REPORT OF THE PRESIDENT, 1920. 



17 



diminished during the past six years. And it is gratifying to 

 note that during the past year, especially, the return towards 

 normal activities has been accompanied as a rule by greater 

 concentration of effort and by prospects of more important 

 results than have characterized any previous year in the history 

 of the Institution. Accumulated experience, of course, has 

 afforded its advantages here; but the researches of the year, as 

 recorded in the formal accounts printed in the current Year 

 Book and as indicated in the bibhography accompanying this 

 report, show that only the restricted capacities of the Institu- 

 tion's resources stand in the way of its increased opportunities 

 and its increased usefulness. 



FINANCIAL RECORDS. 

 The sources of funds available for expenditure 

 during the past fiscal year, the allotments for the 

 year, the revertments made during the year, and 

 the balances unalloted at the end of the year, are shown in detail 

 in the following statement: 



Financial statement for fiscal year 1919-1920. 



Financial 



Statement 



for Fiscal Year 



1919-1920. 



Object of appro- 

 priation. 



Balances 



unallotted 



Oct. 31, 



1919. 



Appropri- 

 ation 

 Dec. 12, 

 1919. 



Revert- 

 ments 

 Nov. 1, 

 1919, to 

 Oct. 31, 

 1920. 



Totals 



for fiscal 



year. 



Aggregates of 

 allotments 



and amounts 

 transferred. 



Balances 



unallotted 



Oct. 31, 



1920. 



Large grants. . . 

 Minor grants. . . 

 Publications. . . . 

 Administration . 

 Reserve fund . . . 

 Insurance fund . 

 Pension fund . . . 



$4,400.10 

 9,200.12 



$897,316 

 118,900 

 60,000 

 55,000 

 250,000 

 25 , 000 

 40 , 000 



>.30, 118.34 



49,321.51 



4,879.57 



9,795.00 



5927,434.34 

 172,621.61 

 74,079.69 

 64,795.00 

 250,000.00 

 25,000.00 

 40,000.00 



$927,434.34 

 161,200.66 

 68,930.69 

 64,795.00 

 250,000.00 

 25,000.00 

 40,000.00 



SI 1,520.95 

 5,149.00 



Total . 



13,600.22 



1,446,216 



94,114.42 



1,553,930.64 



1,537,360.69 



16,669.95 



The aggregates of receipts from interest on endowment, from 



interest on bond investments, from interest on deposits in banks, 



Receipts and from sales of pubUcatious, from refunds on grants, 



^hrSsSutfon^ ^^^ from miscellaneous sources, for each year 



to Date. since the foundation of the Institution, are shown 



by the following table; the grand total of these to date is 



$18,972,089.26. 



