as the floor beams of the third story but when he came to strip them the discovery was made that an ancient fire had charred the ends so that they were in danger of falling. A further appropriation was therefore necessary and on November 13, 1923, the Board of Aldermen voted an additional $9,000 for extra work. The shifting of the old machinery and the installation of a new set of tanks on the site of the old machinery room will cost an additional $40,000 which will be paid for by the Society. Mr. Henry D. Whiton has contributed $10,000 towards these tanks which will be the largest and finest in the world and which will add 20 per cent to the exhibition space at the Aquarium. When the present contract is completed the new structure will be little more than a shell, however, without water or wire connections and without finishing of any sort. It will therefore be necessary to obtain a further appropriation of $25,000 from the City in order to complete this work. With the repairs to the roof by the City and the excavation and waterproofing of basement and the installation therein of electrically run machinery by the Society at a cost of $69,788.05, the addition of the third story will put the Aquarium in good working condition. For the size of the tanks, the number, variety and beauty of the exhibits, the New York Aquarium outranks any other in the world. MAINTENANCE Park: The sum of $264,515 was provided by the City for the maintenance of the Park for the year 1923. This proved insufficient for our needs and a net deficit of $9,470.68 had to be paid by the Society. For 1924 the City has provided $264,514.49. Estimated expenditures in the amount of $274,864.49 have been authorized which will leave a deficit of $10,350.00 to be supplied by the Society in 1924. Aquarium: The City provided $59,226 for the maintenance of the Aquarium for the year 1923, which appropriation proved insufficient and a deficit of $350 was paid by the Society. For 1924 the City has provided $58,309. FINANCES On December 31, 1923, the balances to the credit of the several Funds of the Society were as follows: Endowment Funds General Endowment Account (uninvested principal) Sage Endowment Account (uninvested principal) Rockefeller Endowment Account (uninvested principal) George F. Baker Endowment Account (uninvested principal) $13,434.50 7,321.06 662.50 87.75 Special Endowment Funds Cadwalader Animal Endowment Account (income) 3,296.58 708.54 These Accounts are always overdrawn as the charges against them are paid by the Society and then collected from the City. Nominating Committee for Officers and Committees LEWIS RUTHERFURD MORRIS, Chairman. GEORGE C. CLARK, JR., GEORGE BIRD GRINNELL. Nominating Committee for Board of Managers Officers of the Zoological Park WILLIAM T. HORNADAY, Director and General Curator. RAYMOND L. DITMARS, Curator of Reptiles. WILLIAM BEEBE, Honorary Curator of Birds. HERMANN W. MERKEL, Chief Forester and Constructor. WILLIAM MITCHELL, Cashier. ELWIN R. SANBORN, Photographer and Editor. Officers of the Aquarium CHARLES H. TOWNSEND, Director. Officers of the Tropical Research Station WILLIAM BEEBE, Director. ALFRED EMERSON, Assistant Director. JOHN TEE-VAN, Research Associate and Cinematographer. ISABEL COOPER, Scientific Artist. |