FINANCIAL STATEMENTS.

From which there is to be paid to cities and towns in 1897, .

86,968 66

The Massachusetts school fund amounted, Dec. 31, 1896, to .

3,970,548 14

The condition in detail of the school fund appears from the following report of the commissioners :

TREASURY DEPARTMENT, Boston, Jan. 20, 1897.

Hon. JOHN L. BATES, Speaker of the House of Representatives.

SIR: Under the provisions of section 2 of chapter 43 of the Public Statutes, requiring the commissioners in charge of the Massachusetts school fund to report annually the condition and income of the fund, the undersigned respectfully submit the following:

Amount of the fund Dec. 31, 1895,
Increase of the fund during the year, under the pro-
visions of chapter 90, Resolves of 1894,

:

$3,870,548 14

100,000 00

$3,970,548 14

Of this amount, $55,706.64 was in cash uninvested, and the follow ing is a schedule of the securities in the fund: