12 Repoit of the President 



the same as in 1903 and 1902. This generous sum proved, 

 however, insufficient to meet the running expenses, leaving a 

 deficit of more than $8,000 to be made up by a friend of the 

 Museum. Naturally, with the steady and rapid growth of the 

 Museum, the running expenses must correspondingly increase, 

 for which provision must be made. 



General Account. — The total receipts from all sources 

 have been $78,605.30. The interest from invested funds 

 amounted to $35,145, an increase of $13,340 over the receipts 

 from this source for 1903; $2,400 have been received from 

 Life Memberships and $13,980 from Annual Members, an 

 increase in the latter of $2,240 over the preceding year. 



Endowment atid Investment Account. — The principal items 

 of increase have already been mentioned under the head 

 of "Permanent Endowment," and the expenditures will be 

 found detailed under the several departments to which the 

 gifts especially relate, and in the financial statements of this 

 account on pages 48 and 49. 



Building and Grounds. — The improvements in the 

 building and grounds mentioned as in progress in last year's 

 report, under appropriations of 1902 and 1903, have progressed. 

 These include the new foyer, the construction of two assembly 

 rooms for classes and for the meetings of the various scientific 

 societies affiliated with the Museum, new toilets, and the new 

 power house. The basement of the main building has been 

 lowered and work is now in progress on an intermediate 

 building between the Lecture Hall and the Power Station. 

 New exhibition cases have been constructed in various parts of 

 the building, and several new exhibition halls have been 

 thrown open to the public, as noted later in the reports on 

 the departments to which they relate. 



Membership. — The gain in annual members has been 278, 

 resulting in a net gain of 191, the loss through deaths and 

 resignations having been 87. It is a pleasure to record that 



