It is pleasant to be able to record that the year which has passed since our last anniversary meeting has seen our Society make satisfactory progress in all respects. Our numbers have increased. Our losses by death have been nine, and by resignation nine, and four names have been removed from our roll for non-payment of subscription. On the other hand, forty-two new Fellows have been elected, among them some whom we have special reason to welcome, so that we have a net increase in subscribing and life Fellows of twenty, a far larger number than usual. We must, each one of us, do our best to keep up this rate of increase, remembering always the responsibility resting on the proposer and seconder of a candidate not to lay before the Council the name of anyone who will not be a credit to the Society. Our list of subscribing Libraries, British, colonial, and foreign, shows a net increase of eight, and a total of about 200. This we owe to the energy and influence of our Hon. Treasurer, though we certainly give Libraries a generous return for their subscriptions. We have to thank Mr. Tedder also for his skilful management of our finances, which, as you may see by the Report of the Council, are in a healthy condition. The average attendance at our meetings has been good; our Library has received munificent gifts, and our publications have been issued with even more than usual promptitude. We are much indebted to our Director and to our Hon. Secretary for the time and labour which they—both of them busy men—devote to the furtherance of our interests.