Seventh Semi-Annual Report of the Treasurer of the S. D. A. Publishing Association.
By Uriah Smith
U. SMITH in account with the S. D. A. P. Association. To Cash on hand at date of last report, $2,010.23.
" received from Oct. 11, 1864, to
April 10, 1865, " Books (cash sales), 481.48. " " (sold on account), 2,129.53. " Shares in Publishing Association, 460.00. " Donations to " " 80.00. " Donations for stock of paper, 1,264.62. " Gen. Conf. Missionary Fund, 1,686.63. " Michigan Conference Fund, 1,565.33. " Soldiers' Tract Fund, 27.57. " Donations for paper for Instructor, 19.55. By Cash paid from Oct. 11, 1864, to
April 10, 1865, as follows: For Labor in Office, $1,899.91. " Stoek and Incidental Expenses, 9,051.94. " Missionary Fund, 1,145.41. " Mich. Conference Fund, 733.19. " Soldiers' Tract Fund, 9.50. Cash on hand to balance, 2,554.95. Total, $23,261.48.
U. SMITH, Treasurer. Note. It will be seen by comparing this Report with the last semi-annual Report, given in Review No. 22, Vol. xxiv, that the business of the Association has increased for the past six months over eight thousand dollars, presenting a total which we have never before reached of over twenty-three thousand dollars. This will be gratifying and encouraging to all the true friends of present truth. While at the close of last volume, we had cause for gratitude in the marked evidence of the good and prospering hand of the Lord with us, we expressed the wish that in all respects the coming volume might be as that and still more abundant. So far, at least, as financial prosperity is concerned, that wish has been realized. We thank the brethren for the confidence expressed in the Association in so freely depositing their means for its use. A word of explanation may be in order, in view of the heavy sum received and paid out under this head. Much of this means remains in the office but a short time; but its use is a great advantage to the Association, in enabling it to do its business more freely, meet heavy bills for stock as they become due, and pay back to the depositors as means comes in in the ordinary transactions of business. By thus having the temporary use of means without interest the wheels of the machinery all move freely, depositors can have their means back whenever they may need it, nobody risks anything, nobody is burdened, and great good is done. The work is onward, and anything else but faith, hope, and courage on the part of God's people, is now out of order.
Treasurer.