568 PROCEEDINGS OF THE AMEEICAN ACADEMY. 



Expenditures. 



Research $100.00 



Vault rent (part) 4.00 



Income transferred to principal 13.88 



Charged to reduce premium on bonds . . . 50.00 $167.88 



Balance, April 30, 1910 ~ '. T 783.48 



$951.36 

 Publication Fund. 



Receipts. 



Balance, April 30, 1909 $692.99 



Appleton Fund investments 618.82 



Centennial Fund investments 2,312.17 



Sale of publications 402.43 $4,026.41 



Expenditures. 



Publication $2,545.02 



Vault rent (part) 12.50 



Income transferred to principal 146.94 $2,704.46 



Balance, April 30, 1910 ~" ~ TT 1,321.95 



$4,026.41 



The following reports were also presented : — 



Report of the Librarian. 



The work of cataloguing the library has progressed during the past 

 year, and is now almost completed. Two alcoves of Society pub- 

 lications, half the dictionaries and the bibliography, only, remain 

 uncatalogued. 



There is now no more room for books in the stack-building, and if 

 we remain in this house, shelving must be put up in the house — 

 which is not fire-proof — or another story must be added to the stack- 

 building. 



The number of bound volumes in the library at the last report was 

 29,911. 1105 volumes have been added during the past year, making 

 the number of bound volumes now on the shelves 31,016. The num- 

 ber of volumes added includes 990 gifts and exchanges, 70 purchased 

 by the General Fund, and 48 by the Rumford Fund. 



86 volumes have been borrowed from the library by 30 persons, 

 including 19 Fellows. 



All books borrowed during the year have been returned, except 11, 



