xlii Trans. Acad. Sci. of St. Louis. 



sible, but to keep on each as a committee of one and make every effort in 

 their power to get more and more members. With all due economy the 

 expenses of the Academy's household are still such that an iucreased mem- 

 bership is a necessity. A home of our own has not diminished but increased 

 our expenses. By the renting of available rooms last year's income has 

 been materially added to. Yet, the Academy should at not too far a date 

 be enabled to build fire-proof rooms for the museum and library, and it 

 should furthermore be placed in a position to give financial aid to inves- 

 tigators of special subjects. As we have thus far so signally failed in 

 finding other donors, as disinterested as those to whom we owe this house, 

 an increased membership is almost imperative. 



In a few months it will be fifty years since the Academy was organized. 

 As you know it is the intention to celebrate this anniversary in a dignified 

 and appropriate manner. It is to be hoped that most, if not all, the mem- 

 bers of the Academy will show their interest in this institution by taking 

 part in this celebration. 



In conclusion I wish to thank the other officers of the Academy, who, 

 like all their predecessors, have managed its affairs with zeal and unselfish 

 devotion, and, also, to assure you of my appreciation of the high honor 

 you conferred on a rather unworthy member when you elected me your 

 president. I hope you will forgive ray shortcomings. 



The Treasurer presented his report for the year 1905, 

 showing the following recapitulation of accounts : — 



RECEIPTS. 



To Balance Jan. 1, 1905. $1,381 33 



Dues from members 1,296 00 



Kents 925 00 



Interest from capital invested 180 61 



Incidentals 1 75 



Mortgage 3,500 00 



Certificate of deposit 1,030 22 



$8,314 91 



EXPENDITURES. 



By Printing Transactions $ 428 68 



General printing 117 85 



Librarian's expenses 386 91 



Improvements 175 43 



Salaries 1,080 00 



Sundry expenses 356 52 



Deposit in bank 1,000 00 



Investment 4,530 22 



Balance 239 30 



$8,314 91 



