8 TRANSACTIONS, &c. 



FINANCES. 



The President received from F. W. Paine, Esq., Treasurer, the fol- 

 lowing statement of the Receipts and Expenditures of the Exhibi- 

 tion, made as nearly accurate as was in his power. 



Receipts — From New Members, - - $49 00 



At the Door of Exhibition, - 408 75 

 From Fruit sold - - . 52 49 



From Cotton Cloth sold, - ' 7 26 



$517 50 



Expenditures, estimated by those of 1853 : 



For Premiums, - - - $100 00 

 Expenses, . . . . loO 00 



For Civsh borrowed to pay for re- 

 pairing roof, taxes, and interest, 253 34 



$453 34 



$G4 1(5 

 Rents due Oct. 1, 1854, ... 400 00 



Nett Funds, - . . . . $.164 1(J 



Out of which the Treasurer proposes to 



pay, on Oct. 2, in part of debt of $8,850, 400 00 



Leaving for Contingencies, - - $04 00 



The President stated that the Society's Hall was estimated at 

 $16,000, in the City valuation for taxes, and yielded an income of 

 $1,600, from Rents which are considered desirable by good tenants, 

 under a reservation of so much of the building as is necessary for 

 the use of the Society. He thought it necessary to explain the fact, 

 that the income of the last nine months has paid no more than $550 

 of the debt of the Society, which, on the 2d of Oct. next, will 

 amount to $8,450, with annual interest from the 3d of July last. — 

 In the past season, the following extraordinary expenditures have 

 occurred : 



Repair of Roof of Hall, - - $147 17 



Insurance, - - - - - 77 00 



Iron Shutters, 295 50 



$519 67 



The necessity of Iron Shutters was apparent, last winter, when the 

 Hall was in iminent danger, from a fire which consumed wooden 

 buildings situated very near it in the rear. 



