8 
These items will be spoken of and fully explained in 
subsequent parts of the Council’s Report. 
c. Davis Trust-fund. 
The interest of the Davis Bequest, the nature of which 
was fully explained to the Society in the last Report, 
amounted in 1872 to £58 11s. 10d. This sum the Council, 
after carefully considering various applications for it, again 
determined to devote to the use of the “ Zoological Record 
Association,” for assistance in the publication of the 
‘ Zoological Record’ for 1872. 
d. Reserve Funds. 
The Society’s Reserve Fund consists of a sum of £8000 
3 per Cents Reduced. 
The Council, however, have decided that the Reserve 
Fund ought to stand at a higher figure, and have deter- 
mined after the expiration of the present year to add to it 
in the following way :—first, by reinvesting the dividends 
received from the Reduced 3 per Cents at compound 
interest ; and secondly, by purchasing an additional sum 
of five hundred pounds-worth of like 3 per Cents every 
ear. 
: e. Assets and Liabilities. 
The Assets of the Society on the 31st of December 1872, 
and corresponding amounts on the 31st of December 1871, 
stand as follows :— 
December 31. 
1871. 1872. 
ere fa: 7d. a ee ores 
Cash at the Bankers’ ......cccccsssevesceerecens 1128 17 11] 1956 6 4 
Paid for £8000 Red. ©...s0c..s.seseseevessveress 7015 19 4] 751519 4 
Arrears due for Annual Subscriptions ...... 516 0 O} 3865 0 O 
i BMMUVOLY LICKCLS\<...1s-.ceaceecess 1010 O 8 8 0 
3) Bablications ......2.0..-..-0- 131 0 7} 180 1 38 
¥ », Garden Sales ...............00. 293 6 6 2411 2 
‘9 » RentforRefreshment-rooms}) 164 0 0 82 0 0 
9759 14 4/10,532 6 1 
Increase............ 7Vi2 Lh. 9.| seaeeettoese 
10,532 6 1/10,532 6 1 
