7 



The increase of £140 lis. 8d. in the Salaries will be ob- 

 viated in future by the reductions, of which mention is 

 made hereafter. 



£463 3*. 4d. has been expended in the Purchase of Ani- 

 mals, but the Council feel that the increase of £121 9s. 4d., 

 as compared with 1846, is amply justified by the results. 



In the Carriage of Animals the expenditure presents an 

 increase of £100 12*. lid., -which is mainly attributable to 

 the valuable donations for which the Society has had occa- 

 sion to find means of transport. 



The apparent increase in the cost of Provisions is £304 

 18*. 6c?., which results from the payments for that item in 

 1846 extending to a shorter period. The real increase is 

 £106 13s. 9d., which, to adopt the remark of the Finance 

 Committee, has been fairly justified by the great addition 

 which has been made to the collection of Living Animals, 

 of 226 individuals. 



In the cost of preparations and labour on the Museum 

 Collection, in the Library, and in the House and Office Ex- 

 penses, there have been trifling increases of expenditure ; 

 but on the other hand, in the " Garden Expenses " there 

 has been a diminution of £91 13*. 8d. ; in the Promenade 

 Expenses, of £20 l^s. Id.; and in the Poultry Exhibition, 

 of £77 45. lid. 



For Works and Repairs the expenditure has not ex- 

 ceeded £522 145. 3d., presenting the important decrease 

 of £897 3*. 7d. ; — the result of the effectual system of per- 

 manent restoration which the Council have made it their 

 policy to adopt for some years past as regards the original 

 Buildings in the Gardens. 



Assets and Liabilities. 



The Income of 1847 not having produced the means, of 

 paying off the amount of Liabilities incurred in former 

 years, nor of entirely meeting the necessary expenditure, 

 the Council found it indispensable to convert a portion of 

 the Funded Capital for this purpose, and the Asset of 

 3 per cent. Consols has accordingly been reduced by the 

 sale of £2285 4s. 5d. Stock ; and on the 31st of December 

 the Funded Capital and Cash at the Bankers stood thus, 



