23 ] 156 



No. 3. 

 Report of the Executive Committee, on the state of the funds. 



The Executive Committee report the state of the funds of the institution, 

 on the 1st instant, as follows : 

 The Board of Regents have drawn from the treasury, of accruing interest, 



to pay the current expenses of the institution - - $40,660 SI 



The disbursements from this fund have been as follows: 



For expenses of Board of Regents and its commit- 

 tees ------ S3,8:6 47 



For materials and erection of specimen walls, and 



superintendence thereof - - - 393 63 



1 K ^ '^ OQ 



For books purchased ... - ooo jj 



For compensation to architects for designs, &c. - 1,325 00 



For recording and copying . . - u^S Jo 



For services of Assistant Secretary - - 200 00 



For services of messenger - - - '^^^ 50 



tor postage - - - - - ^o jy 



For printing - - - - - ^47 63 

 For examination of quarries, including expenses 



of geologist - - - - - 3/0 76 

 For perspeciive views of institution - - 200 00 

 For chemical examination of building-materials - 94 50 

 For expenses contiected with ceremonies, &c,, on 

 the occasion of laying the corner stone of build- 

 ing ... - - - 185 37 

 For stationery - - - - - 11^2 b J 

 For philosophical and chemical apparatus - 1,57147 

 For salary of Secretary - - - - i,/ou uu 

 For expense of first volume of Transactions, in part 203 53 

 For incidentals, including furnishings, freight, car- 



riage, hack-hire, &.c. - - . " . . " 



For surveying and recording levels of institution 



grounds - - - - - 112 50 



For expenses of building, including superintend- 

 ence ------ 25,002 67 



37,670 02 

 Balance in the hands of Corcoran & Riggs, De- 

 cember 1, 1847 ----- 2,990 79 



40,660 81 



The entire amount of the funds of the institution on the 1st instant 

 was $758,159 79, being $861 79 more than the amount of its funds on 

 the day of the passage of the act by which it was organized ; and on the 

 first of next month there will be due of interest, $15,455. 



The institution has no debts, except a few unimportant items not yet 

 rendered, and also an account for the seal of the institution. 



' W. W. SEATON, 



ROBblRT DALE OWEN, 

 December 15, 1847. A. D. BACHE. 



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