Votume VI. No. 15.
NEW HAVEN, CONN.,
2
Price Ten CENTS.
CORPORATION MEETING.
Routine Matters Discussed—The
Treasurer’s Report.
The annual Fall meeting of the Cor-
poration of the University, postponed
from last November, was held on Fri-
day, January 15th in the Treasury
building. Nothing but the regular
routine business was brought up at
the meeting, although there was a
general discussion on the question of
the increased taxation. The annual
report of the treasurer, Wm. W. Far-
nam, was submitted and accepted. It
is probable that the Corporation will
hold another meeting in a few weeks,
as no definite action was taken in re-
gard to the taxation of the University.
The report of Treasurer Farnam of
the University, which was submitted
to the Legislature, shows an increase
of $155,546.18 in the permanent fund's
of the University for the year ending
July 31, 1896, as against $235,846.66 for
the year 1894-95. The following table
shows the increase of funds for this
year and last:
1894-95. 1895-96.
Additions to Universi-
ty Funds, $87,662 50 $5,0.5 00
Additions to Academ- .
ical Funds, 71,869 24 9,626 01
Additions to Theolog-
ical Funds, 47,072 92 8,055 26
Additions to Scientific
School Funds, 29,250 0) 125,000 CO
Total, $235,854 66 $157,886 30
Deduct from 1895-96 Observatory
Special Fund for amount ex-
pended on apparatus, $11 58
Deduct from 1895-96 University
iAlumni Fund available for in-
come and expended, 2,328 27
Total deduction from 1895-96, $2,340 12
The total increase in permanent
funds for 1894-95, ‘$285,854 66
For 1895-96, $155,546 18
In the gifts, to be used as income,
the amount of the Alumni University
Fund available for income is $9,677.62
this year as against $7,184.50 for 1894-
95. The General University Income
is reported as $11,517.39, as compared
with $10,000 in last year’s report. Other
gifts for income are for the Infirmary,
Library and the Academical, Theolog-
ical, Medical, Scientific and Musical
Departments, . bringing the total
amount of such gifts for 1895-96 up to
$54,765.94. The sum of $59,000 was
donated during the past year to the
Building Funds, besides $3,972.00 for
the completion of the Woolsey statue.
The report gives the funds of the
University as follows:
University Funds, $1,301,698 93
Academical Funds, 1,572,168 4)
Theological Funds, 613,097 89
Scientific School Funds, 377,188 95
Medical Department Funds, 38, £89 41
Law Department Funds, 84,223 62
Art School Funds, 115,828 76
Musical Department Income, 5,932 67
A list of the new funds established
is as follows:
IN THE UNIVERSITY DEPARTMENT.
University Memorial Fund, $200 00
Rochfort Fund, 1,000 00
IN THE UNIVERSITY LIBRARY.
New York Alumni Assoe’n, $1,600 00
Junior Promenade Com. ’97, 1,500 00
A Friend, 200 00
IN THE ACADEMICAL DEPARTMENT
Boocock Fund, $4,000 00
Larned Scholarship Fund, 2,000 00
President’s Fund, 1,000 00
IN THEOLOGICAL DEPARTMENT.
Susan G. Clarke Scholarship
cre $5,020 00
Downes Prize Fund, 3,000 00 _
=" $19,500 00
The account of the Peabody Museum
shows the amount of the fund on
June 1, 1895, $36,003.16, which with in-
terest aded for publication makes $36, -
119.53. $35,942.39 was in investments,
A comparison of the various funds
of the University in 1886, when the
ARCHITECT: |
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present administration began, with
the same funds as given in the above
report shows that the University
funds have grown in the eleven years
$494,869 to $1,301,698; the Academical
funds from $987,434 to $1,572,168; Theo-
logical School funds from $413,589 to
$643,097; Sheffield Scientific School
funds from $160,827 to $377,188; Law
School funds from $11,600 to $84,223;
Art School funds from $98,166 to $115,-
828; Medical School funds from $27,652
to $38,889. During the eleven years
if the Sloane bequest not yet received
is included, the total of the foregoing
funds has about doubled. In 1886 the
Academical receipts for tuition were
$99,535, last year $274,720; the corres-—
ponding figures in the Scientific de-
partment being $26,285 and $90,299.
The Promenade.
The details of the Promenade week
events have already been printed in
the WEEKLY, and a long list of the
guests is inserted to-day. It remains to
give a critical review of the main fea-
tures, and this will be possible in the
pext issue.
THE BARNARD CELEBRATION.
A Deserved ‘Tribute to a Strong
Supporter of Education.
Sunday, January 24th, will be the
eighty-sixth birthday of Henry Bar-
nard, ’30, who has well been called the
“Nestor” of American education, and
it is proposed to celebrate the occa-
sion by an educational meeting in
Hartford on the following day, Mon-
day, January 25th. The celebration
