XXVIII PHILOSOPHICAL SOCIETY OF WASHINGTON. 
REPORT OF THE TREASURER. 
Mr. President and Gentlemen: ° 
The report which I have the honor to present to you to-night 
covers the pecuniary transactions of the fiscal year which termi- 
nates with this meeting. 
You will see from the statement which I shall presently read 
that the total receipts by the Treasurer have been $1,224.04, and 
the total disbursements $740.02, leaving a cash balance of $484.02. 
These sums do not, however, represent the net income and expendi- 
ture for the year, since the receipts include a balance transferred 
by the former Treasurer, and the amount collected of unpaid dues 
of previous years. The payments, also, include the sum of $104.12, 
for unpaid debts of 1884, 
All the liabilities of the Society have been discharged to date, 
and the actual income belonging to 1885 has been $1,041.00, which 
includes $205.00 of dues yet outstanding. The disbursements for 
the same period have been $635.90, leaving a net saving for the cur- 
rent year of $405.10. 
The unpaid dues of former years which have been collected, 
amount to $160.00. 
The Government bonds which belong to the Society were at the 
beginning of the year exchanged for new issues of the same 
amounts and denominations. This was done, under authority of 
the General Committee, in order to obtain uniformity in the 
designation of the Society, the former bonds having varied from 
each other in that particular. The bonds consist of: — 
1 $1,000 00 bond, bearing interest at 4 per cent. 
1 500 00 (73 “ “cc 4 79 
il! 1,000 00 a3 6c “ 4} fg 
Total, $2,500 00. 
The assets of the Society are as follows: — 
Cash, with Riggs & Co. 3 : $482 02 
Bonds j ; ; , ! ; 2,500 00 
Unpaid dues. : i : : 295 00. 
Total ; 2 2 ; . $3,279 02 
The market value of the bonds is, of course, considerably in 
excess of their face value; on the other hand, a part of the “un- 
paid dues” will probably not be collected. 
I have in my possession a still ample stock of the Bulletins. 
A copy of Vol. VII was seut directly after its publication in 
February last to every member entitled to receive it, as well as to 
the various societies and scientific journals, at home and abroad, 
with which it has been customary for the Society to exchange 
publications. 
