TREASURER'S REPORT. 141 



We may also add to this, statuary and portraits which are 

 above price. 



Reducing our mortgage debt 4,000 dollars, we now 

 owe (at bh per cent interest), j)ayable in 12 

 years, . ' $82,500 00 



A loan payable to Harvard College (without inter- 

 est), in 1899, of 12,000 00 



$94,500 00 



Our stores remain rented as at date of last Report. To maintain 

 the relative order of our halls, it has been deemed proper to make 

 an important alteration, which seems to meet universal approval. 

 This, with thoroughly painting the exterior wood and iron work, 

 will account for the magnitude of the item of repairs and altera- 

 tions, which save the property from waste, and inci'ease the income 

 from the rent of halls. 



It will be seen that the amount credited to Mount- Auburn Cem- 

 etery is unusually small. By reference to their account rendered, 

 it will appear' that an extensive addition has been made to the 

 cemetery-grounds by purchase, and also that a considerable ex- 

 penditure has been made for iron fence and a receiving-tomb. 

 These are deemed profitable investments, from which we shall real- 

 ize hereafter. Of these expenditures we pay one-quarter : hence 

 the small dividend. 



This small income, coupled with large expenditures, will be suffi- 

 cient reason for my making no provision for the payment of last 

 year's awards out of that year's earnings. 



I see no reason why the receipts of the coining year will not 

 restore the balance. 



In allusion to Mount Auburn, I shall not be presumed to question 

 the correctness or propriety of the dealing of that institution with 

 this, if I say, that while we pay one-quarter part of its expenses, and 

 have a similar interest in its welfare, we are, as a body, entirely 

 unrepresented in its board of management. I would therefore 

 recommend such action by this Society as may be deemed expe- 

 dient to secure a fair and proper representation in its board of 

 such officers of this Society as shall answer for its intei-ests. 



As Corresponding Secretary, I have little to say. The duties 

 have been light, but may be increased if we bring our work up to 

 the standard of our capabilities. I look to our Committee on 



