TWENTY-SECOND ANNUAL REPORT 45 



Stokes Bird Fund 258.54 



Cadwalader Animal Fund 1,500.00 



Art Gallery Fund 8,003.21 



Tropical Research Fund 1,465.63 



National Collection of Heads & Horns 75.77 



Wild Life Fund 869.01 



Publication Fund 1,075.40 



Heads & Horns Building Fund (uninvested) 13,983.62 



Pheasant Aviary Fund 141.33 



Library Fund 437.80 



Total $57,968.79 



Carnegie Pension Fund Income Account: 



Farmers' Loan & Trust Company $ 3,137.27 



Corn Exchange Bank (Bronx) 274.69 



$ 3,411.96 



The Executive Committee desire to express its appreciation 

 of the satisfactory manner in which the Assistant Treasurer, 

 The Farmers' Loan & Trust Company, and the Bursar, Mr. R. L. 

 Cerero, have performed their duties. 



INCOME ACCOUNT. 



As usual the general income of the Society, which includes 

 the income from the Endowment Fund, was insufficient to meet 

 the current expenses of 1917, although these were reduced to 

 the lowest possible point consistent with the actual work of the 

 Society ; and we were obliged again to use a portion of the cash 

 balance on hand at the beginning of the year. This account con- 

 tinues to suffer from its obligation to contribute annually to the 

 Carnegie Pension Fund. This year the amount due was $3,665. 

 The Committee are only too glad to provide in this way for the 

 safety of their employees, but the drain on their resources is 

 nevertheless very great. This account is the one which occa- 

 sions the most anxiety to your Committee, and nothing short of 

 a considerable increase in membership, or in the Endowment 

 Fund, will be of substantial assistance to this fund. 



As a result of these burdens on the Society's resources the 

 balance on hand at the close of the year was only $10,954.74, a 

 sum even smaller than the balance of the previous year. 



