i891.] Annual Report. 15 



The other Trustees on behalf of the Society were — 

 Dr. A. F. R. Hoernle. 

 A. Pedler, Esq. 

 Dr. D. D. Cunningham. 

 C. Little, Esq. 



Finance. 



The accounts of the Society are shown in Statement No, 1 in the 

 appendix under the usual heads. 



Statement No. 8 contains the Balance Sheet of the Society, and of 

 the different funds administered through it. 



The Budget Estimate for 1890 was taken at the following figures — 

 Receipts Rs. 13,900, Expenditure Rs. 13,840. The actual results were, 

 Receipts Rs. 18,758 and Expenditure Rs. 21,239. 



The increase in Receipts is under the heads of Subscriptions, Sales 

 of Pablications, and Interest. Subscriptions were estimated at Rs. 

 7,340, whilst the actuals were Rs. 7,740, the excess being due to the 

 Government Subscription to the Society's publications having been 

 realized for the two years 1889 and 1890. Sales of Publications show 

 an increase of Rs. 867, owing to receipts from the sale of the extra 

 number of the Journal, Part I, containing Mr. Grrierson's " Modern 

 Vernacular Literature of Hindustan." This was expected when the 

 estimate was prepared, as explained in the Report for last year, but 

 no change was made in the estimate, it not being possible to anticipate 

 what the amount might be. Interest on Investments was estimated at 

 at Rs. 6,100, the actuals have been Rs. 9,349. The large increase of 

 Rs. 3,249 has arisen from the transfer in July last of Rs. 1,20,000 of the 

 " Permanent Reserve Fund " from the 4| per cent, to the 4 per cent, 

 loan, the Government having paid in advance the excess interest of J 

 per cent, to September 1893 (when the loan matures) , to induce holders 

 to make the transfer ; and to interest for three months having been 

 received at 4 per cent, the payments of interest now falling due in the 

 months of June and December, whereas under the former loan they 

 were due in March and September. 



There is also a new receipt of Rs. 300 from the Photographic 

 Society for rent of the two rooms they occupy in the Society's building. 

 The expenditure has exceeded the estimate by the large sum of 

 Rs. 7,399, of which Rs. 6,723 is on account of the Journal and Proceed- 

 ings. This is due partly to the payment of Rs. 1,402 for printing Mr. 

 Grierson's book on the '* Modern Vernacular Literature of Hindustan," 

 forming an extra number to the Journal, Part I for 1888, and partly to 

 excess payment of Rs. 4,100 on account of the Journal, Part II, caused 

 by the adjustment of £177 for plates charged in Triibner's account for 



