TREASURER S REPORT. 5 



IV. TREASURER'S REPORT. 1 



Harvey S. Chase & Company, 

 Certified Public Accountants, 84 State Street, Boston. 



January 22, 1923. 

 MR. D. BLAKELY HOAR, 



161 Devonshire Street, 

 Boston. 



Dear Sir: We have completed our audit of the accounts of the 

 Marine Biological Laboratory for the year ended December 

 31, 1922, as kept both at your office in Boston and at Woods 

 Hole, and report thereon in the accompanying exhibits and 

 schedules: 



Exhibit A Balance-Sheet as of December 31, 1922. 



Exhibit B Income-and-Expense for the Year ended Decem- 

 ber 31, 1922. 



Schedule I Investments (Book Values). 



Schedule II Cash Receipts and Disbursements on Ac- 

 count of Funds. 



Schedule III Land, Buildings, and Equipment. 



Schedule IV Supply Department Income-and-Expense Ac- 

 count for the Year ended December 31, 

 1922. 



We certify that, subject to the comments herewith, the bal- 

 ance-sheet and income-and-expense statement shown in Exhibits 

 A and B are in accordance with the books and correct, to the 

 best of our knowledge and belief. 



Very respectfully, 



HARVEY S. CHASE & COMPANY, 



Certified Public Accountants. 



1 Only a part of the audit is included in the Treasurer's Report. The complete 

 audit is on file at the Laboratory and may be examined by any member. 



