PRESBYTERIAN ORPHANS' HOME E. McS. HYDE, Treasurer, Barium Springs, N. C. Report of Contributions on Support Fund and Equipment Fund from Churches, Sunday Schools, Societies and Individ¬ uals, for the year ending October 1st, 1921. REPORT OF THE SYNODICAL ORPHANS’ HOME The following table shows the amount contributed by Churches, Sun¬ day Schools, Societies and Individuals, by Presbyleries, to the Support Fund and also Equipment Fund, for the year ending October 1, 1921. E. McS. HYDE, Treasurer. ALBEMARLE PRESBYTERY Name of Church Atkinson Memorial_ Anderson S. S._ Belhaven - Bethlehem - Brookston - Calvary - Cann Memorial_ Enfield _ Falkland - Farmville_ Fellowship_ Fountain - Geneva _ Goldsboro - Grassy Creek_ Greenville _ Hebron__ Henderson _ Howard Memorial_ La Grange - Littleton _ Louisburg _ Morton_ Mt. Pleasant_ Mitchner Memorial_ Nahala _ Yew Bern_ Norlina _,_ Nutbush _ Oak Hill_ Olivet _ Oxford _ ^ayne Memorial.-_ Smithville _ Pinetops _ Raleigh 1st_ Rocky Mount 1st_ Rocky Mount 2nd_ Roanoke Rapids_ Scotland Neck___ Snow Hill_ St. Andrews_ Tillery _ Farina _ Church $ - | S. S. JSocieti’s | Individ. ]$- 1 $- 1 $- Total | B.&E. $- 1 $- 87 50j 1 87 50 1 6 001 1 6 00 17 00 i _| 17 00 11 00 11 00 3 40 3 40 11 24 11 24 49 00 — — 49 00 5 00 — — — ~5 00 33 19 45 29 78 48 20 00 20 00 170 00 50 00 220 00 36 00 36 00 147 00 100 00 10 00 257 00 4 00 4 00 142 77 234 40 12 00 13 50 402 67 181 54 135 00 43 50 146 50 506 54 12 00 12 00 32 00 32 00 ___ ___ 5 00 5 00 5 00 5 00 _ 17 75 10 00 — 27 75 25 25 68 41 124 60 6 00 199 01 27 00 38 00 65 00 58 58 9 06 67 64 25 00 5 00 30 00 175 00 25 00 225 00 135 00 11 25 146 25 2 75 2 75 81 27 20 00 10 00 — -] 111 27 879 27 . 232 76 10 00 1122 03 190 14 280 00 12 00 | 110 00 592 14 18 00 51 42 1 60 00 1 _ _ 129 42 6 97 6 97 10 00 125 00 50 00 Vinos'/$ G3bZ 3 Name of Church Church s. s. SocieW’s | Individ. Total B.&E. Weldon 2 00 2 00 Warren ton 48 00 48 00 Washington 127 35 96 00 20 50j 2F3 85 Wilson 215 00 123 44 3 50j 225 00 566 94 Willow Springs 5 00 4 00 3 501 12 50 Young Memorial_ Sharpe Point 4 50 | 4 50 Presbyterial for Dining Room and Kitchen_ 2300 00 Total _|$2934 89|$1629 96|$ 355 25[$ 512\00|$5432 12|$2485 00 CONCORD PRESBYTERY Ch r h I S. S. Socie i’sl Individ. I TV?1 B &E $_1$ 161 67!$ 55 00 Name of Church Back Creek_ .Bayless Memorial_ Beattie Memorial_ Bethany _ Bethesda _ Bet 1 page _ Bridgewater _ f ente" _ _ Cleveland _ Clinehfield _ Concord 1st- Conco"d 2”d_ Concord (Iredell)_ Cooleemee _ Clio _ Davidson - Elmwood _ Fifth Creek _ Franklin _ Front Street - Gilwood _ Harmony _ Glen Alpine _ Roust mville _ Harrisburg - Hickory _ K annapolis - Lenoir - Little Joe’s- Marion _ Mooresville 1st- ..Mooresville 2nd- Mocksville - McKinnon _ Morganton - Mortimer --- New Salem- Oakboro - Newton - Old Fort- Patterson - Poplar Tent- Prospect - Quaker Meadows- $ 130 66'$ 31 01!$ — — - | _ _ _ 42 00 43 84 5 00 13 58 9 00 13 501 31 10 36 51 3 50 _ _ - | 699 56 749 02 9 00 88 07 105 26 29 37 6 801 24 00 22 78 14 00 569 00 47 59 22 00 2 30 [ 45 96 32 06 5 20 13 96 17 18 83 20 67 23 8 00| 72 00 14 92 2 00| 2 00 — — _ _ — 37 00 248 08 85 17 4 00 15 01 503 91 201 09 54 00 208 55 81 43 125 00 26 25 8 50 676 51 123 54 160 00 201 09 6 50 161 52 118 13 60 40 15 32 210 75 6 00 16 00 ___ _ _ 20 00 _ 200 10 75 00 8 00 32 00 26 00 34 50 _ __ 111 90 20 00 16 25 13 00 5 00 _I 42 00' _ _! 43 8 1 1 _ _| 5 00| _ _| 36 08| _ _! 71 12I 28 01 50 001 1 '•OE r 8' 50 00 97 07 1 < 2 4,3 103 25 46 78 14 00 616 59 388 73 24 30 8 00 83 22 31 14 156 43 83 60 88 92 2 00 10 00 — 10 01 — 37 00 50 00 387 25 300 00 218 92 340 00 i 803 6t 334 20 1 00 82 43 159 75 50 00 100 00 1060 05 314 50 207 59 25 00 294 97 60 40 72 00 304 75 510 00 20 00 — 307 10 112 00 8 00 26 00 34 50 148 15 18 00 S3 50 6 Name of Church Church S. S. Socie i’s Individ. TtRal B.& E. Rowland 112 50 119 91 80 60 10 00 323 01 Richmond Mill Chapel 7 75 ___ 7 75 Salem _ _ . 10 00 5 00 15 00 Sanford __ __ 88 63 188 88 105 00 62 50 415 01 13 00 Sandy Grove _ 5 59 5 59 Sardis _ - _ 32 00 32 00 Selma _ _ 5 00 5 00 Shannon _ Sherwood 17 72 17 72 Shiloh 33 00 2 00 35 00 Smithfield 114 02 26 19 3 50 143 71 Smyrna 75 00 40 00 5 00 120 00 Spence _ _ — — — _ _ Spring Hill_ ___ _ __ __ ___ __ Summerville 5 00 5 00 10 00 Snnnyside 5 55 4 00 9 55 St Andrews 5 00 11 33 16 33 St. Pauls 229 26 76 29 17 20 322 75 •'nion _ __ . _ 14 95 14 95 Vass ______ 62 50 71 61 134 11 West End 45 63 2 00 47 63 Westminster 5 00 5 00 White Hill 40 57 40 57 Fayetteville Presbyterial for Dining Room and Kitchen _ 4086 16 Total __|$6321 07|$2204 03|$ 960 05]$ 366 00|$9851 15|$4199 16 KING’S MOUNTAIN PRESBYTERY Name of Church Belmont _ _ Church $ _ s. s. $ 7 00 15 00 Socied’s $ Individ. $ 215 00 | Total $ 222 00 27 00 B.&E. Bessemer City 12 00 Bethany _ Bostic _ _ 3 00 22 40 — — 25 40 — Brittian 13 70 13 70 18 00 Castanea Grove 19 25 19 25 Pherryville 3 00 3 00 Cliffside - Columbus_ Covenant 25 00 30 00 3 20 — 58 20 — Duncan’s Creek._ Dallas _ _ 22 05 23 68 3 00 — 48 73 — Ellenboro _ Forest City __ _ 6 90 — 6 90 — Gastonia 1st __ - __ 502 74 86 47 10 00 11 00 610 21 Goshen --- Hepzibah _ High Shoals___ _ 3 00 3 00 — Hebron _ King’s Mountain 79 91 91 03 12 00 — 182 94 — Lincolnton 306 95 7 00 313 95 Long Creek_ _ 34 67 9 00 43 67 Loray __ _ 22 00 22 00 Lynn - Lowell _ 40 00 48 57 — — 88 57 — Mackpelah _ _ _ Mount Holly__ _ IS ew H,ope 12 55 10 00 35 20 76 401 24 70 5 00 77 45 86 40] 7 Name of Church Olney _ Pooi sford _ Maysworth _ Rutherfordton _ Saluda _ Sandy Plains_ Shiloh _ Stanley Creek_ Shelby _ Union Mills_ Union _ Unity _ Westminster School_ Ranlo Union S. S._ Church s. s. Societi’s Individ. To al 75 00 50 00 125 00 52 58 — — 52 58 74 40 29 86 5 00 109 26 7 00 7 00 9 00 40 84 — — 49 84 22 00 7 36 29 36 25 00 231 36 7 00 263 36 51 00 51 00 3 00 _,_ 3 00 50 00 50 00 - 106 12 106 12 B. & id. 5107 08 King's Mountain Presbyterial for Dining Room and Kitchen, Total _|$7332~T2]$1029 87j$ 75”!90|$ 236 001$2673 891$5125 08 MECKLENBURG PRESBYTERY Name of Church .Albemarle _ Allen_ Alton _ Aquadale _ Amity _ Badin - Bethany _ Banks __ Bethlehem _ Beulah _ Bethel _ Biscoe - Brainard - Cameronian - Camden _ Carmel _ Central Steele Creek— Charlotte 1st- Charlotte 2nd_ Cornelius - Cook’s Memorial- Ellerbe _ Hamlet- Hopewell - Huntersville - Indian Trail- Knox - I.ilesville - Locust - Macedonia - Mallard Creek- Mark's Creek- Marshville _ Matthews - McGee - Midland - Monroe - Church S. S. | SocieLi’s IncLvid. Total $ 44 13 $ 121 73 $ $ $ 165 91 25 00 25 00 5 00 5 00. 114 84 — — — 114 84 5 76 — — 5 76 67 25 “ 9 30 76 55 38 75 6 00 • 44 75 j 15 00 15 00 63 25 63 25 55 00 — 3 00 — 58 00 52 50 52 50 2078 66 3 50 111 87 2194 03 927 06 12 50 76 75 25 00 1041 31 47 33 16 55 63 88 26 70 31 00 57 70 4 60 _ 4 60 54 88 115 72 25 00 195 60 74 60 74 55 18 25 167 40 11 50 48 60 60 10 3 50 3 50 138 22 18 50 24 00 180 72 2 00 2 00 16 45 20 00 26 45 57 00 5 00 62 00 20 00 20 00 60 00 92 89 14 00 166 89 11 26 38 60 49 86 78 50 78 50 ___ __ _ 121 27 15 50 136 77 B.&E. $ - 16 65 4 00 8 Name of Church Morven _ Mount Carmel_ Mount Gilead_ Mulberry _ Newell _ North Charlotte_ Norwood _ Oakboro _ Pageland _ Palestine _ J eachland _ Paw Creek_ Pee Dee_ Porter - Pegram Street_ Philadelphia _ Pineville _ Pleasant Hill_ Providence _ Polkton _ Rehoboth _ Hamah _ Eoberdell_ Robinson _ Rockingham _ Rocky River_ Salem _ St. Pauls_ Seversville _ Sharon _ Sjler _ oix Mile Creek_l Stanfield _ Steele Creek_ Sugar Creek_ Troy _ Tenth Avenue_ Union ville _ Wadesboro _ Wadesville _ Walkersville _ Wilmore_ Waxhaw _ West Avenue_ Westminster _ Williams _ Church S. S. Societi’s 104 65 5 00 2 39 60 45 35 00 90 82 19 60 40 90 12 50 5 50 25 95 10 00 10 00 7 00 71 70 110 67 — 14 04 65 95 12 40 — 10 00 38 70 8 75 59 50 2 00 9 00 64 16 3 50 104 16 14 50 5 00 8 00 5 00 9 75 20 00 22 00 63 00 53 58 — 5 00 80 00 8 63 93 33 20 00 262 20 — — 123 52 131 00 12 00 10 00 9 50 200 13 5 00 101 36 1 00 27 47 89 65 3 50 5 00 53 96 11 95 — 136 50 327 00 160 76 47 05 32 08 Individ. 5 00 Total | 109 55 2 39 95 45 90 82 73 00 5 50 25 95 B.&E. 15 00 7 00 12 50 27 00 182 37 _ 14 04 13 00 78 35 _ 48 70 25 00 70 25 _ 76 66 _ 118 66 _ 18 00 _ 9 75 _ 20 00 _ 22 00 _ 68 00 _ 53 58 85 00 121 96 262 20 31 80 266 52 _ 19 50 _ 306 49 5 00 1 00 _ 120 62 _ 5 00 _ 65 91 136 50 487 76 79 13 Rec’d. of Mecklenburg Pres, for “Lottie Walker Bltg,” chs. not giv’n$3815 13 Total _$5476 06|$2233 44|$ 556 08|$ 40 00|$8305 58|$3945 08 ORANGE PRESBYTERY Name of Cnurch Cnurch s. s. Societi’s Individ. Total B.& E. Alamance $ 131 11 $ 10 95 $ 39 00 $- $ 181 06 $ 50 00 Asbury _ __ __ _ ____ ___ _ A sh hnro 6 10 36 00 42 10 Bethany _ Beulah _ 1 40 — 1 40 — c Name of Church Church s. s. Societi’s Individ. Total Bethel 57 56 7 27 5 00 69 83 Bethlehem 11 00 30 00 41 00 Bethesda _ _ 9 93 4 00 13 93 Bessemer Ave_ B'acknall Memorial 4d 50 16 00 60 50 Buffalo_ __ _ __ 62 00 90 84 80 00 232 84 Burlington 177 10 20 78 11 25 209 13 Carson Memorial 6 35 6 35 Clark Memorial 4 55 4 55 Chapel Hill_ 64 00 2 25 10 50 5 00 81 75 Church of Covenant 390 31 6 50 396 81 Cross Beads . 1 00 9 00 3 00 13 00 Delane _ Danbury 2 00 2 00 Dan River_ Dacotah 12 00 12 00 Durham 1st 1701 07 105 20 9 00 15 00 1830 27 Durham 2nd 8 00 8 00 klhenezer 8 00 8 00 Edgemont 64 87 64 87 h'.fl a n d 1 50 11 00 12 50 Elim _ Elkin 1st 45 35 45 35 Elkin 2nd_ _ Elmira 4 50 4 50 Eno 35 00 35 00 Fairfield 8 50 8 50 Gilead 10 00 10 00 Blade Valiev 18 50 18 50 ( f 1 PT1 WOOfl 37 97 . 33 12 79 09 417 57 10 00 6 50 434 07 Greensboro 1st 1048 94 422 41 26 50 7 00 1504 85 30 00 25 00 55 00 5 00 7 00 12 00 TTn wfi pi ds 7 00 1 00 8 00 Hills’ _ _ __ ___ Hicrh Point 54 00 130 80 160 50 345 30 93 11 6 50 7 00 103 61 Hurdle Mills — — Jamestown - _ — — •- --- 4 00 4 00 Leaksville - _ 10 00 25 00 35 00 191-40 314 41 13 00 518 81 39 35 21 37 60 72 126 75 126 75 Mcbane - 185 71 10 00 59 87 5 00 260 58 43 30 11 00 1 00 55 30 10 00 11 50 21 50 42 64 14 50 25 00 82 14 New Hope - 29 65 — — 29 65 North Eno- _ — — — --- North Wilkesboro 86 67 115 64 3 50 6 00 211 81 25 00 144 50 6 00 175 50 Obids - 4 00 _ — 4 00 Piedmont - 9 31 — — — v 9 31 Pine Hall- 2 21 — — — 6 line Ridge- 2 30 — — — 2 30 Pleasant Garden- 7 50 / DU B.&E. 1100 00 10 Name of Church Church Pleasant Grove 1 O 00 Red House _ . | 21 91 Reidsville | 196 50 Rnckv Ridge 3 00 Beynolda I 199 06 Roxboro __ | _ Sandy Ridge_ _ _ Sexapahaw ! 10 00 Shiloh - | 7 25 Smyrna _| _ _ South Lowell_| __ _ Sprav - | 23 00 Springwood 67 37 Speedwell | 10 23 StoneMlle | 13 00 Stony Creek_| 25 00 Tlomasville _I _ Waughtown -1 7 00 Wentworth _ _ __ __ Westminster 112 93 Wilkesboro 1 5 00 Winston 1st _ | 1176 54 Worthville _ _| _ Ynncev ville | 57 00 Ch. by Side of Road __| 27 00 Tc tal | $7229 90 s. s. SocieH’s Individ. TcPal 2 00 46 91 B.&E. _ - 25 00 97 00 9 50 303 00 3 00 _ 42 50 29 79 ii no 252 56 25 86 55 65 4 00 — 14 00 — 7 25 4 00 3 50 — 30 50 — 67 37 10 23 13 on 25 001 12 30 12 30 7 62 5 00 19 62 270 33 122 50 7 00 512 76 5 00 110 CO 253 00 150 00 1689 5 1 100 00 8 25 7 00 72 25 1 2 00 27 00 ;$2185 30|$ 869 98]$ 441 50|10726 68|$1152 00 WILMINGTON PRESBYTERY Name of Church Acme _ Bethcar _ Beulahville _ Black River_ Bladenboro _ Bolton _ Bowden _ Brown Marsh_ F.u r raw _ Calypso _ Caswell _ < hadbourn _ Chinquapin _ Church of Covenant_ Clarkton _ Croatan _ Currie _ Belgado _ F.lkton _ Elizabethtown _ I-’aison _ Graves Memorial_ Grove ___ Hallsboro _/_ Hallsville _ Harmony _ Hebron _ | Church s. s. | Societi’s Individ. Total | |$- $- $- $- $- __ 5 00 15 00 10 00 30 00 2 00 — 43 47 43 47 15 00 — -x 15 00 10 00 10 oo 22 91 20 37 12 38 5 00 60 66 8 37 4 00 10 00 22 37 16 60 32 20 3 00 51 80 | 164 50 5 36 169 86 j 93 04 — 119 00 212 04 284 30 284 30 2 00 — — 2 00 25 00 28 50 53 50 5 00 5 00 40 00 1 65 41 65 25 18 27 12 3 50 55 80 56 20 5 00 6 00 129 96 197 16 2 25 9 00 11 25 38 50 38 50 2 00 — 2 00 11 00 , _ , _ _ _ 11 00 2 00 11 Name of Church Church S. S. | Societi’s Individ. Total B.&E. Hopewell _ . _ 35 00 2 75 1 37 75 Holly Grove_ _ Immanuel 107 00 15 60 122 60 Jacksonville _ 5 00 5 00 Keith _ Mapel Hill _ ( _ __ Mount Iloreb 24 00 24 00 Fount Olive 85 00 74 31 4 64 6 00 169 95 Mount Williams 25 30 25 30 Mount Zion 82 00 27 00 11 00 120 00 N ew Hope 10 00 10 00 Oak Plains 5 00 13 00 18 00 Pearsall Memorial 11 14 11 00 22 14 f lioenix 5 00 5 00 Pike 16 25 16 25 Pink Hill_ 1 ’ollocksville 23 00 25 00 48 00 Rockfish 15 00 15 00 Kocky Point 6 00 5 00 11 00 Smiths 4 63 2 00 6 63 St Andrews 498 30 76 25 27 00 601 55 Seven Springs_ _ _ South Fiver 12 30 2 50 14 80 Stanfield 11 13 11 13 Southport - 2 00 2 00 Sweet Home 5 00 5 00 Teacheys - _ Tnpsfl il 35 00 35 00 23 55 23 55 Wh i t.pvill p 32 40 42 00 74 40 35 00 6 00 6 00 47 00 175 00 31 00 206 00 7 00 7 00 Willard - _ _ _ _ 1 00 1 00 Wilmington 1st 1023 54 61 72 170 00 10 00 1265 26 200 00 25 00 13 00 38 00 11 10 11 10 Wilmington Pres, for “ ijottig W; ilker Bldj r.” Ch. & Soc. not given— 5000 00 Total _I$2600 97 j$ 989 311$ 546 631$ 181 961$4314 77j$5200 00 12 SUMMARY OF TOTALS BY PRESBYTERIES Presbytery Church S. S. Societi’s Individ. Total B. & E. Albemarle _ $ 2934 91 $ 1629 96 $ 355 251$ 512 00 $ 5432 12 $ 2485 00 Concord 6051 94 2773 98 567 22 795 00 10188 14 5507 89 Fayetteville __ 6321 07 2204 03 960 05 366 00 9851 15 4086 16 King’s Mt_ 1332 12 1029 87 75 90 236 00 2673 89 5107 08 Mecklenburg 5476 06 2233 44 556 08 40 00 8305 58 3945 08 Orange -- - 7229 90 2185 30 869 98 441 50 10726 68 1052 00 Wilmington 2600 97 9989 31 546 53 181 96 4318 77 5200 00 Grand Total_ $31 946 97 $13 345 89|$3931 01 $2572 46 $51 496 531 $27 383 21 RECEIPTS FROM ENDOWMENTS Martha Haden Fund __ Ralph Balfour Johnston Fund -__ _ II. T. Ham Fund_ Jennie Howie Mcllwaine Fund_ J. C. Burroughs Fund, $1320.00 in B & E &_ J. M. Davis Fund_ Levicey Potts Mcllwaine Fund _ Mary I Crawford Fund _;_ Miscellaneous Sources _ lotal from Endowment and Miscellaneous _ Total from Presbyteries _ Grand Total -1_ .