xxii National Geographic Magazine. 



FIFTH ANNUAL REPORT OF THE TREASURER 



• {Presented to the Society December 23, 1892) 



To the President and Members of the National Geographic Society : 



I have the honor to submit herewith my annual report, show- 

 ing receipts and disbursements for the year ending December 23, 

 1892. 



The receipts for dues for 1892 amount to $2,165, an increase 

 over the receipts for 1891 of $705. 



The assets of the Society are : 



Amount invested in American Security and Trust 



Company 5 per cent bonds , $300 00 



Cash with Bell & Company 205 31 



Dues for 1892, unpaid ." 271 00 



$776 31 

 Tlie liabilities are : 



Outstanding bills (about) $215 00 



The cash on hand includes $50, dues for one life membership, 

 which should be reserved and invested in accordance with in- 

 structions received from the Board of Managers. 



Very respectfully, C. J. Bell, 



Treasurer. 



