2 T HE. ADU DUB ON sepa Uel eee 
Treasurer’s Report 
for ten months of the current fiscal year, 
July 1, 1951 to April 30, 1952 
Operating Account, balance July 1 ; A : $ 263.16 
Membership dues received . : : : : $ 884.00 
Members’ donations for Screen Tours . d 248.50 
Investment income, interest and dividends . : 676.66 
Sales of books and Bulletins . : : . 213.86 
Sales of binoculars . : ; : ; : 244.80 2267.82 
~ 2530.98 
Printing and mailing of three Bulletins . , 859.58 
General expense items : : : , : 171.09 
Cost of Screen Tour programs . : s 5 451.09 
Cost of books purchased . ‘ : : , 93,72 
Cost of binoculars sold : : : ; é 170.45 
Cost of two binoculars on hand : : : 81.95 1827.88 
703.10 
Transferred to the Investment Account . d ; : ; 297.56 
Balance, April 380, 1952 : : a : : 405.54 
Investment. Account. We were most fortunate, during the year, in re- 
ceiving a bequest from the estate of Anna D. Holmquist amounting to 
$6,741.87, increasing the current value of the investment account to 
approximately $21,800.00 and the annual investment income to about 
$835.00. The securities held in the account are distributed approximately 
40% in U. S. Government obligations, 30% in corporate bonds and preferred 
stocks and 30% in common stocks. In accordance with the laws under 
which the Society is incorporated, only the income from the Investment 
Account may be used to pay the expenses of the Society; the fund itself 
may not be used for this purpose. Hence the Directors are especially grate- 
ful for the generous donations made by members and friends to pay for 
the Screen Tours. 
Respectfully submitted, John Helmer, Treasurer 
ft ft Ff 
Program of the Annual Meeting 
AFTER THE BUSINESS PORTION of the Annual Meeting was concluded, the 
members were treated to a fine program of lectures and pictures arranged 
by Vice-President Paul Downing. First was a color movie, “Birds in the 
Hand,” by Mr. Harold Wilson of Ephraim, Wisconsin, President of the 
Inland Bird-Banding Association. He showed some of the results and 
experiences gained by many years of banding gulls and shore birds. 
Mrs. Pauline Esdale, a former director of the Illinois Audubon So- 
ciety, followed with “Bird Neighbors,” a series of bird imitations with 
musical accompaniment. Her reproduction of the songs of our native 
birds was remarkable; no one realized before that we have such a wealth of 
talent in our own membership. | 
Dr. Harlow B. Mills, ‘Chief of the Illinois State Natural History Sur- 
vey at Urbana, spoke on “Research and Our Wildlife Assets.” With the 
aid of maps and charts, he explained some of the work being carried 
