The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1897-10-27
DISPENSARY REPORT.
INVESTIGATING COMMITTEE RECON-
MEND CHANGES.

NV ~ ISN NV ~ NNSOm-
MEND CHANGES.
Would R.ducs sssock-Susgesss that Busi-
ness Gould be Eup More rronssbay by
Csrryir Smaller Stock.
The legislative examining commit
Tee OF the State disperssry Wednesday
made its qusrterly rerorF 70 TIE gov
error. Attention is called to several
matters Of mere or less interest. TIE
report resds:
COLUMBIA, S. G. Oc. %. 1897.
To His Excellency w. Il. Ellerbe,
Governor.
Sir: The committee n ct on Monday,
October is, and proceeded to examine
the books and fnsncial transactions
of the State 6ispenssry fer the quarter
ending Sept 80. 1897.
The stock OF liquors and supplies cn
hand was taken on Oct l bv Mr.. J
B. Douthit, representing the board Of
control, and Mr.. J ?. Thomas, Jr.,
representing this committee. The
amounts Of the various inventories
appear upon the staten ent of the as
sets and liabilities hereto attached.
All the stock and supplies were act
ually exhibited and counted ard val
ued except certain goods in transit,
invoices of which had bsen received
by the bookkeeper and eutersd upon
his books during tie month Of Sep
tember. The original invoices of these
goods, to wit: $50 barrels of whiskey
and SO cases of whiskey were exhibit,
ed, amounting to S25 297 0S. These
goods were counted as on hand and
included in the inventory.
The balance sheet of the State dis
pensary for the quarter ending Sept.
80, 1897, and the statement OF assets
and liabilities, and the statement of
profits and losses were checked by the
books. We append to this report cop.
les Of theSs statements aud also copy
of the cash statement fer the quarter
There appears upon the statement of
assets and liabilities under the hesd of
''uaearned profits" S45, 1881 Il. This
item consists of the estimated profits
on goods shipped to the county dis.
pensers and unsold. It has been the
habit for some time to estimate these
unearued profits and make an entry
OF them. We recommend that the
practice of estimating the unearned
profits be abolished, for the reason
that the same are uncertain and mis-
leading.
We have examined the original in
voices of all liquors and supplies pur.
chased during the past quarter and
also al vouchers for disbursements
made We find the books and entries
therein correct, according to the rec
ORD and data furnished US. The State
treasurer's report shows on Sept. so,
1897, balance OF cash in State treasury
amounting to SIS, ,5S0.6 According
to the cash book of the State dispen-
sary the balance of cash amounted on
that Gay to S69.s73 "a. There was,
therefore, on that day IS, 657 81 more
in the State treasury than was called
for by the books of the State dispen-
ssry. The warrants drawn prior to
Oct. ! and unpaid smount to IS 651.S3
according to itemizsd list furnished
us by the oookkeeper. This makes the
difference between the State treasurer
and the State dispensary $500. Al
our last report this difference was
$16 04. This. amount is row reduced
to $500 by the payment of warrant
No SS, drawn in April, 1896, which
warrant was heretofore been account
ed for.
We have examined the matter of
insurance on local dispensaries and
find that the amount Of insurance runs
from 10 to 25 per cent. of stock on
hand. II the policy OF insuring local
dispensaries is to be followed, then, in
our opinion, the insurance is made |
quate and should be increased.
We find that the present law re-
quires that ali dispensers give uni
form bond of $4,000. We find that
some of these dispensers carry over
$1,000 in stock, and in many cases the
bonds of $1,000 is totally inads quate.
We, therefore, recommend that the
amount of the bond required be in
creased in those cases where large
stocks are carried.
We 6n6 that the stock of merchan
disc at the State dispensary and in the
hands of local 6ispensaries on Oct. |
was over $3.50, 900. In our opinion the |
business of the dispensary could be as
proftably and as economically con-
Quoted with large decrease in the
stock. II this policy were pursued the
profits to the school fund would be re.
allied much quicker.
Respectfully submitted,
Altamont Moses, Senator.
John P. Thomas,
9. R. D. Burns,
Members of House.
The following is the quarterly state
ment Of the finances OF Lhe dispensary
to the above report:
ASSETS.
Cash in State treasury, Sept. 80,
S69, ,SI3 ~
Merchandise in hand Of county
dispensers, Sept 30.............. 225, 1865
Supplies Inventory )............... 23,452.52
Machinery and Office fixtures
Inventory )......................... 2,725.00
Teams and wagons (inventory)... l,Oo0.00j
Personal accounts due the State. 3,655.3l
Suspended accts. iez-dispensers) l4,954.99
Merchandise Inventory ).......... l25,67l.25
Total assets....... ,4S7.99
LIABILITIES.
Personal accts. due by State. S9l,I7l.I
Unearned profits, Sept. so, 1897. 45,03l.l4
School nd........................ 81, ,lS4. II
General Fund. ..................;...-.- iS.5UO.3O
IN