The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1902-01-17
FINANCES OF THE
STATE DISPENSARY,
THE ANNUAL REPORT or THE YEARS
TRANSA GTIONS
Figures OF Interest to all South Caroi,n,ans.
Tho State'a Great Liquor Busin, IA Com
unues to Grow In Volume.
THE State, l4th.

The State, l4th.
South Carolina's great liquor
business continues to grow in volume
and its annual financial showing for
the last year and the last quarter
| Is of course Of interest to all citi
zens and particularly to tho law
makers now assembling in Columbia.
Yesterday the annual and tho quar-
terly reports were completed and
filed with the Governor. They fully
| set forth the transactions of the in
stitution summarized in the report Of
the board Of directors filed about u
week ago.
The preliminary report OF the leg
islative committee for tho quarter
ending November 80, 1901 is rs iol
lows:
To His Excellency Miles B. Nc
Sweeney, Governor, Columbia, S. G.
Dear Sir: The undersigned joint
committee appointed to examine tho
books and financial transactions Of
the State dispensary beg leave to
submit herewith our report for the
quarter ending November 80, 1901.
Stock on hand WAS taken on Novem.
ber 18th and 30th, by w. II. Sharpe
representing the committee, and A.
f. H. Dukes representing tho board
of directors. All stock and supplies
were actually exhibited, counted
and valued
We found the officers and book
keepers coming up to the full meas
ure Of their duty in this branch of
the government The utmost har-
mony prevails among the officers and
attaches of the institution and #
| directors.
For the year permanent impc@ve-
ments have been made AS follows:
| Office building costing. Gill 90
| Addition to main building.... 4,l89 81
| Vault fixtures ...... ............ 1850 90
Elevators. l,540 on
Heating. ACKNOWLEDGEMENTS. 43O 90
| Warehouse No. 2............ 535 90
| Tnfo oil q
The progress Of this institution for
the quarter ending rs aforesaid, and
in fact for the year, has been very
satisfactory indeed. We append
here two statements. and assets and
liabilities; profit and loss; each state
ment; receipts and disbursements;
also net profits for counties and
towns, all Of which is respectfully
submitted. w. III. Sharpe,
! Senator.
A. u. Stevenson,
Member House Of Rep.
Thos. B. Butler.
Member House of Rep.
The summary Of the annual report
! reads as follows
Comparative statements of assets
and liabilities for the fiscal year end
ing Nov. 80, 1901.
ASSETS
Cash IN State treasury,
Nov. 30, 1901 .................. 24,i74 90
Teams and wagons Unvcn-
tory Nov. 30, 100l.) "...... Cd OQ
Supplies Inventory Nov.
81 1901 NEUTRALITY-SUSPICIOUS.. II ,822 &c
Machinery and Office fix
lures Inventory Nov. 80,
1901 ................." ........ 4,520 bG
Contrabaod nventory
Nov. 80, 1901. ............ 272 sc
Real estate. ate........................ 56,747 az
| Merchan2ise in hands OF
dispensers Nov. 80, 1901 342, 1862 sc
[ Merchandise {!nventory of
stock at State dispensary
Nov. 30, 1901 .................. 3o5 $50 2C
Suspended accounts A....... 1901 81
| Personal accounts dueState
| for tax advanced on bond
ed sptrits, empty barrels,
alcohol, etc................. $500 5s
Total assets ..."..$ 808,3 6t
LIABILITIES.
School OBSERVATION-DISCLOSURES. 6l1 1854 IS
| Personal accounts due by
State for supplies, whis-
kies, wines, beer, alcohol,
etc ...... Observation-Disclosures. 1865 O.
Total ties..............S 8OS, ,344 6,
Statement Of profit and loss accoun
for the fiscal year ending Nov. 30, 1901
PROFITS
Gross profits on merchan-
II I n