# LCMS Convention Proceedings_St. Louis Missouri_1941_S815
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

Financial Report of Concordia Publishing House

ST. LOUIS

For the Triennium — May 1, 1938, to April 30, 1941

Operations Dr. Cr.

Sales eae eee $2,265,585.98
Merchandise, Material and Mfg. - .. $1,805,557.47
Merchandise on Hand -....._....--—-— 362,953.05
Administrative and Selling Expenses .. 510,492.23
(et 312,489.33

$2,628,539.03  $2,628,539.03

Result of Operations

Worth May 1, 1938 _...—_...___-_-_-_-_-- $1,073,851.30
Dividends Paid _.....-_._______-. $._ 325,000.00
Gain _—-_----- --—----------- ~ 312,489.33
Worth 4/30/41 1, 061,340.68

$1,386,340.63 — $1,386,340.63

Analysis of Worth, 4/30/41

Resources
Cash on Hand and in Bank _.._.-----... $216,819.59
Accounts Receivable -....---.----_----— 100,028.38
Inventories, Mdse. and Supplies —.—_.. 377,310.48
Plant uae enn 522,260.42
Bonds and Securities .._._......----—---—-- - 6,306.36
Total Resources .......-.----—~----——--—-- $1,222,725.23

. Liabilities

Accounts Payable _.......... $ 47,203.41

Unearned Subscriptions —... 114,181.19 161,384.60
$1,061,340.63

Respectfully submitted as a supplement to Memorial No.701, on page 207 of Reports and Memorials, for the Thirty-

eighth Regular Convention at Fort Wayne, Indiana, June 18—28, 1941.

E. SEUEL, General Manager

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