The appropriations for the year 1879-80 are as follows: For opera-house expenses (commencement exercises). 100.00 Special appropriation out of Special Repair Fund, for steam heat- $2,500.00 As part of the work entered upon in expenditure of the special appropriation of ten thousand dollars is yet incomplete it is not possible to give the exact figures. But there will remain after present contracts are completed something over $1,000 to be applied as designated in the act, to the erection of fences and to the completion of stone walks, a sum amply sufficient for the purposes contemplated in the appropriation. The Regents take pleasure in stating that all their plans as set forth in their report asking for a special appropriation for repairs and for a permanent endowment fund have been fully entered upon, and, so far as possible, have been completed. All the buildings have been put in a state of thorough repair, and painted and calcimined. Upon all outside work there have been placed three coats of good paint and one coat of sand. Stone walks have been laid, but are not yet quite completed. The central building has been furnished with apparatus for steam heating. The Departments of Natural Science and of Physical Science have received much needed accessions in the matter of apparatus. The libraries have been enlarged and better accommodations furnished them. A Lady Professor has been employed with special reference to the interests of lady students, who also does the full work of one professor. Better provisions have been made for study rooms during the hours when students are not in recitation, and specially increased accommodations for the use of young ladies. All the conditions enjoined upon us by the legislature have been fully met, and we gratefully acknowledge the benefits that have come to the University through the acts of 1878. The Regents would here call attention to the reports of the several officers, hereto attached. The rapid growth of the University in its higher classes renders it necessary to increase all our appliances for instruction. We would express our gratitude for past favors, first, by making wise use of the means furnished us, and, secondly, by developing plans which shall keep the University up to the needs of the State. Our Permanent Endowment will be of great service in this direction, but we shall soon need more room, and should we be found in the future asking for a supply of that need, the citizens of Iowa will find abundant ground for such a request in the acceptance of advantages furnished her young men and women through the liberal endowment already made. Placing ourselves, as was the evident purpose of the legislature of 1878, upon the high ground of an institution furnishing the best possible facilities for collegiate and professional education, and suspending all work which can be well done in the High Schools of the State, we ask for a continuance of the favor already shown, and for such additional means as the wants of a rapidly growing State shall demand for her highest institution of learning. C. W. SLAGLE, L. W. Ross, H. C. BULIS, Committee of the Board of Regents. } TREASURER'S REPORT. $199,645.09 6,835.25 4,106.85 4,260.07 ASSETS OF THE STATE UNIVERSITY OF IOWA, JUNE 15. 1878. Interest bearing mortgage notes ... Contract notes taken in part payment of University lands... Cash on hand... Total working capital... Property purchased at sheriff's sale... Lands unsold-estimated value.... $214,847.26 2,100.00 13,500.00 The principal fund since last report, September 30, 1877, was in report of amount for June 15, 1878, reduced $3,500, by purchase of foreclosed lands on mortgage, as follows: w hf sw qr, ne sw, sw nw, 5 acres off w side, e hf sw se, and e hf w hf sw se, in sec 23, and ne nw 26, and se se 22, all in tp 80, r 8 west, in Johnson county. And the said fund, it will be observed, was increased in report of amount for June 15, 1879, $4,000. Said increase was the result of the re-sale of part of the above purchased lands, as follows: w hf sw, ne sw, sw nw, 5 acres off west side e hf sw se, e hf w hf sw se, in sec 23, and ne nw sec 26, all in tp 80, range 8 west. The total increase of the permanent fund by such purchase and sale, as will appear from comparison of reports, is the sum of $500.00. The unsold lands of the University are located as follows: Showing the Income of the University from June 25, 1877, to June 15, 1879. |