Report of the Treasurer for the Year Ended: December 31, 1914Source: Annual Report of the Trustees of the Metropolitan Museum of Art, No. 45 (1914), pp.93-103Published by: The Metropolitan Museum of ArtStable URL: http://www.jstor.org/stable/40303323 .

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REPORT OF THE TREASURER FOR THE YEAR ENDED DECEMBER 3 1, I914

Balances, Dec. 31 Income Principal

INCOME

ADMINISTRATION RECEIPTS

Balance, January 1, 1914 $488.71 City of New York 200,000.00 Admission Fees* $13,050.75 Annual Members 23,250.00 Sustaining Members 7,525.00 Fellowship Members 7,600.00 Sales of Handbooks, etc 17,771.04 Special Endowment Fund Income... 10,760.38 General Endowment Fund Income.. 18,416.73 Contribution, Mr. and Mrs. Nelson

Robinson 500.00 Contributions from Trustees 23,600.00 Frederick C. Hewitt Fund Income . . 26,000.00 John Stewart Kennedy Fund Income 48,000.00 Francis L. Leland Fund Income.... 51,000.00 Joseph Pulitzer Fund Income 13,000.00 Charles Stewart Smith Fund Income 700.00* 261,182.90

461,671.61 PAYMENTS: FOR

Salaries and Wages 272,373.75 Fuel, Stationery, Printing, Postage,

General Supplies, Installation of Collections, General Repairs, etc 187,155.80

Expenses of the Library 2,025.84 461,555.39 $116.22

FUND FOR PURCHASE OF OB- JECTS OF ART

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 1,767.80 Interest on Balance 47.21 1,815.01

PAYMENTS: FOR Four Mycenaean Gems 400.00 1,415.01

RESTRICTED FUNDS (Restricted by terms of bequest or gift) BENJAMIN ALTMAN FUND

RECEIPTS Interest from Fund while on Deposit 604.34 Income from Fund 155.10 759.44

PAYMENTS: FOR Salaries of Keeper and Asst. Keeper

from June 1 and cleaning and Repairs to Paintings 2,549.12

Overdraft carried forward to Jan. 1, 1915 1,789.68 759.44

S. P. AVERY MEMORIAL FUND RECEIPTS

Balance in U. S. Trust Co., Jan. 1, 1914 2.27

Income from Fund 1,207.60 1,209.87

PAYMENTS: NONE I>aO9>87 Forward $2,741 10

93

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THE METROPOLITAN MUSEUM OF ART

TREASURER'S REPORT FOR THE YEAR ENDED DECEMBER ~^~] 7~n 31, 1914- Continued Balances, Uec. 31

Income Principal Forward $2,741-10

INCOME- continued RESTRICTED FUNDS- continued

CHARLES B. CURTIS FUND RECEIPTS

Balance in U. S. Trust Co., Jan. 1, 1914 $489.41

Income from Fund 416.08 $905.49

PAYMENTS: NONE . 905.49

WILLIAM E. DODGE FUND RECEIPTS

Balance in U. S. Trust Co., Jan. 1, 1914 • 440.23

Income from Fund 1,271.86 1,712.09

PAYMENTS: FOR Reproductions, and Photographs for

the Library 827.77 884.32 WILLIAM C. EGLESTON FUND

RECEIPTS Balance in U. S. Trust Co., Jan. 1, |

1914 ••• 258.94 Income from Fund 1,130.43 1,389.37

PAYMENTS: NONE

ARTHUR HOPPOCK HEARN FUND *'3 9 37

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

I914 ; 7,530.35 Income from Fund 4,182.13 11,712.48

PAYMENTS: FOR Paintings 5,55o.oo 6,162.48 GEORGE A. HEARN FUND No. 1

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 1,233.39 Income from Fund 8,683.24 9,916.63

PAYMENTS: FOR Paintings 6,350.00 3.566.63

GEORGE A. HEARN FUND No. 2

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 4,104.01 Income from Fund 1,126.99 5.231.00

PAYMENTS: FOR Transferred to Geo. A. Hearn Fund

No, 1 4,658.41 572S9

GEORGE A. HEARN FUND No. 3

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 .... 8,925.43 Income from Fund i,347«O5 10,272.48

PAYMENTS: NONE 10,272.48

• Forward $26,49446 94

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REPORT OF THE TREASURER

TREASURER'S REPORT FOR THE YEAR ENDED DECEMBER R Balances, |nnr__ Dp_ uec. 31 ..

