State Agricultural Society. 



REPORT OF THE BOARD OF DIRECTORS. 



To the members of the State Agricultural Society: 



Gentlemen: Id laying before you our annual report of transactions 

 and financial statement for the year just closed, we congratulate members 

 of the society upon its progress in usefulness and prosperity; upon our 

 increased facilities for encouraging every worthy industry; upon the suc- 

 cess which has crowned the efforts of the society in all its undertakings; 

 and upon the general appreciation of the value of our organization to the 

 entire State. And we desire to congratulate the people of California 

 upon the strong and steady growth that has marked every leading agri- 

 cultural and stock interest during the past season, and has generally 

 characterized all the minor branches of industry, as well as upon the 

 promise of the new year, which seems to give a plain assurance of 

 abundant harvests, the establishment of new and important industries, 

 a rapid development in enterprises that have heretofore been experi- 

 mental, and an unprecedented advance in wealth and population. 



In the volume of transactions to which these paragraphs are prefa- 

 tory, will be found synopses of the results attained in agricultural and 

 kindred pursuits since the date of our last report; a variety of valuable 

 and special information; tabulated details of receipts and expenditures; 

 a full exhibit of proceedings at the Pavilion and at the stock grounds 

 during the recent Fair; and many selected papers of especial value. 



It would be superfluous to paraphrase the mass of such information 

 for the purposes of this report, the province of which is more properly 

 to deal with the business management of society affairs; but it may 

 serve a useful purpose to summarize a few results, and to touch briefly 

 upon some topics of general interest and increasing importance. 



FINANCIAL. 



Owing to the liberality of the Legislature, and the success which has 

 rewarded our business efforts, we have been enabled to make very exten- 

 sive improvements at the Fair grounds, some much needed alterations 

 and repairs at the Pavilion, and to report a favorable financial condition. 



Our expenditures for the year amount to $65,789 43 



Our receipts aggregate 66,650 85 



Leaving balance in the Treasurer's hands $861 42 



