79 



The finances of the Club are in a sound condition, and there is 

 very little in the Balance Sheet requiring comment. The amounts 

 received from subscriptions and from the sales of Catalogues 

 show a slight increase, which is nearly balanced by a slight 

 decrease in the receipts from advertisements. The balance in 

 hand— viz. £190 9s. 3d. — shows an increase of <£22 4s. 5d. on the 

 balance at the end of last year, but as the greater part of this 

 increase may be considered as already earmarked for the cost of 

 printing the Catalogue of Books, the balance may be regarded as 

 nearly the same as last year. 



The Committee desires to express its thanks to the officers for 

 their individual and collective services, on which the efficiency of 

 the Club so largely depends. In this connection they desire 

 especially to draw the attention of all members to the loss which 

 the Club is sustaining in the retirement of their Honorary 

 Secretary, Mr. G. C. Karop, who, after more than twenty years 

 of devoted service to the Club, is now resigning his office. 





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