456 



AXXALS XEW YOKK ACADEMY OF SCIEyCES 



PROPERTY 



Cost 



Lampe Mortgage ar 5 per cent . . S12.0<30 . iXI 



Deane-Brennan Mortgage at 5^^ per cent . . 4.036.67 



4 Detroit City Gas Company's bends at 5 jyev cent. . 4.(X>0.<X) 



3 Grand Rapids Gas Light Company's bonds at 5 per cent. . 2.SS<).<X) 



10 Madison Gas and Electric Company's bonds .... at 6 per cent . . 10.400 . 00 



1 Binghamton Gas and Electric Company's bond, .at 5 percent. . 995. i>3 



1 Quebec-Jacques Cartier Electric Co.'s bond at 5 per cent. . 965.00 



1 San Antonio Gas and Electric Company's bond, .at 5 per cent. . 487.50 



1 San Antonio Traction Company's bond at 5 per cent. . 4S7.50 



5 IT. S. Steel Corporation bonds at 5 per cent . . 5.0S1 . 25 



Participation bond of Lawyers" Mortgage Co at 5 percent.. 1.000.00 



$42,3.32.92 



He>-RY .J. C0CHRA>-, 



Treasurer. 



10 Mabch. 1915. 



Examined and found to be correct. 

 Bashfobd Deals'. 

 JoH^- Tatxoce:, 



Auditina Committee. 



EEPOET OF THE POETO PJCO C0:MMITTEE 



A scientific surreT of Porto Eico was inaugurated by the Council of 

 the Academy at its regular meeting in Xovember. 1913. upon a report 

 of a committee previously appointed to recommend a plan for investiga- 

 tion, made possible by an offer of Mr. Emerson ^McMillin. at that time 

 President of the Academy, to contribute Sl.OOO a year for a period of 

 five years, and an appropriation of S500 a year by the Council from 

 Academy's funds for a similar period, and by cooperation offered by the 

 American Museum of Xatural History, the Xew York Botanical Garden, 

 scientific departments of Columbia University and Xew York University, 

 and other institutions. The Insular Government of Porto Eico included 

 an item of 85.000 for the survev in its budsret for 1911:-15 and as^ain in 

 the budget for 1915-16, and it ha5 been requested to continue this subsidy 

 for three years longer. 



The Committee of the Council charged with the direction of the survey 

 consists of Professors Britton, Crampton, Kemp, Boas and Poor. The 

 preliminary reconnaissances were made by Professors Britton and Cramp- 

 ton during the winter and early spring of 1914, and the work has since 

 progressed continuously, in the field and in the laboratory. The Com- 

 mittee has secured the aid and advice of a large number of specialists in 

 various fields. 



