398 PROCEEDINGS OF THE AMERICAN ACADEMY. 



Interest on Bonds, bought .80 



Income transferred to principal 317.82 $6,476.29 



Balance, April 1, 1919 8,360.34 



$14,836.63 

 RuMFORD Fund. 

 Receipts. 



Balance, April 1, 1918 $2,902.21 



Investments 3,655.46 



Sale of publications 22 . 73 



Grant returned 81.33 $6,661.73 



Expenditures. 



Research $1,300.00 



Periodicals and binding 101.54 



Medals 1,031.17 



Sundries 4.25 



Interest on Mortgage, bought 5 . 50 



Income transferred to principal 155.04 $2,597.50 



Balance, April], 1919 4,064.23 



$6,661 . 73 

 C. M. Warren Fund. 

 Receipts. 



Balance, April 1, 1918 $3,673.58 



Investments 1,158.14 $4,831.72 



E.vpcnditurcs. 



Sundries $3.00 



Income transferred to principal 52 . 59 855 . 59 



Balance, April 1, 1919 4,776.13 



$4,831.72 



