470 PHILOSOPHICAL SOCIETY OF WASHINGTON. 
authorized him to exchange Cosmos Club bonds of the first issue 
on hand for those of the second and third issues, so as to retain, 
if practicable, the same amount of investment in these bonds 
as then held, inasmuch as the bonds of the first issue are now 
being redeemed by the Club. Several exchanges of these bonds 
have been effected through the kind cooperation of Mr. Wm. A. 
De Caindry, treasurer of the Cosmos Club. 
The transactions in bonds during the year are as follows: 
Redeemed one $100 Cosmos Club 5 per cent, bond of 1886; 
sold two $100 Cosmos Club 5 per cent, bonds of 1886; purchased 
two $100 Cosmos Club 5 per cent, bonds of 1891; purchased one 
$1,000 Columbia Street Railway 6 per cent, bond; exchanged 
five $100 Cosmos Club 5 per cent, bonds of 1886 for five of 1893, 
making a net increase of $900, face value, in the bond invest¬ 
ments of the Society. These investments now amount to $6,100 
in securities, which are deposited in the Society’s box with the 
National Safe Deposit, Loan and Trust Company, as follows: 
Two U. S. 4 per cent, registered bonds, No. 64,596, for $500, 
and No. 135,639, for $1,000 ; twenty-nine Cosmos Club 5 per cent, 
bonds of 1886 for $100 each, Nos. 70,119,120,121,122,123,124, 
125. 126, 127, 128, 129, 130, 135, 136, 155, 156,159,161,162,163, 
164,165,166,167,185,193,194,195; two Cosmos Club 5 per cent. 
bonds of 1891 for $100 each, Nos. 217 and 245 ; five Cosmos Club 
5 per cent, bonds of 1893 for $100 each, Nos. 1, 53, 56, 57, and 
81; one Columbia Street Railway 6 per cent, bond, No. 299, for 
$ 1 , 000 . 
The present assets of the Society are : 
The securities, deposited as stated, face value. $6,100 00 
Cash balance with the Riggs National Bank, as per 
statement appended. 712 42 
Unpaid dues. 110 00 
Total. $6,922 42 
There are no outstanding liabilities to report. 
Respectfully submitted. 
R. Birnie, 
Treasurer. 
