( ^Iv ) 
sum derived from the Sales of Publications shows a con- 
siderable diminution, but this is always a capricious item. 
Three Life Compositions were received during the year, and 
have been invested in Consols, making the total sum so 
invested £503 3s., representing £518 2s. 6d. Consols. 
On the side of payments there is nothing that calls for 
special remark, excepting a gratifying reduction of the Office 
Expenses. The cost of production of the Transactions for 1895 
(and miscellaneous printing) is about the same as in 1894, 
notwithstanding that in the latter year we had an extra- 
ordinary Donation towards General and Library expenses ; 
as a final result the balance of £29 2s. 7d. in hand on the 
1st January, 1895, dwindled to £12 14s. 7d. by the 31st 
December, making it evident that had it not been for the 
saving in Office Expenses there would have been a slight 
deficit. 
11, Chandos Street, Cavendish Square, W. 
15th January, 1896. 
The Secretaries not having received any notice proposing 
to substitute other names than those contained in the lists 
prepared by the Council, the following Fellows constitute the 
Council for 1896 :— Walter F. H. Blandford, M.A., F.Z.S. ; 
George C. Champion, F.Z.S. ; The Kev. Canon Fowler, 
M.A., F.L.S. ; Herbert Goss, F.L.S. ; George Francis Hamp- 
son, B.A. ; Kobert McLachlan, F.E.S. ; Prof. Eaphael Meldola, 
F.R.S. ; Prof. Edward B. Poulton, M.A., F.R.S. ; Osbert 
Salvin, M.A., F.R S. ; Dr. David Sharp, M.A., F.R.S. ; 
Roland Trimen, F.R S. ; the Right Hon. Lord Walsing- 
ham, M.A., LL.D., F.R.S. ; and Colonel John William 
Yerbury, R.A. 
The following are the Officers elected : — President, Professor 
Raphael Meldola ; Treasurer , Mr. Robert McLachlan ; Secre- 
taries, Mr. Herbert Goss and the Rev. Canon Fowler ; 
Ijihrarian, Mr. George C. Champion. 
Professor Meldola, the President, then delivered an Address, 
at the conclusion of which Mr. C. G. Barrett proposed a 
