expenses incidental to the Promenades, presents a decrease 

 of £\ 13. 3*. AcL, although the number of performances was 

 increased to twelve. 



The payment of £396. 9*. \\d. under the miscellaneous 

 head of " Menagerie Expenses" presents a decrease of 

 £83. 2s. 6d. 



The payment of £2051. 145. 2d. for Prowmow*, presents 

 the important decrease of £201. 'Js. lOd., notwithstanding 

 that the collection of animals was much more numerous. 

 And, if the present prices continue, the Council have little 

 doubt that they will be able to effect a still further saving. 



A decrease of £159. 6s. in the Salaries, results from the 

 present discontinuance of the office of Assistant Secretary. 



The most important decrease of £1079. As. 9d. is pre- 

 sented in the payment on account of previous years, in con- 

 sequence of the accounts of 1847 having been paid up as 

 closely as possible before the end of that year. 



c. Assets and Liabilities. 



The Extraordinary Expenditure, which appeared abso- 

 lutely necessary vinder the existing circumstances of the 

 Society, and which has added so many important features 

 of attraction to the Gardens, rendered it necessary to re- 

 duce the Funded Capital by the sale of £1972. 5*. 11<^. 

 Stock : and therefore on the 31st of December the Assets 

 in Government Securities and in Cash at the Bankers pre- 

 sented a decrease of £1669. 7*' 1^- compared with 1847. 

 The exact statement being : — 



1847. 

 £ s. d. 

 Cash at Bankers... 240 19 11 

 Stock 6972 5 1 



The Liabilities on the 31st of December amounted to 

 £1750, of which £623. 12*. 6d. consisted of Rent due to 

 the Crown ; concerning the reduction of which the Council 

 have advanced strong claims on three several occasions to 

 Her Majesty's Government. 



