28 Anniml BejpoH. [Feb. 



the Natural and Physical Sciences in this country : but before taking any 

 definite steps in this direction, the Council consider it essential that this 

 Permanent Reserve Fund shall be brought up to at least Rs. 1,50,000, so 

 as to give the Society an income of not less than Rs. 6,000 per annum, 

 independently of subscriptions. How far the Council will be able to do 

 this at once will depend on the amount to be spent in repairs and fitting 

 up the Society's Rooms. 



As regards the present financial condition of the Society, the Council 

 have the pleasure to report that the Assets of the Society at the close of 

 1876 consisted of : — 



Government Securities, Rs. 1,53,000 



Balance in Bank of Bengal, „ 3,749 10 9 



• Cash in hand, „ 218 6 3 



Rs. 1,56,968 1 

 of which Rs. 1,53,000 are actually invested in Grovernment Securities, 

 Rs. 5,000 of Government paper having been sold to meet the expenses of the 

 repairs of the house. A farther sum of Rs. 19,000 has yet to be paid on- 

 accoum of repairs, furniture, &c., but the Council fully expect that when 

 all expenses have been paid connected with the repairs and refitting of the 

 Society's rooms, there will remain the sum of Rs. 1,38,000 to the credit of 

 the Society. 



The total subscriptions realized from Members amounted during the 

 year under review to Rs. 9,009, which is less by Rs. 751 than the total 

 subscriptions collected during the previous year. The outstandings of the 

 Society up to the 31st December 1876, amount to the large sum of 

 Rs. 6,270. The arrears due to the Society at the end of 1875 were Rs. 6,561, 

 upon which amount the slight reduction of Rs. 291 has been effected. The 

 Council would urge upon Members the importance of punctual payment of 

 their subscriptions. The expenditure on account of repairs, &c., during 

 1877 will be heavy ; and the early paying up of all arrears would render it 

 to a great extent unnecessary to touch the vested capital of the Society. 



The following is a statement of the receipts and disbursements of the 

 Society during the year : 



Receipts. 

 1875. 



Subscriptions, ... ... Rs. 



Admission Fees, ... ... 



Publications, 



Library, 



Secretary's Office, 



Vested Funds, 



Building, 



9,760 15 







930 







1,729 10 







411 14 







24 15 



6 



449 







4,800 







