THE RETROSPECT OF THE YEAR. 



153 



TREASURER'S REPORT. Receipts and expenditures of 

 the past year (condensed from the account presented). 



RECEIPTS. 



For balance of last year's account, 



" conditional donation from Mrs. Sarah A. Silver, 



" interest from Five Cents Savings Bank to be funded, 



" Assessments of members, 



" income of invested funds, 



' sale of publications, 



" amounts from other sources, 



Net income, 



$1,000 00 

 43 38 



$395 04 



$1,043 38 



$816 00 



3,084 53 



623 04 



158 45 



$4,682 0-2 

 $6, 121 34 



EXPENDITURES. 



By salaries of secretary, assistant-librarians and janitor, $2,043 33 



" eost of books, periodicals and binding, .... 65571 



' publications and printing 1,220 23 



' fuel 217 25 



' gas and water, . . 75 42 



' repairs, 80 85 



' tax on barn, 24 50 



' express, postage and sundries, .... 216 42 



" paid Salem Athenaeum, portion of repairs and expenses, 166 80 



" " annuities, obligations with legacies, . . . . 71000 



Net expenses, $5,41051 



By amount added to manuscript fund, $32 88 



<.. ^ <i North bridge, monument fund, . . 10 50 $43 38 



Balance on hand, 667 45 



$6,121 34 



May 19, 1890. 



Respectfully submitted, 



GEO. D. PHIPPKN, Treasurer. 



Examined and approved, 



R. C. MANNING, Auditor. 



INVESTMENT OF THE FUNDS. 



For the Essex Institute building, 

 " Ship Rock and land, 

 " purpose of income, 



Total investment, 

 Salem, May 17, 1890. 

 Examined and found to agree with the securities, 



$28,370 69 



10000 



61,269 10 



$89,739 79 



R. w. MANNING, Auditor. 



