The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-04-09

A New SeRsinary nv StamferA-Repsrt Of the
Book Concern.

A New Senslnary M SlRMferA-Repert Of the
Book Concern.
The annual sessioa OF the New York East Con.
ference commenced last Wednesday, and win ter.
inmate on Tuesday. rs the presiding Bishop (lIshOp
Scott, has 20 open the Troy Conference on the fol-
loving morning. There are 200 ministers present,
whose fields OF labor include the east side OF New
York. Brooklyn ana q part Of Connections.
The annivesaries. which are held during Con.
ference, have been largely attended and were
interesting OCCASIONS.
At the morning session on Saturday the transfer
Of kev. Mr.. Chapman, OF Boston, from the New Eng
land Conference, was announced. He is to sue
coed Rev. DR.. Andrews as pas or Of ST. Johns
Methodist Episcopal church, Bedford avenue, Brook
lyn, g. ID.
n0dy during the " eek the PURCHASE Of grounds
ana the erection Of spacious seminary Tor the eCl-
caion OF the boys ana girls OF the lay within the
was appointed TO consider tine matter, and they
have unanimously conclude to accept the munia
each Of whom has peured himself TO give ssS.oo s
provided the necessary sum for the competition
oil the projected enterprise IL raised A las nlt-
cent site for the building, consisting OF over twenty
five acres, cOntigOus the residence OF Mi. Oliver
Heyt, has been selected ana $sJ,y05 has been sub
sCrOed exclusively by the ministers, winch insures
the success Of the movement. The iaity will be
called upon 10 subscribe S1u0 900, and 1t confidently
heiievet tBAt the amount VIA be speedily forthcom
Ing.
An exciting and interesting debate took place at
the morning session On Saturday, upon resolution
requesting the Bishop to appoiat the Rev. A. q. Egg
glest0n OF Hartford, financial agent OF the proposed
new seminary. ALI unquaiIi;edy expressed their
confidence In Mr.. Egglesion, and acknowledged his
to his temporary removal from the paslorate. be-
cause of his gteat success in Hart ord. The motion
requesting tile Bishop TO appoint MIN rs financial
agent OF the seminary was adopted by q vote OF IS
10 SO. An effort Will be made 10 induce the Rev. DR..
Andrews TO become president OF tue Institution, and
Is 10 he hoped tnat this Distinguished cducato or
ill accept It's presidency.
REiORT or THE BOOK CONCERN.
The annual exhiDit OF the Book U0acefn was pre-
scented at the morning session yesterday and was
accepted wlhSnt debate In view OF the general
pubic interest In the rnaHcla condition OF tiS
great publishing concern We append THESE sugges-
tive figures snow the prosperity OF the Concern,
friends
Real esate--New York Concern. ......... 1851, 104
western COncern...... ZOO5 75
ACKNOWLEDGEMENT YORK Concern. ......... Oil 1919
Casl IN hand-Ncw YORK concern. 1895
Notes ana accounts-New York Concern
lneD.. .................... 3H,345
Western Concern net. ................. 246ls7
Total assets. 20, 7ol, 52s
LIABILITIES.
Notes and accoun,s-New YORK
concern. .....s...... xS01,H5
western Concern. 81, 1881 ,207 POS
----
Net capltl ,.............,.....$ 81, 4yl $40
earnings. .......... 1921
Pad by order Of General Conference...... 1851
increase OF capital. s85,745