42 NEW YORK ZOOLOGICAL SOCIETY 



Total balance to credit of two ap- 

 propriations $44,429.30 



Great economy in the expenditure of the above balances 

 is required until such time as the City can supply additional 

 funds for our use. 



CORPORATE STOCK. 



The original application for funds for ground improvement 

 work in the Park, made during 1912, amounting to $195,000, 

 has been amended several times by the City authorities until 

 it has been reduced to about $40,000. Action is pending by 

 the Board of Estimate and Apportionment. The present finan- 

 cial condition of the City, however, renders it probable that 

 no corporate stock will be issued for our use at this time. It 

 is hoped that eventually a sufficient amount will be authorized 

 to construct the much needed Quarantine and Hospital, as well 

 as a fund for miscellaneous improvements. A Pheasant Flying 

 Cage, and a tank for the Pygmy Hippopotami, are also depend- 

 ent on this stock issue. 



NEW AQUARIUM BUILDING. 



This matter has proceeded slowly during the year, owing 

 to the failure of the Board of Estimate and Apportionment to 

 act on the application for corporate stock in addition to the 

 $200,000 appropriated during 1911. The present condition of 

 the finances of the City, however, renders it probable that 

 this work will not be begun by the construction of one or both 

 wings, and it may prove desirable to postpone the commence- 

 ment of this great undertaking until such time as the City is 

 in a position to provide sufficient funds to construct the entire 

 building at one time, instead of in four sections as has hereto- 

 fore been contemplated. 



During the Summer borings were made for foundations 

 and solid rock was found at a depth of thirty-five to forty feet, 

 thus proving that there will be no serious difficulty in the con- 

 struction of foundations for this structure. 



A large model of this building has been prepared and is 

 open to the inspection of the members of the Society at the 

 American Museum of Natural History. 



The plans have been formally approved by the Commis- 

 sioner of Parks, Mr. Charles B. Stover, and by the Landscape 

 Architect, Mr. Charles Downing Lay. 



