7 
The Auditors congratulate the Society on the improved 
state of its finances, even when compared with that of the 
preceding very prosperous year, the Receipts having increased 
by the sum of £921 17s. 8d., and the Expenses diminished 
by that of £1183 6s.; while the Assets at the end of the year 
show an increase of £2026 Os. 8d., with a corresponding ad- 
dition of only £337 10s. 9d. to the Liabilities. 
The temporary falling off of receipts from visitors to the 
Gardens must be attributed to the very unfavourable weather, 
as the election of 405 new Fellows during the past year is a 
clear proof of the increasing interest taken in the objects of 
the Society. 
The number of Compositions is less than in 1865, in which 
year the amount received under this head was so great that a 
decrease was to be expected. A trifling decrease also appears 
in the sum received for Past Admission Fees and Subscrip- 
tions, and the Rent for the Refreshment Room is unchanged ; 
but all the other sources of income show a considerable in- 
crease. 
The Auditors beg to express their satisfaction with the in- 
creased prosperity of the Society under somewhat unfavour- 
able circumstances; and in conclusion they assure the Fellows 
of their entire and hearty concurrence in the opinion of former 
Auditors as to the admirably clear and accurate manner in 
which Mr. Leigh has arranged and laid before them the 
accounts. 
Epw. GREENAWAY. 
EDWARD JOHNSTONE. 
WixiuiaAmM Martyn. 
Rosert Low. 
JAMES TENNANT. 
OsBeERT SALVIN. 
Joan W. Cuark. 
11 Hanover Square, PRESENTED 
February 26, 1867. **0~ 4+) 444 
24 APR. 1903 
