86 NEW YORK ZOOLOGICAL SOCIETY 



Funds and Accounts: — The receipt in May of a substantial 

 portion of the bequest of Mrs. Margaret Olivia Sage made neces- 

 sary the opening of two new accounts, the Sage Endowment Fund 

 for the bequest and the Sage Endowment Fund Income Account 

 for the income therefrom. Exhibits of the receipts and expendi- 

 tures in these funds appear with the Treasurer's statements in 

 this Report. 



The usual audit of our accounts was made at quarterly 

 periods by the Society's auditors, and their certificate appears 

 immediately following the statements of the Treasurer. 



Privileges: — On the whole and in spite of the various diffi- 

 culties that obtained in many branches of this department, the 

 year's net showing was considerably beyond that of any previous 

 season. This result was due very largely to the increased volume 

 of business caused by the record attendance of 2,250,177, which 

 was nearly a quarter of a million above any year since the Park 

 opened. 



It was thought that the remarkable number of out-of-town 

 visitors in 1919 from all parts of the country, due to the army 

 demobilization, would not soon again be equaled, but the fact is 

 that the figures seemed to have been exceeded in 1920. 



Rocking Stone Restaurayit : — The gross business at the 

 restaurant during 1920 was well above any previous year. Some 

 further advances were made in prices but the cost of supplies and 

 labor which did not reach the highest level until after the best 

 part of the season had gone, resulted in a loss that had to be 

 carried by more favored activities. 



Up to this time the Rocking Stone Restaurant has been 

 operated with full service and a full force throughout the year. 

 Owing to the considerable loss during the winter months in the 

 early part of 1920, it was decided to reduce the service to a mini- 

 mum this winter and see if a more satisfactory showing cannot 

 be made. 



Boating: — The proceeds of the boating season just closed 

 were very much greater than in any previous year. During most 

 of the season our facilities were taxed to the utmost and this 

 condition prevailed much later in the year than usual owing to 

 the mild weather throughout the early fall. 



