516 PROCEEDINGS OF THE ALBUQUERQUE MEETING 



Receipts for the fiscal year $671.78 



Previously reported 9,602.34 



Total receipts to date $10,274.12 



Charged, but not yet received: 



On 1906 account 80.00 



On 1907 account 35.40 



Total sales to date $10,389.52 



The bills for volume 18 have not been sent out to volume subscribers 

 yet, and the table given above includes only actual pa}Tnents. 



The cost of publishing the Bulletin, volumes 1-17, has been $33,414.91, 

 the average cost per volume being $1,965.58. These figures, however, do 

 not include the expense of distribution. The number of pages and illus- 

 trations in the volumes has increased so much during the past few years 

 that the price of subscription for libraries and foreign individuals should 

 be raised. The present price does not cover the actual cost of publication, 

 and is about one-third less than the price charged by other societies for 

 volumes corresponding with our Bulletin in number and size of pages and 

 plates and in quality of paper and printing. 



Expenses. — The following table gives the cost of administration and of 

 Bulletin distribution during the past year. The expense of moving the 

 Secretary's office from Eochester to ISTew York has made the outgo for 

 "Administration" unusually high. 



EXPENDITURE OF SECEETAEY'S OFFICE DURING THE FISCAL YEAR ENDING NOVEMBER 



30, 1907 



Account of Administration 



Postage and telegrams ' $37.73 



Bxpressage and freight 14.73 



Printing (including stationery) 240.38 



Addressograph linlis 1.34 



Binding 3 copies volume 17 3.00 



Office furniture and storage closet 136.63 



Meetings (expenses of Cordilleran Section) 16.31 



Total $450.12 



Account of Bulletin 



Postage $138.63 



Expressage and freight 80.40 



Paper and printing 11.15 



Addressograph links .50 



Laborers 5.50 



Storage closet 51.45 



Binding set of Bulletin 28.60 



Collection of checlis 4.75 



Total $320.98 



Total expenses for the year $771.10 



