page 108

Recapitulated.

Grand Lodges	$22,203 22
Grand Encampments	5,918 70
Subordinate Lodges and Individuals	2,003 59
Subordinate Encampments	339 04
Ordinary Revenue	$ 30,464 55
United States Bonds sold	$7,500 00
Interest and Premium	888 34
I. A. Sheppard, G. Rep., one day's Per Diem returned	6 00
Fire-proof Safe sold	300 00
Interest to credit of Wildey Monument Fund	121 65 8,815 99
Total paid to Grand Treasurer	$39,280 54
Ordinary Revenue	$30,464 55
Balances due	2,058 92
Total	$32,523 47
Amount August 31, 1877, per Journal, page 7273	37,999 16
Less for year ending August 31, 1878	$5,475 69

The revenue (adding amount due) is $5,475.69 less than for the year ending August 31, 1877. This is accounted for by the fact that the balance due Sept. 1, 1876, was $7,795.10 (Journal, page 6814), and the balance Sept. 1, 1877, was $2,602.54, a difference of $5,192.56, to which the canceled indebtedness of the Grand Lodge and Grand Encampment of South Carolina, $413.00, being added, the amount is $5,605.67, so that there is little difference between the amount of actual revenue for the two years. The number of orders for supplies, received and executed, is 533 (many of them for single books or diplomas), exceeding by 195 the orders for the preceding year.

In addition to the foregoing statement of receipts, tables showing the details of receipt and disbursement of supplies, the balances appearing on the Ledger after the close of the books, and a balance-sheet, exhibiting the entire transactions for the year, are presented. The last column of the latter shows the actual condition of the Grand Lodge, and it will be seen that the assets have decreased from $70,661.88 in 1874 to $48,300.12 in 1878. As a matter of comparison, the following table, exhibiting the assets in 1874, 1877, and 1878, as printed on pages 6087, 7285, and in the present report, with the increase and decrease sustained by the operations of last year, is presented:

page 109

United States Bonds appear in the balance-sheet of 1874 as $26,000, and in 1877 as $17,500, the Bonds belonging to the Wildey Monument Fund, $2,000, being included in those years.

The "History of the Order" account, heretofore included in the assets of the Grand Lodge, has been closed by Profit and Loss, which makes the apparent deficit of the last year $1,504.50 more than the actual loss.