Statement from the treasurer - American Chemical Society

Parry Chosen Chairman -. Elect for 1971. Professor Robert. Parry of the University of Utah has been elected to the position of chair- .... Treasury bi...
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4 CHEMICAL EDUCATION R-&iddSw

Parry Chosen Chairman -Elect for 1971 Professor Robert Parry of the University of Utah has been elected to the position of chairman-elect of the Division of Chemical Education for 1971. Other division officers continuing for 1971 are: Chairman, Anna Harrison; Secretsrx, J. A. Young; Treasurer, J. D. Danfarth; Member-st-large, R. L. Livingston; Past Chairman, L. E. Strong; Councillor, B. R. Willeford; Alternate CounciUors, Curt A. Dhonau and Pabert C. Plumb.

Statement from the Treasurer DIVISION ACCOUNT Bsllence January 1, 1969. Reoenue: Chem. Ed. Pub. Co.. . . . . . . . . . . . Dues . . . . . . . . . . . . . . . . . . . . . . . . . . 1969 share of A.C.S. oesh & investment pool.. . . . . . . . . . . . . . N.S.F. Consultant Service-Grant Peace Corps refund.. . . . . . . . . . . . . Division dinner ticket sales. . . . . . . Interest income Transfer from Journal account . Cash . . . . . . . . . . . . . . . . . 510,700.00 Savings account. . . . . . . . 8,506.10 19,206.10 Grinnell State Barlk-Certificate of Deoosii-cashed.. . . . . . . . . . . . . . . . 6.500.00 duPont 'Grant for Indexing 2,000.00 Experiment duPont account-interest . . . . . . . . . . . . . 208.26 Total to Account for Disbursements: Transfer to Journal account-Chem. Ed. Pub. Co.. . . . . . . . . . . . . . . .20,000.00 Grinnell State Bank-Certificate of Deposit-purchased. . . . . . . . . . . . . 6,500.00 Poweshiek County Nat'l BankU. S. Treasury note and hills.. . . . . . 19,171.28 Office of Chsirman. . . . . . . . . . . . . . . . . . . 555.43 Office of Secretary 736.18 Stenographio. . . . . . . . . . . Other.. . . . . . . . . . . . . . . . . 12.28 748.46 Office of Treasurer Postaee and Sundies. . . . 1.644.30 Stenographic. . . . . . . . . . . 929.93 Printing. . . . . . . . . . . . . . . 1,169.51 3.743.74 50th Anniversary. . . . . . . . . . . . . . . . . . . . 2,000.00 Under-Grad. Interfall.. . . . . . . . . . . . . . . . 310.15 J. Chem. Ed. Subscription.. . . . . . . . . . . 135.00 Twa-year college program. . . . . . . . . . . . . 2,500.00 Index Experiments. . . . . . . . . . . . . . . . . . . 4,000.00 Small grents progam. . . . . . . . . . . . . . . . . 5,445.00 Consultant service. . . . . . . . . . . . . . . . . . . 3,394.17 Membershin Drive. . . . . . . . . . . . . . . . . . . 954.17 Directory. . . . . . . . . . . . . . . . . . . . . . . . . . . 23.18 Division Subsidies 491.00 Student aftiliates.. . . . Israel . . . . . . . . . . . . . . . . . . 375.00 UNESCO. . . . . . . . . . . . . . 600.00 Ghanit . . . . . . . . . . . . . . . . . 12.5.00 Peace Corps.. . . . . . . . . . . 75.00 1,666.00

..

660 / Journol o f Chemicol Education

Committees Executive. . . . . . . . . . . . . . 2,673.68 Program . . . . . . . . . . . . . . . 402.13 Curriahm... . . . . . . . . . . 294.09 A.A.A.S.. . . . . . . . . . . . . . . . 254.21

3,624.11 -

74,770.69 Balance December 31, 1969. . . . . . . . . . . . . . . . . . . . . $ 7,327.97

Account Balances: duPont Savings Account.. . . . . . . . . . . . . . . . . . . . . . . . 4,326.78 Division Checking Account.. . . . . . . . . . . . . . . . . . . . . .-3 $ 7,327.97

JOURNAL ACCOUNT

. Balance January 1, 1969-Banks.. . . . . . . . . . . . . . . .$13,659.98 Revenue: Transfer from Division Account-Chem. Ed. Pub.Co . . . . . . . . . . . . . . . . . . . . . . . . . .%20,00OOO0 Treasury hill matured. . . . . . . . . . . . . . . . 10,000.00 Interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . 87.11 30,087.11 Total to Account for. . . . . . . . . . . . . . . . . . . ..43,747.09 Disbursements: Tressurv hills ~ r a n s f e rto Division Account Cash. . . . . . . . . . . . . . . . . . 10.700.00

Journal Assets: Cash in Savings Accounts Poweshiek County National Bank.. . . . . . . . . . . . . R , 105.93 Treasurv hills and notes. . . . . . . . . . . . . . . . . . . . . . . . 30,000.00 A.C.S. cash and investment . oool (including . 74 shares at cash value). . . . . . . . . . . . . . . . . . . . . . . 120,099.64 $155,205.57

J. D. Danforlh

TREASURER Statement of Auditor In my opinion, the above journal asset,s of the Division of Chemical Education of the American Chemical Society present fairly the assets at December 31, 1969, and the nccompanyi~lg result8 of the operations of t,he Division and journal acoounts for the year then ended in conformity with generally accepted accounting principles applied on a cash basis.

ROGER D. ROLAND