Vol. XXXVI.
MARCH, 1882.
No. 3.
American Missionary Association.
SO FAR.
One-third of the fiscal year of this Association ended January 31. Our friends will be glad to learn of our progress so far. Our annual meeting, after careful deliberation, decided that $300,000 (or 23 per cent. more than last year) would be needed for the growing work of this year; and we have been obliged to expend more than one-third of this amount, showing that our estimate was none too large.
Our receipts for the four months ending January 31 have been $83,893.39. Of this amount $9,191.72 was received in legacies, and $74,701.67 from other sources. There has been a decrease in legacies of $3,132.28, and an increase from other sources of $16,601.18, making a total increase of $13,468.90, or a little more than 19 per cent. over that of last year instead of the 23 per cent. asked for.
It will be seen that during the remaining eight months not only the $200,000 allotted for that time must be raised, but also $16,107 of deficiency. This will require an increase of 25 per cent. over the income for the corresponding months of last year.