The American Missionary - Volume 42, No. 10, October, 1888 Various Authors Author
by Various Authors
2021-04-12 01:14:02
The American Missionary - Volume 42, No. 10, October, 1888 Various Authors Author
by Various Authors
2021-04-12 01:14:02
Our receipts for the eleven months ending August 31st show an increase from collections of $14,452.76; a decrease in legacies of $5,195.52; with a net increase of $9,257.24 over the corresponding months of last year. On the other hand, the expenditur...
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Our receipts for the eleven months ending August 31st show an increase from collections of $14,452.76; a decrease in legacies of $5,195.52; with a net increase of $9,257.24 over the corresponding months of last year. On the other hand, the expenditures for these eleven months have been $31,835.70 more than those of last year, and hence a debt of over $22,000 is impending. The explanation is to be found in the fact that an unusually large per cent. of our collections this year is in specified gifts for special objects, and could not, therefore, be used to meet appropriations for current work; and the added expenditures have been absolutely required by the natural and healthful growth in our varied industrial, school and church work in all parts of our extended field.
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