108 Annals Entomological Society of America [Vol. XV, 



Liabilities. 



The Society owes the publishers of the Axxals for the four issues of 1921. 

 Also for engravings for December, 1921, Axxals, $56.25. Also for printing the 

 program, $24.00. 



CONDITIOX OF PeRMAXEXT FUXDS. 



On hand last report (Annals, Vol. XIV, p. 41) $795.09 



Appreciation of nine War Savings Stamps 1 .08 



One life Membership, W. M. Giflfard, carried in current account 50.00 



From Interest on bonds, in current account 29.91 



$876.08 

 Less interest accrued during 1920 and 1921, now vested in the current fund. . 34.77 



Actual present balance $841 . 31 



Securities. 



The securities held remain exactly as recorded in the Treasurer's report for 

 last year (See Axnals, V^ol. XIV, p. 41) except that Fourth Liberty Loan Tem- 

 porary Bonds, Nos. 490,434, 4,714,709 and 6,951,394 have been converted to Nos. 

 H. 05,321,828; C. 04,921,513: and D. 04,921.514. These secmities are held in safety 

 deposit box of the First National Bank, Champaign, Illinois. 



By direction of the Executive Committee the Life Membership fee of W. M. 

 Giffard ($50.00) and other such fees as received will be invested in bonds. 



Respectfully submitted, 



C. L. Metc^lf, Treasurer. 



On motion the reports of the Secretary-Treasurer were accepted 

 and the financial parts thereof referred to the Auditing Committee. 



On motion, the Society selected by viva voce vote, the following 

 subject for the symposium at the 1922, Boston meeting: 



"The Adaptations of Insects to Special Environments." 



The following report was next presented : 



REPORT OF MANAGING EDITOR. 



Our publication for the year 1921 has apparently suffered no more from the 

 prevailing difficulty in regard to printing than some of those of our sister Societies. 

 In some respects we have, I think, gained ground and can report a fair prospect 

 for the coming year. The income of the office has amounted to $863.92, which is a 

 larger amount than has been received in any previous year, but it should be noted 

 that several items have been collected which have come over from last year, and 

 that we can hardly expect as large an amount for the coming year. It may be 

 mentioned, however, that a considerable item, $211.85, represents sale of back 

 volumes, and with resumption of scientific activities throughout the world, I 

 think we can count on the sale of an increased number of back volumes which 

 will help out in future publication. It may be stated also that back numbers and 

 subscriptions have been entered from such widely separated localities as Japan, 

 India, Australia, New Zealand, Ceylon, and Germany, which apparently marks 



