February, ’23] 
BUSINESS PROCEEDINGS 
5 
this method continuously, it should be possible to greatly increase the circulation of 
the Journal which in turn will make possible the publication of a greater number 
of papers. 
At the close of the last year, the subscription list numbered 896. It now numbers 
998. Earnest co-operation with Mr. Collins is requested and there is no good 
reason why this should not result in a very large increase in our subscription list. 
For the first time in several years, it is now possible to announce that the funds 
loaned by the association to finance the Journal have been repaid, and the publica¬ 
tion is now on a self-supporting basis. The prospects are excellent for maintaining 
this status, and it should be a satisfaction for members of the association to know that 
the Journal has passed through a difficult financial period without being obliged to 
materially curtail the number of pages published or be under obligation to the associa¬ 
tion or its members for any funds that were advanced during the past. 
The supply of back numbers of the Journal has been reduced by sales so that it 
will be advisable to increase the price of some of these volumes in the near future. 
All volumes except Volume I are now selling at $3.50 each. It is suggested that 
members desiring to complete their file do so without delay and take advantage of 
this opportunity before the price is increased. 
Index to the Literature of American Economic Entomology, I 
During the past year, a number of copies of this Index have been sold. As a 
result of this income, it has been possible to bind and place in cartons the 400 un¬ 
bound copies of this publication. After defraying this expense there remains in the 
treasury approximately the same amount as was carried to the credit of that fund 
last year. 
. Index to the Literature of American Economic Entomology, II 
A limited number of copies of this publication have been sold during the past 
year and the funds secured have been used in supplying cartons for 500 volumes and 
in paying outstanding loans. It has been possible to pay the last four notes of $25 
each covering funds advanced by members to finance this publication and to return 
$225 to the association treasury in part payment of what was loaned on this account. 
Index II now shows a deficit of $425. If sales during the next two years can be 
maintained in the same volume as during the last year, this amount can be liquidated. 
Permanent Fund 
At the Toronto meeting, the association voted, on recommendation of the execu¬ 
tive committee, to establish a permanent fund, to which could be transferred each 
year a portion of the unexpended balance not required for current expenses. Before 
the adjournment of that meeting, the executive committee voted to transfer one—$100 
Liberty Bond, which has been held by the association for several years, and $500 
from the association treasury to this fund. It was understood that the Secretary 
should secure for the association a $500 Liberty Bond at the market price. This was 
done and the balance of the $500 deposited in the permanent fund. Since that time, 
by vote of the executive committee, $179.83 which has been carried for a number of 
