Repository: UIHistories Project: Board of Trustees Minutes - 1892 [PAGE 166]

EXTRACTED TEXT FROM PAGE:

PROCEEDINGS OF BOARD OF TRUSTERS.

169

As is well known, the pure-bred cattle industry has been greatly depressed for several years. A year ago it was confidently believed by many t h a t an advance in prices wa, certain during the year. Prices for good beef cattle have somewhat advanced, but breeding stock have been almost unsalable. The valuation of the cattle on the farms is low, much lower than such cattle were worth a few years since, but it is above what they would be worth for beef. I t is hoped there may be some advance in the next four months. The few sales t h a t have been made have been at very low prices. Horses have also fallen off in price the last year. As a whole, the live stock on the farms is more valuable, intrinsically, than at any former time., and could be sold for more than it has cost, even with the present depressed prices. Respectfully submitted, Cx. E. MORROW, Professor of Agriculture. I present, also, the quarterly report of the Board of Direction of the Agricultural Experiment Station:

A G R I C U L T U R A L E X P E R I M E N T STATION.

To the Regent of the University. SIR: The Board of Direction of the Agricultural Experiment Station of the University of Illinois, presents these papers: Paper A is a list of warrants issued, numbers 20 and 34 to 111, inclusive, with the list of vouchers therefor to be audited. Paper B is a statement of the Station expenditures for the quarter ending September 30, 1891. Paper C is a statement of the appropriations, expenditures and balances for trie quarter ending December 31, 1891. Paper D is a statement of appropriations asked for the purpose of carrying on the work of the Station for the current quarter, and for the quarter ending March 31, 1892.

P A P E R B — S T A T E M E N T O F E X P E N D I T U R E S F O R Q U A R T E R E N D I N G S E P T E M B E R 30, 1891.

Board expense B o o k s and publications Botanical a p p a r a t u s Bulletins Chemical a p p a r a t u s Fertilizers F u e l a n d lights , Incidentals Printing, stationery and postage. Salaries Seeds a n d t r e e s Tools a n d supplies W a g e s and t e a m s Sundry— Dairying e x p e r i m e n t Corn a n d w h e a t e x p e r i m e n t s . . . ' . . Total

m 06

50 4 149 49 31 1 20 1,737 25 23 981 00 00 78 95

25

20 25 10 50 22 93 35

48 07 32 80

83,169 46

- 1 2 U. I.