25 
Mr. Levey observed that the financial statement was only brought 
down to August last, and asked what was the present condition of 
the Society's finances. 
The Secretary stated that the account was overdrawn at the Bank 
to the extent of .£500, that the outstanding unpaid accounts 
amounted to about £400, and that £2000 was due from the Govern¬ 
ment grant for 1867. 
Mr. Levey :—Then the Society is perfectly solvent ? 
The Secretary :—Yes, more than solvent. 
The Chairman then said he had a few observations to make on the 
Aim-ora goat, the introduction of which had so largely occupied both 
the energies and funds of the Society. It was an animal which had 
been found to answer admirably in our climate, and from the im¬ 
provement in the fleece which had already taken place, lie had no 
doubt that before long the fleece of the Victorian Angora would 
eclipse that of the goat in its native country, to quite as great an 
extent as tho fleece of the Australian merino surpassed that of the 
Spanish merino. In addition to the splendid flock, numbering up¬ 
wards of 200, now in the Royal Park, the Society had during the 
past year scattered 70 male kids throughout the colony, with a view 
to the amelioration of the common goat; and in order to show of what 
importance this was, lie would beg the indulgence of the audieuco 
wliilst-he read an extract from a pamphlet published some years ago 
in Sydney, by Mr. W. E. Riley, a copy of which had been recently 
sent to the Society by Mr. Alexander Riley, of Rondale, Gipp’s Land. 
On the Advantage of Ameliorating the Common Goat, by Crossing 
them with the Fare Angora Bucks. 
« The milk of these animals, which M. Polonceau considers they 
yield in greater abundance than any other of their species, furnishes 
an excellent cheese, as also a very palatable butter, devoid of the 
rank savour it obtains when made from the common goat. 
“ According to a very minute analysis of the milk of the various 
breeds, by M. Barruel, principal chemist to the Faculty of Medicine 
of Paris ; it was fouud that the proportions of the Bulyraceous and 
Caseous properties, were as follows 
First Cross of the Common Gout with the pure Angora. 
Butter .. 
7.85 
Cheese .. 
. . 
37.00 
Saccharine matter 
33.25 
Extractive matter 
. . 
8.50 
Water 
913.40 
1000.00 
