Show I EDUCATION BOARD BOARD SECURITIES SHRINK IN YEAR NJ NEW EW y YORK March 20 O. Shrinkage O.-Shrinkage S p of approximately in io the book value of tb the gen general Mal education hoards hoard assets is made known through the tho publication pub pub- of the thc annual report of that t body The report only covers the year 11 en ending ing June SO 30 o last lust but lut by taking into account the present prices of the t securities se- se e- e there thore listed he extent which th time the fund fune hu has suffered through the thc tre- tre shrinkage hr in in security values sin since e that date ba has been figured A Alar lar largo o part of the estimated ted loss is in bonds which have o declined heavily ily since ince last summer The Thc g general education board was incorporated in iu- in with a H federal char charter charter ter anti and its ite of assets have havo been ben largely largel contributed ute h by by John D. D Rockefeller Andrew Carnegie nail and other oth oth- er wealthy men of the country Jn the thc year veal en ended ed June Julie 30 the thc for general educational work anti and Ja made e contingent ex expenses pc uses of 1 12 |