REPORT OF THE PRESIDENT, I908, 



19 



of in February and August for the latter. The increase in the income of 

 the Institution during the past fiscal year was, therefore, only $50,000. This 

 was made available by the Trustees for allotment by the Executive Com- 

 mittee. 



The sources of funds available for expenditure during 

 the past year, the allotments for the year, and the balances 

 unallotted at the end of the year are shown in detail in 

 the following tabular statement : 



Financial Statement 



for the Fiscal Year 



1907-1908. 



Unallotted 

 Oct. 31, 1907. 



Appropri- 

 ation, 

 Dec. 10, 



1907. 



Revertments, 



Oct. 31. 1907, 



to Oct. 31, 



1908. 



Total. 



Large Grants | $27,907.22 ; $417,440 



Minor Grants i ' 47,500 



Research associates 

 and assistants. 



Publications .... 

 Administration. . 



Total , 



16,635.62 

 10,870.35 



55,413-19 



$2,000.00 1:447,347.22 

 4,824.00 i 52,324.00 



15,000 

 50,000 

 50,000 



3,666.33 

 7,830.53 



579.940 



18,666.33 

 74,466.15 

 60,870.35 



Aggregates 



of 



allotments 



and amounts 



transferred. 



:;i9,847.22 



52,324.00 



18,666.33 

 59,768.14 

 48,254-65 



18,320.86 



653,674.05 598,860.34 



Balances 



unallotted 



Oct. 31, 



$27,500.00 



14,698.01 

 12,615.70 



54.813-71 



The following list shows the departments of investigation to which the 

 larger grants were made by the Trustees and the amounts allotted from 

 those grants by the Executive Committee during the year : 



Department of Botanical Research $29,240.00 



Department of Economics and Sociology' 30,000.00 



Department of Experimental Evohition 28,200.00 



Department of Historical Research 20,000.00 



Department of Marine Biology 13.000. 00 



Department of Meridian Astrometry 20,000.00 



Department of Terrestrial Magnetism 57,000.00 



Department of Terrestrial Magnetism, vessel 40,000.00 



Geophysical Laboratory 42,000 . 00 



Horticultural Work of Luther Burbank 10,000.00 



Nutrition Laboratory 35.0O0 . 00 



Solar Observatory 85,000 . 00 



409,440.00 

 Transferred to research associates and assistants by Executive Committee, 



April 21, 1908 407.22 



Unallotted balance transferred to unappropriated fund 10,000.00 



419,847.22 



The fields of investigation to which minor grants were assigned, the names 

 of the grantees, and the amounts of the grants are shown in the first list on 

 the following page. 



