Ix 



With respect to finances, the Council has the satisfaction of stating 

 that the Society's income for the year has been sufficient to meet the 

 expenditure. The following is an abstract of the Treasurer s account : — 



Eeceipts. Payments. 



Rent, Office, and Meeting Ex- 

 penses .... ^112 

 Publications ... - 173 

 Library - - - - - 13 



^298 



During the year thirty-one town Members have availed themselves of 

 the regulation by which, on extra annual prepayment of half-a-guinea, 

 they become entitled to the 'Transactions' for the year free by post. In 

 1876, when this bye-law was passed, twenty-eight Members subscribed, 

 and in 1877 there were twenty-four subscribers, so that the past year shows 

 an increase which may be considered as an acknowledgment on the part of 

 the Society of the advantages thus held out. 



As will be seen on reference to the published list, the Library has 

 received a large number of donations. The Society is indebted to Mr. 

 J. W. Dunning for a copy of Dr. Herrich-Schaffer's * Die Schmetterlinge 

 von Europa,' a work in six vols., quarto, with many valuable plates. 



The Librarian reports that greater use has been made of the Library 

 during the past year than the preceding one, 131 volumes having been 

 borrowed. Thus the advantage arising from the operation of the bye-law 

 which made the Library daily accessible to Members is once more forcibly 

 confirmed. 



In conclusion, the Council has the satisfaction of pointing to the 

 increasing interest in the meetings evinced by our Members and their 

 friends, the attendance-list showing that the twelve ordinary meetings held 

 during the year 1876 were attended by 322 Members and Visitors, while 

 at the same number of meetings during 1877 there were 334 attendances, 

 and during the past year there were 341 attendances. 



11, Chandos Street, Cavendish Square, W. 

 January 15th, 1879. 



Mr. M'Lachlan proposed and Mr. Wood-Mason seconded the adoption 

 of the Council's Report. . The motion was put to the Meeting and carried 

 unanimously. 



An address was delivered by the President. 



Sir Sidney Saunders and Mr. E. Boscher were appointed scrutineers. 



