MINUTES OF PROCEEDINGS OF 
year been sufficient to meet the current expenses, but that the amount 
of former bills owing at the close of the year 1860-61,* has been paid off 
from the same source. 
.The following brief abstract will shew clearly the position as regards 
income and expenditure for the past year :— 
Dr. Cr. 
£ s, a. 
Outlay for the past year (in¬ 
cluding payment of £464 
2 s. 8 i \d., bills due for former 
periods) . 1500 12 4 
Outstanding debts of R.A.I. 
(including balance of £11 
Os. 2 d. due to Messrs Cox 
and Co.).102 9 2 
Balance, Cr. 81 14 6| 
£ 1684 16 0£ 
£ s. d. 
Cash in hand 1st April, 1861 8 17 3 
Income for the past year. 1482 17 9£ 
Amount due by Members to 
R.A.I. 66 1 0 
Yalue in hand, printing 
paper, and stock kept for 
sale. 127 0 0 
£1684 16 0| 
There is farther a sum due to the Institution from Her Majesty's Govern¬ 
ment, for the sale of “ Hand Books," amounting to £253.f Besides this, 
the value of the “ Hand Books " yet unsold, about 1000, will in course of 
time realize a similar amount. 
On the whole then, as was anticipated in the Annual Beport of last year, 
the produce of the “Hand Book," together with a strict economy in 
matters of expenditure, have restored the funds of the Institution to their 
original flourishing condition. 
The state of the General Bund is as follows :— 
£ s. d. 
Consols and Cash. 702 2 10^ 
Balance Cr. on the last year’s Abstract (taking 
juto account outstanding debts and credits) 8114 6£ 
£783 17 5 
Printing and Publication .—The following is a list of the “Proceedings " 
and other papers printed during the year:— 
Beport of a Professional visit to the Continent by Artillery Officers. 
Obituary Notice of the late Lieut.-Col. W. M. Leake, B.A., extracted from the 
President’s address at Anniversary Meeting of the Geographical Society, May 1860. 
The Parallax of the Sextant, and its influence upon observed angles. By Captain 
Pray son, B.A. 
Beport of Ordnance Select Committee, Nos. 1178, 1263, Oct. 17, 1860. Iron 
Embrasures of special construction at Shoeburyness. Communicated by direction 
of the Secretary of State for War. 
On the determination of distances in the field. By Lieut.-Col. H. Clerk, B.A., 
E.B.S, 
Notes on the Early History of Artillery. By the late Col. Cleaveland, B.A. 
Pesultory Notes at Takoo. By an Officer of the Siege Train. 
The Boyal Artillery at Canton. By an Officer of the Boyal Artillery. 
Pespatch of Captain Mercer, B.A., commanding the Boyal Artillery in New 
* £464 2 s. 8 \d. 
f Since received. 
