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in the amount of $1,466,408.87, leaving a balance of $1,289,318.37,
of which $867,948.00 was invested in securities. The remainder was
on deposit in University bank accounts.

                            Plant Funds

     The Unexpended Plant Fund balance at the beginning of the year
was $59,025.37. An additional $172,223.67 of Current General and
Restricted Income has been allocated and appropriated for Plant
Fund purposes. A summary of Plant Fund transactions follows:



College Division:
General
Restricted
Experiment Station:.
  Unexpended Balance
  General



   Fund

$119,717.92
  J2,505.75

  59,025.37
  20.000.00
~~_241~9.04



  Charges

$ 89,090.88
  32,505.75

  4,617.46
  18,944.37



          Per Cent
Balance    Expended



$30,627.04


54,407.91
  1,055.63
$86 040.58



74.4%
100.0%

  7.8%
_94.7%
_..J% .E,



    A further analysis of Plant Fund charges is
ing statement:

   College Division;
   Payment on P.W.A. Bonds
     Dicker House Annuity
     Payments on Properties Purchased:
       Elliott Property                  $ 16,00
       Gibson Property                      8,00
       Horsfield-LoStourgeon Property       a.50
     Cost of Acquiring Excess and
       Surplus Government Properties
   Expcriment Station:
     Animal Pathology Building
     Abattoir Building
          Total



shown in the follow-



       $ 74,843.56
            352.74



1.50
11.75
22.50



32,505.75

13,894.58

  4,617.46
  18,944.37
$145,158.46



Respectfully submitted,



Frank D. Peterson
Comptroller