President Dwight's Report.

President Dwight has submitted his annual report to the Yale Corporation. A marked increase in the income of the college has occurred in the last two years, the amount received, including gifts, since July 1, 1886, being over $525,000. In addition to this sum, legacies have fallen to the college within the last year, which, though in each case dependent as to the time of their realization on the continuance of a single life, will, when realized, amount, it is believed, to at least $200,000. The number of students connected with the university has increased since '85 from 1,076 to 1,365, the present number. The president urges the importance of immediately beginning the construction of a new gymnasium and expresses the hope that friends of the college will give the $150,000 needed. Reference is made to the inadequate accommodations for students in the scientific department, and information is given that it is intended to erect a new building which shall be devoted to civil and mechanical engineering. A new department in the Divinity School is suggested by the establishment of several graduate fellowships and scholarships of considerable value.

The number of students in the Medical School is 35, or double that of last year. The increase in the number of students at the Law School since '86 is marked, the number then being 79, while there are at present 106. The Art School has 173 students, or fifty more than it had last year. The president lays special stress on the fact that without more money the desired improvements cannot be made.