31, 19 14- Continued R Balances, |nnr__ Dp_ uec. 31 ..

Income Principal

Forward $26,49446 I N COME- continued

RESTRICTED FUNDS- continued

JOHN TAYLOR JOHNSTON MEMORIAL FUND

RECEIPTS

Balance in U. S. Trust Co., Jan. 1, 1914 $4,751.28

Income from Fund 508.57 $5,259.85 PAYMENTS: NONE 5,25985

AMELIA B. LAZARUS ART FUND

RECEIPTS

Balance in U. S. Trust Co., Jan. 1, 1914 1,395-5^

Income from Fund 1,079.76 2,475.28 PAYMENTS: FOR

Bronze Group 600.00 1,875.28

JACOB H. LAZARUS SCHOLARSHIP FUND

RECEIPTS

Balance in U. S. Trust Co., Jan. 1, 1914 784.82

Income from Fund 1,266,31 2,051.13 PAYMENTS: FOR

Lazarus Traveling Scholarship 1,000.00 1,051.13

LIBRARY FUND

RECEIPTS

Balance in U, S. Trust Co., Jan. 1, 1914 •••••••, 1.483.94

Income from Fund 353.26 1,837.20 PAYMENTS: NONE

1 • 1,837.20 HENRY G. MARQUAND FUND

RECEIPTS

Balance in U. S. Trust Co., Jan. 1, 1914 ••••••• 836.67

Income from Fund 2,423.20 3,259.87 PAYMENTS: NONE

JOSEPH PULITZER BEQUEST ' 3.259-87

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1014 .... Income from Fund 14,752.39 14,752.39

PAYMENTS: FOR Chinese Stone Statue 14,000.00 752.39

Forward $40.530-18 95 «-„^„«^

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THE METROPOLITAN MUSEUM OF ART

TREASURER'S REPORT FOR THE YEAR ENDED DECEMBER -

^~j

Dec. 7^ 1

31, 1914- Continued Balances, ^~j Dec. 7^ 31

Income Principal INCOME- continued Forward $4O,53O,8

""""

RESTRICTED FUNDS- continued JACOB S. ROGERS FUND

RECEIPTS Balance at U, S. Trust Co., Jan. 1,

1914 $12,276.84 Balance at Morgan, Grenfell & Co.,

Jan. 1, 1914 i,SS2.6s Balance at Morgan, Harjes & Co.,

Jan. 1, 1914 3.696.81 $17,526.30 From Securities held by U.S. Trust Co. 202,024.79 From Securities held by the Executors

of the Estate of Jacob S. Rogers for the payment of an- nuities 12,283.00

Interest on Balances at Morgan, Grenfell & Co., and Morgan, Harjes & Co 80.30 214,388.09

PAYMENTS: FOR 231,914.39 Purchase of Objects of Art 192,917.51 Purchase of Books for the Library.. 9>998.49 202,916.00 28,998.39

Balance at U. S. Trust Co 23,668.67 Balance at Morgan, Grenfell & Co.. 1,59905 Balance at Morgan, Harjes & Co... 3,730.67 28,998.39 LEVI HALE WILLARD FUND

"

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 20.49 Interest on Balance .57 21.06

PAYMENTS: NONE 21.06 CATHARINE LORILLARD WOLFE FUND

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 ••••••; • 2,626.47 Income from Fund 9,304.03 11,930.50

PAYMENTS: FOR Repairs to Paintings in the Wolfe

Collection 300.00 11,630.50

TEMPORARILY RESTRICTED FUNDS (Restricted by Resolution subject to further action by the Trustees) JAMES B. HAMMOND BEQUEST

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 129.52 Income from Fund 499-47 628.99

PAYMENTS: FOR Taxes, Repairs and Expenses on Ham-

mond Property 1,911.24 Overdraft 1,282.25 628.99

FREDERICK CHARLES HEWITT FUND RECEIPTS

Balance in U. S. Trust Co., Jan. 1, 1914 3,885.49

Income from Fund 51,156.19 55,041.68

PAYMENTS: FOR Purchase of Objects of Art 7,867.80 Transferred to Administration Account 26,000.00 33,867.80 2I ,73 gg

