396 PROCKEDINGS OF MONTREAL MEETING. 
Three Fellows (S. F. Emmons, George O. Smith, and H. W. Turner) 
have commuted their dues for life by paying $100 each. One of these, 
by preference of the Treasurer, transferred to the Society a Cosmos Club 
bond for $100, and the invested fund is increased to that extent—from 
$2,900, as per last report, to $3,000 in this. 
The balance in the Treasurer’s hands November 30, 1896, was......... $1,274 87 
And the total receipts of the present year have been..... ...... -.--: 3,221 69 
$4,496 56 
While the disbursements have aggregated...... .....-..----.---- ... 2,403 48 
Thus leaving a balance in the treasury at the close of November 30, 
UB OZS Of wicatarsiseseun USM ee etal Peete etetoe tees Mee, MeN oe OB ACE $2,043 08 
The interest item of $49.84 accrued to the treasury from the policy of 
keeping funds not immediately needed to pay current bills on deposit 
with the Security Trust Company of Rochester, New York, which allows 
_ the Society 4 per cent interest on monthly balances. 
The interest on the permanent invested fund amounted to $170.50, 
and adding the last-mentioned item of $49.84, the total received from 
interest is $220.34, a very respectable sum. 
The detailed operations of the treasury are shown below: 
RECEIPTS 
Balance in the treasury November 30, 1896.... .... ....- $1,274 87 
Fellowship fees, 1895, 2..... .........--.--.----- $20 00 
a sce altS 9 GealO Re gee srr roca Bg Seay is 190 00 
es SBOE MIG QR sac aye tens clape eet aes 1,620 00 
a Great at oho oie Loieneear arenas tie depose enn 670.0 ae 10 00 
—— 1,840 00 
IbominenON WIL Wee cooadeam oor aecenes SoodceoccDsEDSG- oGoH 140 00 
Life commutation fees, 2......... Reo a «25 6 pra ee Oe 200 00 
Interest on investments : 
Tioga township, Kansas, bonds.............. $70 00 
Cosmos @lubybondstee nase ee eee eee: 82 50 
Tunnelton, Kingwood and Fairchance Railroad 
Onis)... .55 see sees ie ees eee ear 18 00 
On deposit in Security Trust Company, Roch- 
ester. New: Yorks itm cae ober rreretcare 49 84 
—_ — 220 34 
Sales of publications by the Secretary : 
Deposited with Security Trust Company, Rochester, New 
WOT his, Pea cca Sat cheie ESS SCORED eget eee Fae 821 3d 
Notalamvountroferecelptisimasen sees oer $4,496 56 
