450 PROCEEDINGS OF THE AMERICAN ACADEMY. 



Expenditures. 



Research 1,200.00 



Books, periodicals and binding 317.27 



Publications 392.58 



Sundries 73.50 



Income transferred to principal 186.89 $2,170.24 



Balance, April 1, 1922 5,929.22 



$8,099.46 



C. M. Warren Fund. 



Receipts. 



Balance, April 1, 1921 $4,226.62 



Investments 1,205.55 $5,432.17 



Expenditures. 



Research $2,975.00 



Vault Rent, part 3.00 



Income transferred to principal . . . . ,. 52.11 $3,030.11 



Balance, April 1, 1922 2,402.06 



$5,432.17 



Publication Fund. 



Receipts. 



Balance, April 1, 1921 $4,470.01 



Appleton Fund investments 1,843 68 



Centennial Fund investments 2,441 . 28 



Authors' Reprints 73.87 



Sale of Publications 227.34 $9,056.18 



Expenditures . 



Publications $3,738.73 



Vault Rent, Part 10.00 



