THE REPORT OF THE TREASURER. 7 



Balancing account: 



Balance, January i, 1923 5410,671.88 



Add: 



Special Donation received from C. R. Crane 

 for final payment on purchase of Fish Es- 

 tate (Kidder House) 15,000.00 



Balance of Income for Year (Exhibit B) 1,638.11 427,309.99 



$445,504.69 



MARINE BIOLOGICAL LABORATORY, INCOME AND EXPENSES 

 FOR YEAR ENDED DEC. 31, 1923. 



Expenses Income Loss Gain 



Administrative expenses $ 9,880.21 $ $ 9,880.21 $ 



Bar Neck Property expense. . . 375-OO 375-OO 

 BIOLOGICAL BULLETIN and an- 

 nual dues 3,602.61 3,798.68 196.07 



BIOLOGICAL BULLETIN adjust- 

 ment of expenses for 1922. . 448.48 448.48 



Carpenter department 1,315.23 30.81 1,284.42 



Chemical department 1,937.29 1,937.29 



Evening lectures 110.20 110.20 



Dormitories 3,473.48 3,229.73 243.75 



Instruction 7,144.26 10,862.50 3,718.24 



Interest on notes payable 674.13 674.13 



Janitor's house expenses 7.69 7.69 



Library department 1,909.61 1,909.61 



Maintenance, buildings and 



grounds 6,474.87 6,474.87 



Mess 26,000.48 28,157.30 2,156.82 



New laboratory 4,762.95 4,762.95 



Newman cottage 129.84 150.00 20.16 



Pumping station 512.59 512.59 



Research department 3,125.77 6,825.00 3,699.23 



Supply department 



(see Schedule IV) 50,210.33 48,461.17 1,749.16 



Sundry expense and income .. 921.52 13,457.74 12,536.22 



Truck 607.77 607.77 



Total current expenses ... 1123,624.31 $30,978.12 



Total current income .... $114,972.93 $114,972.93 $22,326.74 $22,326.74 



Excess of expenses. .. $ 8,651.38 $8,651.38 



Reserve for depreciation 9,109.84 



Bad accounts written off 600.67 



$ 18,361.89 

 Donations for expenses, 



Friendship Fund, Inc 20,000.00 



Balance to Exhibit A $ 1,638.11 



