44 NEW YORK ZOOLOGICAL SOCIETY 
The sum of $207,586 has been provided for the maintenance 
of the Park by the City for the year 1918. This includes an 
amount sufficient to enable the Society to meet the increased sal- 
aries of our low-paid employees, which last year were provided 
by a special subscription of the Board of Managers. 
Aquarium.—The sum of $47,000 was provided by the City 
for the maintenance of the Aquarium during 1917. Your Com- 
mittee had great difficulty in maintaining the Aquarium with 
this amount, and it was only with much self-devotion on the part 
of the Aquarium staff that this result was accomplished and the 
year closed without a deficit. The sum of $48,632.50 has been 
provided by the City for the maintenance of the Aquarium for 
the year 1918 and for the increased salaries of the low-paid 
employees. 
The total cost to the City for the upkeep of these two insti- 
tutions for the year 1917 amounted to a trifle less than seven 
cents for each visitor. 
FINANCES. 
The Society continues to suffer from an exceedingly small 
Endowment Fund and it has been a great disappointment to your 
Committee that this fund has not received the benefit of large 
bequests in the same proportions as have its sister institutions 
in this city. With an Endowment Fund of only $369,331.96, the 
income is pitifully small for the amount of work which must be 
performed. The Society could be of vast usefulness in various 
fields of zoological and conservation activities if only there were 
a sufficient sum of money available for that purpose. The Ex- 
ecutive Committee desires to point out to the members of the 
Board of Managers the disabilities under which the Society 
labors from a lack of an unrestricted income from at least 
$1,000,000, which could be utilized for the maintenance and ex- 
pansion of the Society. 
The balances to the credit of the several funds in the 
Farmers’ Loan & Trust Company as of December 31, 1917, are 
as follows: 
Income Accounts... 0: ; 1 O10 954174 
Animal Ning ?ts sco eo Ri oe ee a ee Ce 16,463.03 
Endowment Fund (uninvested) tee oe re pan 
