12 Report of the President. 



tific or educational results have been directly contributed to 

 the Museum. 



City Maintenance Account. — The amount received from the 

 City for the maintenance of the Museum, $160,000, was the 

 same as in 1902, 1903 and 1904. Generous as the sum is, it 

 has again proved insufficient to meet the running expenses, and 

 there is a deficit of $19,506.41, or more than double the deficit 

 of a year ago. The steady and normal growth of the Museum 

 makes urgent a larger sum for general running expenses. 



General Account. — In this account the total receipts from 

 all sources have been $76,897.90. The interest on the Per- 

 manent Endowment Fund amounted to $47,200 (an increase 

 of $12,055 over that of 1904); $3,100 have been received as 

 Life Membership fees, and $14,775 from Annual Members. 

 The total sum from membership fees exceeds that for 1904 

 by $1,495, tne largest amount from this source thus far re- 

 corded, and is to be interpreted as an indication of the grow- 

 ing interest that the people of the City are taking in the work 

 of the Museum. It is hoped and expected that this form of 

 income may be increased. 



Building Operations. — The west transit, or the approach 

 to the Power House, has been completed and was taken pos- 

 session of by the Museum under its contract with the City. 

 An appropriation of $500,000 has been made by the Board of 

 Estimate and Apportionment for "finishing and equipping the 

 building and for the construction of additions thereto." 



Membership. — The total membership on January 1, 1906, 

 was 1,963. 



New Members. 



The following persons were elected Patrons: 



Mrs. Guy Ellis Baker, Adrian Iselin, Jr., 



Seth Low. 