$ 60 00 47 00 60 00 60 00 60 00 60 00 1884 00 49 00 45 00 300 00 5512 20 . 8137 20 . 51496 33 . 59633 53 SUMMARY OF BUILDING AND EQUIPMENT BY PRESBYTERIES Albemarle --- $2 485 00 Concord - 5 557 89 Fayetteville - 4 199 16 King’s Mountain_ 5 125 08 Mecklenburg _ 3 945 08 Orange _ 1 152 00 Wilmington _ 5 200 00 Grand Total _ $27 664 21 Miscellaneous Sources. _ 7 136 96 Including $1,320.00 interest on J. C. Burrough’s Fund. Grand Total_ $ 34 801 17 Report of the Management of the Presbyterian Orphans’ Home Barium Springs, N. C. and Program for the New Year 1 REPORT OF MANAGER TO REGENTS AVe have received during the Synodical year forty-five children, and twenty-four have left, as follows: six by graduation ; one by death ; one adopted; sixteen by returning to relatives. On October 1st, we were caring for 249—106 boys and 143 girls, and have accepted applications for nine girls and five boys. EDUCATION E. McS. Hyde, Superintendent Our school embraces eleven grades. The first seven, primary and grammar grades, with an attendance of 196 children, follow, in its es¬ sentials, the State course of study with addition of our Catechism to the regular curriculum. Realizing that so many children go through these grades without acquiring an adequate knowledge of their own .anguage, either in correct usage or facility of expression, especial stress is laid upon language. The child is carefully trained in habits of thought and study, for it is in these plastic years that his life is made or marred. The subjects taught in the grades are spelling, reading, writing, arithmetic, English language, and grammar, geography, his¬ tory, physiology, and civics, drawing, vocal music and piano. Each grade carefully and conscientiously covers the ground assigned to it. A special endeavor is made to avoid overlapping or undue acceleration or retardation. Frequent efficiency tests are made to ascertain or ver¬ ify the progress of the pupil. That the symmetrical development of the child is the aim and meaning of education is never lost sight of by the teachers or matrons. To secure this, heart is developed as well as head and hand. So well have our teachers succeeded in this respect that we can assert that, judged by the standard of efficiency set for pub¬ lic schools, our school as now constituted, is one of the very best. We are at present endeavoring to establish a course in Manual Training for the purpose of giving systematic training in manual pro¬ cesses, so that when they boy goes out in life he will have a trained hand as well as head and heart. The High School course comprising the eighth, ninth, tenth and eleventh grades, compass sixteen standard units, enabling our graduates to enter A grade colleges as full freshmen. Of our graduates (6) the past year, one has entered the State University, one the North Caro¬ lina College for Women, one Flora MacDonald, and one Mitchell Col¬ lege. All these presented units that satisfied the requirements of these Institutions, and all making good from all reports. A defect in our High School curriculum hitherto has been the absence of a laboratory for the proper teaching of science. A remedy for this, we think, is already in sight and we hope to offer this year, or, at latest next year, a full year of physics with the requisite amount of laboratory work. ( 3 ) The introduction into our curriculum this year of' a practical bus¬ iness course, under the care of a competent teacher of experience, has tilled a long felt want for something that will enable our graduates who do not attend college to enter the business world in the line of pro¬ motion. Besides the other advantages accruing from such training are obvious. None are allowed to enter this course until thoroughly prepared in English. The admission of more children made possible by the erection of the magnificent Woman’s Building, and the enlarge¬ ment of Rumple Hall, will soon call for the corresponding enlarge¬ ment of our present school building—-McNair Hall. We need more books for the library. No considerable accessions have been made in this respect for several years. Our reference works, dictionaries and encyclopedias are a decade behind the times Our corps of eleven teachers is made' up of cultured, refined, col¬ lege-trained women, the majority of whom have had much experience in their vocation. Considered as a whole, our school has made much progress and its success is highly gratifying. This fact does not deter us, however, from seeking to improve it constantly in any respect that we find its efficiency as a preparation for life may be promoted. At present, we have 196' children in the grades, and 64 in the High School. WORK The work on the farm, the truck farm, dairy, and repair depart¬ ment is done by the boys under a competent group worker in each de¬ partment. The girls likewise perform the necessary work in the laundry, sewing-room, kitchen, dining-room and the housekeeping for the va¬ rious cottages, under matrons. This work is done for the most part cheerfully and well. The new laundry and sewing-room, built and equipped by Mr. C. W. Johnston, of Charlotte, will soon put us far ahead in these two departments. As soon as we commence using the new laundry, the old laundry quarters will be converted into a print ship, and we are already tak¬ ing steps to secure the necessary equipment for this. We hope before summer to be again printing the Orphanage paper, and giving to a group of boys the very useful training to be gotten in this work. We plan to stump about twenty acres of partially cleared land to add to the farm; to put ten acres of the present farm into orchards, and to increase our herd up to at least fifty milkers, to care for the present enlargement of the Institution. A list of the products of farm and dairy is attached to the report. HEALTH Dr M. R. Adams, Physician Miss Della Brown, Nurse The health of the children during the year has been uniformly good, only one serious illness, which resulted in the death of one little boy. As an aid in the better care of the health, and promoting the physical development of the children, we have installed in the Infirm¬ ary a weighing and measuring apparatus, by which the children are all given examinations quarterly and growth and increase in weight carefully noted. If any one fails to show proper development, they are singled out for examination by a physician to determine, if pos¬ sible, the cause of their lack of growth. RECREATION The following recreational features have been added during the year: A splendid swimming pool, due to the generosity of the Men’s Club of the Second church of Charlotte. This pool, while not only being a tremendous source of pleasure to all the • children, is also an added fire protection. A wireless outfit has been installed in Alexan¬ der Building, the gift of Mr. W. W. Glenn of Gastonia. A moving picture machine, the gift of Dr. R. IT. Lafferty of Char¬ lotte, is now installed in the auditorium and by enabling us to give weekly shows, is proving a great source of pleasure and entertainment. A promising foot-ball team is being gotten up among the larger boys and is the cause of much enthusiasm. The necessary equipment has been furnished by a friend of the boys. The Mecklenburg Christian Union has equipped us with tennis and basket ball necessities, so that at present, athletics are flourishing in a healthy manner. EQUIPMENT During the year, there has been added a new kitchen, with bakery, cold storage and modern appliances of every kind. An enlarged din¬ ing-room, to care for the eventual five hundred, additional sleeping room in Rumple Hall to care for thirty more girls. I he Lottie Walkei Building, the gift of the ladies of the Synod, will house when full, sixty- eight girls. The new Laundry and Sewing-room, the gift of Mr. C. W. John¬ ston, will soon be ready for use. The central heating plant has been en¬ larged, the boilers being given by the Mooresville Cotton Mill. Annie Louise Cottage is about ready for use again after being re- modled This work being paid for by Mrs. John Sprunt IIill of Dur¬ ham. Heat has been installed in the Burrough s Building, the Super¬ intendent’s residence, and Alexander Cottage. Also. Alexander Cottage has been completely worked over inside, nainted, etc., and new furniture for sitting-room and bed-rooms pro¬ vided, the gift of the King’s Mountain Presbytenal. A new granary has been built and an additional dairy barn is now under construction. A residence for the manager is also in course of construction, vhich completes the list of buildings ordered by the Board during the year. ( 5 ) For the building program for the current year we recommend as follows, as a minimum: 1st Baby Cottage to care for 20 to 25 younger than six years. 2nd. At least one cottage for boys, of high school age, twenty-five capacity, but by re-arrangement, of present cottage will give added capacity of 35. 3rd. Teachers home to house ultimate capacity of 20 teachers and eleventh grade girls. If the Board sees fit, to enlarge on this program, another boys’ cottage would be in line, as capacity for 120 boys, will have to finally be added to balance up with the present capacity for girls. Other buildings needed to carry out the Synod’s five-year program will be enlargement of school facilities, and building an enlargement to the church, or a new church. An industrial building with wood working, and metal working, tools, and shoe shop for making and repair of shoes. The money outlay for the program as outlined is estimated as fol¬ lows : 1st. To carry out the needed repairs to Synod, Lee’s and Howard’s Cottages, and the completion of pro¬ jects now in building_ $20,000.00 2nd. Baby Cottage _ 20,000.00 3rd. Boy’s Cottage _ 25,000.00 4th. Teachers’ Home _ 25,000.00 Total_ $90,000.00 Money already in trust by legacy for Baby Cottage_ 10,000.00 Balance to be raised Thanksgiving Campaign_ 80,000.00 The support fund for current year is estimated at $70,00.00. Of this amount about $50,000.00 is supposed to be handled through the regular weekly contributions of the churches and subscribed to in the every members’ canvass. Whatever part of the entire $70,000.00 is not raised in this way, must be gotten through the Thanksgiving Cam¬ paign, in order to keep from going in debt. RELIGIOUS Rev. H. M. Parker, D. I). Pastor of Little Joe’s Church S. A. Grier, Sunday School Superintendent There are at present 101 church members among the children, twenty-six being added to the roll, by profession of faith during the past twelve months. Chapel is conducted every morning in the dining-room, just after breakfast, in which all the children join by repeating scripture and ( 6 ) singing. All except the very smallest attend prayer meetings in the church once a week, and in each cottage every night prayer services are held. Everybody attends Sunday school and church on Sunday, and we believe that the religious atmosphere is good. FINALLY We believe that God's blessing is on this work, as shown by the improved spirit of the Institution, and by the increasing generosity of the Church. We rely on His Divine guidance in carrying on this tremendous work, and hope through this Divine guidance and help, to each year make of this Institution a greater power for good, and an ever widen¬ ing influence in the Master’s Kingdom. JOSEPH B. JOHNSTON, Manager & Treasurer. Above report accepted by the Board of Regents and the minimum program adopted. R. MURPHY WILLIAMS, President. ACTION OF SYNOD AT LINCOLNTON Report of the Committee on Church’s Orphans’ Home. The report of the Regents was placed in our hands is submitted herewith. We note with interest the following summary of the work: Two hundred and forty-nine children in the home with 14 more accepted for admittance. The introduction last year of a business course into the curriculum and prospective plans for the early establishment of manual training, a physics laboratory, and a printing plant. Systematic measures for looking after the children’s health and physical development. The addition of a swimming pool and other desirable equipment for wholesome recreation. The building of a new kitchen modernly equipped, an enlarged din¬ ing-room, additional dormitory space for 100 girls, and a new laundry and sewing room, together with other enlargements and improvements. A strong emphasis on the religious development of the children. The fortunate securing of Mr. Joseph B. Johnston, to act as man¬ ager and treasurer and thus relieve Mr. Hyde of an impossible amount of double work which offices he is filling most acceptably. The expenditure of $145,050 for buildings, repairs and campaign ; $65,025 for general support, a total of $210,075. The property to the amount of 425 acres and 29 buildings which with furnishings and livestock is conservatively estimated to be worth $435,000. An interest-bearing endowment of $82,000. And additional in¬ vested funds of $12,000.' We rejoice at the great progress made, thank God and the Regents and management, and take courage for an expanding work in the fu¬ ture. RECOMMENDATIONS We recommend: I. That the Regents be authorized to go forward with the follow¬ ing building plans for the next year, if the way be clear. A baby cottage, capacity 25, $20,000. A cottage for boys, capacity 25, $25,000. A teachers’ home, capacity 25, $25,000. Repairs and completion of present work, $20,000. This totals $90,000. Of this amount $10,000 is a trust fund already in hand. II. That we seek to raise next year, $80,000 for building and re¬ pairs, and $70,000 for the general support fund, a