THE REPORT OF THE DIRECTOR. 2J 



Additional Amounts Needed. 



a. Apparatus and Chemicals $ 5,000.00 



b. To complete Machine Shop 600.00 



c. Additional items for completion of service 



and equipment 5,000.00 10,600.00 



553,445-09 

 July I, Cash in Building Fund 30,094.48 



$23,350.61 

 Anticipated savings on contracts: 



Cleghorn Company $817.00 



Cronin Company 925.00 1,742.00 



August 3, Amount required from Friendship Fund $21,608.61 



In this accounting a fund of $10,600.00 was provided for 

 minor items of completion. With this understanding the Com- 

 mittee proposed that their accounts be closed after the payment 

 of the outstanding items noted above and that the Committee be 

 discharged as soon as this is accomplished. The report was 

 accepted by the Board of Trustees, and the Secretary was 

 instructed to notify the Friendship Fund that the Marine 

 Biological Laboratory would consider their pledge fulfilled by a 

 total payment of $221,608.61 instead of $248,886.71 as originally 

 estimated. 



The subjoined analysis of the Building Fund Account was 

 submitted by the Business Manager, Dec. 15, 1925. 



ANALYSIS, 



MARINE BIOLOGICAL LABORATORY, 

 BUILDING FUND ACCOUNT, 



DECEMBER 15, 1925. 

 Cash Received to date: 



Rockefeller Foundation $500,000.00 



Friendship Fund 221,608.61 



Interest on bank deposits: 



December, 1924 $ 8,721.67 



June, 1925 459-28 9,180.95 



Donation, Frank R. Lillie 3,311.45 -$734,101.01 



Payments as follows: 



Geo. A. Fuller Co., Gen. Contractor. . . $484,210.56 



C. H. Cronin, Inc., Plumbing 48,229.06 



Cleghorn Company, Heating 30,658.95 



Hixon Electric Co., Elec. work 66,555.36 



F. S. Payne Co., Elevator 3-977-OO $633,630.93 



