WILL END YEAR WITH BALANCE OF $1,000

The report of the treasurer of the Alumni Association shows that on April 1 the Association and the Alumni Bulletin had cash on hand of $3,395.85; the estimated receipts for the remainder of the year were $11,000, and the estimated expenses were $13,393. It was expected that the Association would end the year with a cash balance of approximately a thousand dollars. In this estimate among the receipts were taken into consideration the $1,500 contributed by several graduates in support of the Association. Without these contributions there would be a deficit of approximately $500.