# LCMS Convention Proceedings_St. Louis Missouri_1878_S85
# AI translation — CHI Digital Archive (demonstration)

— 85 —

Overview of the Ledgers of the Synod's Agent
from August 1, 1874 to April 1, 1878.

Fund per previous accounting .....................................................$ 77952.60
Income for "Lutheraner" ............................................................ 36403.22
Income for "Lehre und Wehre" ....................................................... 6133.84
Income for "Schulblatt" ............................................................ 3589.18
Income from books and antiquarian items ............................................ 267959.66
Receivables (debts for printed matter) .............................................. 4961.08

                                                          Total ......$396999.58

Accounted for as follows:

For the purchase of books, antiquarian items, presses, type, and other
    materials .....................................................................$184940.18
For operating costs, wages for printers, typesetters, bookbinders,
    freight, and the like ........................................................ 79206.27
For payment to the Synod treasurer .................................................. 83893.61
For outstanding accounts for books ................................................... 47472.08
For discount .......................................................................... 362.98
For losses and doubtful outstanding accounts .......................................... 1066.66
Cash on hand ........................................................................... 57.80

                                                          Total ......$396999.58

Overview of the Present Fund Under the Management of the Agent and
the Board of Directors.

Profit on books .................................................................$104512.38
Profit on "Lutheraner" ............................................................. 21819.42
Profit on "Lehre und Wehre" ........................................................ 2277.24
Profit on "Schulblatt" .............................................................. 536.68

                                                          Total .....$129145.72
Plus stock on hand (inventory of books, presses, machines, etc.) .................. 70000.00

                                                          Total ......$199145.72
Deduct:
              Losses ..............................................$ 1066.66
              Discount .............................................. 362.98
              Operating costs ....................................... 79206.27
                                                                                  80635.91

Yields a net profit of ...........................................................$118509.81
Of this, paid over to the Synod treasurer .......................................... 83893.61

              Remaining fund of ....................................................$ 34616.20
              Plus fund per previous accounting .................................... 77952.60

              Total of the present fund .............................................$112568.80

As the above overview shows, total turnover since the last accounting, from August 1,
1874 to April 1, 1878 — that is, in 44 months — came to
$314085.90.