The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1896-05-06
DISPENSARY FIGURES.
REPORT OF THE SPECIAL LEGISLA-
TIVE INVESTIGATION COMMITTEE.

REPORl Of TIE oFEClHI EGS'oGH
TIVE INVESTIGATION COMMITTEE.
The Dispensary is Now Running on Cash
Basis-Lots of Accrued Profits Tied Up
in stock-Clerk scruggs 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 a report
to the State Board of Control yesser-
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:
To 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 2Oth 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 Commits
sioner, we find the following:
ASSETS.
Merchandise in hands of county dis
pensers, States profit added, $145, ,038, =
20; less the States unearned profit ad-
ded at time of shipment, $41, ,453.H;
value of above merchandise at cost
price, $103, 634.43.
Amount due by ex-Dispensers and
in process of settlement, 81, 526 .43.
Personal accounts due the State, $4,-
4OS.O6.
Cash balance in treasury, So, 921 %.
Teams and wagons, inventory, ST.
257.25.
Machinery and office fixtures, $2,-
657.47.
Merchandise at State Dispensary,
$73, ,OH.17
Supplies at State Dispensary, $47,-
741.54.
Total assets, $241, 1925.
LIABILITIES.
Personal accounts due by State, $4,-
O65.36.
Due the general fund of the State
from former earnings, $l92,2 2,247.80.
Net accrued profit for present quar-
ter, paid to the credit of the State
school fund, 81, ,299.32.
Of the net accrued profit for this
quarter ($44,299.32 as above) the
amount of $4,000 "a 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. $12, 99S. .4S. 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,
1865 IL.
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, $l05, 55750
Contraband seizures, $2.807.75.
Profits from beer dispensaries, 81,
754 06.
Discounts, abatements on whiskey
purchases, S., ,207 %.
Total gross profits, s119,954.65.
LOSSES.
Losses by fire, Florence dispensary,
$1sS. SO.
Losses by fire, Bamberg dispensary,
$S12.56.
Supplies used during the quarter,
$18, ,O2742.
Breakage and leakage, $1S2.95.
Insurance, $390.29.
Constabulary for the quarter, $15,-
523 so.
Freight and express charges, $21,
O4S79.
Expenses, stationery, printing, post
age, salaries. etc., 81, 4,593.78.
Labor, 81, 734.53.
Net profit On sales for the quarter
ending March 81, $54, 1925.
Total $119, ,954.65.
Of the net profit of $54, 1925 on
sales for this quarter, the amount of
$l2, 99S, ,4S is an accrued profit; the re-
mainder $41, ,453.77 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, ,107. .07.
January receipts, $96, 6,614. 46; Feb
ruary receipts, $93,391.70; March re-
ceipts. $113, $50. 65-receipts for the
quarter. 1903, ,636.S1.
Total to account for quarter $751;
743.S4.
DISBURSEMENTS.
January disbursements, S116, ,6S5.79;
February disbursements, 116,7OS.97;
March disbursements, $120, 427.S6-
total disbursements for the quarter,
1858, ,s22 62.