.‘54 
OFFlCKll.s’ REl'OKTS FOR 1U50 
(•oiTesiK)iidence. The balance may be attributed to the membership 
drive and from the increased foreign correspondence now at higher rates. 
Through an unfortunate chain of circumstances as a result of which 
the attendance did not reach the total ex])ected for luncheon during the 
Conference the Society incurred a loss of £12 4s 6d. 
It will be noticed that the balance of Miss Trower’s Fund has been 
transferred to the Journal Fund to help in defraying the costs of illus- 
trations in Watsonia, Part vi. 
Members Avill recall that the Publications Fund was originally set 
up to accumulate balances from sales of both the Comital Flora and 
the British Plant TAst earmarked for new editions of these works. As 
the stock of both books is now low these balances aro likely to be re- 
quired as soon as the necessary revision can be undertaken. Next year 
it will be necessary to debit this fund with the cost of the Conference 
Peport (say £200) but it is expected that sales of this and the earlier 
Conferenoe Peport will eventually cover this cost. Once again the 
Poyal Society has come to our aid and made a generous grant of £200 
towards the cost of WatsoiAa and this has been credited to the Journal 
Fund. 
The total amount outstanding to the credit of members at the end 
of the year in respect of subscriptions paid in advance amounts to 
£113 18s. 
Now that the Society no longer has an Hon. Assistant Treasurer 
may I ask that members pay their subscriptions as promptly as possible, 
thus saving, not only the necessity of reminders, but also expenses in 
stationery and postages. 
I would like to express my sincere thanks to Mr J. E. Lousley, the 
previous holder of this office, for his expert guidance in many matters 
of finance on which I have so frequently sought his advice. To Mr C. L. 
Collenette, our Honorary Auditor, I would also express my warm thanks 
for his valuable assistance with the yearly accounts. 
December 31st, 1950. Eric L. Swann. 
REPOPT OF THE HONORARY EDITOR FOR 1950. 
Three parts of Watsonia appeared during the year — in January, 
June and December — thus completing Volume I. The delay in the last 
part was partly due to the Editor’s absence in Scandinavia for two 
montlis and partly to the necessity for arranging the lay-out of the 
Title Page, Index, etc. 
Material for Volume II, Part i, is in the printer’s hands and galley 
I)i'oofs of some of it have been received. 
The design of the cover continues to receive attention but no. final 
decision has yet been reached. 
It is gratifying to report that the advertising campaign initiated 
by the Council has produced such satisfactory results. I would like to 
thank the members of the Advertising Committee for their admirable 
