January 10, 1913] 



SCIENCE 



67 



explanatory. An illustration of the methods 

 of some of the societies, and a test of their 

 thoroughness in keeping accounts is the an- 

 nual statement for the last year available 

 when this article was prepared, for each of 

 four large and active national societies in 

 kindred fields : namely. The American Acad- 

 emy of Political and Social Science, the Amer- 

 ican Economic Association, the American 

 Historical Association and the American Po- 

 litical Science Association. Following are 

 the reports of these four societies : 



The American Academy of Political and ' 



Social Science 



Summary of Income and Expenditures for 



the Year Ended December 31, 1910 



Cash on hand January 1, 1910 $7,745.38 



liicome 

 Annual membership fees ..$22,610.16 



Life memberships 709.64 



Special contributions 1,510.00 



Subscriptions to publications 



and sales thereof 8,274.70 



Income from investments . . 2,361.91 

 Income from bonds matured 4,500.00 



Interest on deposits 139.02 



40,105.43 



$47,850.81 



Expenditures 



Clerical services $6,008.18 



Printing stationery and post- 

 age in connection with 

 publication of Annals and 

 with general correspond- 

 ence 19,269.82 



Office expenses 2,851.01 



Expenses of meetings 2,243.74 



Profit and loss 5.00 



Investments purchased 



$12,975.00 



Interest, premiums and 

 commissions on above 

 purchases . . . 266.56 



$13,241.56 



43,619.31 



Balance, December 31, 1910 $4,231.50 



Distributed as follows: 

 jMortgage Trust Co. of 



Penna $3,807.50 



Centennial National Bank 200.00 



With A. S. Harvey 134.65 



With E. Tornquist 100.00 



$4,242.15 

 Less overdraft Academy 



Office 10.65 



$4,231.50 



Eeport of the Treasurer to the American Economic Association 



For the Year ending December 20, 1911 



I. balance sheet 



Sesoiirces 



Investment 



Cash on hand 



Stationery on hand 



Insurance (unexpired) 



Furniture and fixtures Sec.-Treas. 



Office 



Dues receivable 



Accounts receivable 



1,000.00 



390.03 



50.00 



32.00 



162.00 

 492.00 

 155.00 



$2,281.03 

 989.04 



Liabilities 



Bills payable $1,000.00 



Accounts payable 1,003.60 



Membership dues (prepaid) 674.82 



Guarantee fund (prepaid) 260.00 



Annual meeting (luncheoli tickets 



purchased in advance) 331.65 



$3,270.07 



$3,270.07 



