Harvard ranked second behind Yale last year in the list of gift and bequest beneficiaries the John Price Jones Company, Inc., fund raising consultants revealed yesterday.

The total amount given to 51 colleges in gifts and bequests was $109,759,000 or 2.69 percent under the previous year's record of $112,790,000. Gifts alone comprised a little over $88 million of this total. This was an increase of 14.35 percent over last year's total gifts. Bequests however dropped to $21,524,000.

One of the trust funds that annually bolsters the College's bequest figure is the $33,900,000. Higgins Scientific Trust which announced last week that it will distribute a million dollars of income to be shared equally by Columbia, Yale, Princeton, and Harvard.

The trust's Board of Control created by the will of the late Eugene Higgins consists of the Presidents of the four beneficiary universities. Harvard will use its funds for chemical research and the Medical School.

Yale received $10,488,000 in gifts and bequests last year. Harvard $9,876,000.