The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1895-06-19
DISPENSARY EARNINGS.
REPORT OF THE LEGISLATIVE IN
VESTlGATlNG COMMITTEE.


The Profits Since the Big Gin Mill Began
It's operations--What the Figures on the
! Books show--The Report.
COLUMBIA, S. c., June 12.-Mcnday
i Governor Evans received the follow
ing report of the legislative committee
appointed to examine the books and
accounts of the State dispensary. The
report was signed by Messrs. Efrd,
Thomas and Carroll, and makes inter-
esting reading:
1--WE herewith submit our report of
our examination of the books and f.
nancial transactions of the State dis
pensary for the quarter ending April
30th, and request that you submit the
same, together with our report for the
quarter ending January 81, 1895, to
the General Assembly at its next ses-
sion as required by law.
Mr.. r. NJ. Carroll, one of the COM
mittee, was present at the taking OF
the stock at the State dispensary on
April 80, 1885. He personally super
vised the making up of this inventory
of the stock on hand in the State dis
pensary on that day, verified the to-
tails making up the various aggregates
as set forth in the statement Of assets
below given. He found the items and
aggregates as below set forth to be
correct:
A few days after the taking of stock
the committee entered upon their
work, commencing with the business
commencing on February /, 1895,
when Col. +. NJ. Mixson the present
State commissioner who succeeded
Mr.. D. H. Traxler, took charge. In
the prosecution of their examination
of the books of the State commissioner
the committee made close scrutiny
Of each and every item as entered in
the various books of original entry,
and checked off the posting of all such
original entries in the general ledger
kept by the commissioner, from which
general ledger the balance sheet of the
commissioner is made up. The items
upon the merchandise account and
upon the other accounts, representing
the purchasing of supplies, etc., were
checked off by comparisons with the
original invoices kept on file in the
invoice book and the sales to the yari-
Gus county dispensers were checked
off by comparison with the daily en-
trance of such sales in the salesbook.
The cash received by the commission
er was checked off by examination Of
the receipts of the State Treasurer,
with whom the commissioner makes
deposits of all funds received and also
compared with credits given to each
county dispenser upon the general
ledger. The cash disbursed by the
commissioner was checked off oy ex-
s.mination of the warrants drawn by
the commissioner upon the State
Treasurer and by examination of the
original vouchers kept on file by the
commissioner, and also by comparison
of the entries of such payments upon
the various accounts of the general
ledger. Except in few minor mat
ters hereafter mentioned we found all
of the entries and all of the balances
upon the general ledger correct.
From the balance sheet of general
ledger of April 80, 1895, we find the
assets and liabilities to be as follows
ASSETS.
Cash in State Treasury and
IN bank. l2,o2o 10
Teams and wagons per IN
ventOry.. fUo %
Merchandise on hand at
Tentory ................ 62,S21 81
Machinery and Office tlX-
lures per inventory.... 2,623 81
Supplies. bottles, corks, etc. Is, ,697 Is
Books. stationary, etc.. 607 90
Merchandise on hand in
county dispensaries
States 40 per cent. add
e0 according to Commis-
sioner's ooks.s122, 25S.H
Less 40 per cent. Of unearn-
ed profit added by State
at time of shlpment......
...............S34, 930.9S
Value of above merchan-
disc in hands of dispen-
sers Cat cost price)....... 1897 43
Personal accounts due the
State according to Com
missioners books. SOIL 81
s254321 43