TREASURER'S REPORT. 



Expense Income Loss Gain 



Excess of expenses $13,154.60 $13,154.60 



Reserve for depreciation 7,270.69 



Bad accounts written off 245.36 



$20,670.65 

 Donations: 



Friendship Fund $20,000.00 



Other . 60.00 20,060.00 



Balance to balancing account. . . . $610.65 



MARINE BIOLOGICAL LABORATORY, SUMMARY OF INVENTORY OF 

 LAND, BUILDINGS, AND EQUIPMENT, DECEMBER 31, 1920. 



A. Land, January i, 1920 $ 95,856.14 



B. Buildings, January i, 1920 $174,713.44 



Permanent improvements during year: 



New mess hall 14,400.46 



Supply department laboratory 9,205.08 



New laboratory (chemical room extra) 670.94 



Janitor's house 628.41 



New laboratory (third floor improvements) . . 203.14 



Supply department improvements 14.10 



Mess improvements 27.92 



$199,863.49 

 New refrigerator built in 1919 1,321.57 



$201,185.06 

 Deduct cost of mess hall destroyed by fire March 



17, 1920 9,883.97 191,301.09 



C. Equipment, January i, 1920 $ 78,179-37 



Expenditures for new equipment during year: 



Mess hall 6,414.44 



Books and periodicals for library 2,686.16 



New truck 728.14 



Chemical department 267.30 



Carpenter shop 113-87 



Gas machine 108.80 



Supply department 103.50 



New laboratory 57-49 



Main building 11.08 



Dormitories 10.00 



Miscellaneous 56.14 



$88,736.29 



