in account with H. P. Davison, Treasurer 127 



ENDOWMENT AND INVESTMENT ACCOUNT 



Disbursements 

 1920 



General Endowment Fund: 



Purchase of Bonds $165,846 74 



Morris K. Jesup Fund : 



Purchase of Bonds 140,209 97 



The Sage Fund: 



Transferred to Income on The Sage Fund, 



General Account, as accrued interest $57,540 77 



Purchase of Bonds 558,779 13 



616,319 90 



Physical Anthropology Fund : 



Purchase of Bonds 376 59 



Interest on Credit Balances : 



Transferred to Interest on Credit Balances, General 

 Account 2,229 89 



Cash on Hand December 31, 1920 2,202 57 



$927,185 66 



H. P. DAVISON, Treasurer 

 E. & O. E. 



New York, December 31, 1920 



