16 Annual Tle/po-ri> [Feb. 



have exceeded the budget estimate by more than five hnndred rupees, 

 part of which is accounted for by the receipt of a compounding fee from 

 a foreign member. The ordinary expenditure was estimated in the last 

 annual report to be Rs. 13,816, but the actual expenditure has been 

 Rs. 13,267-13-6. Leaving out of consideration the extraordinary expendi- 

 ture in building above referred to, the purchase of books has shown an 

 excess on the budget expenditure of Rs. 340-15-5 ; the expenditure on 

 the Journal has been smaller than that budgetted for by between seven 

 and eight hundred rupees, and the Proceedings show a diminished cost 

 of about a hundred rupees. There has thus been a total diminished 

 expenditure below the budget allotment. The expenditure on Part II of 

 the Journal in 1887 has been very heavy, and thus out of a total ex- 

 penditure of Rs. 3,421-2-6 on the Journal Rs. 3,000-10-3 have been de- 

 bited to Part II. 



The budget estimate for ordinary expenditure and receipts for 

 1888 does not show much change from that of 1887. The probable 

 receipts are put down as Rs. 14,000, and the ordinary expenditure at 

 Rs. 13,824. On the receipts side, the estimate under the heading " Sub- 

 scriptions " is based upon the average of the actual amounts received in 

 the past 3 years. The amount estimated to be received from the sale 

 of periodicals has been placed at Rs. 400; this estimate is Rs. 600 less 

 than that of the previous year, but it is rather larger than the actual 

 receipts of the past year. On the expenditure side the changes in the 

 estimated amounts are merely nominal ; and thus while in 1887, the esti- 

 mated ordinary expenditure stood at Rs. 13,816, for 1888 it stands at 

 Rs. 13,824. 



There will, however, be two extraordinary items of expenditure to 

 be dealt with during the year 1888. The first item will be the erection 

 of an iron railing in the place of the wall which has to be pulled down 

 to widen the footpath in Park Street, and the erection of a new 

 Durwan's lodge. The cost of these is estimated to be about four 

 thousand rupees, but against this more than two thousand rupees have 

 been received by the sale of the strip of land. The second large item 

 will be the continuation of the repairs to the Society's house, godowns 

 &c. for which a further estimate of more than two thousand rupees has 

 been sent in. If this work is carried out it will make a total expendi- 

 ture of about Rs. 5,000 on repairs in the two years, and this excess ex- 

 penditure will probably have to be temporarily met by the sale of 

 perhaps four or five thousand rupees of the Government Securities be- 

 longing to the Society. As before stated, such expenditure as this is 

 not strictly cbargeable to any one year, but should be equitably spread 

 over a period of years. 



