# LCMS Convention Proceedings_St. Louis Missouri_1956_S250 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) » oO Co ee i eS SEMINARIES AND COLLEGES 249 cial Matters], demonstrates clearly that there has been increasing competition for the synodical dollar and that with the passing of the years the synodical dollar, too, has been shrinking in contrasting proportion to the congregational dollar, the District dollar, and the extrasynodical dollar. Since both the need for, and especially the supply of, synodical dollars for synodical capital investment purposes has been and is under intensive discussion, it may be informative and helpful to examine a tabular listing of the increasing valuation of church property of our congregations in the last thirty-five years, from 1920 to 1955: Property Value of Congregations, 1920—1955 United States and Canada Year Value Increase over Previous Year $ 46,849,000 49,339,000 $ 2,490,000 53,362,000 4,023,000 59,973,000 6,611,000 66,561,000 6,588,000 74,404,000 7,843,000 81,706,000 7,302,000 87,367,000 5,661,000 92,285,000 4,918,000 97,585,000 5,300,000 99,872,000 2,287,000 98,391,000 —1,481,000 94,173,000 4,218,000 92,340,000 —1,833,000 83,881,000 —8,459,000 (1934 figures used; no new 91,997,000 8,116,000 91,345,000 — 652,000 92,044,000 699,000 94,418,000 2,374,000 96,727,000 2,309,000 99,035,000 2,308,000 100,964,000 1,929,000 107,319,000 6,355,000 106,060,000 —1,259,000 113,121,000 7,061,000 128,897,000 15,776,000 143,496,000 14,599,000 174,656,000 31,160,000 210,763,000 36,107,000 245,072,000 34,309,000 283,821,000 38,749,000 320,638,000 36,817,000 354,480,000 33,842,000 396,006,000 41,526,000 440,369,000 44,363,000 95q 1g 0" 48140 000 Br ,8U1 000 219% OUD % of Increase over 1934 figures reported) 10% 9% 10% 13% 15% 18% 20% 28% 26% 35% 54% 71% 108% 151% 192% 238% 282% 323% 372% 425%