22 TRANSACTIONS OF THE 



cornplished in the way of convincing the home-seeker what can be grown 

 here than by any other method advanced. 



Our building and improvements this year cost nearly $3,000, and in- 

 cluded the building of a new sidewalk the entire length of the property 

 under our control on H Street, the remodeling and building of additional 

 stabling at the Park, and repairing of the roof of the Exhibition Building, 

 with a view of abating the leakages through the skylights. 



It is our purpose, as finances will permit, to make improvements each 

 year at the Park, to the end that the arrangements for the accommodation 

 of the public will be in keeping with the importance of the institution. 



INDEBTEDNESS. 



It is with much pride that we point to our balance sheet for the year of 

 1887. The reduction made in our indebtedness exceeded our expectations. 

 At the commencement of the year our bills payable account was as fol- 

 lows: 



National Bank of D. O. Mills & Co $22,983 29 



Occident stakes 1,710 00 



Eunning stakes .. 50 00 



$24,743 29 



Our assets were : 



Cash . -'-- — $54181 



Entrances due. --- 1,625 00 



2,166 81 



Leaving net indebtedness. . $22,576 48 



At the end of the fiscal year we find our balance sheet shows : 



LIABILITIES. 



D. O. Mills & Co $6,648 43 



Occident stakes 2,040 00 



Running stakes 90 00 



$8,778 43 

 ASSETS. 



Entrances due $1,855 00 



Bills receivable 546 00 



Cash 409 15 



$2,810 15 



Net indebtedness $5,968 28 



Showing the net gain for 1887 to be as follows: 



Liabilities, February 1, 1887 $22,576 48 



Liabilities, February 1,1888 5,968 28 



Net gain for 1887 ..$16,608 20 



RESUME. 



We are pleased to say that the season of 1887 has been most prolific; 

 the patronage we received from the public exceedingly gratifying; and the 

 annual exhibition made up by the various exhibitors was commendable 

 to their enterprise, energy, and business tact. 



The large reduction made in our indebtedness causes us to be grateful 



