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Synodical Conference Convention Proceedings St. Louis, Missouri — 1954, Page 179

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Ev. Luth., Synodical Conference of North America, 1954 179

New loans were granted from this fund as follows:

11/20/51 Trinity Gardens, Ala., Chapel (uncompleted) $ 8,823.85
7/ 9/52 Holy Trinity, Springfield, Il,
2/27/53 Memphis, Tenn., Parsonage
5/ 7/53 Trinity, Selma, Parsonage
7/22/53 Charlotte, N. C., Parsonage
9/11/53 Baton Rouge, La., Chapel

11/19/53 Maplesville, Ala. (uncompleted)

11/19/53 East Selma, Ala, Chapel

12/22/53 Mansura, La, Repairs 0 500.00
4/ 8/54 SE Dist., Winston-Salem, N.C. 10,000.00
5/ 5/54 Point Clear, Ala, Chapel (uncompleted) ae 1,900.00
5/18/54 Tuskegee, Ala, Land 500.00

regularly,

“Conquest for Christ” Funds. The Missionary Board of the
Lutheran Synodical Conference was granted an allocation of
$267,500-from Missouri Synod’s collection held in 1953. These funds

Memphis, Tennessee, Building Project. The indebtedness at
this church-schoo] has increased approximately $500 during the
past fiscal year, Contributions are no longer forthcoming, and
this debit item of $19,681.50 Presents a difficult problem to the
Missionary Board.

Budget Disbursements, Domestic Missions. We are happy to
report that both of our colleges, as well as the operations of the
entire Domestic Field, have Stayed within our budget allocations
during the past two years. This achievement was possible in spite
of the fact that salary increases have been granted at both colleges
and at most stations throughout the U. S. For comparative pur-
Poses, we submit the following schedule of actual budget disburse-
ments by fiscal years:

1942-43 $ 86,899.64 1948-49 $163,147.95
194344 82,252.94 1949-59 171,482.16
1944—45 97,078.44 195051 vee 180,282.82
1945—46 97,655.81 195152 vmeee 198,349.36
1946-47 140,023.76 1952-53 238,808.33
194748 157,000.17 1953-54 236,535.71

Budget Disbursements, African Missions. The African Field
has presented many financial problems during the past biennium.
xpansion, new homes for missionaries, increased number of
workers, and higher salaries caused us to exceed our budget
appropriations in Africa during both of the past fiscal years, How-