The secretary's report was accepted on motion of Mr. J. I. Wyer, Jr., seconded by Dr. C. W. Andrews.
The treasurer's report which had been previously printed, was read by title, and accepted.
AMERICAN LIBRARY ASSOCIATION
Report of the Treasurer, Jan. 1st to May 31st, 1912.
| Receipts | ||
|---|---|---|
| Balance, Union Trust Company, Chicago, January 1, 1912 | $2,005.66 | |
| Trustees Endowment Fund Interest | 175.00 | |
| Trustees Carnegie Fund Interest | 1,524.33 | |
| George B. Utley, Headquarters collections | 4,815.50 | |
| A. L. A. Publishing Board, Installment on Hdqrs. expense | 1,000.00 | |
| Interest on bank balance Jan. to May | 17.34 | $9,537.83 |
| Expenditures | ||
| Checks No. 28-32 (Vouchers No. 437-505) | ||
| Distributed as follows: | ||
| Bulletin | $ 187.90 | |
| Conference | 15.50 | |
| Committees | 54.17 | |
| Headquarters: | ||
| Salaries | 2,103.10 | |
| Miscellaneous | 308.33 | |
| Trustees Endowment Fund (Life mem.) | 150.00 | |
| A. L. A. Pub. Bd. Carnegie Fund interest | 1,524.33 | |
| Balance Union Trust Company, June 1, 1912 | $5,194.50 | |
| George B. Utley, National Bank of Republic | 250.00 | |
| Total balance | $5,444.50 | |
Respectfully submitted,
C. B. RODEN, Treasurer.
Chicago, June 1, 1912.
The following report of the finance committee was read by Dr. C. W. Andrews, chairman, and accepted.