TREASURER'S REPORT, 1920. 



It is again my pleasant duty to report a very successful year 

 financially, the cash balance to be carried forward being practically 

 the same as in 1919, after allowing for the amount which has 

 been invested in the names of Trustees for the benefit of the 

 Society, as I foreshadowed in my last report. The fact that sub- 

 scriptions paid in advance total this year £5 more than last, 

 must however not be overlooked. 



Our income from current subscriptions was £9 6s. 6d. in excess 

 of last year's receipts, amounting to a total of £56 5s., and will 

 with the advent of so many new members be substantially 

 greater again next year. 



Publication of proceedings cost us rather less than in 1919, but 

 this was not due to any cheapening of the price of printing, 

 which still tends to rise, but to the very careful editing of the 

 Publication Committee. 



Arrears which were estimated to produce £5 in the last Balance 

 Sheet actually amounted in cash payments to £7 2s. 6d., and 

 this year I am glad to say the defaulters are much fewer in 

 number as some of the very old names have been removed from 

 the roll of membership. Only twelve out of our large member- 

 ship have failed so far to come up to scratch for 1920, and I 

 hope that, should this reminder succeed in reaching any of them, 

 it will have the desired effect of making their consciences prick 

 them into action. I have valued arrears in the present balance 

 sheet at £7, and may say that 30s. of this has already reached me. 



No fewer than 27 entrance fees were paid during 1920, nearly 

 half of which were from members who joined us towards the end 

 of the year, and whose first subscription therefore covers 14 months. 

 The balance standing to the credit of Suspense Account is this 

 time £3 5s. lOd. as the £60, 5% National War Bonds purchased 

 cost a few shillings more than the exact balance brought forward 

 from 1919. 



Sales of Proceedings total £5 8s. of which rather more than 

 half was for Surplus Copies sold to the paper makers. This item 

 is lower than the record figure reached in 1919, but is still quite 

 good. 



It will be seen from the foregoing remarks that we are still 

 far from being in a position to run the Society on its annual 



