The Lutheran Pioneer St. Louis — 1929, Page 175

Transcription machine transcription, uncorrected

⤓ Download .txt · copy text

THE LUTHERAN PIONEER. 175

——$==_=[_==[==[a[Es»"a"anamaBBoex—e_s_—_———==SSSSSS——>—>—>—————_—_———"S===--S- 5

Analysis of Building Fund Balance

D
Debits Credits
rAckerville Alas: ...cccccrees-> os $1,013.75
Birmingham, Ala. ....... os 785.08
Gamden*Ala- Wass. at ccna 759.40
Catherine; FAlasc ese eicciticc <7 1,001.00
Chicago iltis. a. ccnpececeenes ae 348.43
Greensboro, N. C.— Luther Memo-
rial and Grace ........... 4,463.86 10.00
Highs Pointi Ne Ole coit ess teleisies 2,047.74
Immanuel Lutheran College —
Residence pier. elec s ce cere oleis' 5,214.53
Administration Building .. 2,459.03
Rock West, Ala. ..........-+.00.- 847.71
Spartanburg, S.C. .............. 1,071.48
Totale sun canes vce cae $6,922.89 $13,099.12
Less Debits .............. 6,922.89
Balance, June 30, 1929 (See :
TN DV ci eiC ASOT IROOS $6,176.23

Analysis of Receipts

E

1927—1928
Received from: —

Mission-stations ............. $ 23,520.28

Missouri Synod ....... - 156,432.73
Norwegian Synod 759.02
Slovak Synod ............... 500.00

Wisconsin Synod ............ 16,478.85

Sundry Sources ............. 6,290.97
Accounts Receivable: —
Missouri Synod .......... 10,442.39
Wisconsin Synod ......... 10,762.06
—————_ $225,186.30
Credited to: —
African Missions ...........- $ 133.50
Colored Missions ............ 192,048.59
Colored Mission Buildings ... 32,036.71
Indigent Students ........... 967.50
$225,186.30
—
1928—1929
Received from: —
Mission-stations ............. $ 26,171.83
Missouri Synod ............. 504.81
Norwegian Synod ........... 435.85
Slovak Synod ............... 250.00
Sundry Sources ...........+. 9,470.85
Accounts Receivable: —
Missouri Synod .......... 121,317.61
Wisconsin Synod ......... 25,318.15
——_ $183,469.10
Credited to: — :
African Missions ............ $ 1,767.83
Colored Missions ............ 166,846.08
Colored Mission Buildings .... 14,237.09
Indigent Students ........... 61

0
$183,469.10

1, The foregoing report reflects in condensed form the
fiscal business of your Board for the fiscal year 1928—1929.
As it is almost exactly parallel to the report of a year ago,
the comment will be brief.

2. Exhibit A should be readily understood, with the
possible exception of the “Mission Fund Reserve”
(Line 17). Last year the Mission Fund carried a credit
balance of $5,931.89 (see Line 20). A part of this balance
($931.89) was credited to the Missouri and Wisconsin
synods on their June operating statements, and the rest
($5,000) was set up as a reserve. The need of such a re-
serve should be apparent when it is considered that state-

ments covering operating costs are sent to these synods
after the close of each month. Our obligations must be
met before the month closes. The reserve gives us that
much money to operate with. Our Mission Fund is now
balanced monthly.

3. The year just closed records a gratifying increase in
our “Endowments and Legacies” (Line 15). More than
$7,000 was added to this account. r,

4. For comparative purposes, Exhibit B lists the Mis-
sion Fund disbursements and receipts for two years. To
get a true picture, the $5,000 “Transfer to Reserve” must
be deducted from the 1928—1929 total, as that is not an
actual operating expense. t

5. There were only minor building operations during
the last year (Exhibit C). The Bethel chapel in Char-
lotte, N.C., was sold for $767.50, and the parsonage at
Napoleonville, La., brought $1,300. In Greensboro, lots
were bought for the new chapel and school. Buildings
were erected at Arlington, Possum Bend, Tilden, and
Tinela, Ala. Extensive additions were made in Mount
Zion School, New Orleans, La., and a chapel was arreaped
in Grace School, St. Louis, Mo. In Philadelphia an addi-
tional piece of land was acquired. Special assessments for
local benefits account, in the main, for the other disburse-
ments.

Respectfully submitted by

Tueo. W. Ecxranrt, Treasurer.

Certificate.

We have examined the books and accounts of the
Boarp For CoLorep MISSIONS OF THE EVANGELICAL Lv-
THERAN SYNODICAL CONFERENCE OF NortH AMERICA for
its fiscal year ended June 30, 1929, and certify that the
statement of asset and liability accounts as presented in
the Treasurer’s yearly report for the same period is in
agreement with the books of account, which have been the
subject of our examination.

In the course of our work we traced all recorded cash
receipts to the deposits in bank; the cash disbursements
were substantiated by approved vouchers and paid bank
cheeks. The overdraft in bank at the close of the year
was reconciled with the depositary’s certificate of balance.

August 23, 1929. Jerr K. Srone AND COMPANY.

=

BOOK TABLE.

Luther’s Large Catechism. With Special Paragraph
Heads and Notes. A jubilee offering for the four-
hundredth anniversary of the original publication
of the Large Catechism. 1529—1929. By John
Theodore Mueller, Ph. D., Th. D., Professor of Sys-
tematic Theology, Concordia Seminary, St. Louis, Mo.
Concordia Publishing House, St. Louis, Mo. 195
pages; cloth. Price, $1.35.

We have here Luther’s Large Catechism supplied with
appropriate paragraph heads. These headings, though
brief, very aptly bring out the main thought of the para-
graph. Dear reader, if you want to read something that
is right up to date, read Luther’s Large Catechism. This
may sound paradoxical, but it is a fact.

The Pope and Temporal Power. By Theodore Graeb-
ner. Northwestern Publishing House, Milwaukee,
Wis. 156 pages; bound in art cloth. Price, $1.00.
Order from Concordia Publishing House, St. Louis, Mo.

Just at this time when the Pope and Mussolini have
signed a concordat which secures for the former once
more sovereign powers, even though it be over ever so
small a domain, this book will prove to be timely reading.

Rome has not changed; this fact is emphasized on this

book’s every page. The reader will find the book intensely

interesting and most instructive.

¥.05