Forward $102,354.011 96

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REPORT OF THE TREASURER

TREASURER'S REPORT FOR THE YEAR ENDED DECEMBER -£"1

f:

31, 1914- Continued Balances, Dec. 31

Income Principal INCOME- Continued Forward Tio2,3S4.oi

TEMPORARILY RESTRICTED FUNDS- continued JOHN STEWART KENNEDY FUND

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 •••••••• $6,93S.6s Income from Fund 97,031.85 $103,967.50

PAYMENTS: FOR Purchase of Objects of Art 55,018.06 Transferred to Administration Account 48,000.00 103,018.06 FRANCIS L. LELAND FUND

949 44

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 16,350.60 Income from Fund 48,208.91 64,559.51

PAYMENTS: FOR On account of work done for the

Egyptian Catalogue 392.24 Transferred to Administration Account 51,000.00 51,392.24 13,167.27

UNRESTRICTED FUNDS (Not specially appropriated by Resolution) JOSEPH PULITZER FUND

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 1,616.17 Income from Fund 11,929.76 13,545.93

PAYMENTS: FOR "

Tranf erred to Administration Account 13,000.00 545.93 CHARLES STEWART SMITH MEMORIAL FUND

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 49.08 Income from Fund 675.25 724.33

PAYMENTS: FOR Transferred to Administration Account 700.00 24 33

PRINCIPAL RESTRICTED FUNDS

(Restricted by terms of bequest or gift) SPECIAL ENDOWMENT FUND Principal $242,224.75 Invested in Rail-

road Bonds and Stocks, Miscel- laneous Bonds and Stocks, and Cash on Deposit.

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 3,979«97 DONORS

William F. Coles $20,978.75 Alexander I. Cotheal. In

memory of, by Mrs. Samuel Lawrence and Mrs. James Swords. 1,000.00

Benjamin P. Davis 49,998.50 Elizabeth R. Henderson. 2,000.00 Robert Hoe 5,000.00 Margarette A. Jones.... 23,750.00 Gideon F. T. Reed 50,000.00 Mary E. Rogers 1,000.00 Rutherfurd Stuyvesant. . . 20,000.00

Carried forward $173,727.25 3,979-97

Forward $117,040-98 97

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THE METROPOLITAN MUSEUM OF ART

TREASURER'S REPORT FOR THE YEAR ENDED DECEMBER "^T,

^ Dec. 1

ai, 1914- Continued "^T, Balances, ̂ Dec. 3 1

PRINCIPAL- continued J?com^ PrinciP«1 RESTRICTED FUNDS- continued Forward $117,040.98

Brought Forward $3,979.97 SPECIAL) ENDOWMENT FUND- continued Brought Forward $i73, 727^5 I

FELLOWS IN PERPETUITY Mrs. Christopher Bell... 5,000.00 George Blumenthal 5,000.00 George S. Bowdoin. ..... 5,000.00 Henry Clay Frick 5,000.00 William D. Sloane 4,000.00 Mrs. J. B. Trevor 5,000.00 I

FELLOWS FOR LIFE j Gustav Amsinck 1,000.00 j Cora F. Barnes 1,000.00 j H. N. Benedict 1,000.00 Catherine A. Bliss 1,000.00 M. C. D. Borden 1,000,00 Matilda W. Bruce 1,000.00 ' j C A. Coffin 1,000.00 ' George W. Çollard 1,000.00 j Charles Deering 1,000.00 Mrs. Marcellus H. Dodge 1,000.00 j Amos F. Eno 1,000.00 ! Daniel G. Griffith 600.00 | Murry Guggenheim 1,000.00 J S. R. Guggenheim 1,000.00 William Guggenheim 1,000.00 Augustus C. Gurnee 1,000.00 J. Horace Harding 1,000.00 1 Harry B. Hollins 1,000.00 j Brayton Ives 1,000.00 j Annie C. Kane 1,000,00 j Philip M. Lydig 1,000.00 j V. Everit Macy 1,000.00 j Tohn G. McCullough . . . . 1,000.00 1 Emerson McMillin 1,000.00 J Edward C. Moore, Jr.... 1,000.00 I Mary P. Moore 1,000.00 j Henry Phipps 1,000.00 j Joseph Pulitzer 1,000.00 | J. Sanford Saltus 1,000.00 j William R. Sands 1,000.00 Grant B. Schley 1,000.00 Hiram W. Sibley 1,000.00 Francis Lynde Stetson... 1,000.00 F. K. Sturgis 1,000.00 H. M. Tilford 1,000.00 Grenville L. Winthrop... 1,000.00

