The assets of Wilberforce University in 1876 were as follows:
Endowment notes $18,000 00
College property 39,000 00
Bequest of Chief-Justice Chase 10,000 00
Nine semi-annual and annual notes 900 00
Bills receivable 125 00
Horse, wagon, etc. 200 00
Cash in bank 1,000 00
——————————
Total assets $69,225 00
The liabilities were only $2,973.42, leaving the handsome amount of $66,251.58 of assets over the liabilities of the institution.
The General Conference of 1880 met in St. Louis, Mo., on the third day of May. The following are some of the facts, as we glean from the reports:
The Financial Secretary, Rev. J. C. Embry, reported that for the fiscal year ending April 24, 1880, he had received $32,336.31 for general purposes alone, and in the four years from April 24, 1876, to April 24, 1880, he had received $99,999.42 for the general expenses of the Church.
The General Business Manager, Dr. H. M. Turner, reported the receipts in the Book Concern to be $50,133.76. This was the largest amount of business ever reported by the Concern.
The receipts of the two departments were $150,133.18. The total amount raised in 1826 was $1,151.75. The gain since that time has been $148,981.43.
Receipts.
Amount of contingent money $27,897 36
" " dollar money 33,400 00
" " missionary money 25,248 08
" " ladies' mite missionary money 2,296 06
" for Sunday-school purposes 115,694 40
" " pastors' support 1,282,465 16
" " pastors' travelling expenses 36,608 16
" " presiding elders' travelling exps. 7,338 20
" " presiding elders' support 106,817 20
—————————————