Report of the Treasurer 115 



The present invested value of the splendid bequests of Mr. 

 and Mrs. Jesup is §6,672,323.07 . The income on this fund 

 amounted to $275,571.67, which was increased 

 Morris K. by sale of publications and exchanges to $280,- 

 Account" 934-°4- Under the terms of the bequest this 

 revenue can be applied to the scientific adminis- 

 tration, i. e., to exploration, the enrichment of the collections, 

 researches and the publication of the results of these investi- 

 gations. The details of the disbursements of this fund as 

 given on page 127 show that every scientific department 

 has shared in this fund and that this means the general de- 

 velopment of the entire Museum. 



It frequently happens that a patron or group of patrons of 

 the institution desire to encourage and support some particu- 

 lar research or exploration and wish their con- 

 Special tribution applied solely to such purpose. In such 

 Account instance these moneys are not merged with other 

 funds of the Museum, but are handled as inde- 

 pendent funds in the Special Funds Account. Disbursements 

 are made from such funds only for the purpose specified by 

 the donor. These special funds are very important in foster- 

 ing scientific research because as a rule the particular work 

 promoted could not otherwise be taken up. The net receipts 

 available in this account during 1919 amounted to $26,710.80. 



The minor accounts (pages 134 to 137) are the Crocker 

 Land Expedition Fund Account, the Corporate Stock Ac- 

 count, the Incidental Account and the Museum 



Minor Building Fund Account. The sums involved in 



Accounts 



these transactions are relatively small. 



A full account of the receipts and disbursements of the 

 Pension Fund, of which the Treasurer of the Museum is 

 p . ex-ofUcio Treasurer, is published as a part of 



Fund the Report of the Pension Board, and will be 



found in the Appendix to this Report. 



Respectfully submitted, 



H. P. Davison, 



Treasurer. 



Account 



