Page:1883 Annual Report of the German Society of the City of New York.djvu/54

Rh particularly the Superintendent, Mr. H. J. Jackson, and the Assistant Superintendent, Mr. Otto Heinzmann, for all the attentions shown and services rendered us.

TREASURER'S REPORT.

In the appendix is presented the Treasurers Report, which gives full information on the financial condition of the Society.

To avoid former inconveniences, the books according to a resolution passed by the Board, will in future, beginning with this report, be closed on January 1st, and the members' dues paid after December 31st of each year will be entered in the year following.

From the Board of Apportionment of the City we received, in April, from the Excise Fund, the sum of $2380, for the relief of destitute German families, and this amount was placed at the disposal of the Charity Committee.

During the past year, again, we received from high reigning Powers and Governments in Germany valuable contributions, for which we present our thanks to the noble donors.

We received from


 * His Majesty the Emperor of Germany and King of Prussia: annual contribution$250 00
 * His Majesty the King of Bavaria200 00
 * The Government of the Grand Duchy of Baden, 300 marks71 15
 * The Senate of the free Hanseatic city of Hamburg, 450 marks105 75
 * The Senate of the free Hanseatic city of Bremen100 00

The "Schwensen Fund," intrusted to the German Society for administration by Captain H. F. Schwensen, for the benefit of two orphan children saved from the wreck of the steamship Pommerania, amounts at present, after deducting the aid given for the education of the children, to $2286.27, and is invested in the German Savings Bank.

THE BANKING DEPARTMENT.

The serious stagnation in business during the past year, and its discouraging effect on laboring classes, among whom we number the majority of our customers, as also the manifold complaints of low wages or entire want of employment caused