Balance of Fund, Jan. 1, 1914 $238,327.25 Receipts during1 year 19 14 - Samuel W. Bridgham 1,000.00 Gordon Knox Bell 1,000.00 2,000.00

PAYMENTS: FOR 240,327.25 5,979-97 $5,000.00 Bonds Purchased 4,443.75 BENJAMIN ALTMAN FUND $1,53622 Principal $150,000.00 (Legacy under

the Will of Benjamin Altman, deceased, Principal to be held as a Perpetual Fund, its In- come for the purpose of pro- viding? Salaries for the Keeper and Asst. Keeper of the Alt- man Collection, also for its maintenance and preservation).

RECEIPTS Cash from Executors of the Estate.. 150,000.00

PAYMENTS: FOR Investments in Bonds and Mortgages

on New York City property.. 150,000.00

Forward $117^040.98 $1,536.21 98

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REPORT OF THE TREASURER

TREASURER'S REPORT FOR THE YEAR ENDED DECEMBER ~~^~, ~

31, 1914- Continued Balances, Dec. ~ 31

Income Principal

Forward $117,040.98 $1,536.22 PRINCIPAL- continued j

RESTRICTED FUNDS- continued ! S. P. AVERY MEMORIAL FUND Principal $25,000.00 Invested in Rail-

road Bonds, Loan Society Cer- tificates and Cash on Deposit.

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 •* $295.00

PAYMENTS: NONE ! JOHN L. CADWALADER FUND

j 295.00 Principal $25,000.00 (Legacy under I

Will of John L. Cadwalader, | deceased, Principal and In- | come by terms of Will avail- able only for purchase of Eng- lish Furniture and English and j European Porcelain.) j

RECEIPTS I Cash from Executors Deposited in I

U. S. Trust Co 25,000.00 Interest on Deposit 326.39 $25,326.39 PAYMENTS: NONE

CHARLES B. CURTIS FUND " - 25,326.39 Principal $10,000.00 Invested in Rail-

road Bonds. WILLIAM E. DODGE FUND ! Principal $25,000.00 Invested in Rail-

road Bonds. WILLIAM C. EGLESTON FUND Principal $25,000.00 Invested in Rail-

road Bonds and Cash on De- posit.

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 80.00

PAYMENTS: NONE ARTHUR HOPPOCK HEARN FUND

" 8OO°

Principal $100,000.00 Invested in Railroad Bonds and Cash on Deposit.

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 20.00

PAYMENTS: NONE 20.00

GEORGE A. HEARN FUND No. 1 Principal $100,038.75 Invested in

Railroad Bonds. GEORGE A. HEARN FUND No. 2 Principal $25,950.00 Invested in Rail-

road Bonds. GEORGE A. HEARN FUND No. 3 Principal $25,000.00 Invested in Rail-

road Bonds.

Forward $117.040-98 $27,257.61 99

"

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THE METROPOLITAN MUSEUM OF ART

TREASURER'S REPORT FOR THE YEAR ENDED DECEMBER ~^T\ Balances, n Dec. 1

31, 19x4- Continued Balances, n Dec. 31 Income Principal

Forward $117.040.98 $27,257.61 PRINCIPAL- confined

RESTRICTED FUNDS- continued

JOHN TAYLOR JOHNSTON MEMORIAL FUND Principal $6,312.50 Invested in Loan

Society Certificates and Cash on Deposit.

RECEIPTS Balance in U. S. Trust Co., Jan. i,

1914 ..^ $312.50

PAYMENTS: NONE - 312.50

H. C. KRETSCHMAR FUND Principal $15,898.40 (Principal and

Income by terms of Will avail- able only for purchase of a Painting) Cash on Deposit.

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 $15,453-37 Interest on Balance 445-03 15,898.40

PAYMENTS: NONE AMELIA B. LAZARUS ART FUND 'S'

Principal $20,000.00 Invested in Rail- road Bonds and Cash on De- posit.

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 87.50

PAYMENTS: NONE 87.50

JACOB H. LAZARUS SCHOLARSHIP FUND Principal $24,308.75 Invested in Rail-

road Bonds. LIBRARY FUND Principal $8,000.00 Invested in Rail-

road Bonds. HENRY G. MARQUAND FUND Principal $31,503.75 Invested in Rail-

road Bonds.

