diminished by the amount of £936 10*. Id. ; being an 

 improvement on the financial year of no less than 

 £1927 17 s- lOd.f as will appear from the following com- 

 parative statements :— 



This is a very great improvement as compared with the 

 corresponding period of last year, when the Assets ex- 

 hibited a deficit of £810 7*- 2d., which was barely 

 balanced by a diminution in the Liabilities to the amount 

 of £379 Ss. Sd. 



The " Investment Fund" has been increased during the 

 past year by the sum of £1068 7*' 5c?. It now exceeds 

 the total amount of Life Compositions by the sum of 

 £360 3 and the Council have therefore the satisfaction of 

 stating that this fund has not only reached but surpassed 

 the minimum which they formerly pledged themselves to 

 attain. 



c. Arrears. 



The Council cordially unite with the Committee of 

 Auditors in lamenting the large Arrear of Subscriptions 

 which still continues due to the Society, and beg once 

 more to press upon the attention of the Fellows the pro- 

 priety of paying their Subscriptions by general orders on 

 their respective bankers, as at once best calculated to save 

 themselves much inconvenience, and the Society a very 

 serious loss. 



