1882.] Annual Beport. 23 



Finance. 



The accounts (wliich will be found in the Appendix) have been kept 

 in the mode introduced during the year 1880, and the Summaries are issued 

 in the same form as was adopted last year. 



The method has worked verj^ satisfactorily during the year, and has, 

 as was anticipated, considerably reduced the labour of their preparation and 

 added to their clearness and precision. 



An estimate of income and expenditure was prepared last year and 

 laid before the Society at its Annual Meeting. According to this it was 

 anticipated that the income would amount to Rs. 16,300 and the expendi- 

 ture to Rs. 15,816 and that there would probably be a small balance on the 

 favourable side of the accounts. This has not been realized. Owing 

 largely to the exertions of the officers of the Society, on the one hand 

 a much larger amount of the subscriptions for this j'-ear and the 

 outstanding debts was collected than was estimated, and on the other 

 a searching examination of the books showed that a larger amount 

 was due from Members than was indicated by the accounts before this 

 revision. 



The income of the Society was Rs. 19,588-10-2 or Rs. 2,688 in excess 

 of the anticijDated amount. 



The expenditure of the Society has, the Council regrets to state, been 

 not only considerably in excess of the estimate but also of the income. 

 The total for the year was Rs. 21,461-11-7 or Rs. 1,876-1-5 in excess of 

 income. 



This large expenditure is mainly due to increase in the important item 

 of Publications. The estimate passed by the Council was Rs. 6,310, whilst 

 the actual expenditure was Rs. 9,195-14-7. 



As the income of the Society barely suffices to pay the expenses as shewn 

 by estimate, it is, we consider, essential that measures should be taken to 

 secure due control over expenditure under this head, so that the Honorary 

 Secretaries in charge of publications may limit their expenditure to the 

 amount allowed for the year. 



The only other item in which the increase is ver3'- marked is that of 

 postage. This is due to the fact that the Society's Journals and Periodicals 

 are now forwarded by post in all cases to Members, whether in India or 

 in Europe. 



With the exception of this point the financial condition of the Society 

 is on the whole satisfactory. The Cashier recently engaged under arrange- 

 ments made by Mr. Douglas has taken much trouble und has performed 

 his duties satisfactorily. 



