# LCMS Convention Proceedings_St. Louis Missouri_1944_S890
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

, Comparative Balance Sheet | 1-31-38 | 1-31-39 | 1-31-40 | 1-31-41 | 1-31-42 | 1-31-43 | 1-31-44

Pension Fund Assets | |

Investments ——.————_—-----_______--_---- $25,000.00 $170,000.00 $360,000.00 $514,800.00 $931,060,00 $1,391,349.00 $1,962,531.00

Amortization (Premium on Bonds) ~.—-—- — 6,292.21 — 6,504.40 5,883.80 7,101.96 - 1,557.07

Cash nena een nen 19,182.34 9,331.92] 35,847.91 102,711.63 3,946.16 8,530.28 15,449.82
; | $44,182.34| $185,624.13] $395,847.91] $624,016.03] $940,889.96 | $1,406,981.24| $1,979,537.89

Pension Fund Liabilities "

Pension Fund —~—~—————_--_-—_—_----- __| $41,568.84 $184,510.79 $364,866.07 $584,073.75 $877,028.14 $1,308,339.89 $1,828,839.06

Annuity Reserve ————~—-—_---__—_—_-—- — — 172.93 3,077.15 4,142.68 3,960.26 12,334.53

Contingent Fund ——————__------______ 2,510.00 _—— 4,985.65 7,871.68 8,396.58 9,445.02 22,824.03

Retirement Reserve —~.———-—_-—_-----—- _- — 8,553.52 13,599.75
Reserve for Investment Depreciation __.-— 11,636.94| 11,636.94 9,022.66 9,022.66 12,782.12

Earnings _._—————_—-_______-—-_-— 103.50 1,113.34 5'632.80|  3,756.76| 8,064.79 12,82787| ‘18,270.81
Earnings Deferred —-——________ —— _—— — —— —_— _—— 3,973.97
| $44,18234| $185,624.13] $395,847.91] $624,016.03] $940,889.96] $1,406 981.24] $1,979,537.89
i
; Earnings ‘Gredived Balance
of Pund to Accounts as of .
. at 234% Jan. 31
|
_ Pension Fund Earnings |
Year 1938 = $ 1,113.34 —| $1,113.34
Yeux 1939 | 7580.17. 3,060.71 5,632.80
Year 1940 5,061.47 6.93751 3,756.76
Year 1941 | 16,404.30] 12,096.27 8,064.79
Year 1942 23'338.88] 18,575.80) 12,827.87
Your 1943 2 |__34178.96) 28,731.02) 18,270.81
Totals |_ S80 872.12| _ $69,401.31

————————— ooo

The Pension Fund fiscal year ends on September 30, at which time interest is credited to the
distribution the undistributed balance of Interest Earnings was $3,775.07. :

SUALLVA IVIONVNIA

L08