SOCIETY AFFAIRS 265 



The Editorial Board can probably be more careful to cut its pattern 

 to suit the cloth and not exceed its allotment. This will require careful 

 figuring and possibly occasional issues of the Journal of not more 

 than 100 pages. The expenses connected with getting out eight num- 

 bers, 1,200 to the issue, of the Journal^ aside from the actual printing, 

 has been during the year just closing about $500, or $62.50 per issue. 

 If the Journal is allotted $3,000 next year for publication and distri- 

 bution of 8 numbers, there will be available $375 minus $62.50, or 

 $312.50, to cover the actual cost of printing each issue. The Editorial 

 Board should probably be allotted the sum of $3,000 again in 1918. 

 At least $500 should be allowed for running expenses, making a total 

 of $3,500. An estimate of receipts during 1918 follows: 



Annual dues, present and prospective active members, 340 at $5 $1,700.00 



Subscriptions, 600 at $3 each 1,800.00 



Sale of back numbers and separates 100 . 00 



Advertising 100.00 



Interest on bank account 20.00 



Total $3,720.00 



If receipts are equal to the estimate and expenditures do not exceed 

 $3,500, the Society will be able to increase its assets by the sum of $220 

 at the end of the year 1918, 



RECEIPTS 



Balance on hand January i, 1916 $614.26 



Annual dues, active members — 



Previous to 1917 $8.00 



1917 1,507.00 



1918 1358 



1919 .90 



Proceedings and Journal — 

 Subscriptions : 



Vol. XI (1916) $4.00 



Vol. XV (1917) : 



Student. . . . $24.25 

 Regular 1,792.63 



$1,529.48 



1,816.88 

 Vol. XVI (1918) 213.86 



Sale of back numbers — 



Proceedings $115.50 



Journal 12.00 



$2,034.74 



127.50 



Sale of separates 1 1 • 75 



Advertising in Journ.m. — 

 By commercial institu- 

 tions $75-00 



By educational institu- 

 tions 32- 25 



107.25 



$2,381.24 



