Board Rooms, Dec. 8, 1932. (Thurs. )
The Board met in regular session, President Jenkins
in the chair.
The meeting was opened with prayer by Brother Williams
The following were present: Williams, Loving, Jenkins
Mrs. Thomas, GaineB, Mrs. Moore, Mrs. Atkinson, Matthews,
Montague, Coleman, Mrs. V/icker, Binford, Harris. Also
Secretary Ray and Treasurer Buxton.
!
The Minutes of Nov. 10th were read and approved.
The Treasurer reported as follows:
MONTH OF NOVEMBER, 1932.
RECEIPTS:
Cooperat'ive Program . 31,847.82
Designated Gifts . 9,267.26
Lottie Moon Christmas Offering .... 20.56
Debt. Direct . 39.33
Income from Annuity Securities .....1,178.64
Income from Endowment Securities .. 120.10
Income from Trust Funds . 27.57
Miscellaneous Income . 221.12
Book Department — Sales and Collections.
287.51
43ЛШГ91
Transferred from Emergency Of¬
fering ..20,545.89
DISBURSEMENTS :
foreign Fields . ..47,819.49
Interest on Borrowed Money . 7,915.68
Woman’s Missionary Union . 1,900.00
Baptist Brotherhood of the South .. 300.00
Interest on Annuities . 1,940.50
Book Department:- Purchases 480.62
Expenses 333.07. • 813.69
Expenses State Members . 75.14
Deputation Expense . 115.04
Printing and Stationery . 915.22
All Other Expenses . 1,801,04
Annuity Securities . 1,015,00
Less decrease within the month of
funds on hand for investment . . 1,055.00
63,555.80
63,555.80
Received from Emergency Relief Offering to
Dec. 1st . 130,509.48
Less amount used to December 1st . 65,895.76
Balance in Banks December 1, 1932, available
for Current Budget.... $ 64,613.72
CURRENT ASSETS AND LIABILITIES.
ASSETS:
Cash in Banks . 64,613.72
Book Dept. — Accounts Rec. 1,660.15
Inventory l/l 10,146.12
11,806.27
Estate of John Sillers . 1,285.36
Estate of J.H. Pepper . . 357.00
Stocks and Bonds . ...10,610.00
Richmond (Va.) Real Estate . . . . 16,500.00 105,172.35
Current Liabilities in excess of r=-l,055,814.30
Gurrent Assets . . . §1, 160,986.65