xl Trans. Acad. Sd. of St. Louis. 



DISBUESEMENT8. 



General expenses $ 476 . 38 



Current expenses 120 . 00 



Printing transactions 267 . 79 



Employees 1,100.00 



Note 389.55 



Balance on hand December 31, 1908 792.63 



?,146.35 



The above report suggests several things to the careful reader. 

 There is a regrettable laxity in the payment of dues. The annual 

 dues for resident members is $6.00, and for non-residents, $3.00. Hence 

 the income from fees alone should have been $1,320.00 plus $90.00, 

 making $1,410.00, which is $202.00 more than the Treasurer's Report 

 shows. Had all the dues been paid, including back dues long unpaid, 

 we should have been able not only to pay an overdue bill of $389.55 for 

 printing a scientific paper in 1907, but we could have printed several 

 papers submitted for publication during 1908. As it was, but a single 

 short paper of ten pages was printed and distributed throughout the 

 wide circle of our exchanges, some 585 in number." 



We are fortunate in our tenants who use rooms we are able to 

 spare permanently or the Lecture Hall on specified evenings when not 

 needed by the Academy. So great is our need of income for the 

 purpose of publishing papers, that we are willing and even desirous 

 of renting a fine first floor room, with the occasional use of the lecture 

 hall, at the present time. The room is heated, lighted, and cleaned, 

 and in every way suited for a club or league of scientific, literary or 

 artistic character. 



Our fixed charges are relatively large. The monthly pay roll is 

 $100.00, and the incidentals for printing, postage, fuel, repairs, etc., 

 carry the total fixed charges for the year up to $1,800. 



An estimate can now be made of the possible amount of money 

 available for printing and distributing scientific papers in 1909 on the 

 basis of present membership, tenants and endowment, as follows: 



Annual dues (possible) $1,500.00 



From tenants 650 . 00 



From $3,000 mortgage 180 . 00 



From $1,000 certificate of deposit 40 . 00 



$2,370.00 



" C. M. Woodward— Air-Ship Propeller Problems. Vol. XVIII, No. 1. 



