in account with H. P. Davison, Treasure* 12 1 



ENDOWMENT AND INVESTMENT ACCOUNT 



Disbursements 



1919 



General Endowment Fund: 



Purchase of Bonds $104,271 30 



Margaret Olivia Sage Fund: 



Transferred to Margaret Olivia Sage Fund, Special 

 Funds Account 2 89 



Physical Anthropology Fund: 



Purchase of Bonds 9,642 25 



Interest on Credit Balances : 



Transferred to Interest on Credit Balances, General 

 Account 180 40 



Cash on Hand December 31, 1919 6,661 07 



$120,757 91 



H. P. DAVISON, Treasurer 

 E. & O. E. 



New York, December 31, 1919 



