FINANCES OF THE SOCIETY. 
The Accounts for the past year, which had previously been 
printed and circulated amongst the Members, were held as read. 
The following is a short abstract of the Accounts :— 
INCOME. EXPENDITURE. 
airares ant 3 q | 1. Printing and Station- 
. Ordinary Subscriptions, . £214 19 0 | ceaaide “£75 210 
Less Receipts 
. Life Subseriptions, . eeorde L2tHO for Advertise: 
| ments, . PDT L2G 
. Donations, 4 : : L716. 4 ———— £5310 4 
2. Prizes, 3 : : o>, SOanGEee 
. Bank Interest and Miscellan- | 3. Expenses of Management, . 76 11 11 
eous, : : : : 9 2 2 148 8 5 
| Balance of Income over Ex- 
penditure, . : ~ 169 
a —— 
£317 9 6 £317 9 6 
The total funds of the Society at 31st December 1897 
amounted to £454, 6s. ld., of which £399, 3s, 2d. had been 
invested, in the names of the Trustees, in the purchase of £266 
Caledonian Railway Co. 4 % Guaranteed Annuity Stock No. 2. 
The arrears of subscriptions carried forward amounted to 
£22, 6s. 6d. 
On the motion of Mr W. M. Wetsn, Convener of the Finance 
Committee, the Accounts were approved of. 
Excursion Funp. 
The Secretary mentioned that as the Accounts in connection 
with the Excursion to Ireland in August last could not yet be 
closed, the position of this Fund would be reported at a future 
meeting. 
A PLEA For A Forest AREA. 
Mr Munro Ferguson, M.P., in demitting the office of President 
which he had held for the last four years, thanked the Council 
and the Members for all they had done to make the Society a 
success during his term. They had seen a good deal done during 
the last three or four years. They had been not uneventful 
years in the history of Scottish forestry, and he was proud to 
