FOURTH ANNUAL REPORT OF THE TREASURER 21 



The disbursements were : 



Investments 7,828. 2 1 



Publication of Proceedings, Vol. II — 1,783.76 



Publication of Proceedings, Vol. III... 1,655.72 



Publication of Joint Directory 272.96 



Receptions 20.80 



Presidential addresses 32-50 



Lectures 272.76 



Rent of Cosmos Club hall 6.00 



Secretary's Office 84.00 



Treasurer's Office 79*9° 



Total 1 2 ,036. 6 1 



Of the balance, $6,710.65 is on deposit with the American Secur- 

 ity and Trust Co., drawing 2 per cent, interest, and the remainder, 

 $15.03, is cash in the hands of the Treasurer. There are no outstand- 

 ing bills, so far as the Treasurer is advised. 



The assets of the Academy consist of a real estate mortgage 

 note of $4,500, at 45^ per cent., dated June 11, 1901, 

 on the 15th street lot, of which $2,500 has been paid, 

 leaving the present value $2,000.00 



Cash on hand 6, 725 .68 



Total $8,725.68 



In these assets are included all sums unconditionally con- 

 tributed by patrons and the accretions thereto from in- 

 vestments, as follows : 



Original contributions $6,000.00 



Profit on sale of building lot 2,273.45 



Interest on two notes, sold 49-09 



Interest on bank deposits (estimated) 25 .00 



' ^^347-54 



Under the rule that patrons' donations and their accumulations from 

 investments are set aside as a permanent fund, this balance ($378.14) 

 is the amount now available for general expenses. 



Respectfully submitted, 



Bernard R. Green, 



Treasurer. 

 January ii, 1902. 



