Iii their desire to comply with the frequent demands for the completion of 

 unfinished works, the Council incurred an unusually large expenditure on letter- 

 press printing and binding; and the total cost of the volume for 1907 exceeded 

 the income for the year by the sum of £1 14-s. Id. The bill for binding, however, 

 was no! received in time to be pa/id before olst December, so that the balance of 

 L'l !•■*> 5s. Od. with which the year began had actually risen to £200 16s. lQil. when 

 ii ended. This balance included a sum of £89 5s. lOd. received from the sale of 

 back stock at the reduced rate decided upon in 1906 ; and it must be added that 

 the Society was spared the expense of many illustrations. The Carnegie Trust for 

 the Universities of Scotland was again so generous as to provide the five plates 

 tor the illustration of Dr. Traquair's Monograph of " Carboniferous Ganoid 

 Fishes " ; while Miss Slater and the Misses Elles and Wood presented all the 

 original drawings for their Monographs. It is therefore clear that the subscrip- 

 tions of members alone would have been far from sufficient to produce the 

 publications issued to them. The Council would indeed welcome an accession of 

 new subscribers to replace those who have recently been lost by death. 



The thanks of the Society are due to the Council of the Geological Society 

 for permission both to store the stock of back volumes and to hold the Council 

 Meetings and the Annual General Meeting in their apartments. 



In conclusion, it is proposed that the retiring members of Council be Miss 

 Crosfield, Bishop Mitchinson, Dr. Kitchin, and Mr. Burrows; that the new members 

 be Mrs. Longstaff, Mr. H. A. Allen, Dr. F. A. Bather, and Mr. William Hill; 

 that the President be Dr. Henry Woodward ; the Treasurer, Dr. G. J. Hinde ; 

 and the Secretary, Dr. A. Smith Woodward. 



Annexed is the Balance-sheet. 



