Printing, 147.35

Rubbing, 251.75

Travelling, 92.15

Prizes, 215.00

Training table, 372.30

Sundries, 180.50

$3623.58

Balance, 50.24

$3673.82

Besides this there are still the following debts outstanding:

To Miss Cotter, $500.21

F. S. Pratt, 8.83

Thurston, 57.09

N. G. Wood and Sons, 488.45

$1054.58

Of this debt half has been hanging over for the past two or three years. The chief cause of this deficit has been the unfavorable weather in which the games have been held.

A very interesting letter from C. R. Bardeen '93, ex-president of the association, was read, in which he says that owing to lack of interest in the first winter meeting it ought to be abolished and that unless greater effort is made in the other two they should also be abolished. Mr. Bardeen also speaks favorably for the continuance of the open handicap games held here in Cambridge in the spring.