SOCIETY AFFAIRS 



Report of the Treasurer for the Year 1918 



The outstanding feature of this statement is the excess of assets 

 over liabilities of $1,017.32, as compared with $690.48 for the previous 

 year and $581.15 for 1916. The factors which have contributed to 

 this greater balance are: an increased number of members, an increase 

 in the advertising receipts, and the larger balance brought forward on 

 January i, 1918, over the previous year. 



It will be noticed that the figure given for the publication and dis- 

 tribution of the Journal ($3,089.30) includes $328.80 paid for the 

 last issue of the preceding volume. This, however, is just about offset 

 by the expense of the last number for this year. 



In spite of the increased cost of printing and the large size of a few 

 of the numbers, the average cost per copy has been about the same 

 as for the previous year, or 32 cents a copy as compared to 34 cents 

 last year. 



The business of the Society has grown so considerably since the 

 combination of the Forestry Quarterly and the Proceedings that an 

 increasing amount of time has been necessary to handle the bookkeep- 

 ing, the collection of bills, etc. In view of the frequent change of treas- 

 urers, it has been thought best to have all of this work handled by one 

 person, who might be continued from year to year at the will of sub- 

 sequent treasurers. The Society has been fortunate in securing the 

 services of Miss Helen E. Stockbridge for this work. 



Although the excess of assets over liabilities is encouraging, it is 

 very desirable that this balance should be further increased by the 

 addition of new subscriptions to the Journal and the placing of 

 additional advertising. More money should be appropriated for 

 bringing the magazine to the attention of libraries and industries which 

 might be interested in advertising. 



An estimate of receipts during 1919 follows: 



Annual dues, 350 at $5.00 $1,750.00 



Subscriptions, 600 at $3.00 1,800.00 



Sale of back numbers and separates 100.00 



Advertising 200.00 



Interest on bank deposit 25 . 00 



$3,875.00 

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