REPORT OF THE SECRETARY. 7 
Bequest of James blamiltons Asti). 2 $1, 000 
Accumulated interest on Hamilton fund, 1895____________ 1, 000 
—- $2, 000. 00 
Bequest LOL STNeCOR Ean el StS SO nas a sa de 2 BO OS A Te 500. 00 
Deposits from proceeds of sale of bonds, 188i ——-- ==—- == 51, 500. 00 
CoO PHOMmasiG-sHOGekINGs TCO Mie es 8 Spal ales ee i ol ee 200, 000. 00 
Part of residuary legacy of Thomas G. Hodgkins, 1894_____-_____ 8, 000. 00 
Deposit Lrom-savines of income; A9OBLELE ee eG See? 25, 000. 00 
Residuary legacy of Thomas G. Hodgkins, 1907__________________ 7, 918. 69 
Wenposif from savings-of incomes TOYS 2 EU meee ee 636. 94 
Bequest of William Jones Rhees, 1913220) 020250005 2) 251. 95 
Deposit of proceeds from sale of real estate (gift of Robert Stan- 
(Gore AWWA ))acd ne ee Ee ie ae ere 9, 692. 42 
Bequest of-Addison) TiReid, Howat Se te Oe ie Od fie 4, 795. 91 
Deposit of savings from income Avery bequest, 1914____-_-_ 204. 09 
Total of fund deposited in the United States Treasury_____ 960, 500. 00 
OTHER RESOURCES, 
Registered and guaranteed bonds of the West Shore Railroad Co., 
part of legacy of Thomas G. Hodgkins (par value)____________ 42, 000. 00 
Ota Permanent eos aes aoe Se 1, 002, 500. 00 
With the aid of the first installment of $4,795.91 of a bequest 
from the late Addison T. Reid and a small deposit from savings of 
income from the Avery bequest, the permanent fund now, for the first 
time, exceeds $1,000,000. 
That part of the fund deposited in the Treasury of the United 
States bears interest: at 6 per cent per annum, under the provisions 
of the act organizing the Institution and an act of Congress approved 
March 12, 1894. The rate of interest on the West Shore Railroad 
bonds is 4 per cent per annum. 
The income of the Institution during the year, amounting to 
$90,952.54, was derived as follows: Interest on the permanent foun- 
dation, $58,994.29; contributions from various sources for specific 
purposes, $17,554.20; first installment of a bequest from the late 
Addison T. Reid, $4,795.91; and from other miscellaneous sources, 
en all of which was deposited in the Treasury of the United 
tates. 
With the balance of $33,641.40 on July 1, 1913, the total resources 
for the fiscal year amounted to $124,623.94. The disbursements 
which are given in detail in the annual report of the executive com- 
mittee, amounted to $94,063.81, leaving a balance of $30,560.13 on 
deposit June 30, 1914, in the United States Treasury and in cash. 
The Institution was charged by Congress with the disbursement 
of the following appropriations for the year ending June 30, 1914: 
PRGA Gare Us Tee CTD NSS 9 a a ek $32, 000 
ATS SVOSHT ICT OCT EY a Pkg gS Oe DY a age a es IE KG 
AR IEOU IY Srealla@ DSETVanO Lye ee ee eee ee BO Bal ee ge 13, 000 
