136 



The Correspondence lias largely increased in consequence of the 

 more extended circulation of the diiferent publications, a thousand or 

 more letters have been received by those having in charge the different 

 def)artments, and placed on file. 



The Publications. — The Historical Collections and the Pro- 

 ceedings have been continued as in previous years. Unavoidable cir- 

 cumstances have somewhat delayed their appearance. It is presumed 

 that, under the uevs^ arrangements of printing, they will be issued with 

 more punctuality, and be deserving of a good degree of patronage. 

 The American Naturalist, a popular Magazine of Natural History 

 recently commenced under the editorship of Messrs. Packard, Hyatt, 

 Morse, and Putnam, is a decided success, and is receiving a good 

 share of encouragement. It is published monthly, at $3.00 per annum. 



The establishment of Mr. E. Bicknell in Salem, for the prepara- 

 tion of Microscopic Slides, is doing much to encourage a taste for mi- 

 croscopic study. Mr. Bicknell is very successful in his preparations. 

 This establishment will prove insti-umental in the promotion of sev- 

 eral of the objects for which the Institute was organized. 



The establishment of a private Printing Office for the purpose of 

 printing the several publications of the Institute will enable the Insti- 

 tute to issue its publications more promptly and in a more finished 

 manner than heretofore. 



The Horticultural Exhibitions were omitted the past season in 

 consequence of the scarcity of fruit, and the presumed uncertainty of 

 having a display that would be creditable to the cultivators in this 

 county. 



The Treasurer presented the following statement of the financial 

 condition for the year ending May, 1867. 



General Account." 



Debits. 



Athenaeum; Pent, half Fuel, and Librarian, .... 0693.20 



Publications, $1,195.80; Salaries, $296.20; Gas, $14.00, . 1,506.00 



Express, etc., $39.58 ; Sundries, $151.57, 191.15 



To Historical account, 92.00 



To Natural History and Horticultural account, . . . . 9.06 



Balance in Treasury, 29.92 



2,521.33 



Credits. 



Balance of last year's account, $62.48 



Dividends Webster Bank, $40; Coupons U. S. Bonds, $36.50, 76.50 



United States Bond, $500 7-30s, 525.00 



Books, etc., $147.03; Athenaeum for Janitor, $104.00, . . 251.03 

 Sale of Publications, $636.32 ; Assessments, $970.00 . . 1,606.32 



$2,521.33 