total of $150,000. III. That we seek to secure $100,000 of this amount from the Thanksgivii i g offering. IV. That this Thanksgiving campaign be put on intensively with adequate preparation and advertising. SUPPORT AND BUILDING AND EQUIPMENT RECEIPTS BY MONTH October, 1921_$ 4,834.37 November, 1921 _ 17,887.01 December, 1921- 36,896.30 January, 1922 _ 8,997.02 February, 1922 _ 12,180.35 March, 'l922 _ 17,255.99 April, 1922 _ 20,250.11 May, 1922 _ 3,853.74 June, 1922 _1__ 1,991.40 July, 1922 _ 7,290.52 August, 1922 _ 9,979.32 September, 1922 _ 24,029.93 Total Receipts - Balance September 31st, 1921 $165,446.06 49,143.87 Total $214,589.93 ( 8 ) DISBURSEMENTS BY MONTHS October, 1921 _$25,897.38 November, 1921 _ 15,845.23 December, 1921 _ 20,660.42 January, 1922 _ 21,284.74 February, 1922 _15,314.29 March, 1922 _ 22,298.50 April, 1922 _ 11,209.33 May, 1922 _ 18,588.23 June, 1922 _ 11,076.73 July, 1922 _ 8,033.70 August, 1922 _18,751.87 September, 1922 _-_21,131.85 Total Disbursements _ $210,110.26 Money in Bank September 31st, 1922_ 4,454.67 Petty Cash _ 25.00 Total _ $214,589.93 FINANCIAL STATEMENT RECEIPTS Balance in hand of Treasurer October 1st, 1921- $ 49,143.87 Albemarle Presbytery-$13,112.08 Concord Presbytery_16,104.33 Fayetteville Presbytery- 15,995.67 King’s Mountain Presbytery- 6,873.58 King’s Mountain Pres. Paint for Alexander Bldg— 400.00 King’s Mountain Presbytery, W. W. Glenn for Radio 200.00 Mecklenburg Presbytery, Men’s Club Charlotte 2nd, for Swimming Pool-i- 400.00 Orange Presbytery - 35,029.57 Orange Presbytery, Mrs. Jno. Sprunt Hill, for Annie Louise Cottage_ 4,500 00 Wilmington Presbytery - 8,663.39 Interest - 9,066.04 Dividend on Mill Stock- 491.90 Sale of Cross Ties- 166.05 Sale of Rye, Oats, and Wheat- 104.86 Sale of Supplies- 792.44 Sale of Electric Current -- 1,504.52 Rent _ 717.96 Rent Truck and Teams- 342.13 From Bequest Fund- 7,150.00 Difference in Land Trade- 975.00 Miscellaneous - 7 -- 1,884.09 Money borrowed from 1st National Bank, Statesville ' against the Watts Legacy- 20,000.00 $165,446.06 Total _ $214,589.93 In addition to the above, the completely equipped laundry building has been donated by C. W. Johnston of 1st Presbyterian Church, Charlotte, estimated cost, $ 20 , 000 . FINANCIAL STATEMENT SALARIES Salaries -$23,571.79 Dining Room Supplies - 11,344.41 House Supplies- 2,748.65 Clothing and Shoes- 4,668.15 Farm Supplies - 3,922.87 Dairy Supplies- 3,015.64 Interest - 604.00 Traveling Expenses- 745.27 Labor _ 628.24 Repairs _ 7,604.43 Swimming Pool - 682.61 Advertising for Thanksgiving Campaign- 2,987.37 Campaign Expenses _ 2,895.00 Fairview & North Carolina Sanatorium- 810.27 Audit_ 123.74 Insurance _ 2,282.01 Fuel and Lights __- 4,450.14 Medical, Dental and Drugs - 500.79 Rumple Hall and Woman’s Buildings_128,219.27 Paint for Infirmary _ 225.78 Alexander Cottage - 1,953.94 Manager’s House - 485.09 General Expense _ 5,640.80 Cash in bank October 1st, 1922 Petty Cash_ $210,110.26 4,454.67 25.00 Total $214,589.93 INTEREST COLLECTED ON BEQUEST FUNDS Martha Haden Fund _ $60.00 McBryde Scholarship Fund _ 60.00 Ralph Balfour Johnston Fund__ 60.00 I. R. A exander Fund - 60.00 H. T. Ham Fund---_ 60.00 Jennie Howie Mcllwaine Fund _ 60.00 J. C. Burroughs Fund_ 4,531.35 J. M. Davis Fund _ 39.00 Levicey Potts Mcllwaine Fund _ 60.00 Mary I. Crawford Fund_ 300.00 Henderson & Harriett Cotton Mill Stock (Dividend) _- 491.90 McLeod Fund - 240.00 Geo. W. Watts Fund- 2,000.00 D. H. Ray Fund_ 200.00 R. R. King Fund __-__ 2.50 Total $8,224.75 PRODUCTS OF FARM AND DAIRY DAIRY Stock on hand: 37 milk cows, 5 heifers, 11 heifer calves, 2 bull calves. Used for beef: 2 cows, (culls) 1 bull, $400.00; 18 calves. MILK AND BUTTER FURNISHED 21,900 gallons of milk at 50e_ $10,950.00 4,015 pounds of butter at 50c._ 2,007.50 Total - $13,357.50 TRUCK FARM 225 bushels beans at $1.50_ $ 337.50 17 bushels English peas at $2.00 _ 34.00 50 bushels Sweet pepper at $1.00 _ 50.00 100 bushels tomatoes at $1.00_ 100.00 50 bushels butter beans at $1.00____ 50.00 25 bushels dry beans at $2.00 _ 50.00 250 bushels Irish potatoes at $1.50 _ 375.00 600 bushels sweet potatoes at $1.00 ___ 600.00 400 bushels peaches at $2.00 ____ 800.00 50 bushels apples at $1.50 _ 75.00 500 doz. beets at 15c. _ 75.00 600 doz. corn at 25c. _ 150.00 Turnips and salad _-__ 200.00 Cabbage -- 300.00 Onions -----_ 175.00 Lettuce, etc. - 75.00 $3,446.50 FARM 1200 bushels corn at 75c._$ 900.00 800 bushels wheat at $1.25 _ 1,000.00 240 bushels oats at $1.00 - 240.00 76 bushels rye at $1.25 _ 95.00 jl 00 tons clover hay at $30.00 - 3,000.00 30 tons pea vine hay at $30.00 _ 900.00 Fodder and tops --- 100.00 1600 bales straw at 50c. 800.00 75 tons silage at $30.00 _ 2,250.00 150 tons stover at $15.00 _-_ 2,250.00 25 bushels peas at $1.50 - 37.50 15 bushels clover seed at $12.50 - 187.50 18,000 pounds pork at 20c.- 3,600.00 75 tons of manure at $3.00 ______ 225.00 Total _$ 15,585.00 INVENTORY Land, 425 acres -$ 21,250.00 Buildings _400,000.00 Red Springs Building and Lot_ 2,000.00 W'agons, horses, etc. - 6,000.00 Ingram Lands (Cabarrus County) - 2,800.00 Herd, _-__ 3,000.00 Total _—-_$435,050.00 (ID Contributions by Churches from each Presbytery From Oct. i t 1922, to Sept. 30, 1922. ALBEMARLE PRESBYTERY Name of Church Church I S. School Atkinson Mem. Anderson___ Belhaven _ Bethlehem__ Brookston _ Calvary _ Cann Mem_ Enfield _ Falkland_-_ Farmville- Fellowship- Fountain - Geneva-- Goldsboro- Grassy Creek— Greenville _ Henderson _ Howard Mem_ La Grange_ Littleton_ Louisburg _ Morton _ Mt. Pleasant_ Mitchener Mem.. Mahala _ Leggetts_ New Bern_ Norlina _ Nutbush _ Oak Hill_ Olivet _ Oxford _ Payne Mem_ Parmele _ Pinetops _ Raleigh _ Rocky Mt. 1st_ Rocky Mt. 2nd_ Roanoke Rapids . Scotland Neck_ Smithville _ Snow Hill_ St. Andrews_ Tillery _ Varina _ Weldon_ Warnenton _ Washington _ Wilson _ Willow Springs_ 130.10 7.00 41.10 15.00 14.60 51.60 10.00 9.50 301.00 160.00 36.00 3.00 323.54 1,500.00 27.22 6.20 3.68 31.00 26.32 192.78 32.00 42.65 35.00 247.85 21.02 252.40 2,336.77 1,417.07 10.68 35.30 42.00 8.00 17.10 55.00 329.38 811.10 18.96 62.50 18.23 28.00 12.59 40.00 10.50 Society $- 87.50 137.50 10.00 6.50 89.08 27.50 Indiv. Total B. & E. 20.00 22.50 86.00 11.00 40.00 43.00 11.50 29.00 8.00 128.00 12.00 10.00 5.00 1.00 130.10|$. 62.501 7.00 j 41.10| 15.00| 14.60| 27.501 69.831 58.00 9.50 313.59 200.00 46.50 3.00 438.54 1,851.50 27.22 10.00 12.00 6.20 3.68 58.50 j 26.32| 5.001 321.86| 75.00| 42.651 46.501 -1 277.85) 21 . 03 ! 260.401 81.00 235.00 26.75 86.50 30.00 130.00 2,474.52 1,868.57 10.68 251.08 50.78 165.00 5.00 47.00 8.00 1.00 18.10 5.00 73.25 596.08 1,074.87) 18.96 5.00 15.25 240.75 3.00 26.00 3.00 121.70 12.00 130.00 225.00 346.86 428.40 Name of Church Young Mem. Church 5.50 S. School Society Indiv. Total 5.50 6.81 8.50 B. & E. Sharp Point 6.81 8.50 “ White Hill Wm. Mary Hart_ Chapel — — 81.00 81,00 Albemarle Presbyterial for the “Lottie Walker Building”_ 1,079.46 Total -1$ 8,688.40|$ 1,269.21|$ 622.75|$ 452.00|$11,032.36|$ 2,079.72 CONCORD PRESBYTERY Name of Church Back Creek Bayless Mem. Beattie Mem. Bethany_ $ Betbesda Bethpage _ Bridgewater _ Centre _ Cleveland _ Clinchfield - Concord 1st - Concord 2nd_ Conocrd Iredell_ Cooleemee _ Clio _ Davidson - Elmwood - Fifth Creek_ Franklin - Front Street- Gilwood _- Harmony _ Glen Alpine_ Houstouville _ Harrisburg _ Hickory - Kannapolis - Lenoir -1 Little Joe’s- Marion _ Mooresville 1st- Mooresville 2nd- Mocksville - McKinnon _ Morganton - Mortimer - New Salem- Newton - Oakwoods _ •Old Fort- Patterson Mill- Poplar Tent- Prospect -,- Quaker Meadow— Rocky River- Salisbury 1st- Salisbury 2nd- Sevier - Siloam - Church S. School Society Indiv. Total B. & E. 150.49 $ 22.21 $ 3.00 $- $ 175.70 $ 4.20 30.00 30.00 31.26 31.26 19.34 19.34 26.10 26.10 50.55 10.00 60.55 53.75 26.70 9.00 89.45 2,038.59 692.96 25.00 2,756.55 80.00 8.63 83.47 92.10 166.86 30.06 196.92 206.00 5.00 211.00 34.50 10.00 44.50 1,136.31 12.84 13.00 1,162.15 19.00 23.50 42.50 25.37 9.00 34.37 25.00 10.00 35.00 125.00 51.48 8.25 184.73 88.00 18.06 13.00 119.06 34.46 34.46 50.00 7.50 57.50 684.16 152.90 6.00 110.00 953.06 25.00 103.50 86.60 190.10 562.26 36.00 141.55 240.00 979.81 15.37 109.30 5.00 114.30 102.00 32.50 32.50 32.50 166.50 640.60 97.141 173.0C | 3.0C 913.74 196.52 9.00 205.52 51.75 98.03 149.78 212.77 327 90 81.75 409.65 404.14 223.22 7.00 68.00 93.00 301.22 39.00 39.00 505.00 75.00 15.00 25.00 620.00 15.00 2.00 2.00 6.00 6.00 32.00 32.00 57 20 57.20 94.75 31.25 9.65 135.65 12.75 41 86 17.00 58.86 105.00 85.64 23.50 100.00 314.14 1,119.66 347.00 24.75 26.00 1,517.41 82 00 82.00 30 00 30.00 10.50 15.10 25.60 ( 13 ) Name of Church Shearer - Shiloh _ Sherrill’s Ford- Spencer _ Statesville 1st- Stony Point- Tabor - Taylorsville _ Third Creek- Thyatira _ U nity _ Waldensian _ White Hall_ Yadkinville _ Church S. School Society Indiv. Total B. & E. 7 61 7.611 _ 45 47 45.47 _ 8 10 11.01 19.111 18.00 70 00 20.00 14.00 104.00j _ _ 1,475.79 123.61 16.00 63.00 1,678.40 j 25.00 25 75 2.00 27.751 - _ 5.55 4.45 5.00 15.00 j 150.00 36.00 186.00 j 30.00 24.75 54.75 j 143.74 39.80 9.00 192.54 j 32.49 5.00 37.49 j 30.20 30.20j 13.00 13. 0 0 1 Concord Presbyterial ------| 84.00 Total _|$11,442.50|$ 2,409.80|$ 614.70|$ 741.00]$15,208.10|$ 802123 FAYETTEVILLE PRESBYTERY Name of Church Aberdeen - Antioch _ Ashpole - Aberdeen Chapel— Barbecue - Bensalem - Benson - Alaska - Bethel _ Bethesda - Big Rock Fish_ Bluff _ Broadway- Buie’s Creek- Buffalo _ Bunlevel - Cameron _ Cape Fear _ Carthage _ Community _ Center - Center Ridge- Culdee _ Church of Covenant Cypress _ Cumnock _ Church in the Pines Duke - Dunn - Dundarrack _ Elise _ Elrod _ Ephesus _ Euphronia - Eureka _ Fairmont _ Flat Branch- Fayetteville 1st_ Galatia _;_ Gibson _ $ Church 40R0 119.10 291.38 I S. School $ - $ 21.32 25.81 2.00 Society 2 LOO Indiv. $ -— $ 183.40 37.00 32.90 5.00 103.43 177.25 11.89 52.36 10.27 21.00 22.00 32.10 145.00 211.00 1.44 171.91 19.00 9.00 6.00 103.54 95.19 229.71 15.07 15.00 14.50 4.00 38.74 25.32. 1,187.59| 47.75! 137.50 17.20 69.50 26.51 27.97 25.00 10.00 37.46 25.50 10.04 64.28 3.00 34.00 15.00 10.00 24.00 12.25 5.00 7.50 7.00 1.75 54.00 15.00 9.00 10.00 382.00 Total 61.00 323.82 217.19 2.00 B. & E. $ - 37.00 32.90 5.00 103.43 348.75 29.09 21.S6 25.27 21.00 58.51 32.10 172.97 8.00 29.00 10.00 221.00 1.44 195.91 19.00 37.25 24.00 6.00 141.00 95.19 262.71 15.07 32.04 14.50 5.75 38.74 54.00 25.32 1,648.87 59.75 38.00 6.25 3.00 ( 14 ) Name of Church Grove _ Godwin._ Gulf _ Four Oaks _ Harnet _ Haywood _ Highland - Hebron _ Hillside _ Hope Mills _ Iona _ ■Jackson Springs_ Jonesboro _ Jernigan _ Kenley _ Laurel Hill_ Laurinburg _ Leaflet _ Lillington_ Lumber Bridge_ Lumber ton_ Lakeview _ j Manly _ Lakeside - Maxton - McMillan _ McPherson_ Midway-- Milton_ Mizpah - Montpelier _ Mt. Tabor_ Mt. Pisgah_ Vernon Springs- Olivia - Naomi_ North Lee- Oak Grove_ Palestine _ Oakland - Pinehurst - Parkton - Pembroke --— Phillipi - Philadelphus _ Pittsboro - Packet - Progressive - Baeford _ Bed Springs- Bennert - Bex _ Bock Branch- Bowland - Salem - Sanford - Sandy Grove- Sardis _ Selma _ Shannon - Sherwood - Church S. School 8.541 32.001 41.50 j 5.00 25.00 181.00 1.25 5.00 86.40 214.00 88.23 32.40 141.25 1 , 386.71 7.00 75.00 84.07 44.23 26.751 27.60 6.00 626.24 150.62 20.00 80.60 250.00 18.00 35.00 3.00 25.43 17.00 40.00 20.77 91.31 65.16 53.36 4.00 6.75 83.25 28.80 10.00 228.86 17.60 55.46 22.30 Society 20.00 5.00 11.00 8.00 25.50 19.30 38.00 9.00 122.25 25.00 15 . 00 | 65 . 75 ! 18.00 6.00 14.00 _| 11.00 15.00 Indiv. 5.00 Total | B. 8154 | 77 . 43 | 58.50 5.00 5.00 25.00 232.60 1.25 5.00 120.17 248.81 153.39 105.06 4.00 6.75 141.25 1 , 424.71 7.001 84.00 j 289 . 57 | 823 . 03 | 36 . 75 | 42 . 60 | 6.00 920.851 186.22 26.00 80.60 319 . 46 | 22 . 30 | 29.00 j 35 . 00 | 15.001 3 . 00 | 4.00 28.00 31.13 105.50 9.90 90.00 80.85 30.00 4.00 452.41 622.85 5.00 3.00 371.00 28.00 165.4 I 8.00 32.77 11.25 | 4.001 8 . 00 ! .[' 36.00 j 31.13 j 82.70 47.90 _ _ | 130.60 j 12.09 | 117.59 10.00 11.00 j 30.90 j 10.00 4.00 __| 104 . 00 | 30.98 10.00 _ I 121.83 | 30.001 j 4 00 133.23 29.30 j 614 . 94 ’ 159.65 . . | 784.00 '[ 5.00 25.00 9.50 27.50 52.92 _ _ 1 52.92 115.24 108.65 594.89 j 28.00 . 140.09 100.00 15.00 420.53 j 8.00 _ j 32.77 10.25 I 10.25 4.34 _ j 45.55 & E. 15.00 55.00 45.00 8.00 408.80 40.00 10.00 127.08 3.54 ( 15 ) Name of Church Church S. School Society Indiv. Total B. & E. Shiloh 25.30 5.00 30 30 Smyrna 20.00 30.00 22.75 72 75 Smithfield 192.07 67.61 13.00 1.50 274 18 Spencer 15.20 15.20 Spring Hall Summerville 7.00 7.00 Sunnyside 40.50 1.35 41 85 St. Andrews 32.00 16.91 48 91 10 00 St. Pauls 539.45 74.78 29.00 643 23 44.00 Union 27.49 27 49 Yass 101.10 66.11 5.00 172 21 West End 40.00 7.94 47.94 Westminster 29.16 29.16 White Hill 7.05 30.78 37.83 Rosenath 6.75 6.75 Raven Rock 3.00 ___ 3.00 Fayetteville Pre sbyterial ! Lottie Walker Building 178.80 Total |$10,575.26)$ 2,123.84)$1,377.051$ 755.501$14,865.20 $ 1,130.47 KING’S MOUNTAIN PRESBYTERY Name of Church Belmont - Bessemer City- Bethany _ Bostic _ Brittain _ Castanea - Cherryville - Oliffside - Columbus _ Covenant _ Duncan’s Creek- Dallas _ Ellenboro _ Eastside _ Forest City_ Gastonia - Goshen - Hepzibah - High Shoals_ Hebron - Iron Station_ King’s Mountain-- Lincolnton _ Long Creek_ West Avenue- Lynn _ Lowell _ Machpelah - Mount Holly- Cramerton _ Rutherfordton _ Saluda _ Sandy Plains- Shiloh _ Shelby - Stanley Creek- Union - Unity _ New Hope- Olney _ Church S. School j Society Indiv. | Total B. & E. $ 488.35 24.25 19.70 36.60 14.48 26.00 60.50 21.75 1,603.96 $ 19.00 30.00 55.57 21.00 2.75 195.00 22.20 196.48 75.00 595.65 37.25 62.00 53.65 35.53 115.82 8.23 50.631 79.88 162.32 — 79.23 — 218.58 105.79 291.74 134.47 16.60 41.26 50.00 4.65 16.60 94.00 65.00 7.25 205.62 $ 992.50 (16 $- ■ 1 $ 30.00 18.00 414.00 27.25 9.74 23.00 23.00 6.00 10.00 5.00 $ 473.351 $. 