The receipts and expenditures for the Farm from Feb. 29th to Nov. 1st, 1860, were as follows. Several items, such as pasture, work of teams, increase of stock, &c., do not appear:

Building board fences, repairing tools, &c.,.

41 11

It is due to the Farm Superintendent to say that a great amount of valuable improvement, in proportion to the laboring force and the means at his disposal, has been accomplished during the year. With such management, and with some additions proposed to be made to the clearings, the farm will soon begin to yield a considerable revenue.

The present condition of the Stock Department will be seen from the subjoined tabular statements.

HORTICULTURE.

The labors of this important and interesting department of the institution have been prosecuted during the past year under the efficient direction of J. C. Holmes, the Superintendent of Horticulture, aided by Prof. Geo. Thurber, the Botanist. Much has been accomplished in starting nurseries, in gathering varieties of useful vegetables and in laying out and planting the botanical garden and ornamental grounds.

The expenditures for this department have been as follows: For seeds, pear, apple and quince stocks, &c.,...$ 54 92 Labor of students, including work in kitchen garden, nursery, orchard, ornamental and botanical grounds, laying out grounds, making roads and walks, saving seeds and planting ornamental trees and shrubbery,. 545 70

Total,...

The receipts were as follows:

For articles sold from garden,..

Value of garden vegetables on hand, and of budded

stocks, plants and seeds,.

Total,

$600 62

.$ 86 14

422 60

.$508 74

There are now belonging to the Horticultural Department of the estate, an apple orchard of 245 trees planted in 1858, and a small peach orchard of natural fruit, planted in 1860. The Horticulturist also reports several varieties of smaller fruits from which he is now propagating, and vines of the Isabella, Catawba, Concord, Diana and Clinton grapes under cultivation, from which he is also propagating, in order to have a stock of grapes for vineyard culture and for sale.

There have been budded this season 300 pear on quince stocks, a few cherry and about fourteen hundred apple stocks. It will henceforth be practicable to raise all our stocks from seed, and thus raise all our own fruit trees.

We have this season experimented with about forty varieties of Potato, the most of them new, in order to test their qualities.

as to health, time of ripening, productiveness, table qualities, &c., and noted the results.

There have also been under cultivation, several varieties of corn, beans, squashes, and other garden products, with a view to test their value for table use.

It is proposed to establish at the College a kitchen garden, nursery orchards, and ornamental and Botanical grounds, where will be grown fruit and ornamental trees, plants, and other vegetables, of the best kinds, and of which the nomenclature will be correct, so that persons wishing to purchase trees, shrubs, seeds, vines or scions, can be furnished from the College grounds with such as they may desire, and students may have an opportunity to study and practice the science and art of Horticulture in all its branches.

During the past year Doct. Asa Gray donated to the Horticultural department of the College, from the Botanical Gardens at Cambridge, Mass., a large box containing shrubs and perennial herbaceous plants.

Isaac Buchanan, Esq., seedsman and florist, of West 17th street, New York, also donated a large and valuable collection of green-house and hardy plants, bulbs, shrubs, &c., also a collection of choice flower seeds.

Messrs. Thomas Hogg & Sons, of Yorkville, N. Y., a collection of shrubs and trees, including Magnolias, Paulonia, Weigelias, Salisburia, &c.

There were also collected from the forest a large number of evergreen and deciduous trees, shrubs and climbers, all of which were planted upon the College grounds and are now in good condition. The tender plants have been taken up and placed in their winter quarters.

FINANCIAL STATEMENT.

The reported indebtedness of the College on the 1st day of January, 1859, was $13,472 73.

The receipts from January 1st, to November 30th, 1859, were as follows, viz: