aiccidiaac a& CHEMICAL EDUCATION
R
-
~
S
~
TREASURER
L l
WILLIAM G. KESSEL
Supporting the vigorous program of the Division of Chemical Education is a. sound financial structure. Member responsibility to this structure stmts with faithful payment of annual dues of $1.50 or for associate membership, $2.00, payable to the Treasurer, January 1 of each year. It goes beyond this to include an approving knowledge of the fiscal policy of the Division. This Treasurer's Report provides each member an opportunity to review this policy and, when confronted with a question, an occasion to write the Treasurer for clarification.
JOURNAL ACCOUNT Reeeipls:
Balance, September 1, 1960.. . . . . Interest on U. S. bonds. . . . . . . . . . . . Bank dividend and interest.. . . . . . . . Chemical Education Puhlishing Co.. .
$
9,960.81 510.80 231.92 11,157.35
Total receipts
Ezpenditures: Purchase five shares ACS Cash and Investment Pool. . . . . . . . . . . . . . . . $ 5,000 0 0 Chemical Education Publishing Co. 531.53 Journal extra pages 1959.. . . . . . . . Journal extra pages 1960.. . . . . . . . 1,389 9 6
DIVISION ACCOUNT
Total expenditures. . . . . . . . . . . . . . . . . . . . . .
Reca'pls:
Balance September 1, 1961
Balance, September 1, 1960. . . . . . . . $ 1 , i 9 4 . 0 3 Dues . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,100.25 Total receints.. . . . . . . . . . . . . . . . . . . . . . . . . . $ 4,894.28
Printing.. . . . . . . . . . . . . . . . . . . . . . . . . Postzge . . . . . . . . . . . . . . . . . . . . . . . . . . Office Supplies.. . . . . . . . . . . . . . . . . Office Services. . . . . . . . . . . . . . . . . . . Commit,teo operations. . . . . . . . . . . . ...... Journal subserintion (foreign). . Bankcharges . . . . . . . . . . . . . . . . . . . . ~~
878.24 714.84 190.48 311.00 391 9 8 15.00 6.40 -
Totnlexpenses . . . . . . . . . . . . . . . . . . . . . . . . . .
2,507.94 -
Bnlnnce September 1, 1961.. . . . . . . . . . . . . .
$
Assets: Balance, according to checkbook, S e p tember 1, 1961, First National Bank, Terre Haute, Indiana. . . . . . . . . . . . . . . . Four U. S. Savings Bonds, Series J , Nos. ClG0832, 3, -4, -5 (maturity value %I00 each, May 1, I ). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
2,386.34
-
2,386.34
400.00 2,786.34 -
Assets: Account No. 32506 Fort Harrison Savings Association, Terre Haute,Indiana . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventory of securities on deposit with R. V. Mellefont, Treasurer of the ACS: Four U. S. Savings Bonds Series G, 81000 each, Nos. M7279936G, M'i280064G, M7280066G, and Mi280067G, maturing 12-1-61. . . . . . . . . . . . . . Three U. S. Savings Bonds, Series G, $1000 each, Nos. M7437661G, M7438009G, and M7438010G, maturing4-1-62 . . . . . . . . . . . . . . . . . . . . . . . . . . . Eieht U. S. Savines Bonds. Series k, $1000 each, kos. ~ 3 9 9 0 7 2 ~ to M399079K, maturing 7-1-67.. . Four U. S. Treasury Notes, $1000 each. Nos. 45020 t o 45923. Maturing 5-15-64. . . . . . . . . . . . . . . . . . Five shares, ACS Cash and Investment Pool, purchased 1-2-59.. . . . . Seven shares. ACS Cash and Investment Pool, purchased 1-2-60. . . . . . . . . . . . Cash credit in ACS Cash and Inrnent Pool as of 7-31-60. . . . . . . . . . . . . . . . . . . . Five shares, ACS Cash and Invest. ment Pool, purchased 1-1-61.. . . . . . . . . . . . . . . Total assets.. . . . . . . . . . . . . . . . . . . . . . . . . . . . This does not include credit on shares for 1961. Volume 38, Number 12, December 196 7
/
635
