The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1896-05-06
DISPENSARY FIGURES.
REPORT OF THE SPECIAL LEGlSLA-
TIVE INVESTIGATION COMMITTEE.
Ahe Dispensary is Now Running on Cash
Basis-Lots of Accrued Profits Tied I'm
N stock-Clerk scrugss Commended.

basls-Lots of Accrued Profits Tied Up
IN stock-clerk scrusss Commended.
The special legislative committee
charged with the duty of examining
the books and financial transactions
of the State dispensary for the quarter
ending March 81, 1896, made report
to the State Board of Control yester-
| day. The report is signed by but two
members, as the third, Hon. F. H.
Weston, was off on wedding trip
when the investigation was made. The
report shows plenty of profit in the
way Of accumulated paid for stock,
and the business is now being run on
a cash basis. The report is as follows:
10 the State Board of Control:
We herewith submit our report of
our examination of the books and f.
nancial transactions of the State Dis
pensary for the quarter ending March
81, 1896. Mr.. e. w. Garris, of this
committee, with representatives both
OF the State Board and the State Com
missioner, took stock at the close of
the quarter. On the Doth day of April,
the committee assembled at the Office
Of the State Board Of Control and af-
ter careful examination of the books
and vouchers of the State Commis-
sioner, we find the following:
Merchandise in hands of county dis
pensers, States profit added, $145,O3S,-
20; less the States unearned profit ad-
ded at time of shipment, s41, ,453.T;
value of above merchandise at cost
price, s103, 634 43.
Amount due by ex-Dispensers and
in process Of settlement, 81, 526 .43.
Personal accounts due the State, 81
40S.O6.
Cash balance in treasury, S3,921.22.
Teams and wagons, inventory, ST.
Machinery and Office fixtures, s2,-
657.47.
Merchandise at State Dispensary,
S73, OCT IL.
Supplies at State Dispensary, s47,-
741.54.
Total assets. s241, 1,131.25.
LIABILITIES.
Personal accounts due by State, 81
065.36.
Due the general fund OF the State
from former earnings, 1892, 2,247.SO.
Net accrued profit for present quar-
ter, paid to the credit of the State
school fund, s44, 299.32.
OF the net accrued profit for this
quarter ga 29932 as above) the
amount of $4,000 81 represents an
unearned profit on goods in the hands
of county dispensers on December 81,
1895, additional with an increase in
valuation OF goods in consequence of
an advance in prices of goods in the
month Of January by order of the
Chairman of the State Board of Con-
troll. The remainder. S12, 99S. is an
accrued profit on sales for this quar-
ter.
PROFITS FOR QUARTER.
City of Columbia's 1-2 profit for
quarter ending October 81, withheld
by order OF the State Board OF Control,
lS565. 10.
City of Columbia's 1-2 profit for the
quarter ending December 81, withheld
by order of the State Board of Con-
troll, $1,000.
Gross profit on merchandise for
present quarter, S105, $3.50.
Contraband seizures, $2,S07.75.
Profits from beer dispensaries, $4,-
I754.06.
Discounts, abatements or whiskey
purchases, s., 5,20722.
Total gross profits, s119, ,954.65.
Losses by fire, Florence dispensary,
i$1SS. IS.
Losses BY fire, Bamberg dispensary,
SS12.56.
Supplies used during the quarter,
S,027.42
Breakage and leakage, s1s2.95.
Insurance, s390.29.
Consrabulary for the quarter, s15,-
523. so.
Freight and express charges, s21,.
l04S.79.
Expenses, statione y, printing, post
age, salaries, etc., 81, ,593.7S.
Labor, 81, 734. 4.53.
Net profit on sales for the quarter
ending March 81, s54, 1925.
Total si19, 95465.
OF the net profit of S54, 1925 on
sales for this Quarter, the amount of
Sl2, ,99S, IS is an accrued profit; the re-
mainder S41, 453.7 is an unearned
profit on goods in the hands of coun-
ty dispensers at the end of this quar-
ter.
RECEIPTS.
Balance in Treasury on December
81, 1895, $54, 10707.
January receipts, s96, GA. As; Feb
ruary receipts, 93,39170; March re-
ceipts. S113, $50. receipts for the
quarter, S503, 636.S1.
Total to account for quarter $751;
1854.
DISBURSEMENTS.
January disbursements, SIG, 6S5.79;
| February disbursements, $116. 70S.97;
March disbursements, S120, 1886
total disbursements for the quarter,
1858. S22 so.
Balance in State Treasury on March
81, $3, 92l.22.
CNEARNED phOflIS>
Unearned profits on goods in hands
Of county dispensers on December 81,
$25, All S5.
Advance in prices on above made
in January by order of the State
Board, IS, 72S 90.
Unearned profit on March 81, $751;
300S4.
Your committee beg leave to say
that they have taken every precaution
10 do their work properly. They have
carefully checked every voucher on
the books OF original entry, and thence
the different postings to a general
ledger. from whence this statement is
made up \ comparison of this with
former reports will show that the State
dispensary is in very healthy condi-