RECORDS. 213 



Balance Sheet. 



Dr. Cr. 



Permanent Fund, ;^io,37i.43 



Publication " 1,823.99 



Audubon " 1,897.25 



Income, Permanent Fund, 676.31 



Income, Publication Fund, 113.77 



Income, Audubon Fund, 1 15.99 



General Income, 2,006.18 



Investment on Bond and Mortgage,. . ^12,000.00 



Cash on hand $ 5,364.62 



g 1 7,364.62 ^17,364.62 

 New York, December 21, 1903. 



REPORT OF THE LIBRARIAN. 



In accordance with the agreement between the New York 

 Academy of Sciences and the American Museum of Natural 

 History, the library of the Academy was on March 3, 1903, 

 transferred to the custody of the Museum. Since that time the 

 attention of the Librarian has been confined to the care of in- 

 coming exchanges and the correspondence of the office. Mr. 

 William M. Erb has continued as the assistant in charge of the 

 details of the work. The Librarian of the Museum has been 

 engaged in arranging the Academy library and it is now in 

 better condition for reference then ever before, and is available 

 at any time to members of the Academy. 



In laying down his office, the Librarian would call the espe- 

 cial attention of the Academy to the advisability of revising the 

 exchange list, in consultation with the authorities of the Ameri- 

 can Museum, in order to avoid the useless duplication of minor 

 exchanges brought about by the union of the two libraries. 



R^pectfully submitted, 



Livingston Farrand, 



Librarian. 



