BTATE MJKKTLTURAL SOCIETY. 19 



Showing the net gain for 188G to be as follows: 



Net liabilities February 1. 1886 - $30,346 88 



Net liabilities February l, iss: 22,576 18 



v i gain for 1886— - -- $7,770 40 



resume\ 



Notwithstanding the unfavorable season to the fanning community, and 

 tin' inability of many from a distance to attend, by reason of shortness in 

 crops, success has rewarded our efforts, and it has lion fully demonstrated 

 that under adverse circumstances the management has been such as to leave 

 a balance to apply to the reduction of our indebtedness. With a repetition 

 of arrangement of our affairs for the coming season, we hope to meet with 

 as good, if not better results. 



By reference to our financial statement annexed hereto, will be found in 

 detail the receipts and dishursenicnts for the year. 



FINANCIAL SUMMARY. 



Amount on hand at commencement of the vear $331 49 



Total receipts from all sources 72,128 99 



$72,460 48 



Total disbursements $71,918 67 



Cash on hand 541 81 



$72,460 48 



J. D. CARR, 



President. 

 EDWIN F. SMITH, 



Secretary. 



