SECRETARY'S REPORT.

MADISON, November 1, 1869.

General C. S. HAMILTON,

President of the Regents of the University of Wisconsin: SIR-I have the honor to submit the following statement of the funds pertaining to the State University, exhibiting the receipts and disbursements for the year ending September 30, 1869:

UNIVERSITY FUND.

This fund consists of the proceeds of the sales of lands granted by Congress for the support of a University,

The amount of this fund which was productive at the end of the fiscal year ending September 30, 1868 and 1869, respectively, was

Showing an increase in the productive fund during the last year of $3,265.

AGRICULTURAL COLLEGE FUND.

This fund consists of the proceeds of the sales of 240,000 acres of lands granted by Congress to the state for the support of an institution of learning, where shall be taught the principles of agriculture and the arts. The interest on the productive fund forms the income.

The amount of productive fund September 30, 1868 and 1869,

Showing an increase of the productive fund of $58,038 00