The Southwestern Historical Quarterly, Volume 62, July 1958 - April, 1959 Page: 93
617 p. : ill., maps, ports. ; 23 cm.View a full description of this periodical.
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Affairs of the Association
We were informed by the officers of the Association that these amounts
are collectible. A breakdown by source is reported in Exhibit X.
Investments
The securities reported in the statement of financial position as at
February 28, 1958 are in a safety deposit box at the Austin National
Bank. Direct examination of these securities was made by me at the
bank in the company of the officers of the Association. During the
year, $ 1,ooo of matured bonds of the Special Fund were redeemed.
Of this amount, $7,000 was converted to Series K bonds and $4,000
was converted to cash. Complete details of the issues and redemption
values of U. S. Government bonds held at February 28, 1958 are
shown in Exhibit IX. Redemption values of U. S. Government bonds
were $3,207 less than at the first of the year. This decrease is accounted
for as follows:
Conversion of matured bonds to cash......... $ 4,000
Less-Net increase in redemption value of
bonds as they approach maturity........... 793
$ 3,207
The General Foods no-par common stock is reported at cost, but
the market value on March 1, 1958 was approximately $7,400.
Inventory
When the cash basis of recording revenue and expense is followed,
outlays for publishing are deducted in the year of payment, and the
revenue from sale is taken up when cash is received. The inventory
of books on hand does not appear on the statement of financial
position. The inventory count furnished by the officers of the Asso-
ciation is as follows:
Inventory, January 28, 1958
Texas' Three-legged Willie (including 2 defective) . 255
Checklist of Texas Imprints (including 2 defective) .. 690
Life of Stephen F. Austin (including 1 defective) .... 1,500
Cumulative Index-bound ................ 36
unbound ...... ........627 663
History of Western Falls County .................... 599
Migration into East Texas-cloth ......... 255
paper .......... 431 686
Post City . ..................................... 454
The Handbook of Texas (including 13 damaged) .....2,821
Theses on Texas History ................... ... 210
Texas History Theses .............................. 239
History of Young County ......................... 292
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 62, July 1958 - April, 1959, periodical, 1959; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth101173/m1/115/: accessed May 4, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Texas State Historical Association.