4.



     As the women's residence hall nears completion, it is neces-
sary to keep in mind the fact that furnishings will be required
to make this building useful and effective.   A committee is now
studying the needs of the hall and is asking for unofficial bids
on the cost of providing equipment which they think necessary.
'hen these have been fully tabulated they will be presented to
the Executive Committee or the Board for their consideration,
The cost of equipment will amount to a considerable sum of money.
As things look now, it may be possible to take care of all, or
the major part, from the accumulated surpluses arising out of the
operation of Patterson aond Boyd Halls in the past years.

     It is hoped that the proposal presented to the Executive
Committee in January to enlarge the facilities of the ments res-
idence halls may be carried out.   That proposal included the
modification of the basement rosms in the three ments dormitories
at a cost of aporoximately $o10,000-`12,000.  This addition to
the facilities of the buildin-'s would increase the number of
places in the buildings by 50.   The income from the occunants
would take care of the loan negotiated for the purpose of making
the changes in the buildings.

     The legislature at its last session in 1938 provided an ap-
propriation of $30,000 for two years with whrlich the Library
might purchase books.   The Library has been at work making
necessary lists and issuing the orders for the purchase of these
books.   It might be said here that this money has Materially
enriched the University Library,   The University Library has nowr
something over 250,000 volumes, which makes it the sixth along
libraries in the institutions of the South.   The General Educa-
tion Board in its grant for the betterment of rural and social
economics allowed 44,000 for books in these fields.    Some books
are now being Durchased under the grant.

     It might be interesting to stop at this point and state
that the University has been in receipt of a considerable number
of gifts in the past twenty years.   Among the gifts, the Ja.:les
K. Patterson Fund, amounting today to $286,7?l7.76;  a grant of.
$}50,000 from the General Education Board for the erection of
the buildings of the College of Education: the legislature an-
propriated a similar sun.   Gifts of the alumni in building the
Stadium band Frading the grounds amounted to 8102,265.65.   Gifts
of citizens, alumni and friends of the University for the erection
of the Memorial Building amounted to $114,816.50,    A grant of
$20,000 for two years from the General Education Board was made
to increase the facilities in the field of rural and social
economics.   A grant of $10,000 for each of two years, and now to
be extended a third year, from the Carne-j'ie Corporation was made
to carry on a community music study in the State.    The gift of
an art library--photographs and the like, from the Carnegie Cor-
poration is valued at $so00.    The gift of the Carnegie Corpora-
tion for the advancement of the study of music includei records
of the works of music masters and a fine phonograph amounted to
82,.000   A gift of :2,000 from the Carnegie Corporation for the