.25
Due Seminaries as of May 4,1923.. 190,830.93
Fund for Evangelistic Hall .Canton. . 49,052.74
Fund for Property in Palestine.... 3,075.00
Letters of Credit . .1,008,453.15 2,711,317.07
Geo. N. Sanders, Treasurer
