32 NEW YORK ZOOLOGICAL SOCIETY. 



FINANCES. 



Animal Fund. — The Animal Fund during the year has been 

 augmented by gifts aggregating $11,938.50 and by nearly $15,000 

 from the Park privileges. There was expended for animals dur- 

 ing the year the sum of $27,492.40, and there remains on hand a 

 balance of $2,940.23. 



Income Account. — The Income Account (formerly known as 

 the General Fund) is barely sufficient to meet the present needs 

 of the Society and can be increased only by the addition of new 

 members to our list. It is hoped that every effort will be made 

 by the present members to send to your Committee the names 

 of new candidates, and thus enlarge the Society's field of use- 

 fulness. 



General Fund. — The General Fund (formerly known as the 

 Park Improvement Fund) shows a balance of $9,856, and has 

 been little used during the current year. It is hoped that this 

 fund will ultimately be sufficiently enlarged by bequest and other- 

 wise to constitute an endowment fund, the income from which 

 can be used for the general work of the Society. 



Ground Improvement Fund. — The Ground Improvement Fund 

 has been heavily drawn on during the year for construction. The 

 amount expended was $337,240.61, leaving a balance available of 

 $219,112.00, all of which will be required to complete the work 

 under way or outlined in this report. 



With the approval of the Mayor application was made to the 

 Board of Estimate and Apportionment for a bond issue of $300,- 

 000 to provide for the construction of the Elephant House and its 

 yards in 1906 and for other improvements. 



Maintenance of the Zoological Park.— It is the privilege of 

 your Committee to be able to report that no deficiency has been 

 incurred this year in the maintenance of the Park. The amount 

 appropriated, $134,965.00, has proved sufficient, with rigid econ- 

 omy, to maintain the Park and its collections. The great in- 

 crease in exhibits, however, rendered necessary an increase for 

 1906, and the amount appropriated. $144,965.00. an advance of 

 $10,000 over 1905, will probably enable the Society to meet the 

 annual charges without a deficit. 



Maintenance of the Aquarium. — The Society voluntarilv asked 

 for only $45,000.00 for the maintenance of the Aquarium, instead 

 of the $46,500.00 originally supplied by the City. With the strict- 

 est economy this amount has proved sufficient for that institution. 



