14 PEOCEEDINQS OF THE 



at the Eoyal Gardens, Kew." By W. T. Thiselton Dyer, F.R.S., 

 F.L.S. 



5. " On the Testis of Limulusr By W. B. S. Benham. (Com- 

 mimicated hy Prof. E. Bay Ltmkester, F.E.S., T.L.S.) 



G. " Ou the Mollusca of the ' Challenger' Expedition."— Part 

 XX. By the Eev. E. Boog Watson, E.L.S. 



AnNIVERSAET AdDEESS of the PfiESIDENT. 



Gentlemen, — 

 If we have no very striking event to record in commemoration of 

 the year which has just elapsed, nor any single discovery which 

 stands out above all others, we may nevertheless fairly say 

 that it is one in which Biology has made considerable advance, 

 and which as regards our Society in particular has been one of 

 progress and prosperity. 



AVith reference to finance, I think we may fairly congratulate 

 ourselves on the report which has just been read by our Trea- 

 surer. "We have been able to invest something more than the 

 amount of the composition fees, besides spending a fiiir amount 

 on the improvement of the Library, the increase in our funds 

 amounting to something over £600. 



Indeed, since the removal into the present apartments, the 

 Society has considerably improved its financial position, and the 

 investments now reach nearly £5000. 



It is to be borne in mind that the actual property of the 

 Society hitherto has not figured in the Treasurer's annual state- 

 ments. Mr. Jackson and Dr. Murie consider that, as a rough 

 estimate, Linna^us's Library and collections may be taken, say, 

 at £5000; the Society's Library, say £15,000; stock of unsold 

 publications, £3000 ; Portraits, Busts, and other Furniture, 

 £2000 ; which, together with present investments, gives a total 

 of, say, £30,000. 



We may also congratulate ourselves that 54 Fellows have 

 joined the Society during the past year, which is about 25 per 

 cent, increase on the average of former years. 



The deaths have not been altogether high ; but u]:i fortunately 

 the withdrawals have been more numerous. A curious fact, how- 

 ever, is that some of those elected since last Anniversary were 

 formerly Fellows of the Societ}^ ; so that we may hope that some 

 of those who have lately I'esigued may later on join the Society 

 again. 



The deaths and withdrawals together, nevertheless, amount 

 only to 24i, so that the total number of Fellows shows a marked 

 increase. 



