PROCEEDINGS OP THE SOCIETY. 181 



FINANCE. 



The Revenue Account shows a balance of income over expenditure 

 of £63 186\ 



Compared with last year, the income of the Society shows a further 

 decrease, the revenue from both Subscriptions and Journal sales being 

 lower than for some years past, while the expenditure has been increased 

 by some £83. 



The value of the Society's Securities has again very heavily de- 

 preciated, and they have been written down by a further £200. The 

 Investment Account now stands at £1981 14s. 



The Capital Account has been left at the same figure as in the last 

 Balance Sheet, and the depreciation in Investments has been charged to 

 the Reserve Account, which, with the balance from the Revenue 

 Account, now stands at £213 15.y. bd. 



The Council again urges upon the Fellows the necessity of pay- 

 ing their annual dues promptly. The financial year commenced on 

 January 1, 1917, and subscriptions are due in advance. 



JOURNAL. 



In the Transactions are recorded seventeen original communications. 



The Summary of Current Researches relating to Zoology, Botany, 

 and Microscopy, has been maintained as far as has been practical )le under 

 the circumstances brought about by the War. 



The Council takes this opportunity of thanking the Editorial Staff 

 for its work during the past year. 



LIBRARY. 



The condition of the Library continues to improve, and greater 

 advantage has been taken during the past year by the Fellows of their 

 privilege in regard to borrowing books from it. 



A noteworthy addition to the Library consists of a comprehensive 

 collection of papers on Rotifera, arranged and presented by the late 

 Curator of Instruments, Mr. Charles Rousselet, who has also donated a 

 complete setof his contributions to the study of this subject. 



The Society continues to suliscribe to Lewis's Circulating Scientific 

 Library, and the Council is glad to note that increasing use is being made 

 of the volumes thus introduced into the Library. 



INSTRU3IENTS AND APPARATUS. 



The instruments and apparatus are in excellent condition, and 

 during 191G the following donations were received : — 



A Wilson Screw-barrel Microscope . Presented by Dr. H. J. Johnson, 



through Dr. Heblj. 

 Two Microscopes of the Ellis Aquatic From Mr. C. E. Heath. 



type. 

 Small French Microscope . . „ Mrs. Owen. 



