XXX PHILOSOPHICAL SOCIETY OF WASHINGTON. 
THE REPORT OF THE TREASURER. 
Mr. President and Gentlemen: 
The report which I shall presently have the honor to submit to 
you shows the total receipts and disbursements for the fiscal year 
ending with this meeting. 
The actual income belonging to the year 1886 was $878.00, and 
the expenditures for the same period were $451.50, leaving a net 
surplus of $426.50. 
The unpaid dues of former years which have been collected this 
year, amount to $175.00. 
By a resolution of the General Committee, passed May 22, 1886, 
the Treasurer was authorized to invest six hundred dollars of the 
surplus funds of the Society in six second-mortgage bonds of the 
Cosmos Club of this city. The present high premium on Govern- 
ment bonds reduces the annual interest upon them to about 2? per 
cent. The bonds purchased were obtained at par, and pay an 
interest of five per cent. per annum, the security being an extremely 
valuable piece of city property. 
The assets of the Society consist of: 
2 Government bonds, $1,000 and $500, at 4 per cent., $1,500 00 
1 a bond, 1,000, a Re 1,000 00 
6 Cosmos Club bonds, «5 ss 600 00 
Cash with Riggs & Cosi ite aa) 6 |e cwihel wii doe) ee 
Unpaid:dues cod cee. mad? 7S. nhs See ose 
PROBE cys sto gach Rach rd pputeoecins, «110 grag oi anaes elk ea 
Of the “unpaid dues” it is probable that a part cannot be col- 
lected; on the other hand, the market value of the bonds is in® 
excess of their face value. 
Volume VIII of the Bulletin was duly sent in February to all 
members entitled to receive it, and to the societies and scientific 
journals with which it is the custom of the Philosophical Society to 
exchange its publications. 