24.251 14.00! 200.00 29.701 66.60 j 14.481 5.001 31.00| 90.50| 95.32j 21 . 00 | 2.75 j -1 2,012.96| 22.20 685.48 622.90 37.25 62.00 88.98 133.79 153.51 241.55 324.37 449.21 16.60 91.26 4.65 110.60 72.25 5.00 1.00 558.99!$ 226.00 $ 5,983.51)$ 1,490.07 Total MECKLENBURG PRESBYTERY Name of Church j Church S. School $ 36763 Albemarle _ Allen _ Alton _ Aquadale _ Amity ___ Bethany _ Banks _ Bethlehem _ Beulah _ Bethel_ Biscoe _ Brainard _ Cameron_ Carmel _ Candor _ Central S. Creek Charlotte 1st_ Charlotte 2nd — Cornelius _ Cook’s Mem_ Elerbe - Hamlet _ Hopewell _ Huntersville _ Indian Trail- Caldwell Mem._ Lilesville _ Locust_ Macedonia _ Mallard Creek__. Mark’s Creek_ Marshville _ Matthews _ McGee _ Midland - Monroe_ Morven - .Midway - Mt. Carmel- Mt. Gilead- Mulberry _ Newell _ North Charlotte_ Norwood_ Oakboro _ Pageland _ Palestine - Peachland — Paw Creek_ Pee Dee- Porter - Regram St_ Philadelphia - Pineville _ Pleasant Hill- Providence _ Polkton - Rehoboth _ Ramah _ 5.00 35.00 $ 202.18 Society I Indiv. I Total B. & E. $ 15.001 $__|$ 5.00 253.811 $. - 1 5.00 105.10 60.00 10.00 70.00 4.00 4.00 95.00 5.00 100.00 40.08 40.08 8.50 8.50 7.50 7.50 41.37 41.37 12.20 12.20 085.88 176.00 167.90 10.00 7,439.79 280.23 400.00 755.85 4,436.08 68.00 45.58 113.58 85.25 4.50 89.75 11.07 11.07 89.01 42.47 8.00 139.48 60.47 69.40 39.00 170.87 45.20 45.20 3.00 5.00 8.00 435.79 46.47 18.75 589.01 | 50.00 12.00 14.00 76.00 13.50 13.50 31.50 10.00 41.50 20.00 64.68 84.68 3.52 3.52| 67.51 25.00 92.51 71.98 40.00 111.98 10.00 10.00 2.15 2.151 155.12 25-.00 180.12 j 100.91 11.06 6.00 117.97 11.40 37.50 48.90 18.40 18.40 75.00 75.00 10.00 10.00 170.85 40.00 210.85 15.60 9.00 24.60 4.25 4.25 30.00 10.00 40.00 66.73 300.00 366.73 10.00 54.20 10.00 74.20 98.00 25.00 9.00 132.00 76.00 42.00 118.00 26.50 —- 26.50 615.00 4.00 25.00 308.20 8.53 5.00 ( 17 ) Name of Church Church S. School Society Indiv. Total B. & E. 30 83 30.83j Rodk i n gli a 771 100.50 50.00 8.00 158.50| 15.00 Rop.ky kivor - - i ftji 1 em _ _| _ St. Paiils 14.00 63.00 77.00| - ___ _ Seversville 76.501 76.50 j 101.00 SWi a.T’oii 155.11 53.46 208.57| — __ Siler f 3.00 Six Mile Stanfield | _ Steele Creek 452.00 452.00J _ Sugar Creek 182.20 75.67 24.00 281.87 j _ Troy 16.10 10.00 5.00 31.10 j Tenth Ave. 50.00 35.50 114.85 200.35 Union ville Wa.desborn 120.00 53.85 19.00 192.851 _ Wadesville 5.00 5.00 j Walkers ville j Wilmore 1 | Waxhaw | 16.12 12.95 8.00 37.07| West Avenue | 118.88 13.13 10.00 142 01 j Westminster 1,467.39 120.40 7.00 1,594.79 j 25.00 Willinmp 173.60 45.44 81.80 300 84- j Norm a n 4.05 1.50 5.55 j Thomasboro 98.75 98.75 j Tjee Park 5.00 5.00j Mecklenburg Presbyterial for Woman’s Building | 815.00 Total _|$15,437.271$ 2,066.731$1,572.351$ 326.50|$19,402.85|$ 1,969.60 ORANGE PRESBYTERY Name of Church Alamance _j$ Asbury - Ashboro _ Bethany _ Beulah - Bethel _ Bethlehem _ Bethesda - Bessemer Ave_ Blacknall Mem_ Buffalo - Burlington _ Carson Mem_ Clark Mem_ Chapel Hill_ Church of Covenant Cross Roads_ Delane _ Danbury_ Dan River_ Dacotah _ Durham 1st_ Durham 2nd- Ebenezer _ Edgemont _ Efland _ Elam _ 3.19 88.25 15.50 8.31 464.47 276.43 18.93 46.64 950.17 2.80 13.00 2,165.99 10.00 114.23 1.00 64.54 20.42 _ 4.50 36.50 91.40 5.00 420.95 10.00 Society Indiv. Total $ 17.001 $ 318.17 4.00 36.00 104.54 3.19 10.25 — 118.92 30.00 50.00 1.00 9.31 23.00 59.50 45.00 600.87 28.00 30.00 334.43 18.93 — 9.50 61.14 13.00 300.00 1,263.17 22.00 22.00 — 9.00 11.80 13.00 10.00 4,534.05 7,130.99 4.00 4.00 10.00 114.23 11.00 — — B. & E. $ - ( 18 ) frame of Church | Church | S. School | Society [ Indiv. | Total B. & E. Elkin 1st Elkin 2nd_ Elmira _ Eno _ Fairfield _ Gilead _ Glade Valley_ Glenwood _ Graham _ Greensboro 1st_ Griers _ Greenwood _ Hawfields _ Hills _ High Point_ Hillsboro _ Hurdle Mills_ Jamestown_ Jefferson _ Leaksville _ Lexington _ Little River_ Madison _ Mebane _ Midway - Milton _ ML Airy_ New Hope_ North Eno- North Wilkesboro_ North Winston_ Obids _ Piedmont _ Pine Ridge_ Pine Hall_ Pleasant Garden- Pleasant Grove _ Red House_ Keidsville - Rocky Ridge_ Reynolda - Roxboro _ Saxapahaw _ Shiloh _ Smyrna - Spray - Springwood _ Speedwell - Stoneville - Stony Creek- Thomas ville - Waughtown - Wentworth _ Westminster - Wilkesboro - Winston 1st- Yanceyville - Church Side Road- 84.50 14.25 48.75 23.84 3.00 22.89 97.50 839.76 3,631.53 6.78 46.20 136.75 10.00 16.00 715.17 127.80 138.20 136.05 22.00 10.00 394.49 38.82 231.63 100.00 6.00 26.62 .60 .61 2.00 31.00 416.60 1,148.00 5.00 7.00 23.96 6.00 27.27 114.53 4.00 13.00 16.00 24.00 68.82 515.39 30.00 3,689.34 26.00 28.00 Orange Presbytery for the Worn en’s Building- 84.501 14.25| 48.75 23.84| 3.00 j 22.891 97.50 847.76| 3,847.81 12.00| 6.78 83.00| — — — — | — — 8.0 01 47.68 168.60 12,00 — 24.30 123.45 12.50 114.50 237.95 142.75| 6.00 — — 10.00 32.00 942.98 128.80| 138.20| 203.55 33.00 15.00 394.49| 45.82 6.00 10.00 227.81 1.00 42.50 11.00 5.00 25.00 7.00 324.58 261.65 62.00 14.00 14.50 632.711 375.65| 6.001 26.62| .601 .61| 2.00| — — — — 15.00 14.00 6.13 160.00 — 46.00 547.63 6.13 1,308.001 50.39| 7.00 23.961 6.00 41.27 114.53| 4.001 13.00| 16.00 j 38.00 112.031 1 | 117.03 45.39 — — — 9.00 14.00 7.50 218.04 35.71 185.41 7.50 926.34 30.00 4,384.531 41.50| 28.00 74.19 4.50 221.00 11.00 400.00 — 635.00 125.00 55.00 ,48.25 11.17 184.89 12,000.00 WILMINGTON PRESBYTERY Name of Church | Acme _j Bethcar _| Beulah ville _| Black River_| Bladenboro _| Bolton _ Brown Marsh_ Bethany - Calypso _ Caswell _ Chadbourn _ Chinquapin - Church of Covenant Clarkton _ Croatan - Currie - Delgado _ Elkton - Elizabethtown _ Faison _ Groves Mem_ Grove _ Lake Wacamaw- Hallsville_ Harmony - Hebron _ Hopewell _j Glengarry _ Holly Grove- Immanuel- Jacksonville - Keith _ Maple Hill_ Mt. Horeb- Mt. Olive_ Mt. Williams_ Mt. Zion_ New Hope_ Oak Plains- Pearsall Mem_ Phoenix _ Pike _ Pink Hill_ Pollocksville _ Rockfish _ Smiths - St. Andrews- Seven Springs- South River- Stanford -- — Southport - Sweet Home- Teacheys - Topsail - Vineland- Whiteville - Wallace --- Warsaw' - White Plains_ Church S. School j Society Indiv. Total 15.001$_ |$- |$_ |$ 15.00 1 68.70 68.701 1 | 7.00 | 1.00 8.00 1 8.00 1 8.00 j 18.28 18.28 j 15.00 15.00 j 20.41 24.66 45.00 25.00 115.07| 21.35 21.35 1 108.50 2.26 3.00 113.76 33.00 5.00 38.00| 13.00 13.00 j 4.46 4.46j 719.24 5.00 3.00 12.50 739.74 f 415.45 415.451 10.00 10.00! 18.00 18.00 16.28 16.28 j 11.00 11.001 40.00 45.00 85.00 j 54.86 38.30 9.00 102.16 j 100.85 10.00 7.00 114.96 232.81 7.00 10.00 17.501 6.00 6.00 j 27.00 27.00 15.25 15.25 j 1.20 1.201 50.00 50.00 5.00 5.00 1 25.00 25.00 90.40 35.00 125.40 32.50 — — 32.50 11.00 5.00 2.00 18.00 284.46 88.85 25.00 398.31 14.10 14.10 91.75 22.00 6.00 119.75 15.00 __ _ 15.00 20.00 15.00 35.00 44.62 10.00 54.62 17.00 5.00 22.00 22.60 — 22.60 24.50 10.00 34.50 101.00 | 101.00 12.68 _ 12.68 1,731.70 98.75 25.00 1,855.45 12.70 7.00 19.70 25.69 9.50 35.19 7.00 7.00 42.00 42.00 35.50 35.50 100.57 5.00 25.00 130.57 125.00 19.50 12.00 156.50| 120.00 7.00 20.00 147.00| 14.33 14 33 & E. 24.50 19.00 21.50 17.00 83.35 ( 20 ) Name of Church Church S. School Society Indiv. Total B. & E. Willard 23.30 6.00 1,681.76 27.05 23.30 6.00 1,970.19 49.67 Wildwood Wilmington 1st- Winter Park 117.93 15.62 170.50 7.00 5.00 _ East Arcadia _ 10.00 Wilmington Presbyterial for the Lottie Walker Building_j 766.32 |$ 5,944.881$ 1,130.381$ 452.50|$ 189.46>|$ 7,716.72|$ 946.67 Total / f / REPORT OF MANAGEMENT TO BOARD OF REGENTS PRES¬ BYTERIAN ORPHANS HOME OCTOBER 1, 1922, TO SEPTEMBER 1, 1923. During the year just closed, ninety-three children have been admitted to the Home. Twice as many as in any previous year. Fifty-one have left; six by graduation, forty-five replaced in their homes, or in satisfactory positions. Of the graduates, four are at¬ tending college this fall. HEALTH—Last fall we had a severe epidemic of influenza; at one time having eighty patients—seven pneumonia cases in the number. This was closely followed by measles, but we are thankful to report that all the sick recovered without any ill effects. It was necessary to put on four additional nurses for a period of six weeks to handle the great number of sick. Without our splendid Infirmary the situation would have been desperate. In addition to the above, there have been two operations for ap¬ pendicitis and fifty-seven for tonsils and adenoids; all these being performed by the Statesville surgeons, free. RELIGIOUS—In addition to the regular church activities, the young people’s societies are in a flourishing condition. Both Senior and Junior Christian Endeavor, under the sponsorship of Miss Alice Alexander, are showing gratifying progress. Representatives from our societies to the district meetings invariably make a favorable impression and we are glad to send them out. SCHOOL;—Some changes in our school organization, we believe, are working out advantageously. A more careful arrangement of the commercial courses, so that the purely academic students are not overburdened, is more satisfactory. An ungraded room, covering from the fourth grade through the seventh, for the children who, from lack of opportunity or otherwise, are much behind the other children of their age. This plan is already showing marked success, not only in the very noticeable progress in the ones in this room, but the more satis¬ factory handling of the regular grades since the separation. Our school building is so crowded that we have found it nec¬ essary to run a partition through the Library to make an additional class room. We have a splendid faculty and are requiring more rigid observance of standards set up in the State system. [ 2 ] WORK—The addition of two new departments for boys, and the larger proportion of small boys as compared with previous years has made us really sliortlianded in this particular. Of the 118 boys, 45 are too small except for the very simplest work, sixteen of the size just large enough to work are house, kitchen and office boys; eighteen of the next larger size are kept very busy in our enlarged dairy. This leaves only thirty-nine to divide between the farm, truck-farm, mechanical department, printing shop and shoe-repair shop. The completion of the Jennie Gilmer Cottage will remedy this condition somewhat, as it will more nearly equalize the number of boys and girls. The farm is just completing the most successful year in its ex¬ istence, the production of all the major crops exceed in quantity any former crop and the condition of the land is continually improving. One contributing factor to this condition is the result of building a year ago, a barn to house and feed the cattle separate from the milk¬ ing barn. This barn has directly resulted in the production of seven¬ ty-live tons of manure per month as against seventy-five tons per year previously. The main contributing factor, however, is the care¬ ful management and energy of Mr. Lackey, the farm manager. Fotry-seven acres have this year been put in red clover; twenty- six acres in grass for permanent pasture, and three acres in alfalfa. This means less acreage for grain, but will give just as large return in things more suited to our needs, and more easily worked. In addition to the farm work, this department sawed nearly all the lumber used in construction this year. The itemized report following, shows the dairy also to have greatly increased in production over any previous year. The abun¬ dance of whole milk is in no small way responsible for the healthy well nourished condition of the children. Our herd is so carefully looked after and so efficiently handled by our dairyman, Mr. Privette, that our dairy is made one of the show places for visitors to see. TRUCK FARM—Mr. Thomas, with a Fordson tractor and a group of small boys keep us supplied with vegetables and it is in a great measure due to his careful planning and management that we sur¬ vive during the vacation days when our friends are so widely sepa¬ rated from their check-books. In addition to looking after the truck farm, Mr. Thomas also looks after the orchards. The production in this department was hurt by the total failure of the peach crop. EQUIPMENT—Since our last report, the remodeling of Annie Louise Cottage has been completed, and Synod completely remodeled. The present condition of these two buildings is right on a par with the newest dormitories, and this is reflected in the more satisfactory condition of the children being housed in them. Little Joe’s church has been put in good repair, and freshened up inside with paint. The completion of the laundry and sewing room puts us ahead of any institution of like character in the State in this particular de¬ partment. The Manager’s house has been built, and the Jennie Gilmer Cot¬ tage for boys is at present about 85 percent completed. This cot¬ tage being built with the gifts of Mr. C. W. Johnston of Charlotte and Mr. P. Pearsall of Wilmington, in addition to the $10,000.00 legacy of Miss V. G. Gilmer of Greensboro, will house about thirty high school boys when complete, and will be in all but size, a com¬ panion building to the Lottie Walker building for the larger girls. THE BABY COTTAGE—The gift of a generous friend of Bel¬ mont, is about 80 percent complete, and will be the home of twenty- four children from two to six years of age. During the erection of this building, we have taken care of the more distressing cases of very young children in Howard Cottage, at present having ten, and giving them the best care possible with the rather scanty equip¬ ment available. Mr. James Sloan of Winston-Salem has been the friend to come* forward