592 PROCEEDINGS OF THE AMERICAN ACADEMY. 



To Prof. R. R. Renshaw, New York University, $200.00 to be used 

 in the study of the physiological activity of choline and its derivatives. 



Reports of investigations aided by grants made by the Committee 

 have been recently published by Professors Conant, Hibbert, James, 

 Kraus and Willard. 



A potentiometer bought with money granted by the Committee to 

 Prof. H. H. Willard has recently been returned to the Chairman and 

 lent to Prof. R. R. Renshaw. It is planned to have all apparatus of a 

 general nature returned so that it can be used in a number of researches. 



James F. Norris, Chairman. 

 May 9, 1923. 



Report of the Publication Committee. 



During the twelve months since the publication of the last report 

 there have been printed Nos. 11-18, inclusive, of Vol. 57 of the Pro- 

 ceedings, and Nos. 1-8 of Vol. 58. Vol. 57 contains the largest 

 number of papers, though not the largest number of pages printed, 

 since the issuance of Vol. 48 (1912-13), and the current volume will 

 be nearly as large. 



Sales of publications remain at a very satisfactory figure. 



The financial statement follows : 



Receipts. 



Balance, April 1, 1922 $6,003.69 



Appropriation 3,951 . 95 



Sales of publications 600 . 35 



Received for authors' reprints 159.55 $10,715.54 



Expenses. 



Engraving, printing and binding .... $4,439 . 64 



Cartage and mailing 113.87 



Committee's expenses 15.62 $4,569.13 



Balance, April 1, 1923 $6,146.41 



