13 



The subscriptions for 1888 received \ip to 19th Jan., 1889, 

 amounted to £26 3s., and for arrears of 1885, '86, and '87, to 

 £4 los., making together £30 18s. The expenditure on the 

 other hand for the same period has amounted to £27 1 6s. only, 

 thereby increasing the balance to the credit of the Society to 

 £15 14s. Id. This reduction in expenditure is accounted for 

 partly by the fact of the contribution to the Library having 

 amounted to £7 14s. 5d. only, instead of £12, as voted by the 

 Committee ; and partly from there having been no outlay for 

 printing the Transactions of the Society in the year just closed. 

 The cost of printing No. 2 series was £5 10s., and a similar 

 sum will have to be provided in the current year should it be 

 determined to print No. 3 series. 



W. H. HORSLEY, Col., 



Hon. Treasvirer. 

 Canterbury, 



29th January, 1889. 



