736 Wisconsin Academy of Sciences, Arts , and Letters. 
Voucher Nos. 
4, 8, 9 Stationery . 5 20 
3, 10', 12, 13 Postage . 15 75 
Total expenditures . $92 10 
Net balance general fund. 149 80 
Balance on hand. $57 70 
Balance in permanent fund.. 1,614 40 
Grand total . $1,672 10 
The permanent fund of the Academy is now invested in 
fifteen Madison City Special Street Improvement bonds of one 
hundred dollars each. These bonds are now at a premium and 
draw about 4.6 per cent, interest on the investment. 
Respectfully submitted, 
H. W. HlLLYER, 
Treasurer . 
The undersigned, auditing committee on the report of the 
Treasurer, have examined said report and vouchers submitted 
therewith and find it correctly vouched and balanced. 
Okas. H. Chandler, 
Wm. S. Miller, 
Auditing Committee. 
REPORT OF THE TREASURER, 1903. 
The Treasurer of the Academy begs, to submit the following 
report: 
There are on the roll of the Academy as paying members one 
hundred eighty-seven persons. In accordance with the by-laws 
of the Academy a list of names of those members more than 
two years in arrears is herewith presented to be read to the 
Academy. The names of such persons may, under the resolu¬ 
tion of December, 1892, be stricken from the roll. 
