1905 



FORESTRY AND IRRIGATION 



26g 



REPORT OF THE TREASURER 



For Fiscal Year ended November 30, 1904. 

 Otto Luebkert, Treasurer, in Account with the American Forestry Association. 



DR. 



To Balance, December tst, 1903 $488 72 



Interest on bonds 180 oo 



Interest on deposits 19 54 



Dues, annual memberships. ... 3,646 03 



Dues, sustaining memberships. 350 oo 



Life memberships 400 oo 



Donations 3 oo 



Exchange on remittances 2 69 



To make good a bad check (Con- 

 tra) 4 oo 



$5,093 98 



CR. 



By " Forestry and Irrigation," De- 

 cember, 1903, to November, 



1904, inclusive $3 509 25 



Postage 150 oo 



Salary of Treasurer and clerk 



hire 219 35 



Interest on demand loan 25 25 



Expense of summer meeting, 



Minneapolis, 1903 50 oo 



Printing and stationery 264 80 



Payments on demand loan 800 oo 



To bank, to make good a bad 



check (Contra) 4 oo 



Refund of dues, overpaid 2 oo 



Sundries 8 25 



$5.032 90 

 Balance, December i, 1904. 61 08 



$5,093 98 



Special Fund for Secretary. 



DR. 



CR. 



To balance, December ist, 1903. . . $1,500 oo By Edward A. Bowers, for Secre- 



Contribution, Elizabeth S. 



Potter i ,000 oo 



Interest on deposit 31 75 



$2,531 75 



tary's expenses ............. $500 oo 



Expenses American Forest Con- 

 gress, Washington, January 

 2-6, 1905 ................... 500 oo 



fi,ooo oo 

 Balance December i, 1904. 1,531 75 



75 



DR. 



Additional Assets. 



Two Chicago and Eastern Illinois 



5 per cent bonds (purchase price) $2,305 oo 



Two Minneapolis and St. Louis R. 

 R. 4 per cent bonds (purchase 

 price) 1,982 50 



Dues outstanding 



Annual membership 764 oo 



Sustaining memberships 50 oo 



$5,ioi 50 



CR. 



Balance of loan on one Chicago and 

 Eistern Illinois bond $200 oo 



Net additional assets subject to 

 realization 4 9 O1 5 



$5,101 50 



It will be seen from the Statement of Receipts and Disbursements that the 

 Demand Loan, which was $1 .000 at the beginning of the year, has been reduced 

 to $200. It will be apparent from the foregoing that while the cash balance at 

 this date is about $400 less than a year ago, an actual gain of about $400 has 

 been made during the year 



