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Reduction of the Deficit During the Past Year.

University Salaries and Expenses $61,786.61 $70,545.61

Library Salaries and Expenses (not books) 30,836.72 33,384.82

College Expenses 78,905.74 87,161.69

College Salaries, for instruction, 252,961.29 238,056.19

Gymnasium and Athletic Building Expenses, 10,104.49

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Repairs, etc., on College Buildings, 24,550.85 29,107.55

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$459,145.70 $468,697.31

Total Receipts, 458,627.16 443,516.05

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Balance, showing deficit for the year, $518.54 $25,181.26

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