# LCMS Convention Proceedings_St. Louis Missouri_1944_S464 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) ' tional services were provided. Depreciation and loss of interest on , College with other existing institutions inevitably raises the problem of adequate space at the other institutions. ' students primarily from the 464 So Report of Board for Higher Education - tion building on synodical, campuses, it cannot’be continued for an length of time. A new administration building costing in excess’ $150,000 is necessary if the institution is to be retained. . ‘s Table 13.) Table 13 ST. PAUL’S COLLEGE — ~ CONCORDIA, MISSOURI ‘1932 Horst Report » Plant and Equipment ‘ "1932 : Year Built Original Cost Valuation Real Estate, 105 AcreS.uecon | eeeneeeeeeestaees $ 36,900.00 Lecture Hall (brick) . 1906 $ 29,000.00 , 20,090.00 Old Dormitory 1884-1890 14,500.00 7,600.00 © : Dining Hall ....... - 1903 = 5,000.00 Kitchen Wing (brick). 000.00 Hospital (frame) ............... 000.00 Biltz Hall Dormitory (brick) 110,000.00 Power House (brick)... 2,500.00 Gymnasium (brick) 35,000.00 Residences (frame) 3,000.00 (frame) . 3,000.00 (frame) 3,000.00 .” (frame) 8,000.00 : (brick) . 8,500.00. 5,000.00 3,000.00 11,200.00 © 24,000.00 ' . $290,700.00 NOTE: Acquisition of ca. 10 m ore acres of land, an additional dwelling - and other improvements indicate a 1941 valuation of $305,406. ' In addition to a new building, the present equipment for library, laboratories, and classrooms needs extensive replacements and addi- tions to bring it to a level in keeping with the present-day demands. Operating: and,maintenance costs of the school are about $25,00 per year. They‘*would rise appreciably if really satisfactory educa- ‘funds invested in a new building would result in an increase of $9,000 per year over present amounts. Consequently, @ross savings of $35,000 to $40,000 a year would be effected through consolidation of this school with others. After allowances for minor additional costs at the other institutions, the net economies would be about. $30,000 annually. The suggestion to amalgamate the human resources of St. Paul’s: It should be pointed out that Winfield would most certainly not be called upon to provide fo more than a small portion of St. Paul’s student body. If the cur: rent enrollment at St. Paul’s is at all typical, the college draws’ it vicinity of. St. Louis and Souther; Illinois—a distance of @ome 200 miles. Almost 40 per cent (31