JOSEPH PULITZER BEQUEST Principal $502,959.32 Invested in

Railroad Stocks, and Bonds, and Cash on Deposit.

RECEIPTS Balance in U. S. Trust Co., Jan. 1,

1914 76.00 Proceeds from the sale of Railroad

Stocks 132,883.32 132,959.32

PAYMENTS: FOR Purchase of Railroad Bonds 132,562.50 396.82

Forward $117,040.98 #43 »952-83 IOO

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REPORT OF THE TREASURER

TREASURER'S REPORT FOR THE YEAR ENDED DECEMBER-^-; ~

31, 1914- Continued Balances, Dec. 31.

PRINCIPAL - continued Income Principal RESTRICTED FUNDS- continued - r

JACOB S. ROGERS FUND Forward $117,040.98 »43.95*83 Principal $4,824,903.49 (of which

$401,960.00 are still retained by the Executors) Invested in Stocks and Bonds, Bonds and Mortgages on New York City Property and Cash on Deposit.

RECEIPTS Balance in U. S. Trust Co., Jan. 1, 1914 $i5,159«74 Proceeds from sales of Railroad

Stocks and Bonds, Redemption of Bonds and on account of principal of Mortgages 347*496.05 $362,655.79

PAYMENTS: FOR Purchase of Railroad and Miscella-

neous Bonds and Subscription to Railroad Stocks 300,873.75 CHARLES STEWART SMITH MEMORIAL FUND

*'7 *°4 Principal $15,117.50 Invested in Rail-

road Bonds. CAROLINE PHELPS STOKES FUND (Principal and Income by terms of

Will available only for pur- chase of Casts.) Principal $974-36 Cash on Deposit.

RECEIPTS Balance in U. S. Trust Co., Jan. 1, 19 14 947. t 9 Interest on Balance 27.17 974.36

PAYMENTS: NONE 974 36 ROBB DE PEYSTER TYTUS MEMORIAL FUND Gift by Mrs. Edward J. Tytus in

Memory of her son, Robb de Peyster Tytus, of £3,000 a year for five years, Principal and Income to defray the cost of copying and publishing a series of volumes of the Wall Paintings in the Tombs of Theban Officials at Gurneh. Principal $15,000.00.

RECEIPTS First year payment received and de-

posited in U. S. Trust Co.... 15,000.00 Interest on Balance 186.54 15*186.54

PAYMENTS: FOR Work done on account 2,609.07 i2»577-47 CATHARINE LORILLARD WOLFE FUND

"

Principal $201,757.40 Invested in Bonds and Mortgages on New York City Property, Railroad Bonds, and Cash on Deposit.

RECEIPTS. Balance in U. S. Trust Co., Jan. 1,1914 .32

PAYMENTS: NONE . 3*

TEMPORARILY RESTRICTED FUNDS (Restricted by Resolution subject to further action by the Trustees) JAMES B. HAMMOND BEQUEST Principal (on account) $120,777.16

consisting of Real Estate, Ham- mond Typewriter Co. Stock and Cash on Deposit.

RECEIPTS Balance in U. S. Trust Co., Jan. 1, 1914 9,140.13 On account of Legacy under the Will

of James B. Hammond, Deceased 32,124.53 Unexpired Insurance 12.50 41,277.16 41,277.16 " PAYMENTS:

NONE 12.50 1- -JLLL 41,277.16 - - ; \

41,277.16 " Forward S117.040.98 $160,564.18

IOI ====================

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THE METROPOLITAN MUSEUM OF ART

TREASURER'S REPORT FOR THE YEAR ENDED DECEMBER ~^~1

Dec. f^

31, 1914- Continued ~^~1 Balances, Dec. f^

31

Income Principal Forward $117,040.98 $160,564.18

PRINCIPAL- continued TEMPORARILY RESTRICTED FUNDS- continued

FREDERICK CHARLES HEWITT FUND

Principal $1,298,212.25 Invested in Railroad Bonds, and Stocks, and Cash on Deposit.

