Report of the treasurer 113 



FINANCES, MAINTENANCE, ENDOWMENT 



There have been no important changes in the methods of 

 conducting or recording the finances of the Museum during 

 1919. The present system, devised by the Bursar, Mr. 

 Frederick HL Smyth, is working satisfactorily and makes it 

 possible to present a financial report which is easily com- 

 prehended. All of the Treasurer's books are kept at the 

 Museum, under the immediate direction of Mr. Smyth. The 

 total expenditures for the year amount to $647,382.95. For 

 the most part these disbursements are made in small sums 

 and the mere recording of them involves a large amount of 

 clerical work. 



For the sake of clearness it has been found advisable to 

 treat the financial transactions of the Museum in five major 

 accounts, namely, 



Endowment and Investment Account 

 City Maintenance Account 

 General Account 

 Morris K. Jesup Fund Account 

 Special Funds Account 

 and four minor accounts, namely, 



Crocker Land Expedition Fund Account 



Corporate Stock Account 



Incidental Account 



Museum Building Fund Account. 



The details of the receipts and disbursements of each account 

 will be found under the respective headings in the Treasurer's 

 Report, pages 119 to 137. 



