February 22, 1918] 



SCIENCE 



199 



THE AMERICAN ASSOCIATION FOR 



THE ADVANCEMENT OF 



SCIENCE 



REPORT OF THE TREASURER FOR 1917 



Ix conformity with Article 15 of the consti- 

 tution and by direction of the council, the 

 treasurer has the honor to submit the following 

 report for the period December 20, 1916, to 

 December 15, 1917, both inclusive. 



The total of cash receipts during the year was 

 $7,620.42. Disbursements made in accordance 

 with directions of the council amounted to 

 $12,127.45. These include $8,000 for purchase 

 of a like amount of United States Second 

 Liberty Loan Bonds of 1917 for the associa- 

 tion and held as an investment. 



The total amount of funds of the association, 

 consisting of cash, cost value of securities pur- 

 chased and appraised value of securities re- 

 ceived from the Colbum estate is $112,644.18 



A detailed statement is appended. 



(Signed) Egbert S. Woodward, 



Treasurer 

 December 15, 1917 



BALANCE SHEET 



Investments : 



Securities (Exhibit A) $108,777.50 



Cash in banks 3,866.68 



$112,644.18 



Liaiilities 

 Funds : 



Life Membership $16,400.00 



Jane M. Smith Fund 5,000.00 



Oolburn Fund 77,755.74 



$99,155.74 

 Accrued surplus $13,488.44 



$112,644.18 



CASH STATEMENT 



Eeceipts 



1916 



Dec. 20 



Balance from last report $8,373.71 



Interest from securities. . . .$4,905.00 

 Interest from bank balance. 320.42 



20 life commutations 1,000.00 



E. D. Adams 950.00 



C. H. Dodge 445 .00 $7^^620.42 



$15,994.13 



Disbursements 

 Investments: 

 $8,000 U. S. Second Liberty Loan 



of 1917 $8,000.00 



Interest on Life Mcmliprships: 

 284 members ($14,200 at 



4*) for 1916 568.00 



328 members ($16,400 at 



4^) for 1917 656.00 



4 members (Jane M. Smith 



Fund) 200.00 $1,424.00 



Grants: 



Ralph C. Benedict $100.00 



E. S. Woodworth 100.00 



F. C. Blake 100.00 



Richard C. Toliiian 300.00 



H. L. FairchUd 300.00 



S. W. WilUston 100.00 



Ralph W. Clieney 100.00 



Frederick P. Gay 500.00 



John B. Watson 100.00 



Robert M. Yerkes 100.00 



A. HrdliCka 100.00 



Bruno Oetteking 100.00 



Herbert M. Richards 250.00 



C. H. Kauffman 100.00 $2,350.00 



Subcommittee of 100; 



J. McKeen Cattell (print- 

 ing) 153.45 



J. C. Merriam, Chairman. . 200.00 $353.45 



$12,127.45 



Cash in Banks: 

 Fifth Avenue Bank of New 



York 1,853.89 



IT. S. Trust Companv of 



New York .'.... 2,012.79 3,866.68 



$15,994.13 



[Exhibit A] 



SCHEDULE OP SECURITIES 



Securities Purchased 



Par Value Purcba^e Value 



$10,000 Chicago and North- 

 western Railway Co., gen- 

 eral mortgage 4 per cent, 

 bonds, due 1987 $9,425.00 



$10,000 Atchison, Topeka 

 and Santa Fe Railway 

 Co. general mortgage 4 

 per cent, bonds, due 1995. 9.287.50 



$10,000 Great Northern 

 Railway Co. first and 

 refunding mortgage 4.25 

 per cent, bonds, due 1961. 10,050.00 



$10,000 Pennsylvania Rail- 

 road Co. consolidated 

 mortgage 4.5 per cent, 

 bonds due I960 10,487.50 



$10,000 Chicago, Burling- 

 ton and Quincy Railroad 

 Co. general mortgage 4 

 per cent, bonds, due 1958. 9,350.00 



$10,000 Union Pacific Rail- 



