20

{Forward Total of Literary Fund $2,344,714.}
{Stock of Bank of [?], Farmer's Bank & $293,607.72}
{Confederate-States Stock 454,923.44 748,52}
{Balance of investments, not apparently bad- $1,596,189.65}

These remaining securities which, all still, on hand, appear to be the identi-
cal ones in which the fund was invested in 1860, having been in-
changed for {more than [80?]}many years, and it would seem that these
can be regarded as unavailable, only upon the supposition
that the State of Virginia does not propose to redeem her ob-
jections! The annual revenue derived from them, will amount
to about $112,000.

Necessary Annual Expenditures of the University.

The budget of necessary expenses, in the present
status of the Institution, (which is reduced by two professors, & sev-
eral Assistant Institutions, from what it was in 1860), may be
thus summed up; viz.

For Instruction,- Professor's Salaries, (11 in number) $11,000.
Demonstrator of Anatomy 500. $11,500.
For Officer's Salaries,- Chairman $500.
Porter & Superintendent of grounds 1,800.
Librarian 600.
Secretary of Faculty 200.
Janitor 300.
Secretary of Visitors 200. 3,000.

For Repairs of Improvements 5,000.
For Labour employed, including attendance on Lect. Rooms &c. 500.
For advertising & Printing 600.
For Insurance $650; Fuel 7 Lights for Public Rooms, say $400 1,050.
For Library, including General, Scientific, Medical & Law Depart. 2,000.
For Schools of Chemistry, Nat. Philos. & Anat. Apparat. 400.
For Interest on Debt of University (Say $38,500), say 2,300.
For Expenses of Visitors, say 200.
For Miscellaneous Expenses, say 1,000.
$28,200.

Several of these items, it may be observed, are advanced