28 



The Expenditure of the Society presents a decrease, com- 

 pared with 1851, of £4558 5*. ^d., but an increase of 

 £4238 35. 9c?., as compared with 1850; an increase in 

 "Salaries and Wages" of £249 16*. Ad., compared with 

 1851, and of £960 9s. \0d. over that of 1850, but of this 

 sum £154 17*. 6rf. was in the shape of Gratuities. The 

 "Cost of Provisions" for Animals is increased by £767 1*. If/., 

 over 185 1, and by £1361 14^. 9d. over 1 850. The expenditure 

 for "Advertisements " has decreased by £44 13«. lie?., com- 

 pared with 1851, but increased by £336 10*. Qd., compared 

 with 1850. The consideration of these three last items of ex- 

 penditure is particularly recommended to the Council, in the 

 hope that a reduction in the amount of each may be found 

 practicable. 



A large portion of the expenditure is for " Buildings and 

 Works connected," and " Other Works and Repairs, &c.," 

 amounting together to £4847: in 1851 £7923 8*. Gd. was 

 spent, and in 1850, £2186 17*. \d., amounting in three years 

 to £14,957 5*. ']d.'. these continued and large expenditures 

 have, it is hoped, placed the Buildings, &c. in a permanent 

 state of efficiency, and will doubtless prevent the necessity 

 of any further large outlay upon them. 



Assets and Liabilities. 



The Assets are diminished £5019 4*., by the sale of £5000 

 Reduced 3 per Cents., and by a smaller cash balance at the 

 Bankers, whilst the Liabilities are increased by £2166 10*. Sd., 

 the debts being estimated, on December 31, 1851, at £1470 

 19*. 9c?., and at the same period in 1852, at £363/ 10*. 5d. 

 It may as well be stated, that part of the estimated Assets 

 consist of " Annual Subscriptions " in arrear, amounting to 

 £887. As nearly £300 of this sum is clearly irreclaimable, 

 it will be perhaps better in future to write off this amount, or 



