325 
£101. 6s. lid. m hand on 1st January last, the difference 
between which sum and the balance of £54. Os. 6d., debtor 
on the general account, forms the balance of £47. 6s. 5d in 
the Annual Balance Sheet. 
8. The Council would he glad to find the Annual Subscrip- 
tions increased, so as to enable them next year entirely to 
separate those two accounts, and to meet the ordinary annual 
expenditure out of ordinary income, without either trenching 
upon the Life Subscriptions, which have been invested, or the 
subscriptions to the Special Fund. These subscriptions, 
however, it is right to explain, were partly for the purpose of 
meeting the increased annual rent and other expenses, conse- 
quent upon the removal into more commodious premises, till 
the income of the Society should be increased and become 
lnliy equal to the ordinary expenditure, which it still barelv 
now is. J 
9. It will also be observed that the past year’s expenditure 
contains five quarters rent, owing to a more prompt pay- 
ment on removal; also an increased amount for advertising-— it 
having been frequently urged upon the Council that the 
Institute was not made sufficiently known to the public; and 
ttV% alS0 a M tem ? f f -, 20 - ls -’ bein S tlie balance of a 
which it was thought desirable to write off, after every 
endeavour had been made to secure its recovery. 
i . Ihe arrears of subscriptions are now as follows : — 
Members 
1st Class Associates. 
2nd „ 
1866. 1867. 
1 9 
4 
4 
1 
14 
1868. 
14 
20 
1869. 
17 
3 
9 
29 
flic Council have refrained from at present striking off the 
n^iVd P r S i entlD ? tLeS f arrears > as some hav e been distinctly 
onTccouut of e + lf a ^ and i . SOm ° 1 m ' 6 believed t0 be leffc un P a 'd 
on account of those by whom they are due being abroad. To 
sub cltion r r 7 e be ?f re S, ulai ' ] y sent > for periods for which 
trust w'll T due ’™ tbont being returned; and the Council 
these n 7 1 b ® saved the P ainfu] dut y of reporting any of 
Vk7oi a W> aS t d6f m tGrS ’ *° be Struck off the roll® of Ve 
considered 77“*% t They P r0 P 0Se > however, that it shall be 
names of' dnt7 A at * heir discr etion, to strike off the 
in arrenr d i ^ u- ^- ssocla t es who are more than two years 
when tW d d t0 P, ub lsh suoh names in future Annual Eeports 
when they deem this course advisable. 1 
