1908 



TREASURER'S REPORT 



199 



Sundry Accounts Receivable, 

 $175.00. 



Since the closing- of the books the 

 money advanced to the Secretary on 

 account of traveling expenses has been 

 returned. 



Advance to F. & I. Department, 

 $2,000.00. 



Early in the year 1907 the Associa- 

 tion purchased the magazine Forestry 

 and Irrigation, the price being $1,- 

 650.00. The sum of $500.00 was ad- 

 vanced as working capital — making a 

 total investment of $2,150.00. Of this 

 amount $150.00 were refunded during 

 the year, leaving the balance on this 

 account as above. 



Furniture & Fixtures, $449.90. 



This amount remains the same as 

 last year. 



Advance on Postage, 1908, $212.40. 



This is an expenditure made during 

 1907, but properly chargeable against 

 the year 1908, being the cost of 

 stamped envelopes for Treasurer's 

 bills, 1908. 



Bills Payable, $2,000.00. 



This is a demand loan for which 

 three of the bonds owned by the As- 

 sociation have been put up as collat- 

 eral. The loan was authorized by the 

 Board of Directors to provide funds 

 for current expenses. 



EXHIBIT 



BALANCE SHEET 

 As at December 31st, 1907 



Assets. 



Cash in Bank 

 Dec. 31, 1907. 



Bond Investments 



(purchase price) 

 2 Chicago & Eastern 



Illinois 5's 



2 Minneapolis & St. 



Louis 4's 



2 Japanese Imperials 



4j5^'s 



Dues Outstanding 



Annual 



Sustaining 



Sundry Accounts Re- 

 ceivable : 



Deposit, Potomac 

 Electric Power Co. . . 



Advance o n Travel- 

 ing Expenses(Sec'y) 



Advance to Forestry 

 and Irrigation 

 Department: 

 As per Ledger Acct. . . . 



Furniture and Fix- 

 tures: 

 As per Ledger Acct. . . 



Interest Accrued 



Advance on Postage, 1908 . 



2,305 00 

 1,982 50 

 1,875 30 



665 90 

 125 00 



5 00 

 175 00 



$ 195 04 



Liabilities. 



Bills Payable : 

 Demand Loan, Union 

 Savings Bank , 



Accounts Payable: 

 Security Storage Co . . 

 F. & I. Dept. Over- 

 payment of Advance 



Educational Fund 



Dues Unearned: 

 Annual Dues. . . . 

 Sustaining Dues. 



Surplus Account : 

 Balance as per Ledger 



Add: 



Net Revenue for Year 

 as per Exhibit "B" 



1 00 

 4 00 



846 00 

 125 00 



2,000 00 



6,451 34 



454 42 



5 00 

 194 00 



971 00 



6,905 76 



$10,075 76 



