856 PROCEEDINGS OP THE AMERICAN ACADEMY. 



Expenditures. 



Research $1,400.00 



Books, periodicals, and binding .... 221.70 



Publication 756.53 



Medals 400.00 



Sundries 40.85 



Income transferred to principal . . . . 147.03 $2,966.11 



Balance, April 1, 1912 1,307.92 



$4,354.03 



C. M. Warren Fund. 



Receipts. 



Balance, May 1, 1911 $897.72 



Investments 620.60 $1,518.32 



Expenditures. 



Research $750.00 



Vault rent, part 4.00 ' 



Interest on bonds 70.14 



Income transferred to principal .... 16.84 



Charged to cancel premium on bonds . . 300.00 $1,140.98 



Balance, April 1, 1912 . . . 377.34 



$1,518.32 



Publication Fund. 



Receipts. 



Balance, May 1, 1911 $1,066.18 



Appleton Fund investments 665.56 



Centennial Fund investments .... 2,076.41 



Sale of Publications 49.04 $3,857.19 



Expenditures. 



Publication $2,981.08 



Vault rent, part 12.50 



Income transferred to principal .... 148.26 $3,141.84 



Balance, April 1, 1912 '~. TT . . 715.35 



$3,857.19 

 The following reports were also presented : — 



Report of the Library Committee. 



Owing to the death of Mr. A. Lawrence Rotch, the usual report of the 

 Librarian devolves upon the Library Committee ; and the Committee 



