The central Presbyterian. [volume] (Richmond, Va.) 1856-1908, 1880-06-02
FINANCE.

FINANCE.
From the Treasurer's report it will be
seen that $S,04141 have been received
ing the financial year, of which $S,006.-
Al is credited to collection account, and
$500 to bills receivable, this latter
amount being proceeds of certain sub
scription notes. This amount, though it
compares favorably with the receipts of
other years, and is fully up to the aver
age of annual collections during the
whole period of the existence Of the Com
mittee, is less than was hoped for, in view
of the burden of debt still remaining,
and in view of special measures used to
call the attention of our churches to the
urgent need of this cause so,
Only 96S churches out of 1892 have
contributed anything to the cause during
the year
The total amount received during the
year is $678.51 more than during the
previous year but the amount received
during the month of March was 1884,
26 more than the amount received dur
ing the same period last year, an in
crease Of over 25 per cent.
responded to by 128 schools, contribu-
ting a total amount of $522.36.
The actual debt, exclusive of the mort
gage upon the house, as shown by the
last annual report, April l, 1879, was
$17, 17764, to which add ramount of in
terest aceruing thereon to date, 81, 261-
q, and we have total of $18, 439.85 of
which 7,568.85 has been paid, leaving
the actual debt, exclusive of mortgage on
the house, $10,870, with the cash and
available assets sufficient to reduce it be-
low $4,000
The work of the past three years will
be better appreciated from the statement
that the debt exclusive of mortgage as
before) reported in April, 1877 was
S48,71719. Other claims afterwards
ascertained increased this amount to
over $4,000 Add the interest &C
crued since then, and we have total, in
round numbers, of $4,000, nearly five
sixths of which has been paid during this
period
PUBLISHING HOUSE.
When the last General Assembly repeat
ed the instructions of former Assemblies
to sell this property as soon as possible,
strong confidence was felt by the Com
mittee that it would be possible for a sale
to be effected without sacrifice before the
present time.
No effort that seemed hopeful has been
spared to carry out the instructions of
the General Assembly. One of our most
reliable real estate agents has had the
matter in charge, and special commit
tee has given diligent attention to it.
The expectation of an improved con-
dition of things, and an increased de-
mand for real estate, is almost universal,
and it can scarcely be doubted that
very soon favorable opportunity will
occur
In the Treasurer report will be found
statement of receipts and disbursements
for account of Publishing House, by
which it will appear that receipts from
rents have been $3,023.07, and expenses,
(interest, taxes, insurance, &c.), So, 280e'
IS. There are rents due that will be
collected to the amount of $35 So that
the expenses have exceeded the income
by $222.78.
SABBATH SCHOOL PAPERS.
Tie Earnest Worker.-A large in
crease in the subscription list of the
Earnest Worker was reported last year.
The list continued to grow during the
summer, but there was some falling off
during the winter, as is indeed always
the case. The gain for the whole year
has, however been about 800,
The CbiLdre1a's FTisnd.-No increase
in this paper was reported last year, but
this year the Committee is able to report
a growth in its subscription list of nearly
LOO.
TIE Lesson Q,4artnN.-With the be-
ginning of the present year, in response to
desires expressed in different quarters,
we commenced the issue of the Lesson
Quarterly, a pamphlet Of the same size
as the Earnest Worker, containing all
the lessons of the quarter. 1t is simply
thealesson papers (Which are also issued
in leafets) gathered together and bound,
with such illustrative matter as will aid
the scholars in the study of the lesson
This new form of the lessons has met
with much favor, though as the leaflets
are furnished at less rate many still
prefer them.
SABBATH SCHOOL WORK.
Such attention to this most important
interest Of the Church has been given as
l. IA =. II l.