REPORTS OF THE TREASURER. 
Report of the Treasurer, December 28, 1904. 
General Fund. 
Receipts. 
Balance on hand, December 24, 1903. $121 52 
Received from dues. 139 00 
Received from Transactions sold. 7 20 
Received from interest on permanent fund. 90 00 
Total receipts. $357 72 
Disbursements. 
Vouchers 
Nos. 
1, 2. Postage . $13 30 
3, 7, 8, 9, 10. Printing and paper . 18 42 
4. Drafting . 1 80 
5. Mailing Transactions. 14 60 
11. Secretary’s fund . 75 00 
6. Bonds for permanent fund. 202 00 
Cash on hand. 32 60 
Total disbursements . $357 72 
Permanent Fund. 
Permanent fund, December 24, 1903. $1,614 40 
Investment in Madison street improvement bonds. 202 00 
Total investment in permanent fund. $1,816 40 
There are unpaid bills to the amount of some $50.00, but the 
cash on hand with dues collected at the present meeting will be 
enough to meet the obligations. The expenditures of the Acad¬ 
emy are now so much less than the receipts, including the in¬ 
terest on the permanent fund, that it should be possible to in¬ 
vest in the permanent fund at least $100.00 each year. Your 
treasurer here suggests that he be authorized to rent a safety 
deposit box in one of the Madison banks for the keeping of the 
