16 Annual Beport. [Feb. 



1888, which only came to hand in December last, and to larger pay- 

 ments for printing, owing to some of the Baptist Mission Press bills for 

 1889 not having been paid in that year. The Proceedings also show an 

 increase of Rs. 1,150 from the same cause. 



The actual expenditure on the Journal and Proceedings was as 

 follows : — 



r Fart I.— Rs. 8,206 

 Journal [paH IL- „ 6,364 



Proceedings. — ,, 2,053 



Total Rs. Ilj623 



against a budget provision of Rs. 4,900. There is still a sum of £48 

 due to Messrs. Triibner for plates for Part II supplied in 1889, which 

 will be Skdjusted on receipt of their accounts for that year. 



The other items of increase are of small amount, being Rs. 279 for 

 Books. Rs. 193 for carrying out alterations in the drainage under a 

 notice from the Municipality, Rs. 122 for printing Circulars and forms, 

 Rs. 66 for printing the Catalogue of Tibetan Xylographs, and Rs. 35 

 for purchasing a copper-plate ; particulars of the plate were given in 

 the Proceedings for December 1890. 



The budget estimate for the present year has been fixed as follows. 

 Receipts Rs. 15,570. Expenditure Rs. 14,323. On the receipt side the 

 estimate for Subscriptions has been raised to Rs. 7,500, in consequence 

 of the rates of subscription to the Journal and Proceedings having 

 been brought back to those which obtained prior to 1886, when they 

 were lowered in the hope of causing an increase of sales. There will 

 be the full receipt of Rs. 720 this year for rent of the two rooms 

 occupied by the Photographic Society, and also a new item for Ad- 

 mission Fees, which has been taken at Rs. 700, these are now to be 

 treated as Ordinary income instead of being added to the *' Reserve 

 Fund." Miscellaneous has been increased by Rs 800 in expectation of 

 a refund of Income Tax erroneously deducted in past years from the 

 interest on the Government Securities belonging to the Society, the Col- 

 lector of Income Tax having granted a certificate that it is not liable 

 to assessment under the Income Tax Act. The head of Interest on 

 Investments has been taken on the amount now held in securities, but 

 there will be an increase if the proposal to invest a portion of the Funds 

 in Municipal or other Debentures bearing a higher rate of interest is 

 carried out. 



On the expenditure side the changes in last year's estimate are small. 

 Postage has been increased by Rs. 100, in consequence of the Society's 

 publications being now sent to Mofussil and Foreign Members, and 



