Auckland Institute. 517 



The revenue for the year has been £970 10s., of which £171 3s. con- 

 •sisted of members' subscriptions, and £591 Os. 6d. interest on the invest- 

 ments of the Costley bequest. The expenditure reaches a total of £888 

 ISs. 6d., leaving a balance of £81 lis. 6d. in hand. The invested funds o 

 the Institute amount to £10,702, showing an increase of nearly £400 

 during the year. 



Thirteen meetings have been held during the session, at which 25 

 papers on various scientific and literary subjects have been read. 



Brief mention was made of the principal additions to the Museum 

 -and Library, and the various changes of importance in the arrangement 

 of the collections were given in detail. 



Election of Officers foe 1889. — President — Josiah 

 Martin, F.G.S. ; Vice-p-esidents—^. Percy Smith, F.R.G.S., 

 Professor A. P. Thomas, F.L.S. ; Council — Professor F. D. 

 Brown, C. Cooper, Mr. Justice GiHies, W. Fidler, E. A. 

 Mackechnie, T. Peacock, M.H.R., J. A. Pond, Rev. A. G. 

 Purchas, M.R.C.S.E., J. B. Eussell, Eev. W. Tebbs, Jas. 

 Stewart; Secretari/ and Treasurer — T. F, Cheeseman, F.L.S., 

 F.Z.S. ; Auditor— ;i . ^Qidi. 



Attention was drawn to the recent departure of the late President of 

 the Institute, Mr. Percy Smith, for Wellington, and several members 

 spoke in reference to the valuable services rendered by him to the 

 Institute during his many years' membership. It was agreed to present 

 Mr. Smith with a valedictory address, and he was also elected an hono- 

 rary member of the Institute. 



On the motion of the Chairman, it was decided to present !Mr. 

 Reischek, the ornithologist, with an address previous to his departure for 

 Europe. 