and give us the printing outfit we asked for a year ago. This machinery is now installed in the old laundry-room in Alexander building and the shop is being arranged and gotten ready to run by Mr. J. A. Brady, our most valuable friend of the Brady Printing Company. A shoe-repairing outfit has also been installed in Alexander building and all shoe repairing is now being done by the boys under a competent foreman. This is not only a means of teaching a useful trade, but a very economical proposition; it having already shown a substantial .saving in the fall crop of repair work. A recently installed telephone exchange connecting the various cottages is a very helpful addition to the plant. The operation of the switch-board is done by a thirteen year old girl. LIBRARY—Due to the efforts of our librarian and third-grade teacher, Miss Fannie Foust, State-wide interest in our libraiy has been aroused, and gifts of books and money to buy books have come in from all sides. From a rather meager supply of old reference books, and much thumbed fiction a year ago, we are now acquiring a splendid collection of books both for reference and entertainment. CLOTHING—The clothing department, with the constantly in¬ creasing number o£ children, demanded a different system of handling from the old practice, and we have been so fortunate as to secure ( r [ * ] Miss Mary Lea to take charge of this department. Her duties are to handle all correspondence with clothing people, to notify them when a child leaves or reaches the senior class, and if possible, have them take another child in its place. To interest societies and in¬ dividuals in clothing children otherwise unprovided for. In cases where money is provided instead of clothing, her duty is to have clothes made in the sewing room and delivered to the child designated. Also to see that all children without clothing people are properly provided for. RECREATIONAL —Our comparatively small number of boys for the work to be done, kept us from any participation in summer athletics, but with the coming of fall, foot-ball with the boys and bas¬ ket-ball with the girls, is again being taken up with enthusiasm. Our foot-ball team is now self-supporting; taking in enough money for games played to buy all equipment necessary. MISCELLANEOUS —The start made last year in requiring the senior bovs to buv their clothino;, and paying them a small monthly wage, seems to show excellent results, in teaching while they are still with us, something of the handling of money for their needs. • As a result of this experiment, this practice has, this year, been extended to include both boys and girls in the senior class. This does instil a healthy spirit of self-reliance in addition to the advantages mentioned above and this together with the modified form of student self-government by which we are beginning to handle the matters of discipline among the larger students is, we believe, making a more healthy-minded, normal individual. Their ability to look a person straight in the eye is certainly more pronounced. The number of children now in the Institution are 291—118 boys and 173 girls; 62 in the high school, 218 in the grades and 11 in the baby colony. The completion of the new building, will increase this capacity to about 340, and the repairing of Howard Cottage, again putting it in commission as a dormitory for girls, will make total capacity, 355. This constantly increasing number presents quite a few prob¬ lems in addition to the assimilation of so much raw material. The securing of suitable matrons, t’lie selection and housing of additional teachers, and the providing of the numberless items needed for an increased number. For instance, the forty odd increase during the year means the addition of five tables in the dining room, at least four dozen each of knives, forks, plates, cups, etc., ten table cloths, two hundred school books, five cows added to the herd to provide the extra milk. In addition to the dormitory space for the children, furnished rooms must be provided for one extra matron and one teacher. These are a few of the extra expenses that an increasing number of children cause that can not be charged to new equipment, always. FINANCIAL —The building program for the past year has been paid for by a very few individuals leaving the support to the general contributions of the Church. This has fallen much below our needs and we are at present carrying a debt at our bank, in addition to ow¬ ing quite a number of overdue accounts. The danger of permanent hurt to the Institution is so great, if this course is allowed to continue, that we strongly recommend a sus¬ pension of the building program until the Church adjusts itself to the present enlargement. The following recommendations are respectfully submitted: RECOMMENDATIONS Paying off of the present deficit _$32,000.00 The thorough repairing of Lees and Howard Cottages_ 6,000.00 Change in the heating system to more economically heat the buildings and provide hot water from same system— 5,000.00 Auxiliary heating plant in the Infirmary_ 1,500.00 Additional Well _ 2,000.00 Emergency Fund - 3,500.00 For support exclusive of major repairs and buildings_ 100,000.00 $150,000.00 The First Item, of course, does not admit of argument. The Second Item is absoutely necessary for the continued use of these buildings; it is impossible in their present state to keep sani¬ tary and healthful. Item Three is an economical proposition. Our low-pressure sys¬ tem is overloaded. A change to medium pressure will be necessary when all new buildings are coupled on. This change will enable us to discontinue use of boiler under kitchen and all water heaters while heating plant is in operation. Item Four. This is recommended for purpose of economy. The Infirmary is near end of heating system and at times requires heat when other parts of system do not. When this happens it necessitates running the entire plant for this one building. During the influenza and measles epidemic last winter, the extra expense of heating the Infirmary all night during the two months was $660.00. [ 6 ] Item Six. The paying off of this amount is necessary if the full capacity of the Institution is used. A comparison of our per capita support with that of other in¬ stitutions shows us among the lowest. What is provided the children is by no means as low as the money expended would indicate, and this is in no small measure due to the conscientious efforts of the workers and the hard work of the children themselves. The constant effort on the part of the management is not to skimp on necessities such as food, clothing, etc., but to eliminate waste in every way possible. The children have shown a readiness to co-operate in this that is commendable. Of the total amount, the children of the late Mr. George Howard of Tarboro, have signified their intention of paying for the work on Howard Cottage, estimated at $3,000.00. We recommend that we receive $100,000.00 to supplement the Budget. In this connection, we wish to protest against the crediting of the special collections and gifts as part of the percentage al¬ lowed us on the budget. As at present handled, in the great majority of cases, all the benefit w'e get fom these special gifts is when they overpay the apportionment of the church where it originates while the general impression among the contributors is that they are making us a direct gift in addition to the budget. IN CONCLUSION — In castiiia ud the results of the year’s work, we find that there has been satisfactory working out of some plans, in others only disappointment. But in the failures as well as the successes, we recognize God’s hand. As we realize more each day, the tremendous opportunity for good that the proper handling of this place affords, we are constrained to believe that the ear of Him who said, "Suffer the little children to come unto me,” is ever ready to hear all prayers in behalf of this wonderful place. May we appeal to you and through you, our entire Synod, for sympathy for our disappointments, patience and help in our mistakes; encouragement and support in our efforts to make this place mean to every child committed to us, what a Christian home means to the more fortunate; but, above all else, may we ask your continued daily supplications at the Throne of Grace, that our hands may be guided aright. Respectfully submitted, JOS. B. JOHNSTON, Gen. Mgr. & Treas. [ 7 ] BELOW IS STATEMENT OF PRODUCTS RAISED ON FARM: DAIRY PRODUCTS Re-Used 35,295 gallons of milk, @ 40c_$ 2,200 pounds of beef, @ 15c. _ Calves sold _ 600 tons of manure, @ $3.00_ 1,800.00 Products Available For Use or Sale $14,118.00 330.00 145.00 $1,800.00 $14,593.00 FARM 956 bushels wheat, @ $1.25_$ 2,000 bushels corn, @ $1.00_ 1,200.00 620 bushels oats, @ 75c. _ 465.00 56 bushels rye, @ $1.25__ 140 tons of hay, @ $25.00_ 3,500.00 80 tons of silage, @ $15.00_ 1,200.00 150 tons of stover, @ $15.00_ 2,250.00 840 bundles fodder and tops @ 2.00 per M_ 16.20 Straw - 800.00 9,600 pounds pork, @ 20c. _ 40 tons manure, @ $3.00- 120.00 Pigs sold - $ 1,195.00 800.00 70.00 1,920.00 429.00 $9,551.20 $ 4,414.00 TRUCK FARM 500 dozen onions, @ 15c._ $ 75.00 2,500 pounds cabbage, @ 4c.- 100.00 40 gallons English peas, @ 40c- 20.00 200 dozens beets, @ 20c. _ 40.00 250 bushels green beans, @ $1.50 - 365.00 50 bushels Lima beans, @ $1.00- 50.00 300 bushels Irish potatoes, @ $2.00 - 600.00 250 bushels tomatoes, @ $1.50 _ 340.00 650 dozens ears corn, @ 20c.- 130.00 800 bushels sweet potatoes, @ $1.50- 1,200.00 Miscellaneous - 100.00 450 pounds pecans, @ 50c. - 225.00 200 bushels apples, @ $1.50 - 300.00 $3,545.00 C f [ 8 ] INVENTORY Land, 425 Acres _ $ 21,250.00 Buildings, 16 Brick_ 380,000.00 Buildings, 7 Frame_ 24,000.00 Heating Plant - 25,000.00 Barn and other Buildings- 20,000.00 Building and Lot, Red Springs- 2,000.00 Ingram Land, Cabarrus County - 6,000.00 Wagons _ 300.00 Mules, 9 - 1,125.00 Tractors, 2 _ 1,000.00 Truck _ 500.00 Car _ 300.00 Miscellaneous Machinery _ 1,500.00 Herd—39 Cows, 14 Heifers, 1 Bull_ 2,700.00 Pigs, 70 @ $15.00 _ 1,050.00 $486,925.00 FINANCIAL STATEMENT From October 1, 1922, through September 30, 1923 SUPPORT BUILDING & EQUIPMENT FUND October, 1922 _$ 10j322.87 November, 1922 _ 6,162.55 December, 1922 _ 37,842.41 January, 1923 - 13,869.93 February, 1923 _ 6,824.88 March, 1923 _ 15,833.39 April, 1923 - 11,859.32 May, 1923 - 8,590.63 May, 1923, Money borrowed__ 6,000.00 June, 1923, - 13,620.95 July, 1923 - 14,993.66 August, 1923 - 19,355.61 September, 1923 _ 6,024.04 Total -$171,300.24 Balance in Bank Septebmer 30, 1922 _ 4,454.67 Total -,--,-$175,754.91 9 [ 9 j DISBURSEMENTS BY MONTHS October, 1922 _$ 12,142.75 November, 1922 - 12,261.79 December, 1922 -„- 20,293.46 January, 1923 _ 13,380.96 February, 1923 _'- 14,595.83 March, 1923 _ 19,980.40 April, 1923 _ 14,155.76 May, 1923 _ 14,427.21 June, 1923 _._ 13,640.58 July, 1923 _ 15,136.93 August, 1923 _ 14,454.77 September, 1923_ 12,194.24 Total _$176,664.68 Money in Bank Sept. 30, 1923 (Overdraft)_ 909.77 Total _i_$175,754.91 RECEIPTS Balance in hand of Treasurer, Oct. 1, 1922__$ 4,454.67 Albemarle Presbytery - 6,526.48 Concord Presbytery _ 11,783.83 Fayetteville Presbytery _ 11,767.83 King’s Mountain Presbytery - 5,340.74 Kings Mountain Presbytery, S. P. Stowe for Baby Cottage 20,000.00 Mecklenburg Presbytery _ 13,939.75 Mecklenburg Presbytery, C. W. Johnston, Boy’s Cottage First Church, Charlotte _ 10,000.00 Mecklenburg Presbytery, C. W. Johnston, balance on Laundry Building _ 4,150.53 Orange Presbytery _ 17,056.41 Orange Presbytery, James Sloan, for Print Shop- 3,000.00 Wilmington Presbytery _ 6,641.95 Wilmington Presbytery, P. Pearsall, for Boys’ Cottage_ 5,000.00 Jennie Gilmer Legacy, for Boys’ Cottage _ 6,500.00 Income from J. B. Watkins Legacy_ 467.00 Interest _ 6,333.07 Sale of Produce and Supplies_ 4,726.64 Land sold - 500.00 John L. Maxton Will _ 1,000.00 Mary J. Mally Will_ 75.00 S. B. Newline Will _ 500.00 S. Lizzie Kerr Wjill_ 200.00 N. B. Thompson Will, Thompson Room_ 100.00 r c [ 10 ] Mrs. N. B. Thompson, Thompson Boom_ 350.00 War Saving Stamps and Bonds- 3,110.75 Besponse to Special Appeal _ 3,551.03 Synodical for Lottie Walker Building_ 1.653.39 Building and Equipment, Miscellaneous _ 3,077.37 Sale of Durham P. S. Bonds to Endowment Fund_ 16,500.00 Miscellaneous Subscriptions - 1,448.47 Additional money borrowed - 6,000.00 Total Beceipts _$175,754.91 [HJ DISBURSEMENTS Food Supplies -$ 17,595.74 Clothing _ 6,215.51 Dairy _ 6,264.48 Farm _ 1,943.6£ Cottage Supplies - 5,390.31 Salaries _ 35,117.43 Traveling Expense - 636.24 Labor _ 2,272.18 Interest _ 1,297.43 Lights _ 2,701.29 Fuel ___ 4,330.92 Doctor, Dentist and Drugs_ 1,038.22 Printing _ 989.64 Insurance - 2,557.45 Fairview and N. C. Sanatorium, Tuburcular- 1,063.73 Financial Campaign Expense_ 1,927.46 Laundry _ 1,319.46 Freight and Express _ 1,708.24 Kitchen Equipment_ 694.44 General Expense _ 5,794.82 Repair _ 20,842.89 Jennie Gilmer Cottage _ 14,575.07 Baby Cottage _ 14,861.63 General Manager’s House _ 9,731.90 New Barn - 1,507.43 Rumple Hall _ 3,110.75 Heating Plant _ 7,740.52 Shoe Shop _ 620.00 Sewing Room Machines and Supplies_ 2,060.63 Print Shop _ 239.50 Multigraph _,_ 232.75 Typewriters for School _ 283.00 Total _$176,664.68 Cash in Bank, October 1, 1923 (Overdraft)_ 909.77 Total _$175,754.91 PERMANENT ENDOWMENT ACCOUNT Amount on hand October 1, 1922 -$93,142.96 R. L. McLeod, Gift_ 1,000.00 M. H. McBryde, Legacy_ 1,000.00 Total September 30, 1923 $95,142.96 ANNUAL i INANCIAL | REPORT ! [ | PRESBYTERIAN ORPHANS’ HOME j _ I ! i ! i Year Ending March 31, 1927 •J* i—-mi—uu< 'M M ■ M l—i l "■<[> Index Page 1—Receipts and Expenditures. Page 2—Analysis Operating