News

The Path to Public Service at SEAS

News

Should Supreme Court Justices Have Term Limits? That ‘Would Be Fine,’ Breyer Says at Harvard IOP Forum

News

Harvard Right to Life Hosts Anti-Abortion Event With Students For Life President

News

Harvard Researchers Debunk Popular Sleep Myths in New Study

News

Journalists Discuss Trump’s Effect on the GOP at Harvard IOP Forum

TREASURER'S REPORT.

NO WRITER ATTRIBUTED

Henry Grafton Chapman, Jr., in account with the Harvard Co-operative Society:

DR.To cash received from A. A. Waterman, Superintendent $10,138,58

CR.

By checks issued $9,509.26

"balance 629.32

-------------

$10,138.58

SUPERINTENDENT'S TOTAL CASH REPORT, FEB. 16, 1883.A. A. Waterman in account with Harvard Co-operative Society:

DR.To cash

Received as dues $1,163.00

Received for coal 4,141,91

Received for wood 208.95

Received for second-hand books 520.18

Received for second-hand furniture 997.30

Received as sales 3,218.04

Received on orders 4,476.02

Received as overs 33.97

Received on account 4.50

------------

$14,763.87

CR.By cash

Paid on account $1,155.61

Paid on treasurer 10,138.58

Paid on for mdse 1,440.15

Proceeds on second-hand goods 1,058.30

Expense 821.85

Shorts 27.64

Balance on hand 121.74

------------

$14,763.87

FINANCIAL STATEMENT OF SUPERINTENDENT (AUDITED AND APPROVED) FEB. 16, 1883.ASSETS.

Balance in Charles-river Bank $629.32

Cash in hands of Superintendent 121.74

Stock on hand 114.91

Ordered goods 84.47

Fixtures 112.45

------------

$1,062.89

DEBTS.

Balance due dealers, etc $479.03

Net capital 583.86

------------

$1,062.89

The net capital after paying superintendent's salary (due on the 22d inst.) will be $363.86, which represents the true capital of the society.

The increase in the business of the society may be seen in the following table of totals for the periods into which the business of the first year most naturally fell:

TOTAL CASH RECEIVED.

March 18 to May 30 $1,537.09

June 1 to July 1 378.30

July 2 to Sept. 22 33.24

Sept. 23 to Sept. 30 2,099.48

Oct. 1 to Oct. 31 4,827.92

Nov. 1 to Nov. 30 1,124.05

Dec. 1 to Dec. 31 1,466.78

Jan. 1 to Jan. 31 2,471.98

Feb. 1 to Feb. 15 825.03

------------

Total $14,763.87

The greatest receipts were at the beginning of the academic year; a second rise occurs in January, owing to the large sales of stationery and the change in the books, etc., the membership then being at its maximum.

I submit these facts to show that the falling off in the sales in the first half of February is owing, not to any real decline of the business of the society, but to the fact that the goods in which the society deals, particularly the books, are naturally bought only at certain times and cause great fluctuations in the amounts of the monthly sales.

TABLE OF INCREASE OF MEMBERSHIP.The first names were registered on the 20th of March, 1882.

March 20, 1882, to May 1, 1882 277

May 1, 1882, to June 1, 1882 313

June 1, 1882, to July 1, (end year) 341

Sept. 22, (open'g) Oct. 1, (end year) 499

Oct. 1, (open'g) Nov. 1, (end year) 692

Nov. 1, (open'g) Feb. 19, 1883 713

Want to keep up with breaking news? Subscribe to our email newsletter.

Tags