33 



Expenditures : 



American Nut Journal — their portion of joint 



subscription $ 74.00 



1921 Convention 71.46 



Printing report 12th meeting 212.19 



Printing and stationery 142.82 



Nut contest 111.01 



Postage and express 5.00 $616,48 



Deficit October 1, 1921 : 



Balance Special Hickory Prize $ 25.00 



Balance Life Memberships 45.00 



Deficit for regular expenses 246.07 



Net deficit 176.07 



$792.55 



The work of the treasurer for the past year has not been satis- 

 factory to him. 



The amount of attention he has been able to give it has been 

 much less than he had hoped. While supposed to be retired with 

 nothing to do except just what he wants to this is far from the facts. 

 While it is true that in 1919 he did retire from business, in which 

 he had spent practically all of his time since leaving school, he has 

 never been able to retire entirely and is still president of one cor- 

 poration and vice-president of two. In the case of one of these the 

 conditions under which it operated have changed so entirely that he 

 has had practically to get back into business and the work of the 

 association has had to be sandwiched in as best it could and at times 

 has had scant attention. Had it not been for Mrs. Bixby's help on 

 the work of the treasurer proper, he would have had to resign. 



There is a deficit* shown by the treasurer's report although less 

 than that of a year ago. The attempt to induce a rather large pro- 

 portion of our members to become contributing members, paying 

 $5.00 per year as membership fee, including subscription to the 

 American Nut Journal, has been reasonably successful, about one- 

 quarter of our receipts of membership fees being from this source. 

 The real difficulty, however, is that our total membership is not suf- 

 ficient to enable receipts from dues to pay expenses. In every year, 

 for a good many years, receipts from contributions have been about 

 equal to those from dues and apparently that condition will have to 

 continue until our membership is doubled, unless the activity of the 

 association is materially reduced, which course seems inadvisable 

 to your treasurer. 



The results of the nut contest the past year have been unsatis- 

 factory. The nut crop was a failure over quite a portion of the 

 country covered by the association. The number of nuts sent in was 



• This was wiped out at the meeting by contributions and guarantee of new mem- 

 bership which more than equalled the amount of the deficit. 