RECEIPTS I Balance in U. S. Trust Co., Jan. 1,

1914 $96,667.92 Proceeds from the sales of Securities 6,000.00 $102,667.92

PAYMENTS: FOR Purchase of Securities 75,000.00 Purchase of Objects of Art 25,996.92 100,996.92 j 1,671.00

JOHN STEWART KENNEDY FUND

Principal $2,063,800.35 Invested in ! ! ■ Railroad and Miscellaneous I Bonds, Stocks, and Cash on De- 1 posit. I

RECEIPTS. Balance in U. S. Trust Co., Jan. 1,

1914 18,019.47 Proceeds from sales of Securities... 50,819.50 68,838.97

PAYMENTS: FOR

Purchase of Securities 25,200.00 Purchase of Objects of Art 40,011.50 65,211.50 3,627.47

FRANCIS L. LELAND FUND | Principal $1,080,000.00 Invested in ! j New York County National j Bank Stock. |

UNRESTRICTED FUNDS j ( Not specially appropriated by Resolution) j j JOSEPH PULITZER FUND

Principal $325,000.00 Invested in Railroad Bonds, and Cash on j Deposit. j

RECEIPTS I Balance in U. S. Trust Co., Jan. 1,

1914 75,325-56 Received from Trustees under the

Will of Joseph Pulitzer, de- ceased ..*. 50,000.00 125,325.56

PAYMENTS: FOR j j Purchase of Securities 75,000.001 j 50,325.56 GENERAL ENDOWMENT FUND 1 j Principal $403,205.01 Invested in I

Railroad Bonds and Stocks, j | Bonds and Mortgages on New j j York City Property, and Cash ; ; on Deposit. i

RECEIPTS Balance in U. S. Trust Co., Jan. 1, 1914 16,894.25

Forward $117^040^98 $216^188.21 IO2

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REPORT OF THE TREASURER TREASURER'S REPORT FOR THE YEAR ENDED DECEMBER ~^-, ^ 31, 1914 - Continued Balances, Dec. 31

Income Principal PRINCIPAL- continued UNRESTRICTED FUNDS- continued Forward *"7,o4o.98 $216,188.21

Brought Forward $16,894.25 DONORS

Thomas Achelis $5,000.00 John Jacob Astor 48,000.00 Samuel D. Babcock 5,000.00 Mary E. Brinckerhoff, on account of

Bequest of $10,000.00 9,150.00 James Cruikshank 115.29 Joel Goldenberg 2,000.00 Simon Goldenberg 1 ,000.00 Solomon Loeb 5,000.00 John M. Lohse Bequest 10,000.00 Calvin Brooks McQuestin Bequest.. 100.00 Henry G. Marquand 50,000.00 Mary Maghee 5,000.00 James Henry Mergentime 1,000.00 Darius Ogden Mills Bequest 100,000.00 William R. Sands 10,000.00 Thomas W. Strong 2,000.00 Phoebe Caroline Swords 5,000.00 Charles E. Tilford 21,866.75 Emma A. Tillotson 10,000.00 William H. Vânderbilt 100,000.00 Henry Villard 5,000.00 Balance of Fund Jan. 1. 1914 395,232.04 Legacy of Frederika Gade in full, in

Memory of her brother, Henry Gade 4,956.72 Final Payment, account of the Mary E. Brinckerhoff Bequest 850.00 5,806.72 401,038.76 22,700.97 >? *7 ;

PAYMENTS: FOR 401,038.76 22,700.97 >? *7 I

;

Subscription to Railroad Stock 11,800.00 10,90097!

Total Principal Balances Forward to January 1, 1915 «227,08918 *^Tn«nift

Total Income Balances 1, 1915

Forward to «227,08918 *^Tn«nift

January 1, 1915 $117.040.98 117,040.98

Overdraft in Benjamin Altman In- $344.130.16 come Account 1,789.68

Overdraft in Tames B, Hammond In- come Account 1,282.25

SUSPENSE ACCOUNT 3,071.93 Egyptian Excavation 1914-1915 7,870.83 Carried Forward to Jan. 1, 1915... $10,942.76 10,942.76

Deposited at the United States Trust Company $324,378.41 ' 4

| Deposited at Morgan, Grenfell & Company i>599-os j Deposited at Morgan, Harjes & Company 3,730.67 Deposited at the Fifth Avenue Bank 2,729.27 Petty Cash Fund 750.00 $333,187.40!

December 31, 1914 E. & O. E. Howard Mansfield, Treasurer.

Examined and found correct - A. D. Crane, Auditor.

103

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