Repository: UIHistories Project: Board of Trustees Minutes - 1892 [PAGE 38]

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PROCEEDINGS O F BOARD O F TRUSTEES.

41

Financial Statement for 1890—Concluded.

Inventory. Live stock— • H o r s e s , 12 @ $140 00 Colts, 13 @ 75 00 Pony P u r e b r e d cattle— Holstein-Friesians December I , 1890. $1,680 00 975 00 40 00 .. 66 .. 9 7 3 85, @ $75 00 .. 12, @ 15 00 Hogs, 67 @ $7.00 Poultry Total live stock Field p r o d u c t s Hay, 130 t o n s @ $7.50 Corn. 2,500 b u s h e l s @ 45 cents Oats, 350 b u s h e l s @ 42 c e n t s Clover seed, 17% b u s h e l s @ $4.00 Ensilage, fodder, a n d s t r a w I m p l e m e n t s and m a c h i n e r y Accounts and miscellaneous Total inventory $975 00 1,125 00 147 00 70 00 250 00 $6,375 00 180 00 6,555 00 469 00 15 00 $9,734 00

$2,695 00

2,567 00 1,400 00 175 00 $13,876 00

That this showing is not more favorable is due in part to reduction of the oats and corn crops by drouth, but mainly to t h e continued depression in live stcck, especially cattle. Sales have been made only at extraordinarily low prices. As a lot, the horses and cattle are better than ever before, but are valued lower than in any former year. Five years since a correspond f ng lot would have been valued at least $5,000 higher. I t was not thought advisable to purchase stock for feeding, hence both receipts and expenditures are less than in any former year. Respectfully submitted,

G. E. MORROW, Professor of Agriculture.

I present t h e report of t h e Board of Direction of t h e Experiment Station, and ask t h a t t h e recommendation be concurred i n : 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 vouchers, numbers 765 to 825, inclusive, for audit. Paper B is a statement of t h e Station expenditures for t h e quarter ending September 30, 1890. Paper C is a statement of t h e appropriations, expenditures and balances for toe quarter ending December 31, 1890. Paper D is a statement of appropriations asked for the purpose of carrying on the work of t h e Station for t h e current quarter, a n l for the quarter ending March 31, 1891.

-4D.I.