436  American  Pharmaceutical  Association.  {Amiigusi5Km' 
cording  to  the  by-laws  is  to  embrace  the  publications  to  the  end  of  June  ;  it  is 
intended  to  introduce  some  new  features  in  the  introductory  part  of  the  report. 
The  Committee  on  National  Formulary  will  endeavor  during  the  ensuing 
year  to  collect  criticisms  and  suggestions,  and  arrange  matters  for  active  work. 
The  report  of  the  Treasurer  showed  a  total  income  from  July  1,  1888  to  May 
1,  1889,  of  $12,067.37,  which  includes  last  year's  balance  of  $2,376  07  ;  annual 
dues,  $5,070  ;  from  National  Formulary,  $4,145.52,  the  remainder  being  for  cer- 
tificates, proceedings  sold  life  membership  fees,  etc.  The  current  expenses 
since  July,  1888,  were  $5,718.33,  for  National  Formulary,  $3,258.59;  for  funds, 
$124,  total  $9,120.92,  leaving  a  cash  balance  on  hand  May  1st,  of  $2,946.45. 
The  Treasurer  called  attention  to  the  fact  that  for  three  years  past  the  cur- 
rent expenses  of  the  Association  had  exceeded  the  amount  of  the  annual 
dues  collected. 
The  chairman  of  the  Council  reported  the  value  of  the  different  funds  to  be 
as  follows:  Ebert  fund  $811.78  ;  Centennial  fund  $1,499.57  ;  Life  Membership 
fund  $9,710.41 ;  making  the  total  invested  funds  $12,021.76. 
The  Secretary's  statement  on  the  National  Formulary  gives  the  total  cost  of 
printing  and  distributing  the  book  up  to  April  30,  at  $3,440.29  ;  total  receipts, 
$4,141.12;  bills  receivable,  $553.86 ;  bills  payable,  $99.68 ;  stock  on  hand,  bound 
and  unbound,  2249  copies  ;  value  at  wholesale  prices  of  1378  copies  sent  to 
members  and  others,  $708.70;  total  expenses  of  National  Formulary  Committee 
since  1885,  $241. 67. 
These  reports  had  been  examined  by  the  Auditing  Committee  and  compared 
with  the  books  and  were  found  to  be  correct. 
The  Committee  on  Publication  reported  the  total  cost  of  last  year's  volume 
to  be  $4,056  77,  referred  to  the  favorable  account  of  the  National  Formulary, 
and  directed  attention  to  the  considerable  reduction  in  price  of  the  older 
volumes  of  the  Proceedings,  which  it  was  hoped  would  induce  many  members 
to  complete  their  sets. 
The  Committee  on  Prize  Essays  recommended  the  awarding  of  the  Ebert 
prize  for  1888,  to  Joseph  F.  Geisler  of  New  York,  for  his  essay  on  the  morphio- 
metric  assay  of  opium. 
Considerable  discussion  took  place  when  the  Committee  on  the  next  meeting 
requested  on  the  part  of  the  members  present  an  expression  in  regard  to  the 
locality  for  holding  the  meeting.  Besides  Asbury  Park,  New  Orleans,  St.  Louis, 
Indianapolis,  New  York,  the  White  Mountains  and  other  places  were  mentioned. 
The  Committee  subsequently  reported  in  favor  of  holding  the  next  meeting  in 
New  York  City;  but  an  amendment  prevailed  selecting  Old  Point  Comfort,  Va., 
where  the  next  meeting  will  be  convened  on  the  second  Monday  in  September, 
1890. 
The  draft  of  a  bill  relating  to  pharmacists  in  the  U.  S.  Navy  was  presented, 
and  after  some  discussion  was  referred  to  the  Section  on  Legislation  with  full 
power  to  act. 
The  Section  on  Commercial  Interests  held  two  sessions  on  Tuesday  afternoon 
and  evening.  The  Chairman  and  Secretary  being  absent,  Mr.  Leo  Eliel  occupied 
the  chair  and  Mr.  J.  H.  Dawson  acted  as  temporary  secretary.  The  discussion 
was  mainly  on  the  alcohol  tax,  a  subject  which  had  been  discussed  at  previous 
meetings,  and  at  the  meetings  of  the  various  State  Societies,  so  that  new7  argu- 
ments could  hardly  be  presented.   Though  there  was  some  opposition  to  the 
