44 NEW YORK ZOOLOGICAL SOCIETY 
The cash received has been credited to the Endowment Fund 
and invested in the following securities: 
$13,400 New York City 414% Bonds due 1965. 
The bequest of $1,000 left to the Society by Mr. Jacob 
Langeloth, deceased, a former Annual Member, has also been 
paid, and the money credited to the Endowment Fund. 
With the Life Membership fees received during the year 
the Endowment Fund now amounts to $340,312. 
This fund is invested in securities yielding net income at 
the average rate of 4.55% per annum. 
On December 31, 1915, there was a small uninvested cash 
balance of $1,972.80 on hand. 
CADWALADER ANIMAL FUND. 
This fund consists of the income from the fund of $20,000 
bequeathed to the Society by Mr. John L. Cadwalader, deceased, 
the income of which is to be used for the purchase of animals 
for the Park. On January 1, 1915, there was a cash balance of 
$188.89; the income during the year amounted to $1,000, and 
animals at the total cost of $400 have been purchased. This 
fund closes the year with a cash balance of $788.89. 
The principal fund has been invested in twenty Illinois 
Central and Chicago, St. Louis & New Orleans joint 5% bonds, 
at par. 
STOKES’ BIRD FUND. 
The income from this fund, which consists of $5,000 be- 
queathed to the Society by the late Miss Caroline Phelps Stokes, 
is devoted to the protection of bird life throughout the country. 
On Jan. 1, 1915, there was a balance on hand of $134.69 
and during the year income was received in the amount of $200. 
The expenditures have only amounted to $57.40, leaving a cash 
balance on hand December 31, 1915, of $277.29. 
LIBRARY FUND. 
The Library Fund is supported by transfers from the Gen- 
eral Income account of the Society. During the year one such 
transfer was made of $500, which with the balance of $146.57 
on hand January 1, 1915, made a total of $646.57 available for 
expenditure. Books, periodicals, pamphlets, etc., have been pur- 
chased to the extent of $551.89, and the account shows a balance 
of $94.68 on December 31, 1915. 