Fund Receipts. Page 3—Analysis Operating Fund Expenditures. Page 4—Analysis Operating Fund Expenditures. Page 5—Analysis Special Receipts. Page 6—Analysis Special Expenditures. Page 7—Assets & Liabilities Operating Account. Page 8—Assets Capital Account. Page 9—Farm Production. PagelO—Population Statistics. Crfp 3 © ANNUAL FINANCIAL REPORT OPERATING ACCOUNT Total Receipts, $135,006.28 Total Expenditures $136,795.58 Deficit for year -----$ 1,789.30 SPECIAL ACCOUNTS Total Receipts $47,149.21 Total Expenditures $65,876.19 Deficit for year Total Deficit for year Less Inventory and Accruals Prepaid Interest and Insurance $18,149.21 $20,516.28 $10,810.59 Net Deficit for year, Deficit March 31, 1926 $ 9,705.69 $35,027.99 Total Deficit, $44,733.68 1 ANNUAL FINANCIAL REPORT ANALYSIS OF OPERATING ACCOUNT RECEIPTS CONTRIBUTIONS: Albemarle Presbytery $ 4,836.04 Concord Presbytery $15,988.61 Fayetteville Presbytery $12,695.72 Granville Presbytery $ 6,508.07 Kings Mountain Presbytery $ 5,634.54 Mecklenburg Presbytery $22,575.61 Orange Presbytery $14,474.27 Wilmington Presbytery $ 8,690.09 Winston-Salem Presbytery $ 7,109.83 TOTAL, $98,512.78 Clothing Money Per Capita Support (Relatives or Friends) Duke Endowment Miscellaneous Contributions (Outside of Church) Income from Trust Fund Income from Endowment Hutchinson Farm Income Sale of Farm Produce Sale of Power Sale of Supplies Sale of Junk $ 6,749.86 $ 3,618.51 $ 4,536.00 $ 7,338.27 $ 60.00 $ 6,492.43 $ 842.34 $ 1,968.85 $ 3,029.54 $ 1,657.70 $ 200.00 Total Grand Total 2 $36,493.50 135,006.28 PRESBYTERIAN ORPHANS’ HOME ANALYSIS OPERATING ACCOUNT EXPENDITURES Administration and Clerical Salaries $ 7,960.80 Telephone and Telegraph $ 314.19 Stationery, Supplies, Postage^ 553.55 Auditing Travelling Expense JBJ Insurance Interest Publicity Miscellaneous School Salaries Supplies Books Library Athletic Supplies Cottages Matrons Salaries Supplies Food and Service Laundry Salary Supplies Clothing Salaries Sewing Room Supplies Shoe Repair Health Doctors and Dentist Nurse Eye Glasses Supplies Printing Salaries Supplies & Postage $ 158.00 $ 414.62 $ 2,878.89 $ 3,264.34 $ 661.70 $ 53.05 $16,259.14 $17,387.41 $ 430.39 $ 1,535.99 $ 169.65 $ 172.03 $19,695.17 $ 9,813.30 $ 1,713.47 $18,525.40 $ 560.00 $ 25.73 $30,637.90 $ 1,271.78 $ 8,574.95 $ 1,465.79 $11,312.52 $ 726.15 $ 1,080.00 $ 483.50 $ 570.49 $ 2,860.11 $ 1,560.00 $ 1,333.60 $ 2,893.60 ANNUAL FINANCIAL REPORT Dairj' Salaries Supplies Farm At Barium Salary Supplies Truck Farm Salary Supplies Hutchinson Farm General Salaries Power & Fuel Labor Supplies Repairs Auto Expense Gas & Oil Freight & Express Childrens’ Tickets RR Barium Exchange Stewardship Committee Little Joe’s Church Case Worker Salary Travelling Expense Miscellaneous Mothers’ Aid Bronze Tablet Burial Expenses GRAND TOTAL, $ $ 1,180.00 $ 9,411.44 $10,591.44 $ 1,200.00 $ 5,788.74 $ 6,988.74 $ 1,150.00 $ 574.66 $ 1,724.66 72.66 $ 72.66 $ 4,686.53 $ 9,085.54 $ 2,929.96 $ 3,883.97 $ 5,156.71 $ 817.70 $ 1,705.08 $ 256.66 $ 33.00 $ 1,019.82 $ 933.01 $ 991.68 $31,569.66 $ 1,200.00 $ 694.65 $ 1,894.65 $ 140.00 $ 125.00 $ 100.00 $ 365.00 $136,795.58 4 Cp 3 b ^ PRESBYTERIAN ORPHANS’ HOME ANALYSIS SPECIAL ACCOUNTS RECEIPTS Legacies Mrs. Julia Morrison $ 8,309.21 Mrs. Matilda Ray $ 5,000.00 Mrs. Amelia Hughes $ 1,000.00 Mrs. Sue Willis (balance) $ 600.00 Mrs. Flora McD. Baxter $ 500.00 Mrs. J. C. Irwin (part) $ 250.00 Mrs. Laura A. Gilmer $ 100.00 $15,759.21 Special Gifts For New School Building $ 5,000.00 Mrs. Cameron Morrison $15,000.00 Mr. Jas. Sloan $ 5,000.00 $25,000.00 Sales of Capital Assets Morrison Land $ 1,000.00 Morrison Land $ 300.00 McDonald Timber $ 5,000.00 Mules $ 90.00 $ 6,390.00 GRAND TOTAL, - - $47,149.21 5 ANNUAL FINANCIAL REPORT ANALYSIS OF SPECIAL EXPENDITURES Barium Springs New School Building $25,545.99 New School Equipment $ 4,738.88 Hot Water System $ 8,431.39 Truck Farm Barn $ 115.28 Truck Farm Shop $ 118.02 Farm Barn $ 105.70 Garage $ 176.85 Walks, etc. $ 669.36 Office Equipment $ 279.93 Chevrolet Coupe $ 740.15 Ford Touring Car $ 367.53 Ford Truck $ 200.00 Tractor $ 1,150.00 Tractor Harrow $ 300.00 $42,939.08 Morrison Land, Anson County $ 6,255.00 $ 6,255.00 McDonald Farm, Robeson County Settlement of Estate $ 3,400.00 Surveying $ 45.00 Attorney’s Fees $ 1,500.00 New Building $ 2,725.87 Clearing Land $ 350.00 Repairs $ 30.27 Equipment and mules $ 2,681.53 $10,733.25 McDonald Farm Operations (This Years Crop) $ 5,948.86 $ 5,948.86 Grand Total - $65,876.19 6 Clp PRESBYTERIAN ORPHANS’ HOME OPERATING ACCOUNT Assets Cash in Bank $16,993.32 Inventories $ 4,956.00 Prepaid Interest on Bills Payable $ 519.88 Prepaid Insurance $ 3,619.71 Accrued Interest on Invest- ments $ 1,715.00 $28,803.91 Liabilities Accounts Payable $12,615.34 Notes Payable $60,922.25 $73,537.59 Deficit $44,733.68 Deficit March 31st 192b $35,027.99 Increase in Deficit for Year $ 9,705.69 7 ANNUAL FINANCIAL REPORT CAPITAL ACCOUNT Real Estate Barium Springs (Including all Buildings) Hutchinson Farm, Mecklenburg Ingram Land, Cabarrus Morrison Land, Anson Ayers House & Lot Iredell Red Springs Store, Robe¬ son County Montreat Lots, Buncombe McDonald Farm, Robeson Equipment McDonald Farm Barium Springs Furniture & Fixtures Live Stock Endowment Real Estate Loans Stocks and Bonds Total - Total Capital Assets March Gain for Year $528,803.85 $ 9,000.00 $ 3,000.00 $ 4,955.00 $ 1,400.00 $ 5,000.00 $ 500.00 $ 52,731.72 $605,390.57 $ 2,681.53 $ 73,724.07 $ 20,234.03 $ 7,622.50 $104,262.13 $ 95,892.96 $ 15,300.00 $111,192.96 31, 1926 $820,845.66 $714,082.00 $105,763.66 8 PRESBYTERIAN ORPHANS’ HOME PRODUCTION OF FARM AND DAIRY AT BARIUM SPRINGS Used for Food or Sold 1100 Bushels Wheat 550 Bushels Oats 42 Bushels Barley 40 Bushels Rye 7,800 lbs. Pork 4.100 lbs. Beef 44,654 Gals. Milk Calves Sold Pigs Sold Chickens & Eggs Vegetables Fruit Canned Fruit Nuts Expense Net Profit Production Used in 150 Tons Silage 80 Tons Hay 20 Tons Straw (Barley) 1.100 Bushels Corn 20 Tons Straw (Wheat) 5 Tons Straw (Oats) 1,200 Tons Manure $ 1,650.00 $ 330.00 $ 52.50 $ 50.00 $ 1,560.00 $ 410.00 $ 22,327.00 $ 218.28 $ 276.28 $ 204.00 .$ 2,026.00 $ 1,840.00 $ 1,500.00 ? 380.00 $ 32,824.06 $ 19,304.84 $ 13,519.22 Producing Other Products .$ 2,250.00 $ 1,600.00 $ 320.00 $ 825.00 $ 200.00 $ 100.00 $ 3,600.00 $ 8,895.00 9 ANNUAL FINANCIAL REPORT Population Statistics Number of children March 31, 1926, 361. ENTERING LEAVING April, 1926 ...... — _ 3 0 . 364 May, 1926 _ 0 1 363 June, 1926 _ _ 10 9 364 July, 1926 _ . _12 12 364 August, 1926 .... _17 17 364 September, 1926 -- _ 3 2 365 October, 1926 __ _ 0 0 365 November, 1926 _ 6 1 370 December, 1926 _ 2 5 367 January, 1927 .. _ 6 0 372 February, 1927 _ 4 1 376 March, 1927 _ 3 2 377 Total number received, 66; total Average daily population, 367 2-3 Average daily population previous leaving, 50. year, 359 1-6 10 urn iiiii “We Print O ur Own Stuff’ ANNUAL FINANCIAL REPORT PRESBYTERIAN ORPHANS’ HOME -[]- YEAR ENDING MARCH 31. 1928 •Jm—IHI—M il—1111—Mil—1111——llll—Mil—IIM——MH—1111—Mil—(III—Mil—Mil—Mil—Mil—M it* “We Print Our Own Stuff” i ii niiiii in 1111111111111 OME Illllllllllllk 1 III! IIIIII III OME INDEX Page 1—Receipts and Expenditures. Page 2—Analysis Operating Fund Receipts. Page 3 & 4—Analysis Operating Fund Expenditures. Page 5—Special Capital Accounts Receipts and Ex¬ penditures. Page 6—Endowment Fund Receipts. Page 6—Real Estate Purchases and Sales. Page 7—McDonald Farm Capital Account and Op¬ erating Account. Page 8 & 9—Consolidated Balance Sheet. Page 10—Home Farm Production. Page 11—Population Statistics. immimiii i an 1111111111 i OME COMMENT T HE status of the operating fund shows a net deficit of $27,997.89 a substantial reduct¬ ion for the year.j <)" The special capital account shows a deficit of $25,148.54. This wilh be retired by legacies now in process pf collection. ’ ; , , The Real Estate account shows a deficit of $20,710,00 the amount of land bought , during the year. :l , It is the policy of the Board to sell outlying real estate and reinvest the proceeds in land adjoining the Barium Springs property. Owing to the depressed condition of the Real Estate market, it has seemed advisable to make some purchases on the present low market, and replace the money so used by sales later on. The deficit of the Real Estate account will be retired by the sale of some of the Real Estate listed on page 8. ... The MacDonald Farm, operating account showed a profit of $3024.98, Dec. 31, 1927. The months of -Jan., Feb., March require so much work in the pre¬ paration of land for spring crops, and in other very necessary expenses that cannot well be shown as assets that this profit has suffered an apparent re¬ duction to $1815.17. For purposes of economy, the campus and farm groups have been combined, and the expenses of the up keep of lawns, wajks, and drives has been absorbed by the farm. Also a very large amount of work in preparing new land for cultivation, and other land for pastures has been done by the various farm and dairy groups and the expense added to operations. In spite of all this these three departments show a net profit of $7805.00 OPERATING ACCOUNT Receipts $149,942.55 Expenses 142,092.98 Gain for year, Inventory accruals $7,849.57 & prepaid items 3-31-27 10,810.59 Same 3-31-28 11,980.42 Gain for year 969.83 Total Gain $ 8,819.40 Deficit 3- 31-27 36,817.29 Deficit 3-31-28 $27,997.89 SPECIAL CAPITAL At C'Ol NT Receipts Expenditures $ 3,783.74 llllllllllllll llllllllllllll Barium Springs $5,011.79 McDonald Farm 5,771.28 $10,738.07 Deficit for year 6,999.33 Deficit 3-31-27 18,149.21 Deficit 2-31-28 REAL ESTATE Receipts from $25,148.54 Sales 0 Purchases $20,710.00 Deficit $20,710.00 MacDonald Farm Operating Account Sales $ 7,287.39 Expenses 11,255.22 OME Cash deficit 3,967.83 Inventory 3-31-27 2,439.00 Inventory 3-31-28 8,222.00 Gain in Inventory 5,783.00 Profit for year $1,815.17 ENDOWMENT Additions $ 5,000.00 Losses .00 Gain for year $5,000.00 1 ) ANALYSIS OF OPERATING ACCOUNT RECEIPTS CONTRIBUTIONS: Albermarle Presbytery Concord Presbytery Fayetteville Presbytery Granville Presbytery Kings Mountain Presbytery Mecklenbury Presbytery Orange Presbytery Wilmington Presbytery Winston-Salem Presbytery $ 4,954.05 17,789.44 12,600.42 7,817.09 8,789.72 26,658.89 13,048.08 8,232.84 9,481.50 $109,372.03 Clothing Money- _$6,932.21 Per Capita Support (Relatives) 6,295.46 Duke Endowment _ ...— 8,435.69 Contribution outside of Church 7,762.26 Income from Trust Funds ....... 60.00 Income from Endowment... 6,605.72 Income from McNair Bonds ,100.00 Remits _ 467.93 Sale of Power 1,628.99 Sale of Farm Products 973.90 Hutchinson Farm . _ 782.63 Miscellaneous Sales 525.75 40,570.54 Grand Total $149,942.55 2 (Zf 3fc 3.-^ OPERATING FUND EXPENSE Administration and Clerical Salaries Office Supplies Telephone and Telegraph Insurance Interest Association Dues _ Stewardship Committee Traveling Expense Court Fees Sundry Auditing School Salaries $18,880.55 Supplies (Books) 1,330.23 Medals 27.00 $20,237.78 Household Salaries Food Supplies Laundry Supplies _ Recreation Transportation (Children) Clothing _ Health Salaries and Feees $2,432.97 Supplies 393.18 Other Expense 437.20 Sanatorium Treatment 1,075.02 $4,338.37 Plant Operation and Maintenance Salaries and Wages $2,924.37 Fuel, Light, Power 7,932.90 Gasoline and Oil 1,725.26 Repairs and Replacements 10,788.68 $23,371.21 $10,534.74 16,552.16 4,115.73 896.75 . 265.76 117.45 8,590.06 $41,072.65 $ 8,617.10 850.70 299.42 1,031.03 3,419.91 99.00 876.37 329.34 23.20 203.10 280.00 $16,029.17 3 (! in ii mm in lllllllllllll OME ) Extra Institutional Service Salaries and Fees Traveling Expenses Mothers’ Aid _ _ $1,800.00 733.98 . 120.00 $2,653.98 Productive Enterprise Dairy Salaries _ Supplies _ Repairs $1,281.00 7,529.06 194.22 $9,004.28 Home Farm Salaries and Wages _ Supplies ___ Repairs Replacement Livestock $5,472.04 7,911.22 247.47 495.50 $14,126.23 Truck Farm Salaries and Wages _ Supplies Repairs _ $1,660.50 1,059.26 38.40 $2,758.16 Hutchinson Farm Wages Supplies ___ . $ 27.50 54.10 $81.60 Printing Department Salaries Supplies _____ Repairs __ $1,590.00 1,508.62. 26.39 $3,125.01 Shoe Shop Salaries _ _ Supplies _ _ $ 894.00 954.21 $1839.21 Little Joe’s Church _ 400.00 Barium Exchange (Childrens’ Pay) 3,055.33 $3,455.33 Grand Total ' $142,092.98 ANALYSIS SPECIAL ACCUNTS RECEIPTS (Other Than Endowment) Legacies W. K. Eskridge _ $ 283.74 C. A. Kent 2,500.00 R. M. Freeland 1,000.00 $3,783.74 ANALYSIS SPECIAL ACCOUNT EXPENDITURES Improvement to Land Home Farm $499.36 Truck Farm 118.83 Dairy 438.01 Paving Tax, Red Springs 82.34 $1,138.54 New Equipment Cottages _ 707.25 Office 497.62 Heating System 796.47 Kitchen 190.00 Home Farm 340.05 School 219.00 Infirmary . _ „ _ 429.00 Plant 453.86 $3,693.25 Livestock Home Farm 180.00 Total $5,011.79 5 iiiimimm lllllll II Mil 0ME endowment RECEIPTS John F. McNair Fund Mrs. Thos. P. Johnston $4,000.00 1,000.00 $.1,000.00 Endowment Account March 31st., 1027 Total. March 31st, 1928 111.192.96 110.192.96 Land Purchases Troutman 144 Acres Howard 110 Acres Mills 4.2 Acres Lippard 60 Acres Total $12,500.00 5,000.00 210.00 3,000.00 $20,710.00 <^p | MACDONALD F ARM i • • Capital Account Value of Real Estate 3-31-27 $52,731.72 Improvements during year Clearing, ditching. Present Value stumping $3,602.03 $56,333.75 Equipment 3-31-27 Added during year $2,181.53 629.32 Value Live Stock 3-31-27 500.00 $2,810.85 Added during year Present Value 1,539.93 $2,039.93 iiiimiiiim imiimiiiii Total Investments for year 5,771.28 Total Capital Assets $61,184.53 MacDonald Farm Operating Account Receipts SalesFarm Products $6,958.54 Sales Fertilizer Total 328.85 $7,287.39 1 Expenses Salaries, Wages $4,832.26 Supplies 4,514.76 Freight 275.92 Ginning Cotton 146.66 Telephone Insurance 10.30 33.45 0ME Repair & Replacements 681.66 Miscellaneous Expenses 400.21 Interest on borrowed Money 360.00 Total Expense $11,255.22 Less Gain in Inventory 5,783.00 Net Expense for Year $5,472.22 Profit for Year $1,815.17 7 ) l! _ — CONSOLIDATED BALANCE SHEET Assets—Operating Account Cash in Bank „ $11,003.54 119.22 $11,122.76 Barium Springs: Inventory $4,776.48 Prepaid Interest - 425.98 Prepaid Insurance 3,334.05 Accrued Interest 1,791.65 Cost of Unharvested Crop 2,768.00 $13,772.07 MacDonald Farm: Cash in Bank $ 500.00 Accounts receivable 547.80 Inventory __ . . - 5,454.00 Cost of Unharvested Crop . 