182 



BEPORT OF THE COUNCIL, 



of that important officer has been performed by Mr. Duncan. 

 Under his advice the manner of keeping- the accounts has been 

 improved and simplified, and the quarterly balance-slieets have 

 been ready for tlie Auditors' examination immediately after the 

 quarter has closed. 



Tlie following Report from the Auditors, dated April 12, 

 1849, togetlier with the audited accounts of previous years, 

 furnishes the data upon which the preceding statements are 

 grounded. 



In some of the details these accounts are not, however, literally 

 in accordance with the previous statements, in consequence of 

 alterations in the manner of arranging the accounts, an incon- 

 venience tiiat will not recur. 



State of the Debt of the Society on the ^\st 3Iarch, 1849. 



Amount of Debt, 1 April, 1 848 

 Amount of Debt, 1 April, 1849, viz., — 

 To Creditors on Loan Notes 

 To Sir Wm. P. Call and Co. on Loan 

 To Liabilities (see opposite page) 



Less Cash Balance . £447 

 £400 6s. 7d., 3 per Cent. 

 Consols at cost . . 33G 



Eeduction in Debt since 1 April, 1848 



4 11 







5400 

 1500 

 2134 16 



9034 16 8 



783 4 11 



£. s. d. 

 8610 12 6 



3251 11 9 



359 9 



A. DUNCAN, Accountant. 



