EEPOKT OF THE COUNCIL, MAY 1, 1851. 



207 



Upon analysing the items in the Balance-sheet, and comparing 

 them with the corresponding items in the accounts of last year, 

 it will be found that the receipts have been less by the sum of 

 77/. 9s. 8d., as shown by the following statement: — 



Beceipts. 



Compositions for life from Fellows . 



Annual Subscriptions 



Admission fees from Fellows .... 

 Transactions and Fruit Catalogue sold . 



Quarterly Journal sold 



Eent of Apartments let off in Regent-street 



Garden Produce sold 



Receipts from Members for garden charges 



Miscellaneous receipts 



Garden Exhibitions, 1848 



Dividends on 3 per cent. Consols . 



This diminution is caused chiefly by a falling off in the receipts 

 from Annual Subscriptions of 137/. 18.9. lOt?., owing to a large 

 amount of arrears having been collected in 1849-50, leaving 

 a smaller amount to be received in 1850-51 ; and also by a 

 decrease of 88/. As. in the amount of Admission Fees received, 

 partly in consequence of their reduction from 6/. (Ss. to 21. 2s.* 

 Against this there is an increase in the receipts from Garden 

 Exhibitions of 164/. 9*., arising from the whole of the receipts 

 for 1850 being included in the above account of 1850-51 ; 

 whilst only a portion of the receipts for 1849 is entered in the 

 account of 1849-50, the remainder having been entered in the 

 account of 1848-9, as is shown hereafter vtnder the head of 

 Exhibitions. 



The particulars of the expenditure in 1849-50 and 1850- 

 51 will be found in the following table : — 



* The number of Fellows elected in the present year is 22. 