2,768.00 $ 9,269.80 Total Operating Assets $34,164.63 CAPITAL ASSETS Barium Springs Real Estate $550,570.05 (Including all Buildings) Hutchinson Farm 9,000.00 Ingram Land _ 3,000.00 Morrison Land 4,955.00 Ayers House and Lot „ 1,400.00 Red Springs Store . 5,082.34 Montreat Lots . 500.00 MacDonald Farm 56,333.75 $630,841.14 8 C^D 3 to CAPITAL ASSETS Barium Springs: Furniture and Equipment Livestock Fixtures $20,767.25 76,884.10 7,802.50 $105,453.85 MacDonald Farm: Equipment Livestock 2,810.85 2,039.93 $ 4,850.78 ENDOWMENT Real Estate Loans Stocks and Bonds Due from Operating Fund Grand Total Assets Total Liabilities Net Worth March 31 Net Worth March 31 Gain for Year ( \ \ ■ iiiiiiiimm immimm 1928 1927 $100,892.96 13,600.00 1,700.00 $116,192.96 $891,503.36 92,091.03 $799,412.33 776,111.98 $ 23,300.35 LIABILITIES Accounts Payable $13,256.36 Notes Payable 74,949.06 Pearl Taylor Fund 1,786.40 Due Endowment Fund 1,700.00 Accured Expense MacDonald Farm 400.21 0ME $92,091.03 FARM PRODUCTION SOLD OR USED IN SUPPORT 328 bushels Wheat_$ 524.80 13,887 lbs. Pork ___ _____ 2,777.40 Mutton - _________ 30.00 Wool _ 22.50 2,100 lbs. Beef ___ _ 294.00 43,252 Gallons Milk _____ 21,626.00 Calves Sold _ 300.94 Pigs Sold - 81.00 Eggs and Chickens _ 139.09 Vegetables _ _____ 3,952.00 Watermellons & Cantaloupes 400.00 Increase Sheep Herd ___ 100.00 Sale of Miscel. Produce 182.00 Expenses _ _ $25,888.67 Decrease in Inventory __ 179.52 $26,068.19 Less Unhar¬ vested Crops 3,443.91 3,443.91 Net Expenses Net Profit for Year Hutchinson Farm Income $728.63 Expenses 81.60 Profit $30,429.73 $22,624.28 $ 7,805.45 $ 701.03 10 POPULATION STATISTICS NUMBER OF CHILDREN ON ROLL MARCH 31, 1927; 377 Entering Leaving Total April 1927 2 1 378 May 1927 4 2 380 June 1927 4 22 362 July 1927 10 7 365 Aug. 1927 1 8 . 358 Sept. 1927 1 3 356 Oct. 1927 0 1 355 Nov. 1927 4 1 358 Dec. 1927 3 3 358 Jan. 1928 rr i 8 357 Feb. 1928 3 0 360 Mar. 1928 2 0 362 Total Received—41 9 Total Leaving—56; Rated Capacity—360. Average Daily Population—362 Vi 11 iiiiimmm 1 Ml 1111111111 OME ) YUAK JUmJIMi MAKCJH 31, bi¬ annual FINANCIAL REPORT iiiiiiiiiiiiiiiiiiitiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiimmimi HIM I INI I lllllIIIIIIMMIll.III 111 I! II1111II INI IIIIIIIIIIIIIIIII lllilllllllllli PRESBYTERIAN ORPHANS’ HOME YEAR ENDING MARCH 31,1929 Annual Financial Report > INDEX Receipts and Expenditures - - Page 4 Analysis of Operating Account - - - Page 5 Analysis Operating Fund Expenditures Pag<^ 6 &7 Special Capital Accounts - Page 8 Endowment Receipts - - - Page 9 Real Estate Purchases and Sales - Page 9 Consolidated Balance Sheet - - Page 10 & 11 McDonald Farm Capital Account and Operating Account - - Page 12 Home Farm Production - - Page 13 Population Statistics - - Page 14 Annual Financial Report Comment A comparison of the Financial Report for the year ending March 31st, 1929, with that of a year before, shows a decrease in receipts of $17,653.14. An increase in expenses for the year of $10,657.86. The year’s op¬ erations showing a deficit of $17,799.24. The reduction is $14,998.70 less revenue from the churches. $3,236.16 less from relatives. $1,628.99 less from the sale of power and an increase of $1,591.78 from the sale of farm products from the Barium Farm. The expenditures for the year show a very material increase in the administrative items. The principal items of this increase being additional insurance paid during the year of $3,904.41 and additional intesest of $628.73. The expense of the school shows a slight increase, owing to Library expense, mainly, with a salary increase for one additional teacher. * Our Report is $5,000.00 worse than it should be, mainly on account of the poor showing of the McDonald Farm. It was necessary to change Managers on this farm during the year, with quite a loss attendant to change of tenants and loss of store accounts. Part of the McDonald Farm showing was due to bad management, part due to most unfavorable crop conditions. The greater part of the loss, however, being attributed to poor managment We have fair prospects of retiring the entire capital account deficit and a plan for materially reducing the real estate cash deficit. Annual Financial Report Operating account Receipts _—-$132,289.41 Expenses _$152,750.84 Cash Deficit Inventory accruals & Prepaid Items (March 31, 1928)_$11,980.42 Inventory accruals & Prepaid Items March 31, 1929)_ 14,642.61 Gain in this Item Net Deficit for Year Deficit March 31, 1928_$27,997.89 Total Deficit SPECIAL CAPITAL ACCOUNTS Receipts _ $ 23,045.23 Disbursements _$ 12^377.63 Gain for Year _$10,667.60 Deficit Brought Forward_$25,148.54 Net Deficit March 31st 1929 REAL ESTATE Receipts from Sales __$ 562.50 Purchases _$ 9,809.42 Deficit for Year _$ 9,246.92 Deficit Brought Foward _$20,710.00 Total Deficit March 31, 1929 ENDOWMENT RECEIPTS—Additions _$ 11,208.89 Losses _:_0. Gain for Year $20,461.43 $ 2,662.19 $17,799.24 $45,797.13 $14,480. 94 $29,956.92 $11,208.89 Annual Financial Report Analysis Of Operating Account receipts Albemarle Presbytery . _..$ 4,206.90 Concord Presbytery __—--$15,450.79 Fayetteville Presbytery _$11,030.30 Granville Presbytery _ $ 6,756.96 Kings Mountain Presbytery _ ... $ 6,403.65 Mecklenburg Presbytery _ $22,603.15 Orange Presbytery _$11,828.42 Wilmington Presbytery __ $ 7,484.29 Winston-Salem Presbytery -$8,618.87 Clothing Money _$ 7,776.86 Per Capita Support _$ 2,959.30 (Relatives) Duke Endowment _$ 8,217.98 Contributions Outside of Church _$ 6,149.19 Income from Investments _$ 6,785.44 Rents _$ 1,845.02 Miscellaneous ___L. $ 884.26 SALE OF PRODUCTS Dairy and Farm ____$ 2,465.68 Print Shop _____$ 57.00 Shoe Shop _$ 161.50 Hutchinson Farm __._$ 603.85 $ 94,383.33 $ 34,618.05 $ 3,288.03 Grand Total $132,289.41 Annual Financial Report Analysis Special Capital Account RECEIPTS—Legacies M. D. Scott Estate_$ 25.89 Mrs. J. C. Erwin Estate_$ 750.00 H. M. Farnsworth Estate _$15,537.59 H. M. Farnsworth Estate _$ 1,457.50 H. M. Farnsworth Estate _$ 463.13 Logan Estate „_:__._ $ 4,311.12 J. L. Clodfelter Estate _ $ 500.00 $23,045.23 DISBURSEMENTS Montreat Taxes _ New Equipment, Furniture and Fixtures ____ Auto Equipment (New and Trade ins ____ Farm and Dairy Equipment _ Stationary Michinery _ - $ 15.00 -...$ 1,584.76 . $ 3,982.26 ..... $ 2,848.12 -.$ 643.75 $ 9,073.89 BUILDINGS Garage _____ Milk House _ _ .... Farm Shop .. ..... $ 240.25 .... $ 254.54 ... $ 460.17 $ 954.96 McDonald Farm Improvements $ 2,348.78 Total Capital Expenditures --$12,377.63 Annual Financial Report ENDOWMENT RECEIPTS Mrs. John Sprunt Hill Bonds _$10,000.00 R. G. Vaughn Insurance (Cash Surrender) _$ 1,008.89 Rev. W. C. Brown (Endowment for Medal) _$ 200.00 Gain for Year REAL ESTATE ACCOUNT SALES Suther _$ 270.00 Collins _$ 292.50 PURCHASES Brookshire ... Bristol _ Bradshaw __ Pope _ Improvements $ 810.00 $ 3,500.00 $ 4,100.00 $ 1,272.00 $ 127.42 - $11,208.89 $ 562.50 $ 9,809.42 Annual Financial Report Consolidated balance Sheet Cash _ Notes Receivable _ Inventories _ Prepaid Interest _ Prepaid Insurance _ Accrued Interest _ Cost of Unharvested Crops Deposits in Closed Banks ... $ 8,913.81 $ 150.00 $ 3,464.00 $ 698.25 $ 6,098.85 $ 1,523.51 $ 2,858.00 $ 43.56 $ 23,749.98 MCDONALD FARM OPERATIONS Cash _$ 200.00 Accounts Receivable _$ .16 Inventories _($1,389.05) ($1,267.50) $ 2,656.55 Unharvested Crops _$ 1,794.05 $ 4,650.76 CAPITAL ASSETS Buildings _$219,589.45 Cottages ---$190,000,00 Residences _$ 59,500.00 Real Estate ___$ 89,956.92 $559,046.37 Hutchinson Farm _$ 9,000.00 Ingram Farm _$ 3,000.00 Montreat Lots _$ 515.00 Ayers House _$ 1,400.00 Red Springs Store __ $ 5,082.34 Morrison Land _$ 4,955.00 McDonald Farm _$ 57,539.23 Improvements -- $ 1,725.56 $ 83,217.13 Annual Financial Report Furniture and Fixtures ___$ 22,352.10 Equipment _$ 82,423.40 Livestock _$ 11,980.00 MCDONALD FARM Equipment _..__$ 3,954.15 Livestock _._._..._$ 2,039.93 ENDOWMENT Cash on Hand _......_$ 750.00 Mortgage Loans ___....._$100,342.96 Bonds ___$ 23,600.00 Loaned to Other Accounts _$ 2,708.89 Total Assets LIABILITIES Accounts Payable ___$ 19,878.97 Notes Payable ___$ 89.582.70 Due Endowment Fund _............_$ 2,708.89 Total Liabilities -—-- Net Worth (3-31-’29) Net Worth (3-31-’28) Net Gain for Year $116,755.50 $ 5,994.08 $127,401.85 $920,815.67 $112,170.56 $808,645.11 $799,412.33 $ 9,232.78 Annual Financial Report McDonald farm capital account Value of Real Estate (3-31-’28) _$ 56,333.75 Improvements During the Year _$ 719.36 Additions to Buildings _$ 486.12 Value of Real Estate (3-31-’29) _$ 57,539.23 Livestock _ _$ 2,039.93 Machinery (3-31-’28) $2,810.85 Additions During Yr. $1,143.30 $ 3,954.15 Total Capital Assets $ 63 533.31 McDonald Farm Operating Account Sales of Products _ $ 8,856.14 Products Used _$ 1,560.00 $ 10,416.14 Expenses Salaries _$ 5,991.85 Supplies, etc. _$ 10,757.08 Repairs, etc. _$ 1,611.97 Freight _ $ 13.04 Telephone _$ 21.85 Insurance _$ 54.53 Miscellaneous _$ 48.00 $ 18,498.32 ) Inventory _$2,656.55 LESS ( ) Unharvested Crop, $1,794.05 $ 4,450.60 $ 14,047.72 Net Loss For Year $ 3,631.58 Annual Financial Report FARM PRODUCTION SOLD OR USED IN SUPPORT Items Sold for Cash-- $ (Wheat $1,353.00; Wood $414.00; etc.) Vegetables Eaten _$ Pork (18,350 lbs. at .20) _$ Beef (2,800 lbs. at .14) _$ Mutton _ $ Milk (46,724 gals, at .50) _$ Poultry Products _$ Increase—Cows _$ Increase—Pigs _$ Increase—Bees _$ Increase—Sheep Herd _$ Expenses 2,313.82 4,919.65 3,670.00 392.00 60.00 23,362.00 169.36 1,540.00 420.00 70.00 260.00 37,176.49 31,780.40 Net Profit HUTCHINSON FARM _$ 603.85 _$ 414.86 $ 5,396.09 Revenue Expense Net Profit $ 188.99 Annual Financial Report Population Statistics Month Entered Left Total April 3 0 362 May 0 0 362 June 7 9 360 July 4 9 355 August 5 12 348 September 1 3 346 October 2 0 348 November 8 0 356 December 0 2 354 January 2 2 354 February 1 5 350 March 5 1 354 TOTAL, Average Daily 38 Population,_ 43 ......35 k 1-12 ANNUAL FINANCIAL REPORT | iiiiiiiiiiiiimiiiiiiiiiMiii iiiiiiiiiiiiiiiiiiiiiiiiiiiii! ii iiiMiiiiMiiimiiii i IMIIIIIIIIIIIIIIIIIIIIIIIIIIIIMIIIIIIIIIII lllllllllllllllllllllllllllllllllllllll I PRESBYTERIAN ORPHANS’ HOME YEAR ENDING MARCH 31, 1930 Annual Financial Report Index Annual Report - Receipts and Expenditures - -< Analysis of Operating Fund Receipts Analysis of Operating Fund Expenditures - Analysis of Special Capital Accounts Consolidated Balance Sheet Home Farm Production and Hutchinson Farm Account - McDonald Farm Account - Population Statistics - School Report - Page 1-4 Page 5 Page 6 Page 7-8 Page 9 Page 10 Page ll Page 12 Page 13 Page 14 1 Annual Financial Report REPORT OF THE MANAGEMENT OF THE i PRESBYTERIAN ORPHANS’ HOME t TO THE BOARD OF REGENTS In making out this, our annual report to the Regents we will endeavor to touch briefly on every department and to cover the most important items in each. We cannot, in this general report, go very much into finer details without making our report entirely too long. We will first discuss the intake. We have handled during the year, 109 applications for admission, involving 306 chil¬ dren. This does not include inquiries involving 300 other children that were disposed of by correspondence or by brief preliminary investigation. In our investigations of these applications 1110 individuals were interviewed at least once, and as a result fifty-five chil¬ dren were accepted, and of these forty-four have already en¬ tered the Institution. Of those rejected, a large number were taken care of by plans within the family, a smaller number by other agencies, such as State Mothers’ Aid and others, by institutions more suited to the needs of the case. Our regular case worker, Miss Steele, is just finishing a course in the New York School of Social Work. In her absence her work has been most ably handled by Miss Portia Mengert of Toledo. We are more and more impressed with the value of case work, not only in the selection of children to enter the Institu¬ tion, but also in enlarging the usefulness of the Institution without a corresponding increase of expense. In spite of the fact that calls on us have nearly doubled during the business depression that seems to prevail, we have been able to give some assistance to every call made upon us; and at present our waiting list of accepted applications can be taken care of before disaster overtakes the applic&nt. ' Also, we are enabled to place back in the homes a larger number than we could without this careful investigation, which operates the same as if we had a larger capacity. HEALTH On entering the institution, first consideration is given the health needs of the newcomers. In addition to our periodic health examinations, a study is made of the individual needs of each child. We have kept up our annual tubercular clinic and are grati¬ fied to note a steadily decreasing numbed in need of special care. Annual Financial Report 2 We have increased the dental work and hope soon to have our standards in this up to par. We have had no serious illness nor accidents during the year. However there has been five major operations, 59 