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November 09, 1935 - Image 6

Resource type:
Text
Publication:
The Michigan Daily, 1935-11-09

Disclaimer: Computer generated plain text may have errors. Read more about this.

A HE CMICHIGAN DAILY SATUR

DAY, NOVEMBERt 9, 1935

Widow Of Evangelist

Vandenberg To 1it
Give Talk Here Nvs

Next Thursday
Will Address 13th Meeting
Of University Press Club;
J. B. Wood ToSpeak Also

Sxenses

classes of investments making up the
total trust funds are as follows:
bonds. 59.99, contracts, .63, mort-
gages, 22.11, notes .21, real estate,
13.55, stocks 3.46, trust certificates,
.05.
Over a period of years the Uni-
versity has accumulated a reserve
amounting on June 30, 1935, to $139,-
679.42, subject to charges for any

Robbins'
Rise Of

feport Shows
;80,534 In

Uniiversity A set

final losses from consolidated
ments when duly authorized
Board. Additional reserves

invest-
by the
will be

all the work of repairs and upkeep of
the buildings.-
Approximately $133,152.00 wasI
loaned to students by the University
during the year of 1934-1935. The
payments on these loans amounted
to $96,984.81, and the amount avail-
able for loans on June 30, 1935 was
$338,765.20, compared to $302,598.01
which was on hand for loans June
30, 1934.i
In the 30-year period the University
has loaned students a total of more
than $1,000,000 the records of the
Cashier's Office show. During this
entire period it has been found nec-
essary to charge off only 87 individual
loans, for a total sum of $8,363.90,
which is about eight tenths of one
per cent of the total amount loaned.
The financial report was audited
by Peat, Marwick, Mitchell, and Co.,

Certified Public Accountants. They
stated that "the several financial
statements annexed in the report
have been compared by us with books
of account and found to be in ac-
cordance therewith.""

THE
AN N

ARBOR

(Continued from Page 1) (Continued from Page 1)
will be opened with a talk by Andrew The General Library reported that
A. Bishop of the State Welfare De- more than $2,000 in fines were im-
partment, who will discuss "The Pro- posed and this income was given to
bation Problem in Michigan." he University.
Prof. Wesley H. Maurer of the jour- In the report many expendituresI
nalism department will follow Mr. were "classifled by object.' The more
Bishop with a speech on "The Spec- important divisions of this classifica-
trum of Thought." :-.n showed that $5,553,622.92 was

,
r!

set up each year in accordance with
fixed policy approved by the Regents.
The business departments of the
University had total disbursements
for the year 1935 to the extent of
$305,463.69. For economy the Uni-
versity maintains these three prin-
cipal storehouses - the general store,
hospital store, and chemistry store -
and encourages the transfer of equip-
ment and materials between these
departments of business, as they are
termed.
The University also maintains a
laundry and a printing shop and a
force of mechanics who do practically

PRESS...
Printers of student
publications, Uni-
versity bulletins and
fine books, catalogs
for manufacturers
and advertising lit-
erature.
e-4 growing Institution

-Associated Press Photo.
Mrs. Helen "Ma" Sunday (above),
widow of William A. "Billy" Sun-
day, famed evangelist who had
devoted 39 years of his life to bat-
tling "rum and the devil," was with
him when he died unexpectedly in
Chicago.
Lecture Series
Features Talk
By-Prof. Gunn
Dr. James A. Gunn, professor of
pharmacology and director of the
Nuffield Institute of Medical Research
at Oxford University, will speak at 4
p.m. Tuesday in the Natural Science
Auditorium in the fourth of the Uni-
versity Lecture Series.
Dr. Gunn has been in this country
for the purpose of lecturing at the
Johns Hopkins University Medical
School in Baltimore, and is engaging
in a short eastern tour before re-
turning to England. His talk Tues-
day will be on the subject of "Medical
Education and Practice."

Friday noon the Associated Press
and the Michigan Press Association
will hold separate luncheons, and atI
the general session at 2:30 p.m. Mr.
Wood will speak on a subject as yet}
unannounced.
A second banquet will be held at'
6:30 p.m. Friday, with an address by
Prof. Howard Mumford Jones of the
English department. Professor Jones
will be followed by Kenneth J. Mc-
Carren of the Detroit Bureau of Gov-
ernment, whose lecture on "Govern-
ment and the Citizen" will be illus-
trated by motion pictures.
Francis S. Onderdonk will conclude1
the Friday night session with motion
pictures and lantern slides of "War."
The final general session will be
held Saturday morning, with an ad-
dress by Prof. Lowell J. Carr of the
sociology department on "The News-{
paper's Function in Prevention of
Juvenile Delinquency."

expended for salaries and wages. ForI
material, supplies, and services other
than personal, $2,200,476.53 was
spent.
The trust funds, including deposits
ifunds belonging to the Alumni As-
sociation, Michigan Union, Michigan
Lcague, Student Publications, Hos-
pital Equipment Reserve, and several
dormitories), Expendable Items and
Student Loan Funds, show an in-
Sc ease of $448,96 .65 due largely to
Ihe transfer of funds from the Uni-
versity Hospital and dormitories
vwhich have been set aside for equip-
ment replacement.
The percentages of the several
f / law: "A'
DAILY CLASSIFIEDS
Bring Results
CNall 2-1_214

BUY YOUR FRUITS,
GROCERIES & VEGETABLES
at the
FARM MARKET
Open Evenings and Sundays
320 East Liberty Phone 9778

It

.9

Religious Activites

M ILLER
Drug Store
727 North University
Phone 9797
Features Today
25c GLAZO
18c

- ..

FIRST PRESBYTERIAN
CHURCH
at the MASONIC TEMPLE
327 South Fourth
Ministers:
William P. Lemon
and Noi-man W. Kunkel
9:45- Prof. Howard McClusky:-
"Getting Personal Help From Re-
ligion"
10:45- Dr. Lemon:
"WE KNOW THE
UNKNOWN SOLDIER"
5:30 --Fellowship hour with cost
supper.
6:30-Prof. Preston Slosson: "The
Meaning of Armistice."

FIRST BAPTIST CHURCH
Roger Williams Guild
R. EDWARD SAYLES and
HOWARD R. CHAPMAN, Ministers
SUNDAY
10:45 A.M. - Dr. Frank W. Padelford,
Sec. of the Baptist Bd. of Ed. will
speak.
12:00 M.-Student study group meets
at Guild House. "Religious Aspir-
ations" will be presented by Mr.
Chapman. Criticism and discus-
sion will follow. Closing at 12:40.
6:00 P.M. - At the student meet-
ing Bill Umbach will lead in a
concluding consideration of "War
and Peace."
7:00 P.M. - Youth of High School
age in church parlors. Dr. Padel-
ford will lead in a conference on
higher education.

FIRST METHODIST
EPISCOPAL CHURCH
State and Washington Streets
MINISTERS:
CHARLES W. BRASHARES
and L. LaVERNE FINCH
Music: Achilles Taliaferro
tO:45 - Morning Worship Service.
"FIGHTERS"
Dr. C. W. Brashares
12:10-Class at Stalker Hall on "The
Social Responsibility of a Chris-
tian."
6:00 - Wesleyan Guild Devotional
Hour at Stalker Hall. There will
be a program of vocal and instru-
mental music. Miss Louise Cotter
of the School of Music will speak
on "The Place of Music in the
College Student's Life."

7:00 -Fellowship Hour;

and supper.

'4

iF

ym4tm

1

W.ell, to start with, we take tobacco
from our own Southland - mild ripe

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