Foreign Mission Board Rooms,
Thursday, March 9, 1939.
The Board met in regular monthly session in the Board Rooms at 4:00
P.M., on Thursday, March 9th, with President Jenkins presiding.
The meeting wa s opened with prayer by Brother Gaines.
The following were present: Brethren Gaines, Jenkins, Gwathmey, Adams,
Mathews, Loving, Harris and Mrs. Moore: also Executive Secretary, Dr.
Maddry, Treasurer, Mr. Buxton, and Home Secretary, R. S. Jones.
The minutes were read and approved.
The report of the treasurer was adopted as follows:
TREASURER'S
REPORT Balance in Banks at February 1, 1939 $ 143,333.76
RECEIPTS
Cooperative Program
$ 36,028.79
Designated Gifts
18,705.94
China Emergency Funds
31.00
China Relief Funds
2,653.73
Debt Account: Designated
$ 2,453.53
From Sale of Property
28.60
2,482.13
Lottie Moon Christmas Offering
101,362.44
Income From Securities
390.21
Curios and Pictures (Net Income)
49.02
Legacies
2,475.00
Miscellaneous Income
94.12
Surplus - Current Account
125.49
Prepaid Expenses
20.00
Accounts Receivable
116.10
THE COMMISSION: Subscriptions
$ 716.77
Advertising Space
69.41
786.18
Notes Receivable - Trust Funds
25.00
Mrs. W. E. Sallee Memorial Fund
71.29
Mo Kwong Endowment Fund
2,200.00
Training School Building Fund (Buenos
Aires)
1,000.00
DISBURSEMENTS
168,616.44
S 311,950.20
Foreign Fields
Woman's Missionary Union
Publicity
Pensions
Traveling Expenses
Interest on Borrowed Money
Expenses of Missionary Appointees
Printing and Stationery
TEE COMMISSION - Expenses
Administrative and Other Expenses
Accounts Payable
Reserve - China Relief Funds
Reserve - China Emergency Funds
Reserve Lottie Moon Christmas Offering
Special Deposits - Debt Funds
Special Deposits - Investment Funds
LESS:
Adjustment in Lottie Moon Funds
$ 77,977.18
2,000.00
330.00
1,428.86
340.98
2.868.65
458.64
710.40
1.291.66
3,332.10
10.00
80.00
350.00
20,894.42
4,497.64
3,371,29
$ 76,916.56
119, 941.72
8 192,008.48
PLUS:
Adjustment in Debt Funds $ 2,015.41
Adjustment in Investment Funds 73.20 2,088,61 74,827.95
Balance in Banks at February 28, 1939, available for Budget, China $ 117,180.53
Emergency and China Relief Funds