42 NEW YORK ZOOLOGICAL SOCIETY 



FINANCES. 



Owing to the policy of your committee of keeping expendi- 

 tures within our known resources the Society closes the year 

 in a fair financial position, despite the unsettled conditions of 

 the past year. The balances to the credit of the several funds 

 as of December 31, 1915, are as follows : 



Income Account $23,340.22 



Animal Fund 5,198.31 



Cadwalader Animal Fund 788.89 



Endowment Fund (uninvested) 1,972.80 



Stokes' Bird Fund 277.29 



Library Fund 94.68 



National Collection of Heads and Horns 320.36 



Wild Life Protection Fund 648.64 



Improvement and Repair Account 1,762,36 



Tropical Research Fund 5,000.00 



Total $39,403.55 



Pension Fund Income Account: 



Farmers' Loan and Trust Co. $4,595.77 



Corn Exchange Bank (Bronx) 372.68 



$4,968.45 



The above balances are in the Farmers' Loan and Trust 

 Company, and upon the recommendation of Mr. Percy R. Pyne, 

 Treasurer, said Trust Company has been appointed Assistant 

 Treasurer of the Society, to take effect January 1, 1916, and is 

 to be vested with the same powers and duties as those now pos- 

 sessed by the Treasurer. This will greatly facilitate the work 

 of the Treasurer's Department. 



INCOME ACCOUNT. 



The general income of the Society, including that from the 

 Endowment Fund, was insufficient during the year to meet cur- 

 rent expenses, and it was necessary to use a portion of the cash 

 balance on hand at the beginning of the year. 



The annual cash subscription of $3,640 to the Pension 

 Fund, which is taken from the general income of the Society, 

 is responsible for this deficit. 



The balance of the Society's subscription to this fund, which 

 totals $8,000, is made up by the income from the fund of $100,000 