minoi\ SCHOOL Our school is one of the few departments that have shown an increased expense. The reason for this is having a full time turtor for children needing help in their studies, a plan discussed in our meeting a year ago. The other-expense is full time director of physical education instead of part time. This extra expense must show up as an im¬ provement in the school work to justify itself. We are appending the number of children in each grade, with the promotions in each. A comparison with the figures furnished by the Duke En¬ dowment Report as to the percentage in public school and the average for the Orphanage school should be instructive. We find the following averages: Percentage of Promotions State Schools Institution Barium Spgs. Average Average Average High Schools _73.1 87.7 99 Grammar Grades 68.8 80.9 83.4 TOTAL, _69.8 81.9 87.4 We attribute the splendid average to both additions to our school expense. The tutor is a tremendous help to primary and grammar grade children. Our more comprehensive athletic and recreational program seems to prevent stagnation. The desire to compete and enjoy is so great that very few will risk dis¬ qualification from failure in studies. ATHLETICS There is no item in our financial report charged against athletics other than the salary of the director. All other ex¬ penses, such as uniforms, shoes, equipment, etc., is paid from the gate receipts. We have the most comprehensive and satis¬ factory program of any school, either public or private, that we know of, and it is all made possible by the gate receipts from our ever increasing band of friends. We have been very much handicapped in the past in staging pay games in football. We have w'anted a field badly. Largely through the efforts of our own squad of boys, that field is shaping up. There has been contributed toward this field $5,300 and two good friends have said that they wall provide money for the fence. This money is not being taken from any other fund, and we believe will be the most productive of good will and good publicity. 3 Annual Financial Report OTHER DEPARTMENTS All our many productive and operating departments are so closely tied up with finances that we will discuss them in con¬ nection with it. ADMINISTRATION This includes salaries, insurance, interest, publicity, audi¬ ting, etc. This shows an increase in expense of $1,285.21 which is more than accounted for by increased interest payments of $1,752.16. Other items of expense have been reduced. FOOD There has been a reduction from $18,000.00 to $16,000.00 in food purchased, but this does not mean less used. An ever increasing proportion of this is furnished by our productive departments, a complete detailed statement of each is appended. CLOTHING A reduction of $2,823.96 in clothing expense is noted; the result largely of making over old clothes for part of our needs. PLANT OPERATION This shows a net reduction of $3,837.82 over last year. Al¬ though part of this is not a real saving, it represents wages paid boys for overtime work which this year is included in school expense. This department has been run most economically and the savings affected have not been at the expense of the equip¬ ment and buildings. The Farm, Dairy and Gardens show a marked decrease in many items of expense, a total reduction of $8,768.56 being noted. A complete itemized statement covering each of these three departments is attached. We consider this a most remarkable accomplishment es¬ pecially when the work done on our new Athletic Field, clearing new ground, and building fish pond are taken into consideration. These various jobs would have cost at least $8,000.00 if let on contract. A slight increase is noted in the supplies for Print Shop, which means that this department has turned out more work. The shop has turned out a great deal more work due to changes made in our filing system and in publicity. The Shoe Shop shows additional expense, because for the present, the care of the poultry department is taken care of by the Shoe Shop group. THE MCDONALD FARM shows a profit for the year of $1,059.99, the Hutchinson Farm $205.47. These are very mdest figures and are no doubt a small return for the efforts expended in looking after them, but they are at least paying their way until such time as they may be sold. Annual Financial Report 4 THE ENDOWMENT FUND has been increased by a $10,000.00 gift from Mrs. John Sprunt Hill, and now totals $137,402.86. This yielded a revenue of $7,308. 16 CAPITAL ACCOUNT There has been collected from legacies $51,126.56 and there has been spent for permanent improvements $14,610.92. There now remains, as a credit balance to the fund, $22,034.84, after retiring the deficit of $14,480.94 still standing on last year’s report. REAL ESTATE The value of our real estate holdings have increased by $21,917.66, with no change in standing on our books. There still remains a deficit of $29,956.92 to be retired by the sale of prop¬ erty when such sales are advisable. This statement does not take into our account our equinty in the Farnsworth Estate in Raleigh which amounts to about $15,000.00. RECEIPTS The contributions from Albemarle, Concord, Granville and Winston-Salem showed gains. From Fayetteville, Kings Moun¬ tain, Mecklenburg, Orange and Wilmington, a falling behind; from the entire Synod a total of $95,096.24, a gain of $712.91 over the previous year, but nearly $12,000.00 short of the $107,- 000.00 expected. Other income. 1 runs about the same, the total reaching $134,- 963.82. Our total operating expense was $143,455.96, showing an increase of our operating deficit of $8,492.14. This added to the deficit of a year ago, makes a total deficit of Operating Ac¬ count $54,289.27. Suming up our financial situation, every fund, except the operating, shows a substantial gain. The liabilities have been reduced from a total of $112,170.56 to $83,778.59, and the net worth of the Institution and all its holdings have increased from $808,645.11 to $881,779.33. All in all, there is room for encouragement, while our sup¬ port deficit increased, our expenses stayed under the Budget $3,411.62 and $9,294.88 under the expense of the year preceding. This condition has been made possible through the thorough intelligent cooperation of each member of the staff and stu¬ dents and the increasing interest and help of the governing board. Respectfully submitted, JOS. B. JOHNSTON, General Manager and Treasurer 5 Annual Financial Report OPERATING ACCOUNT Receipts _$134,963.82 Expenses ......$141,322.96 Cash Deficit _;_____$ 6,359.14 Decrease in Inventory __$ 2,133.00 Total Deficit for Year ___$ 8,492.14 Deficit March 31st, 1929_.,___$ 45,797.13 Total Operating Deficit _$ 54,289.27 SPECIAL CAPITAL ACCOUNTS Receipts—Legacies _$ 51,126.56 Disbursements _$ 14,610.78 Gain for Year _$ 36,515.78 Less Deficit March 31st, 1929 _$ 14,480.94 Net Balance March 31st, 1930 _$ 22,034.84 REAL ESTATE ACCOUNT No Sales— No Purchases— Deficit of March 31st, 1929 Brought Forward_$ 29,956.92 ENDOWMENT Receipts—Additions—Mrs. Jno. Sprunt Hill, -:._'...__$ 10,000.00 Accruals _ - - _____$ l.oi Gain for Year _.....___..__....$ 10,001.01 Amount Brought Forward March 31st, 1929 _.__.$127,401.85 Total Endowment ____$137,402.86 Annual Financial Report 6 ANALYSIS OF OPERATING ACCOUNT Receipts Albemarle Presbytery ___$ 5,050.56 Concord Presbytery _$15,703.26 Fayetteville Presbytery _$10,376.25 Granville Presbytery _$ 7,405.83 King's Mtn. Presbytery _$ 6,549.00 Mecklenburg Presbytery _$20,938.65 Orange Presbytery _$11,434.18 Wilmington Presbytery _._$ 7,447.94 Winston-Salem Presbytery _$10,190.57 Clothing Money __ Relatives _-_ Duke Endowment ___ Contributions outside Church Income from Investments Rents ___-_ Miscellaneous __ Sale of Products Farm, Dairy and Garden _$3,108.29 Print Shop _,_$ 59.65 Shoe Shop __i_$ 111.00 Total _$ 8,702.39 _$ 2,091.58 _$ 7,641.22 _$10,071.54 _$ 7,308.16 _$ 472.22 _$ 301.53 RECEIPTS $95,096.24 $134,963.82 7 Annual Financial Report OPERATING FUND EXPENSES t i* : Aministration and Clerical Salaries _$9,255.94 Office Supplies _$ 734.89 Telephone and Telegraph _$ 391.38 Insurance _$4,017.70 Interest _—. $5,790.80 Conference Expenses and Dues ... $ 222.63 Publicity _$ 641.44 Audit _$ 525.00 Stewardship ___... $1,000.00 Attorney _$ 100.00 Postage _-___$ 428.73 School Salaries Supplies Library .. $20,769.73 1,860.14 _$ 300.00 Household \ Salaries _$11,612.98 Food _$16,083.45 Clothing _ r _$ 7,465.19 '* Supplies ___:$ 2,394.92 Laundry Supplies _$ 402.91 Recreation _$ 336.71 Travel relating to care of children _$ 2,931.63 Health Salaries -$ 1,873.50 Supplies -J..$ 1,175.24 Sanatorium Treatment _$ 109.90 1 I $23,108.51 $22,929.87 $41,227.79 $ 3,158.64 Annual Financial Report 8 PLANT OPERATION Salaries and wages _$ 2,280.00 Fuel, Light and Power_$ 5,783.33 Replacements and Repairs..$ 5,489.59 Campus Expense (absorbed in Farm Expense) _$ 0.00 General Expense (Gas and Oil formerly charged to this account now distributed to other accounts) _ $ 217.00 EXTRA INSTITUTIONAL SERVICE Salaries—Case Worker _$ 2,025.00 Travel Expense _ _$ 664.03 Maintenance of Children in Private Homes _ $ 372.50 Pastor’s Salary _$ 250.00 Student Pay ___5,496.79 PRODUCTIVE EXPENSE (Farm, Dairy, Truck Farm, Orchards) Salaries—Wages __$ 8,431.95 Supplies (Fertilizer, etc.) _$ 13,702.36 Replacement and Repair _$ 681.18 Replacement Livestock _$ 196.35 Printing Department • r r Salaries ___$ 1,560.00 Supplies ___$ 1,059.26 Shoe Shop Salaries _...-$ 1,560.00 Supplies 1_ j— -$ 1,064.85 Replacement and Repairs_$ 63.96 Grand Total ___ $13,769.92 $ 3,061.53 $ 5,746.79 $23,011.84 $ 2,619.26 $ 2,688.81 .$141,322.96 Annual Financial Report 9 ANALYSIS SPECIAL CAPITAL ACCOUNT Legacies—Unrestricted Mrs. Mattie B. James _._$49,795.33 H. S. Farnsworth __$ 834.34 J. N. Lee ...._._$ 386.00 < , Womble Trust Fund _$ 60.00 M. D. Scott _$ 25.89 R. L. Bailey _._..$ 25.00 Disbursements Montreat Taxes _$ 15.00 Improvement Tax Red Springs Lot _ .I _$ 33.36 Farm Equipment _$ 117.65 Dairy Equipment _ $ 612.78 New Boiler, Stack and Improvements in Heating System - $7,202.06 Laundry Machinery_____$ 13.00 General Equipment _$1,929.40 Office Equipment __$ 449.03 Cold Storage _,___$ 910.39 Autos and Trucks „____.$ 454.08 New Buildings Garage -..._$ 70.46 Dairy Barn _$2,518.35 Poultry House ..._...____$ 285.22 $ 51,126.56 $ 11,736.75 Total $ 2,874.03 $14,610.78 Annual Financial Report 10 CONSOLIDATED BALANCE SHEET Cash _$ 10,100.27 Notes Receivable _i_$ 185.00 Accounts Receivable .._.$ 475.00 Prepaid Interest and Insurance $ 6,693.69 Deposits in Closed Banks _$ 30.49 Inventories and Unharvested crops ___$ 10,449.08 Real Estate _$187,217.81 Live Stock _$ 12,880.00 Total Endowment Investments $133,642.96 Buildings _$479,929.19 Equipment _$101,622.42 Funiture and Fixtures _ 22,352.01 Liabilites Notes Payable _$ 67,764.15 Accounts Payable _...._._$ 15,734.41 Miscellaneous accrual _$ 280.03 Net Worth _ _ _ Net Worth (3-31-29) Net Gain for Year $965,577.92 $ 83,778.59 $881,799.33 $808,645.11 $ 73,154.22 11 Annual Financial Report HOME FARM PRODUCTION Products sold _$ 3,108.29 Products used in Institution Fruits and Vegetables -$ Pork _1_$ Beef _$ Milk _$ Corn Meal _$ Poultry Produce _$ 4,367.02 1,773.76 918.56 21,455.50 104.00 605.42 Expenses 32,332.55 23,011.84 Net Profit _$ 9,321.71 HUTCHINSON FARM Income— Rent __._$ 232.99 Sale of Produce ___$ 230.57 - $ 463.56 Expenses— Hay and Feed _$ 31.28 Cotton Seed _$ 58.20 Grain -$ 31.90 Fertilizer _$ 79.25 Freight -$ 12.40 Miscellaneous _$ 45.06 $ 258.09 . $ Net Profit 205.47 Annual Financial Report 12 McDonald farm operating account Income Cotton _$ 5,856.95 Cotton Seed _ $ 492.80 Cows _$ 1,261.79 Corn _$ 1,553.10 Interest Refund_.!____$ 10.96 Gas Tax Refund ..1_39.70 Prizes _$ 2.00 - $ Expenses Salaries and wages _$ 5,225.99 Fertilizer ___$ 2,220.02 Cotton Seed _ $ 335.26 Repairs _...__$ 752.48 Lumber _ $ 81.88 Gas and oil _$ 385.16 Freight _ _$ 251.05 Insurance _$ 87.98 Interest _$ 90.48 Telephone _ „$ 8.95 Miscellaneous _,_$ 152.24 $ 9,591.49 Gain in Inventory _____$ 1,431.18 March 31st-30 _$ 4,614.28 March 31st-29 _$ 3,183.10 - $ Net Profit _$ 9,217.30 8,160.31 1,056.90 13 Annual Financial Report POPULATION STATISTICS Month Entered Left Total April 8 0 357 May 0 1 356 June 4 13 347 July 7 10 344 August 5 6 343 September 11 3 351 October 1 0 352 November 1 5 348 December 12 1 359 January 2 1 360 February 0 0 360 March 1 3 358 TOTALS 47 43 353 Average Daily Population _ _353 Annual Financial Report 14 SPECIAL SCHOOL REPORT TO SUPERINTENDENT GRADE Present Number to Number Failing Enrollment be Promoted Promotion First ____ 40 25 15 Second _26 24 2 Third _26 24 2 Fourth ..—.35 34 1 Special 4th _16 15 1 Fifth-A _26 17 9 Fifth-B _21 16 5 Sixth ___30 25 5 Special 6th _ 6 5 1 Seventh _30 28 2 Special 7th .. 9 8 1 Total Grammar S. 265 221 44 Eighth.. .......25 24 1 t Ninth ___24 24 0 Tenth _23 23 0 Eleventh ___21 21 0 Total High School 93 92 1 Total School _358 313 45 Workers Children 16 15 1 Orphanage School 342 298 44 Kindergarten _20 10 * 10 f Babies ____ 2 Non-resident _ 2 Orphanage Pop. ... 366 NOTE 1—The above is an estimate made by the teacher of each grade, and is subject to slight variation each way. However, children whose promotion was only slightly doubtful were included in the number promoted. $—In the High School a child is promoted unless he fails in two subjects. The number of subject failures in the High School will be about fifteen out of a total number of about five hundred subjects. *—Go to First Grade. f—Not old enough for First Grade. Respectfully submitted, T. L. O’KELLEY School Principal. May 8th, 1930. Annual Fenancial Report . . A ' .>• . • r V , • • • . .. . . ■ - - 1 . ■ ■