TREASURER'S REPORT, 1922. 



The accounts for the year ending December 31st, 1922, show, I 

 am glad to say, a further advance in the relation of regular income 

 to regular expenditure, which is very gratifying, although the actual 

 increase is covered by the reduct ion of £11 in the cost of printing 

 the Proceedings, as a drop of £5 in our income from the sales of 

 proceedings neutralises the advance of £5 shown under the head of 

 current subscriptions and dividends. 



We are still over £20 a year short of being in a self-supporting 

 condition, the difference being made up by donations to the Publica- 

 tion Fund, £13 17s. 6d., and subscriptions paid in advance £14 18s., 

 but I hope that, before I present another balance sheet, we shall 

 have received the very handsome bequest of £200, made to the 

 Society under the will of our late member, Mr. Lachlan Gibb, 

 which should, when invested, bring in an annual income of £10, 

 and reduce our shortage by one half. 



More subscriptions have been paid in advance than was the case 

 last year, but I am sorry to say that there has been no improvement 

 in the matter of arrears, as an even larger number of current sub- 

 scriptions are still outstanding, and I should like to remind the 28 

 members, who are responsible for these, of the announcement I made 

 last year in regard to payments through banks, in order to 

 relieve me from extra w^ork entailed by their forgetfulness. I have 

 a number of Banker's payment forms by me, and shall be glad to 

 supply them on application. 



During the year a further sum of £40 has been invested in 5% 

 National War Bonds on behalf of the Society, making a total of 

 £100 in all, and these are worth at to-day's price a trifle more than 

 the cost. Further sales of apparatus and duplicate books, received 

 under the Ashdown bequest, have brought in £16, and entrance 

 fees £2 17s. 6d., which has enabled us to carry forward a balance of 

 over £26 to the credit of suspense account, which will be available 

 for further investment. 



The balance sheet shows the position of the Society to be in- 

 creasingly strong, and that our excess over liabilities is increased by 

 £25 compared with 1921. Many thanks are due to those members 

 who have so kindly assisted the publication fund with donations, 

 and to the Officers and Council for their continued assistance 

 during the past year. 



The items shown in the various accounts are as follows, having 

 been carefully gone through and passed as correct by your auditors, 

 Messrs. T. W. Hall and E. Step. 



