REPORT OF THE TREASURER. THE Treasurer of the American Antiquarian Society herewith submits his semi-annual report of receipts and disbursements, for the six months ending October 1, 1886. The Finance Committee has directed the Treasurer to transfer to each fund, from the income of the investments, two and one-half per cent. on the amount of each fund as it stood April 1, 1886. After doing this there remains to the credit of income $443.37. A detailed statement of the investments of the funds of the Society, showing the par and market value of the various stocks and bonds is given as a part of this report. The total of the investments and cash on hand October 1, 1886, was $102,472.36, divided among the several funds as follows: The income of the Tenney Fund for the past six months. has been transferred to the Librarian's and General Fund. In his last report the Treasurer called the attention of the Society to the Salisbury Building Fund, and the fact that it was nearly exhausted. He now has the pleasure of informing the Society that Vice-President Salisbury has within the past few days given his check for five thousand dollars to be placed to the credit of this fund which was founded by his honored father. This generous gift of Mr. Salisbury will provide for the care and maintenance of the building for a long time to come. The cash on hand, included in the following statement is $15,753.78. The Finance Committee have made arrangements for the safe investment of $10,000 of this amount with a mortgage of real estate as security. The detailed statement of the receipts and disbursements for the six months ending Oct. 1, 1886, is as follows: DR. Balance of cash as per last report.........$12,290.96 195.00 Contribution to Salisbury Building Fund.. 5,000.00 5,000.00 Expense of publishing semi-annual "Proceedings,”. 246.16 The following statement shows the investment of the various funds, giving the par and market value of the stocks and bonds October 1, 1886, also the amount of cash on hand. No. of Shares. STATEMENT OF THE INVESTMENTS. 6 Central National Bank, Worcester 22 City National Bank, Worcester.... 10 Citizens' National Bank, Worcester. 4 Boston National Bank, Boston.... The undersigned, Auditors of the American Antiquarian Society, hereby certify that we have examined the report of the Treasurer, made up to October 1, 1886, and find the same to be correct and properly vouched; that the securities held by him are as stated, and that the balance of cash, stated to be on hand, is accounted for. CHARLES A. CHASE. WORCESTER, October 16, 1886. |