Vol. XXXII.
OCTOBER, 1878.
No. 10.
American Missionary Association.
FINANCIAL.
When this number of the Missionary reaches our readers, our fiscal year (closing Sept. 30) will be nearly ended. By careful economy for two years past, we kept our current expenses within our receipts, and we hope that the receipts of this month will make this the third year in which our expenditures will not add a dollar to our debt.
Our debt is now our great solicitude. Last year it was reduced, by the sale of stocks, etc., from $93,232.99 to $62,816.90. This year we have received to September 1, in cash, $14,108.22, and in pledges (partly conditioned) $7,550, making $21,658.22, thus reducing the amount—if the pledges are paid—to $41,158.68. Shall not an effort, so nobly begun, be pushed forward to completion?