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25,814,507.18

The above condensed statement has been prepared from the
accounts of the company to May 3, 1905, and from an estimate of
future receipts and expenditures furnished us by the president
of the Exposition Company.

JONES, CAESAR, DICKINSON, WILMOT & CO.

ST. Louis, _June 12, 1905_.

APPENDIX 2.

DISPOSAL OF SALVAGE OF LOUISIANA PURCHASE EXPOSITION.

State of Missouri, _City of St. Louis_, ss:

Before me, this the 16th day of March, 1905, personally appeared H.S.
Albrecht, who, being duly sworn, on his oath says:

My name is H.S. Albrecht. I reside in St. Louis. Have lived here the
past twenty-five years. I am engaged in business in St. Louis. In regard
to the sale of the salvage of the Louisiana Purchase Exposition Company
I herewith make the following statement:

When I saw by the papers that bids were requested for the wrecking and
removal of certain exhibit buildings now on the World's Fair grounds I
decided that I would make a bid on same. I submitted a bid on that part
of the salvage to be disposed of as shown in the specifications prepared
by Director of Works Taylor and on following buildings:

Mines and Metallurgy; Liberal Arts; Education and Social Economy;
Manufactures; Electricity; Varied Industries; Machinery; Transportation;
Forestry, Fish, and Game; Agricultural; Horticulture; four dairy barns,
octagonal; live-stock forum; Live-Stock Congress Hall; stock barns;
Steam, Gas, and Fuel Building, and cooling towers; Festival Hall;
terrace of States, including pedestals and statuary; two pagoda
restaurant buildings on Art Hill; four fire-engine houses; five
toilet-room buildings; five band stands.

The time limit set for the removal of the buildings and debris was
short--namely, three months--and no one could make a reasonable bid. I
made my bid in the sum of only $50,000 for that reason, and accompanied
same by a certified check for $25,000, as required by the Exposition
Company.

The bids were to be opened at 12 o'clock noon of November 10. I, with a
number of other bidders, was present in an anteroom adjoining the office
of Mr. Isaac S. Taylor, director of works. The bids were not opened at
the appointed hour, and we waited there for three hours and until 3
o'clock. We expected the bids to be opened in public, as is done