SYNOPSIS OF PROCEEDINGS. 329 



Among these are books of the greatest value and the recent publica- 

 tions of scientific societies all over the world. 



Our Treasurer's report is very encouraging: 



Receipts $1,993.71 



Expenditures r ,956.72 



Cash balance S 36.99 



This includes the payment of the floating debt, which amounted to 

 ^411. Nearly four hundred dollars of the receipts were derived from 

 the proceeds of the four performances of "Ben Hur," conducted by 

 our friends last April and so liberally patronized by the people of this 

 city. 



Our Finance Committee reports the purchase of the fifty-foot lot ad- 

 joining our property on the north, at a total cost ( including the 

 amount due for the four feet purchased several years ago, and on 

 which no payment was made ) of $1,560. To meet this we received 

 from 



Kuhnen Estate 81,025 



Donations by Messrs. Smith, Putnam, and Phelps 195 



Newbold Estate 80 



Loan 260 



81,560 

 There is in the endowment fund the sum of ;gi,2oo invested in two 

 seven per cent, farm mortgages, one of S200 and one of $1,000. 

 There are also the two bequests of s 1,000 each, of the late Mr. and 

 Mrs. J. M. Parker, and an interest as residuary legatee of the Newbold 

 estate, which will bring us about S500. 



Our Publication Committee reports the first part of Volume VI. fin- 

 ished. Volume V. was completed and delivered early in the year at 

 a cost of $1,300. The committee needs the sum of §300 to pay for 

 additional copies and binding. All the funds necessary for these pub- 

 lications have been secured, as in the past, by the individual and inde- 

 fatigable efforts of Mrs. Putnam. 



While the actual needs of the Academy are small, yet I hope to see: 

 First — Five thousand dollars expended on our library for binding 

 and publishing a catalogue — this would give us the finest scientific 

 library in the West, and would add many professional men in this vi- 

 cinity to our membership: Second — The sum of $20,000 as an en- 

 dowment to our publications, so that our Proceedings could be gotten 

 out as soon as desired without requiring personal subscriptions in 

 advance: Third — Twenty thousand dollars to extend our building 

 in order to have room to exhibit our collections, more than half of 

 which are at present either boxed up or so cramped for space as to be 

 overlooked : Fourth — A large endowment for archaeological explor- 

 ations. This Academy was the pioneer in this work in this section of 

 the country, and had we a large fund, the interest of which could be 

 used in sending out members to make explorations, we would draw 

 hundreds of young men to our membership. 



