The Southwestern Historical Quarterly, Volume 60, July 1956 - April, 1957 Page: 140
616 p. : ill. (some col.), maps, ports. ; 23 cm.View a full description of this periodical.
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Southwestern Historical Quarterly
Investments
No purchases or redemptions of bonds or securities took place dur-
ing the year under audit. Direct examination of the securities was
made at the Austin National Bank. Complete details of the holdings
may be found in Exhibit 9. The current redemption value of the
bonds is $6,498.50 in excess of purchase price. This figure represents
the appreciation of the Series F bonds net of the discount on Series G
and K bonds. Bonds with face value of $7,ooo will mature during the
year 1956-1957. Sixty-seven shares of General Foods nonpar common
stock, heretofore carried as an asset of the Post City Fund, are now
included at cost as a part of the Publication Fund. The current mar-
ket value of this stock exceeds $6.ooo.
Inventory
As in prior years, the inventory of books does not affect the stated
position of the Association since expenses of publication are charged
off in the year of expenditure and sales revenue is taken up upon
collection. This is a common practice with nonprofit organizations.
Following is a count of books in inventory furnished by officers of the
Association and test checked by me:
Texas' Three-legged Willie ...................... 274
Checklist of Texas Imprints. .................. ...... 697
Life of Stephen F. Austin .......... ...... 1,568
Cumulative Index: Bound ....... ............ 44
Unbound ......... ........... 744 788
Migration into East Texas:
Clothbound .......... ...... 264
Paper ..... ... ........... 436 700
History of Western Falls County ............... 599
Post City .. .... ............................. 566
The Handbook of Texas (excluding 13 damaged sets) .. 3,252
Theses on Texas History.. ........ .............. 167
Texas History Theses......... ........... ............ 271
Liabilities
No liabilities other than the salary for February were known to
exist at February 29, 1956; this item was paid in March.
Net Assets
As shown by the statement of position (Exhibit 1 and 3) and the
reconcilation of beginning and ending balances (Exh. 2), the net
assets or equity of the Association increased $12,594.93 during the
year, compared to an increase of $7,054.59 in the preceding year.
COMMENTS ON OPERATIONS
Quarters for the Association's offices and storage, and office staff
personnel as well, are furnished by The University of Texas. Reports140
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 60, July 1956 - April, 1957, periodical, 1957; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth101163/m1/155/: accessed April 27, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Texas State Historical Association.