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Board Rooms, Thursday, Nov. 10, 1932.
The Board met in regular session with the President,
Mr. L. Howard Jenkins, in the chair.
r .
The meeting was opened with prayer by Brother S. T.
Matthews.
The following were present: Mrs. Thomas, Mrs. Atkin¬
son, Mrs. Wicker, Slaughter, Cousins, Jenkins, Montague, Bryant,
Matthews, Gaines, Gwathmey, Loving, Coleman, Mrs. Moore, Harris,
Also Secretary Ray and Treasurer Buxton.
The Treasurer reported as follows:
MONTH OF OCTOBER, 1932. - ^ -
TREAS¬
URER’S
REPORT -
RECEIPTS:
Cooperative Program .
Designated Gifts .
Lottie Moon Christmas Offering .
Debt — Direct
/
.
Income from Annuity Securities .
Income from Endowment Securities .......
Income from Trust Funds .
Miscellaneous Income .
Book Department — Sales ahd Collections.
Annuity Securities .
Endowment Securities .
Transferred from Emergency Relief Of¬
fering. .
34,801. 28
10,956.51
10.53
400.16
1,076.78
1,449.38
798.21
196.44
. 772.92
5,000.00
50.00
12,185.45
67,697.66
DISBURSEMENTS:
foreign fields . 51,131.66
Interest on Borrowed Money . 1,846.65
Woman’s Missionary Union . 1,900.00
Baptist Brotherhood of the South . 300.00
Interest on Annuities . 3,137.22
Book Department:- Purchases 547.02
Expenses * 257.92 . 804.94
Expenses State Members ......7777777.* . 763.45
All Other Expenses . 2,820.24
Annuity Securities . 5,872.50
Less decrease within the month of funds
on hand for investment . 879.00
67,697.66
Received from Emergency Relief Offering to
November 1st. . . .
Less amount used in September and October.
129,528.69
45,349.87
Balance in Banks November 1,1932, available for
Current Budget . . $ 84,178.82
CURRENT ASSETS AND LIABILITIES.
ASSETS:
Cash in Banks . 84,178.82
Book Dept. — Accounts Reo. 1,152.35
Inventory l/l 10,146.12 . 11,298.47
Estate of John Sillers . 1,285.36
Estate of J.H. Pepper . 357.00
Stocks and Bonds . 610.00
Richmond Real Estate (Va.).... . .16,500.00 114,229.65
Current Liabilities in excess of
Current Assets . $1,046,757.00
$
1,160,У86.65