The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1902-10-03
STATE LIQUOR BUSINESS.
ouaRrrRLY STATEMENT FOR JUNE
JULY AND AUGU>T.
co,,,,u.s tn Carry over 100000 Worth
of stock-Net Profits rO School
Fund of SI6 1926.
TSnecisl to News and Courier.

Especial to News and Courier
Columbia, September 29.-The
quarterly statement OF the dlspensary
business for the three months Of
June, July and August has been filed
With Governor McSweeney. 1t shows
what a large business the dispensary
is doing and how the profit is being
added TO the ''school fund" in the
regular reports. The most impor,
tant phase OF the report is that the
dispensary continues to carry over
S6O0,O00 worth of stock at the State
dispensary and throughout the sub
dispensaries. The report shows that
for the three months of June, July
and August the dispenssry reports
show a net profit, "passed to the
credit of the school fund.-" of $l6,-
712.26. The quarterly report will
be of intense, interest TO those who
are looking at the dispensary from a
financial standpoint. The report
reads as follows:
Columbia, September 26.
To His Excellency, M. B. McSwee'
ney, Governor, Columbia, S. C.-Slr:
The undersigned joint committee
appointed to examine the books and
financial transactions of the State
dispensary, beg leave to report as
follows:
Stock on hand was taken on An
gust 20 and 80 by J. A McDermott,
representing the committee, and A.
F. q. Dukes, representing the board
5 of directors. The stock and supplies
were exhibited and valued. ehnd
the books and accounts neatly and
accurately kept.
We find the various clerks and at
taches of the institution efficient, and
they rendered valuable services to
the committee in their work.
We append herewith statements OF
assets and liabilities, profit and loss'
cash statement, receipts and disburse-
ments.
All of which is respectfully sub
mitted.
j. A. McDermott, Senator; Ivy NJ.
Mauldin, E. S. Blease, members OF
the House of Representatives.
Statement of profit and loss &C.
counts for quarter ending August 81
1902.
PROFITS.
Gross profits on merchandise
sold during quarter...........s 9l'eo9 oO
con+rsband seizures -. ...... 2,456 05
I po,roi+ foes so
States share Of profits on
beer sold by the Germania =
ios+on p6 6b,ring Quarter. ..... 4e8 70
Total gross profits N'72o %
LOSSES.
Supplies-Bottles, corks, Ia
bels, wire, tin foil, lead =
seals. boxes, nails sealing ia
osarter m~n, er.'' '.' ss,8o2 81
1ns,-ronco nramiums 1,O6O "a
,preoI.oo and leakage 90 90
Freight and express charges TO- 1Sl 20
Labor (pay rolls) 5'llS %
Expense account Salaries
expense of inspectors, per
diem and mileage Of mem
bers of State board OF dl-
rectors and Legislative ex-
amining committee, Office
supplies, lights, telegrams'
postage, stock feed, ice'
coSs+ahniarv ........... 1883 &C
Ii+ioro+ion ....... 10 0C
Revenue license. l1o "
Twelve pints of worthless
beer at G. McC. Honour's
dispensary, Charleston de- =,
stroyed. ....... .........:...'' %
Seven worthless NJ. T. bar
rels in shipment to John
McSmyrl, Camden, S. o.. q
Worthless merchandise at
Lancaster dispensary de-
stroyed by Inspector Stan ~
Total expenses..... - .'.s 'o'0A0 %
Net profit on sales for the
quarter, passed to the
credit of the school fund. 1917 q
Total .........-..S "a, $50 .;
of State D1SD6n