it will be seen that a nearly corresponding increase has 

 taken place. 



To the Expenditure of the past year must be added the 

 sum of £1000, devoted to part repayment of the temporary 

 loan of £3000, obtained from the Society^s Bankers at 

 the close of 1887 under the circumstances mentioned in 

 the Council's last Report, and the sum of £1000 paid on 

 account of the principal of the Mortgage-debt on the 

 Society^s freehold premises according to usual practice. 

 Adding these sums to the Expenditure it will be found 

 that the total payments for the year 1888 were £24,139 

 I8s. 6d. The Receipts of the year having been £24,025 

 105. 8d., and the balance brought from the previous year 

 £1158 1*., this left a balance at the Society's Bankers on 

 the 31st of December last of £1043 13s. 2d., as shown by 

 the following summary : — 



c. Assets and Liabilities. 



The Assets and Liabilities of the Society on December 

 31, 1888, were estimated as follows: — 



ASSETS. 



£ s. d. 



Animals in the Menagerie in the Eegent's Park 25,798 ( I 



Books in the Library at Hanover Square 14,096 



Unsold Publications 3,182 



Stock of the Zoological Eecord 1,000 



Freehold Premises 25,000 



£1,900 London and South-Western Eailway New 4 per 



cent. Preference Stock (Davis Trust Fund) 2,375 



Cash at the Bankers (Messrs. Drummond) 1,043 13 2 



Arrears considered good : — £ s. d. 



Rent for Eefreshment Rooms 61 



Rent of Rooms at Hanover Square 63 15 



Garden Sales 64 11 



Subscriptions 75 



Publication Sales 101 



Zoological Record Sales 19 17 6 



385 3 6 



£72,879 16 8 



