INTRODUCTORY PROCEEDINGS. xv 



Statement of Resources and Liabilities. 

 Resources. 



Membership dues $2,525 00 



Deductions : — ■ 



Deaths $40 00 



Resignations 200 00 



Doubtful accounts 200 00 



440 00 



$2,085 00 



Dues from dealers and individuals for volumes 748 00 



Office furniture and equipment at 30 per cent of cost 885 00 



Publications on hand : — 



Previous to volume No. 18 at 50 per cent of cost] f- jaa -ty 



Volumes Nos. 19 to 25, inclusive, at cost ) ' 



Investments : — 



Municipal Bonds, City of New York, at par $12,000 00 



4 Baltimore and Ohio R. R. Bonds, 1933 convertible, at cost. . 3,925 00 

 3 Central Pacific Railway Co. Bonds, 1949, 1st refunding, at 



cost 2,651 25 



2 Morris and Essex Bonds, 2,000 refunding, at cost 1,732 50 



Liberty Loan Bonds 2,990 00 



23,298 75 



Cash on deposit, Franklin Trust Company $4,910 53 



Cash on hand 42 94 



4,953 47 



Total resources $38,714 59 



Liabilities. 



Annual banquet, 1918, paid in advance $460 00 



Siubscriptions for expenses 1918 annual meeting 2,400 00 



Members' fees and dues paid in advance 390 00 



Volumes paid for and and not delivered owing to transportation embargo. ... 197 21 



Junior prize donations, H. L. Aldrich, Member of Council 100 00 



Total liabilities $3,547 21 



Society's present worth at October 31, 1918* 35,167 38 



$38,714 59 



*By the provisions of the Endowment Fund, adopted in 1914, the division of the Society's present worth 

 at October 31, 1918, is as follows : — 



Balance at November 1, 1917 $15,950 00 



Additions, 1917-1918:— 



Membership entrance fees $1,540 00 



Investment income, municipal bonds 490 00 



2,030 00 



Balance at October 31, 1918, Endowment Fund $17,980 00 



Net assets other than Endowment Fund 17,187 38 



$35,167 38 



The financial statements have been verified by Webster & Mills, Certified Public Ac- 

 countants of New York. 



Respectfully submitted, 



Daniel H. Cox, 

 Secretary-Treasurer. 



